QUESTIONS

1. Despite the on-going partnership contract, it can be dissolved or come to an end due to courts

intervention or without depending on various circumstances. Discuss the ways a partnership

can be dissolved without courts intervention.

2. Insurance is a contract whereby a party known as the insurer undertakes, in consideration for

a sum of money known as premium paid by the insured, to pay a sum of money or its

equivalent on the happening of a specified future event. Explain the essentials of an

insurance contract.

3. Insurance contracts may be classified into various categories on basis of circumstances

affecting it such as interest and event insured, nature of the contract and others. Hence

discuss the principles of insurance.

4. Despite the advantages of an insurance contract, it has also some consequences that lead to

its termination. Based on insurance contract discuss ways in which its either terminated or

comes to an end.

5. Bailment is a contract whereby a party known as bailor delivers goods to another known as

bailee with specific instructions that the goods be dealt with in a particular manner or be

returned as soon as the purpose for which they were bailed is accomplished. List the contents

of bailment.

6.In relation to the sources of law: explain the meaning of the term "common law "and state four characteristics that a custom under African customary law should satisfy to be enforceable.

7.With the use of appropriate examples, highlight four circumstances under which African customary law may be used as a source of law and matters in which African customary law can be applied.

8.One of the most significant shortcomings of the common law that led to the development of equity was inadequate remedies. As a result, many would be plaintiffs were left out; however, equity increased the remedies. With reference to the above statements discuss five equitable remedies.

9.As sources of law is concerned, explain the inadequacies of common law that resulted in the development of the principles and doctrines of equity as a complimentary source of law.

10.During legislation, a bill might either undergo assent or referral during the bill assessment process. Summarize the process of presidential assent.