Business Law (LAWC3107)
Higher Institute of Commerce and Management (HICM)
Semester: First Semester
Level: 300
Year: 2018
REPUBLIC OF CAMEROON REPUBLIQUE DU CAMEROUN
Peace work Fatherland Paix-Travail-Patrie
THE UNIVERSITY OF BAMENDA UNIVERSITE DE BAMENDA
Higher Institute of Commerce and Institut Superieur De Commerce
Management(HICM) Et Management
P.O. BO. 64 Bambili
BUSINESS LAW EXAMINATION 2018
OPTIONS- AC Y, INS, MKT and MGt
TIME: 3 Hours
INSTRUCTIONS: Answer all the Questions
SECTION A:
Which of the following is false?
Consideration must be real
Consideration must have some identifiable value
Consideration can be inadequate
A promise to do something which one is already bound to do by law will be treated as good
consideration.
Two types of rights benefited by the owner under copy rights are:
a) Social and moral rights, b) Civic and economic rights, c) Moral and economic rights, d) All of the
above
Rani accepts Shala’s invitation to dinner by phone. This is nota contract because: .
a) Acceptance is given orally b) There is no consensus" between the two parties c) There is no intention to
create legal relations d) None of the above
Who can accept a commercial offer?
a) Only the person b) One of the persons to whom the offer is made c) Only the person who has
knowledge of an offer d) All of the above
Which of the following relationships do not raise the presumption of undue influence?
a) Doctor and patient b) Trustee and beneficiary c) Landlord and tenant d) none of the above.
On the revocation of an offer, the offer is no longer open to the offeree. Yes or No
Moye took up the responsibility of providing education to Jessica who is a minor. Which of the following
is true?
a) The contract is void b) Moye can rescind the contract c) Jessica is liable to reimburse moye out of her
property d) Jesssica is not liable to reimburse Moye and can claim exemption as she is minor.
The duration of copy rights is :
a) Life time of author and 10 years after his death b)20 years c) 25 years death and 10 years after death
d) Life time and 20 years after his death
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9) Nobody is allowed to monopolize a “generic term” in business. An example of a generic term
Is…………………….
10) The duration of a patent as provided by the Bangui Agreement is:
a) 20 years, b) 21 years, C) 25 years d) 28 years
11) Which of the following relationships do not raise the presumption of undue influence?
a) Doctor and patient b) Trustee and beneficiary c) Landlord and tenant d) None of the above
12) Communication of acceptance made by post is complete as against the offeror when the letter of
acceptance:
a) Reaches the offeror b) Is posted to him c) Is in transit d) Is signed by the offeree
SECTION B:
13) Identify the basic fundamental principles of banking law 2mfa
14) State the types of negotiable instruments that you know 3mks
15) List four ways you can terminate an offer. 2mks
16) Name two types of contracts that may be enforceable against a minor? 1mks
17) Identify one body charged with the protection of copy rights in Cameroon 1mk
18) Which organ is in charge of banking regulation in Cameroon? lmk
19) Name three areas where you can have self- defense to copy rights infringements 2mks
20) Distinguish a money lender from a banker 2mks
21) Differentiate between a right to a lien and a right to set-off 2mks
22) What are the principal obligations of an employer and an employee in a labour contract?2mks
23) Consideration need not be adequqjefcdoy0u agree? 2mks
24) Explain the fact that all illegal agreements are void but all void agreements are not illegal 2mks
Good Luck
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