Question: SECTION A (17 MARKS) There are THREE (3) questions in this section. Answer the question in the answer booklet provided. Support your answer with the

SECTION A (17 MARKS) There are THREE (3)

SECTION A (17 MARKS) There are THREE (3) questions in this section. Answer the question in the answer booklet provided. Support your answer with the relevant statutory provisions, case laws and / or examples. QUESTION 1 Section 27 of the Sale of Goods Act 1957 codifies the nemo dat quod non habet rule which means 'no one can give a better title than himself. This means that if goods are bought from a person who is not the owner, and who does not sell them under the owner's authority, the buyer does not acquire any title' - Lim Chui Lai v Zeno Ltd and Ng Ngat Siang v Arab-Malaysian Finance Bhd & Anor. Describe FOUR (4) exceptions to the above rule. Provide an example to illustrate your answer. (8 Marks) QUESTION 2 List TWO (2) items that are considered as 'goods' within the definition given in the Sale of Goods Act 1957. (1 Mark) QUESTION 3 Agency is a relationship between a principal and an agent in which the principal confers his or her rights on the agent to act on principal's behalf. Describe FOUR (4) ways on how agency can be created. Provide example to your answer. (8 Marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!