Question
Use the knowledge, skills and theories gained in class to andress the questions 1.An agent will usually act within the authority but if the relationship
Use the knowledge, skills and theories gained in class to andress the questions
1.An agent will usually act within the authority but if the relationship with the principle is well established he may occasionally act outside the authority if he feels the principle will subsequently ratify the agent's action. Discuss the effects of subsequent.
2. An agent cannot be allowed to delegate his authority however some circumstances may lead to delegation of the authority. Highlight such circumstances.
3. Explain four conditions which are implied in every contract covered by the sale of good act.
4. One of the remedy of the unpaid seller is the right of lien. Analyze two circumstances under which right of lien might be terminated.
5. Any person who has been appointed to represent another in dealings with parties is an agent .
There are however persons who regularly act for others in business transactions as professional agents. Discuss four examples of professional agents
6. Under sale of good act where there is a contract for sale of specific or ascertained goods the property in goods is transferred to the buyer at such a time as the parties to the contract intend it to be transferred. Discuss the rules for determining when property passes to the buyer from the seller.
7.Hosea and Jeremiah met for business lunch at the restaurant in town, they were later joined by Joshua Jeremiah's friend .During the discussion Jeremiah informed that he was He was Hosea's agent to which he did not object . Awake later Jeremiah obtained goods on credit from Joshua on behalf of Hosea Jeremiah has since then disappeared and Joshua is claiming payment for the goods from Hosea. Explain the legal principles applicable in this case and advise Joshua.
8.The literal meaning of Nemodat quad non habet is that no one can give what he has not However there are exceptions to this rule .Discuss the exception of nemodat rule.
9.In relation to the contract of sale of goods. Outline categories of unascertained goods and also the rules that govern the delivery of goods.
10.Sometimes a seller may not be paid for the good delivered and therefore he may exercise right of resale under certain circumstances. In relation to the above statement highlight various circumstances under which the unpaid seller might exercise the right to resale.
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