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Find Related Questions by Tags, levels, etc.
a. A bill of exchange must conform with the requirements of the law (the Bills of Exchange Act 1990) before it could be valid.
Required:
Comment on the validity of the following Bills of Exchange:
(i) Please pay Kwame the sum of N1,000,000.00; (2 Marks)
(ii) Pay James N5,000.00, provided the receipt form at the foot hereof is duly signed; (2 Marks)
(iii) Pay Jossy N10,000.00 ten days after the death of his father. (2 Marks)
b. An unpaid seller under a contract of sale of goods has two classes of rights, namely: rights against the goods and rights against the buyer.
Required:
State THREE rights of an unpaid seller over the goods. (6 Marks)
c. As a general rule, all persons of full age may sue or be sued in tort.
Required:
State FOUR exceptions to the above-mentioned general rule. (4 Marks)
d. James, a Nigerian who is resident in the U.S.A., intends to transfer a sum of 100,000 dollars to Nigeria for investment.
Required:
Advise James on the steps to be taken to avoid breaching the provisions of the Money Laundering (Prohibition) Act of 2011. (4 Marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
a) Kojo Adams was employed by Zinto Breweries Ltd to drive the company’s van. Without permission, Kojo Adams took the van from his employer’s garage in order to deliver a child’s coffin at the home of a relative. While he was returning the van to the garage, he picked up some empty beer barrels, and was afterwards involved in an accident which injured one Kosaa. Kosaa took legal action in court against Kojo Adam’s and Zinto Breweries Ltd.
Required:
i) Identify TWO (2) issues that arise from this case.
(4 marks)
ii) Explain the chances of Kosaa in her action against Zinto Breweries Ltd.
(4 marks)
iii) Advise Kojo Adams.
(2 marks)
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b) Both tort and contract laws are considered part of the civil law (as opposed to criminal law). However, there are several differences between these two branches of civil law.
Required:
i) Explain law of contract and law of tort. (6 marks)
ii) State TWO differences between law of contract and law of tort. (4 marks)
(Total: 10 marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
a. A bill of exchange must conform with the requirements of the law (the Bills of Exchange Act 1990) before it could be valid.
Required:
Comment on the validity of the following Bills of Exchange:
(i) Please pay Kwame the sum of N1,000,000.00; (2 Marks)
(ii) Pay James N5,000.00, provided the receipt form at the foot hereof is duly signed; (2 Marks)
(iii) Pay Jossy N10,000.00 ten days after the death of his father. (2 Marks)
b. An unpaid seller under a contract of sale of goods has two classes of rights, namely: rights against the goods and rights against the buyer.
Required:
State THREE rights of an unpaid seller over the goods. (6 Marks)
c. As a general rule, all persons of full age may sue or be sued in tort.
Required:
State FOUR exceptions to the above-mentioned general rule. (4 Marks)
d. James, a Nigerian who is resident in the U.S.A., intends to transfer a sum of 100,000 dollars to Nigeria for investment.
Required:
Advise James on the steps to be taken to avoid breaching the provisions of the Money Laundering (Prohibition) Act of 2011. (4 Marks)
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
a) Kojo Adams was employed by Zinto Breweries Ltd to drive the company’s van. Without permission, Kojo Adams took the van from his employer’s garage in order to deliver a child’s coffin at the home of a relative. While he was returning the van to the garage, he picked up some empty beer barrels, and was afterwards involved in an accident which injured one Kosaa. Kosaa took legal action in court against Kojo Adam’s and Zinto Breweries Ltd.
Required:
i) Identify TWO (2) issues that arise from this case.
(4 marks)
ii) Explain the chances of Kosaa in her action against Zinto Breweries Ltd.
(4 marks)
iii) Advise Kojo Adams.
(2 marks)
Find Related Questions by Tags, levels, etc.
b) Both tort and contract laws are considered part of the civil law (as opposed to criminal law). However, there are several differences between these two branches of civil law.
Required:
i) Explain law of contract and law of tort. (6 marks)
ii) State TWO differences between law of contract and law of tort. (4 marks)
(Total: 10 marks)
Find Related Questions by Tags, levels, etc.
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