Introduction To Law June 20021 ~! O9 k% Y/ ^, c& D! d; a
Section one Question 1 Answer all questions below. Do not write more than 20 words on each sentence.
, n5 M( `+ c( o: ~0 r- G, ~0 t$ G 1.1 Explain what is an offer. (4 marks)5 c* ^. B! l& \" U; e3 D& j
1.2 Name the 2 types of undue influence. (2 marks)
9 [8 I, E6 A! k* Z6 ?9 b: B5 r0 q 1.3 In the agreement (an offer and acceptance), what muse be certain. (1 mark)! {! [) u1 L$ r7 K% g$ }
1.4 What is the difference between a condition and a warranty and their consequence to the validity of a contract. (4 marks)
; k' J2 e% O' L1 P+ s0 k 1.5 Give any two examples of strict liability. (2 marks): F& y# J/ _/ H5 M
1.6 Give any 3 characteristics of a negotiable instrument. (3 marks)
2 o' p% M; D7 @4 R4 p8 T% T 1.7 What is meant by “good faith”. (1 mark)
: r% L2 a! M2 I; y% K' |# c& ?& S 1.8 What type of indorsement is the following: (1 mark) “pay to the order of Bank of China for collection Signed by Li Rong sang”4 R9 _) a6 W6 [: E) `
1.9 Name 2 types of crossing of a cheque under the Bill of Exchange Ordinance. (2 marks)
y1 C' U# O( U: ]8 s% D7 t Section two Answer any four questions out of the seven questions (2----8) below only. Each question carries 20 marks.0 ^ f% {" y5 g- t# q
Question 2 Answer all questions below. Read the following statements, state whether they are True(T) or False(F). If it is a false statement, try to rewrite a correct version to illustrate your answers. 2.1 All contracts made by persons of unsound mind are void. 2.2 Liability in tort may be terminated by death.
& _# m$ k. N/ ]5 a3 y; R 2.3 The rule of acceptance is applicable to cheque.( q- ]9 V" M" J- v( b8 l' _
2.4 An account holder has a duty to inspect the monthly statement of account sent by his bank to him. |