Business Law (LAWC3107)

Higher Institute of Commerce and Management (HICM)

Semester: First Semester

Level: 300

Year: 2014

Academic year 2013-2014
Semester exams of Business Law
Lecturer: Mr NOUKEU SIDONIE
Instructions: Students shall answer questions 1 and 3 and any in question 2
QUESTION 1: (10marks)
Mabel is the own the owner of a coffee shop located inside the premises of Vatican Express at the city
chemist bamenda. The later wants to relocate to station and Mabel has decided to sell the business. But
nobody has to buy because, according to them, one major component of the business does not exist.
1. What is that component? 5mks.
2. What are the other components of business of Goodwill? 5mks.
QUESTION2:(5mks)
1. What is lease management? and what are the duties of lease management?5mks
2. Discuss the obligations of parties in the contract of commercial lease. 5mks
QUESTION 3:(20Marks)
Ralph ADO a Ghanaian business man who lives in south African and Titril Houseyni a Senegalese, also a
business man whose permanent residence is in Mauritius island applied together and won a contract to
promote the image and trademark of a newly created Cameroonian company specialized in conversation
of farming products. Along the line, there have been many and the contract was not properly executed.
Now they need the intervention of a private court to help them break through because they do not have
the same nationality.
1. What is the name of the private court? 2mks
2. What are the various ways to submit a dispute to that court? 4mks
3. Since it is a private court, who is in charge of the appointment of the judges in that court? How
they usually called?4mks
4. Giving that it is not a national court who applies the law of the state, how will they proceed to
select the law to apply in their specific case? 6mks
5. How do they call the final decision of the judge in the court? Is it automatically enforceable in the
state? Why?4mks.
Present your answers neatly and in order thank you
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