QUESTIONS

1.The hire purchase act implies some terms in every hire purchase agreement. One of these terms is merchantability. This is a condition that the goods are of merchantable quality unless they are second hand. There are however some instances when this condition may be dispensed with. Outline two of the instances when merchantability may be dispensed with.

2.In a context of the law of contract, explain the categories of contracts that are considered illegal on the ground that they are opposed to public policy.

3.Undue influence is when two parties have unequal power and one party dominates over each making junior party not to exercise independent judgement on a contract. With respect to so explain five circumstances under which existence of undue influence is presumed in law.

4.Winy Kay and Evans Jay have been long time friends. They have decided to form a partnership but do not want to be governed by a partnership agreement. Explain to Winy Kay and Evans Jay the rights and duties of partners in a partnership with no partnership agreement.

5.In relation to the law of property, enumerate six lawful ways through which a person might acquire property other than by purchase.

6.With reference to the law of intellectual property as based in law of property, discussion four advantages of registering and industrial design.

7.According to the law of negotiable instruments,summarize three ways of terminating a banker customer relationship.

8.In the law of insurance,state five ways through which and insurance contract maybe terminated.

9.In relation to indemnity and guaranteed, state six circumstances under which a contract of guarantee might be declared void.

10.In relations to law of contracts, a void contract is a contract that confer no right or no obligations on the parties hence treated as non-existence. With so describe three mistakes that render a contract void.