Explain the contents of the memorandum required as evidence of a contract ANSWER The note or memorandum evidencing the contract must contain the following information: Description of the parties sufficient to indentify them. Description of the subject matter sufficient to Read More …
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Citing examples, write brief notes on the following: i) Contracts which must be under seal ii) Contracts which must be in writing iii) Contracts which must be evidenced in writing
Citing examples, write brief notes on the following: i) Contracts which must be under seal ii) Contracts which must be in writing iii) Contracts which must be evidenced in writing ANSWER i) Contract under seal: This is a contract Read More …
Structure of Courts in Kenya, Establishment, Composition and their Jurisdiction
Structure of courts in Kenya The courts under the Constitution operate at two levels, namely; Superior and Subordinate courts. Superior Courts Supreme court, Court of appeal, High court, Employment and labor relations court Environment and land court Subordinate Courts: Magistrates’ Read More …
a) Illustrate three ways in which property may be acquired b) Give details of four types of tenancies
a) Illustrate three ways in which property may be acquired b) Give details of four types of tenancies ANSWER a) Property may be acquired in various ways some of which include: Asserting ownership over things not previously owned anyone Read More …
A will is a declaration made a person during his lifetime, of his intention concerning disposal of his property after his death. In relation to wills: a) Explain the characteristics of a valid will b) Describe the formalities of a valid will c) Explain the ways in which a will can be revoked d) Give details of the duties of a personal representative
A will is a declaration made a person during his lifetime, of his intention concerning disposal of his property after his death. In relation to wills: a) Explain the characteristics of a valid will b) Describe the formalities of Read More …
Describe the remedies of a legal mortgage
Describe the remedies of a legal mortgage ANSWER Fore closure: this is a court order which extinguishes the borrower’s equitable right to redeem the property. The interest of the borrower in the property is vested in mortgagee. Statutory power of Read More …
Discuss the ways in which a pawn can be redeemed
Discuss the ways in which a pawn can be redeemed ANSWER The pawnor is entitled to redeem the goods pawned within the stipulated time or if no time is fixed, within a reasonable time after demand for payment has been Read More …
a) Define a “pledge‟ and distinguish a pledge from a mortgage b) Explain the main characteristics of a pledge
a) Define a “pledge‟ and distinguish a pledge from a mortgage b) Explain the main characteristics of a pledge ANSWER a) Distinguishing a pledge from a mortgage Pledge Mortgage This is a pawn Mortgage is the conveyance of land or Read More …
Explain the exceptions to the “nemo dat” rule
Explain the exceptions to the “nemo dat” rule ANSWER Estoppel: Where the true owner holds out another person as owner and third parties rely on the representation to their detriment. Sale factor or Mercantile agent: Such a sale passes Read More …
With reference to a contract of sale of goods, explain the implied conditions on the part of the seller
With reference to a contract of sale of goods, explain the implied conditions on the part of the seller ANSWER Right to sell: under sec 14 (a) of the Act, it is implied that the seller shall have the right Read More …