Business Law (LAW3107)
Higher Institute of Commerce and Management (HICM)
Semester: Resit
Level: 300
Year: 2014
REPUBLIC OF CAMEROON REPUBLIQUE DU CAMEROON
Peace --work- Fatherland Paix-Travail- Patrie
THE UNIVERSITY OF BAMENDA UNIVERSITE DE BAMENDA
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Higher institute of commerce and Management (HICM) Institute superieur decommerce et de Gesttion
P.O.BOX 64 BAMBILI P.O.BOX 64 BAMBILI
Academic year2013-2014
Re-sit exams of Business Law
Lecturers: Mrs NOUKEU SidonieMr DOBGIMA Divine
Duration:2 hour
Instruction students shall answer all questions
Question 1: (10 marks)
Mabel is the owner of a coffee shop located inside the premises of Vatican Express at city chemist Bamenda. The
latter wants to relocate at station and Mabel has decided to sell the business. But nobody has accepted to buy
because, according to them, one major component of business does not exist
1. What is that component? 7.5mks
2. What arc the other components of business or Goodwill? 7.5mks
Question 2: (20 marks)
1-Is an Arbitral Award under the OHADA Uniform Act on Arbitration law subject to ordinary appeal? If not
elucidate or expound the grounds upon which the Award can be revoked 10mks
2-what is an Arbitration Agreement? Explain the enforcement proceedings of an Arbitral Award issued by a
tribunal. 10marks .
Question 3: (35 marks)
Mirabelle wants to engage as a professional trade middleman after her graduation from a school of business. She
went to her law lecturer who asked her to look for the following information in order to be able to make a good
choice So she needs your Help for the following
1- Who is a commercial intermediary and what are the different categories of commercial intermediaries under
OHADA Uniform Act relating to general commercial law? 7.5mks
2- Which obligations are common to all commercial intermediaries? 7 Sinks
4- What are the obligations of the principal regarding the engagements made by the
Middle man in his account?.2.5mks
5- What are the effects of an intermediary’s Acts and under which circumstances his contract can be terminated?
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