Messi purchases a vehicle from Wayne for Ksh. 250,000 on an 'as is where is' basis....
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Messi purchases a vehicle from Wayne for Ksh. 250,000 on an 'as is where is' basis. Shortly after Messi paid the final installment, the vehicle is impounded by the revenue authorities for evasion of customs duty amounting to Ksh. 300,000. i) What remedies does Messi have to tackle this situation? (4 Marks) ii) From Messi's situation, define the principle that a buyer must be aware of what deals he gets into, and instances where that doctrine does not apply. (6 Marks) Messi purchases a vehicle from Wayne for Ksh. 250,000 on an 'as is where is' basis. Shortly after Messi paid the final installment, the vehicle is impounded by the revenue authorities for evasion of customs duty amounting to Ksh. 300,000. i) What remedies does Messi have to tackle this situation? (4 Marks) ii) From Messi's situation, define the principle that a buyer must be aware of what deals he gets into, and instances where that doctrine does not apply. (6 Marks)
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