Business Law (MANM3103)
Faculty of Economics and Management Science (FEMS)
Semester: First Semester
Level: 300
Year: 2018
Section A; COST ANALYSIS
1) Which of the following relationship do not false the presumption of undue influence?
a) Doctor and patient b) trustee and beneficiary c) landlord and tenant d) none of
the above
2) The duration of patent as provided by the Bangui agreement is?
a) 20 years b) 21 years c) 25 years d) 28 years
3) Offers need not always be made to a certain person ( an ascertained person), but it is
necessary that one should accept it. True or False?
4) State three limitations of the act of commerciality
5) Identify the obligations of a trader
6) An offer may be made in two forms which are?
7) What is quantum meruit?
8) 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 the offer d) all of the above
9) An auction is invitation to treat and not an offer?
a) True b) False
10) On the revocation of an offer, the offer is no longer open to the offeree
a) Yes b) no
11) Which of the following is false?
a) Consideration must be real b) consideration must have some identifiable value c)
consideration can be in adequate d) a promise to do something which one is
already bound to do by law will be treated as a good consideration.
12) Communication of acceptance made by the 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 designed by the
offeree
13) 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 resign the contract c) Jessica is liable to reimburse
Moye out of her property d) Jessica is not liable to reimburse Moye and can claim
exemption as she is a minor
14) Rani accepts Shala’s invitation to dinner by phone. This is not a contract because
a) Acceptance is given orally b) there is no consensus between the two parties c)
there is no intention to create a legal relations d) none of the above
15) Contract of employment may be
a) Written b) oral c)partly written and partly oral d) all of the above
16) TANTANPION and BEYONCE entered into a contract where by TANTANPION
agreed to sell ten million worth of heroin, an illegal substance. This is an example of a:
a) Quasi-contract b) void-contract c) voidable contract d) secondary contract
17) In their contract they had concluded that in the case of dispute, they would go through
arbitration, state the form of agreement
a) Exequatur b) arbitration clause c) arbitration agreement d) submission
18) B
EYONCE does not want to pay her debt after receiving the goods(heroin) claiming that
THE UNIVERSITY OF BAMENDA
FACULTY OF ECONOMICS AND MANAGEMENT SCIENCES
1
st
Semester Exam Course: Business Law: BLAW301
Credit Value:
Course Lecturers:
Time: Course Status: Date: 2018
Venue: Instruction:
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the contract she signed is illegal before the law consequently, the arbitration tribunal
cannot entertain the matter. Is he correct?
a) Yes b) no c) it depends d) A,B,C
19) She carried the matter to court and tom is confused on what to do
a) He doesn’t have any option because the court is above the tribunal
b) He can decline the jurisdiction of the court based on the arbitration agreement
c) He cannot decline the jurisdiction of the court because the illegality of the main
contract has affected the arbitration agreement
d) None of the above
20) Which if the following most accurately describe the enforceability of an arbitration
award?
a) The arbitration award is not binding on the parties, they may chose to follow it if
they so wish
b) An arbitral award un less set aside by a court of competent jurisdiction is
enforceable in a same manner as a judgement.
c) An arbitral award can only be enforceable after the opposition of the executory
clause or exequatur.
d) An arbitral clause cannot be enforceable in the case of commercial dispute.
21) The duration of copy right is?
a) Life time of the author and 10 years after his death b) 20 years c) 25 years and
10 years after his death d) life time and 20 years after his death
22) 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
23) Nobody can monopolize a generic term in business. An example of a generic term is?
24) Name two types of franchising you know
25) Under the OHADA law on arbitration,
a) An arbitrator must always provide reasons for the award
b) The arbitrator needs not to provide reasons for the award
c) An arbitrator needs only provide reasons for the award when specifically requested
by the parties
d) None of these
26) The act on their own name but on behalf of a principal in the matters of purchase and
sales
a) Factors b) brokers c) commercial agents d) managers
27) An offer may be made in two forms, which are?
28) Consideration need not be adequate. Do you agree? (5 mks)
29) Explain the facts that all illegal agreements are void but all void agreements are illegal
(5 mks)
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