Corporate and Business Law · 2016

Onyi, Okonto and Joe: stealing, the elements, and application to money taken for a purpose and spent otherwise. Revise worked problems 1 and 2.

Minimum number of directors, how they are appointed, and powers of the general meeting. Section A Question 14 lists those disqualified. Revise appointment and disqualification.

Offer and counter-offer, and the Kehinde and Comfort problem (6 marks). Revise offer, counter-offer, termination and worked problem 1.

Mandatory disclosure, surveillance of bank accounts and transactions requiring special surveillance. Revise sections 7, 11 and 15.

Parties to a bill, general acceptance, and order and bearer bills. Revise parties and the order and bearer comparison.

Explain a trust, three uses, and the participants in the Ade, Segun and Tunde Toyota problem. Revise the meaning and worked problem 1.

Insurable interest, and Mallam Bako who sold his insured building. Revise insurable interest and worked problem 2.

Two persons who could be secretary of a public company, three duties of a secretary, and a secretary who hired cars for his own use. Revise qualifications, duties and authority.

The company secretary who hired cars as an agent of the company. Revise apparent authority and worked problem 3.

Four statutes against bribery, and an explanation of bribery. Revise the offence and the statutes.

Business of an AGM includes appointment of auditors and fixing their remuneration, and the audit committee members. Revise appointment and the audit committee.

Declaration of dividends is ordinary business of an annual general meeting. Revise who declares a dividend.

Ways in which an offer may be terminated, and privity (Esther and Bode). Revise termination of an offer and privity.

Injunction, specific performance, rescission and rectification explained, and five remedies with the one that suits Christy. Revise the remedies table and worked problem 2.

Exceptions to the rule that all persons of full age may sue and be sued in tort. Revise capacity in torts.

Three rights of an agent. Revise the six rights of an agent.

Rights of the hirer in hire purchase. Revise the rights of the hirer and worked problem 4.

Three classes of goods, and classification with its significance. Revise the classes of goods.

The circumstances in which a company may be placed in receivership (eight). Revise receivership.

Conditions for the admissibility of computer and electronic evidence. Revise section 84 and worked problem 3.

Five businesses of a commercial bank. Revise banking business.

From the Business Law paper set under the previous syllabus. Part (b) asks about general meetings of a public company. Revise the three types of meeting.

Three tests of company insolvency, stated and explained. Revise the four tests.

Parties to a bill, general acceptance, and order and bearer bills. Revise parties and the order and bearer comparison.

Del credere agent, and short notes on a broker and an auctioneer. Revise the four special agents.

Explain hard disk storage, external disk storage and flash disk storage. Revise the storage devices.

Strict liability and two of its elements (4 marks). Revise Rylands v Fletcher.

Insurable interest, and Mallam Bako who sold his insured building. Revise insurable interest and worked problem 2.

The meaning of goods under the Sale of Goods Act. Revise goods.