Legal Status – NBC Institute

BL – Nov 2011 – L1 – SA – Q15 – Law of Contract

Identify the status of a contract that ought to be in writing but is not.

Question

A contract that ought to be in writing but is not, is:
A. Illegal
B. Void
C. Unenforceable
D. Unduly influenced
E. A deed

Answer

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Tags: Contract, Legal Status, Writing Requirement
Level: Level 1

Topic: Law of Contract
Series: NOV 2011

BL – May 2013 – L1 – SA – Q20 – Law of Trusts

This question tests knowledge of which entities cannot be declared bankrupt.

Question

Which of the following CANNOT be made a bankrupt?

A. A company
B. A Nigerian
C. A partnership
D. A foreigner who lives in Nigeria
E. A foreigner who has a place of business in Nigeria

Answer

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Tags: Bankruptcy, Insolvency, Legal Status
Level: Level 1

Topic: Law of Trusts
Series: MAY 2013

BL – Nov 2013 – L1 – SA – Q15 – Partnership Law

Identifies how a person who holds himself out as a partner is regarded.

Question

In a Partnership, a person who holds himself out as a Partner would be regarded as a Partner by _____________________.

Answer

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Tags: Holding Out, Legal Status, Partnership Law, Short Answer
Level: Level 1

Series: NOV 2013

BL – Nov 2014 – L1 – SA – Q8 – Company Law

Identifying a situation where a company is not considered insolvent

Question

A company may be declared insolvent in any of the following situations EXCEPT if it:
A. Fails to file annual returns
B. Has been wound-up
C. Is a judgment debtor
D. Is not a judgment creditor
E. Is incapable of meeting its financial obligations

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Insolvency, Legal Status
Level: Level 1

Topic: Company Law
Series: NOV 2014

BL – Nov 2011 – L1 – SA – Q15 – Law of Contract

Identify the status of a contract that ought to be in writing but is not.

Question

A contract that ought to be in writing but is not, is:
A. Illegal
B. Void
C. Unenforceable
D. Unduly influenced
E. A deed

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract, Legal Status, Writing Requirement
Level: Level 1

Topic: Law of Contract
Series: NOV 2011

BL – May 2013 – L1 – SA – Q20 – Law of Trusts

This question tests knowledge of which entities cannot be declared bankrupt.

Question

Which of the following CANNOT be made a bankrupt?

A. A company
B. A Nigerian
C. A partnership
D. A foreigner who lives in Nigeria
E. A foreigner who has a place of business in Nigeria

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bankruptcy, Insolvency, Legal Status
Level: Level 1

Topic: Law of Trusts
Series: MAY 2013

BL – Nov 2013 – L1 – SA – Q15 – Partnership Law

Identifies how a person who holds himself out as a partner is regarded.

Question

In a Partnership, a person who holds himself out as a Partner would be regarded as a Partner by _____________________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Holding Out, Legal Status, Partnership Law, Short Answer
Level: Level 1

Series: NOV 2013

BL – Nov 2014 – L1 – SA – Q8 – Company Law

Identifying a situation where a company is not considered insolvent

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Insolvency, Legal Status
Level: Level 1

Topic: Company Law
Series: NOV 2014

Question Tag: Legal Status

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BL – Nov 2011 – L1 – SA – Q15 – Law of Contract

Identify the status of a contract that ought to be in writing but is not.

BL – May 2013 – L1 – SA – Q20 – Law of Trusts

This question tests knowledge of which entities cannot be declared bankrupt.

BL – Nov 2013 – L1 – SA – Q15 – Partnership Law

Identifies how a person who holds himself out as a partner is regarded.

BL – Nov 2014 – L1 – SA – Q8 – Company Law

Identifying a situation where a company is not considered insolvent

BL – Nov 2011 – L1 – SA – Q15 – Law of Contract

Identify the status of a contract that ought to be in writing but is not.

BL – May 2013 – L1 – SA – Q20 – Law of Trusts

This question tests knowledge of which entities cannot be declared bankrupt.

BL – Nov 2013 – L1 – SA – Q15 – Partnership Law

Identifies how a person who holds himself out as a partner is regarded.

BL – Nov 2014 – L1 – SA – Q8 – Company Law

Identifying a situation where a company is not considered insolvent

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BL – Nov 2011 – L1 – SA – Q15 – Law of Contract

Identify the status of a contract that ought to be in writing but is not.

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BL – May 2013 – L1 – SA – Q20 – Law of Trusts

This question tests knowledge of which entities cannot be declared bankrupt.

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BL – Nov 2013 – L1 – SA – Q15 – Partnership Law

Identifies how a person who holds himself out as a partner is regarded.

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BL – Nov 2014 – L1 – SA – Q8 – Company Law

Identifying a situation where a company is not considered insolvent

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BL – Nov 2011 – L1 – SA – Q15 – Law of Contract

Identify the status of a contract that ought to be in writing but is not.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q15 – Law of Contract"

BL – May 2013 – L1 – SA – Q20 – Law of Trusts

This question tests knowledge of which entities cannot be declared bankrupt.

You're reporting an error for "BL – May 2013 – L1 – SA – Q20 – Law of Trusts"

BL – Nov 2013 – L1 – SA – Q15 – Partnership Law

Identifies how a person who holds himself out as a partner is regarded.

You're reporting an error for "BL – Nov 2013 – L1 – SA – Q15 – Partnership Law"

BL – Nov 2014 – L1 – SA – Q8 – Company Law

Identifying a situation where a company is not considered insolvent

You're reporting an error for "BL – Nov 2014 – L1 – SA – Q8 – Company Law"

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