Every objective and theory question in this paper, and the topic notes to revise each one.
| No. | Section | Marks | Covers |
|---|---|---|---|
| Q1 | Offer and acceptance in insurance: the proposal form, its completion, the premium, and an agent completing the form. ... | ||
| Q2 | 4 | Offer and counter-offer, and the Kehinde and Comfort problem (6 marks). Revise offer, counter-offer, termination and ... | |
| Q3 | 4 | Ways in which a contract of employment may be formed. Revise the form of the contract. | |
| Q4 | 6 | State and explain the acts of a clerk that amount to fraudulent false accounting and the penalty. Revise section 438. | |
| Q5 | 20 | From the Business Law paper set under the previous syllabus. A company that has never held a meeting and whose only d... | |
| Q6 | 6 | Advising a person or company transferring US dollars to Nigeria. Revise the reporting rule, the contents of the repor... |
Section A: A will is ambulatory, persons granted letters are administrators, and intermeddling. Revise wills and personal representatives.
Offer and acceptance in insurance: the proposal form, its completion, the premium, and an agent completing the form. Revise formation.
Offer and counter-offer, and the Kehinde and Comfort problem (6 marks). Revise offer, counter-offer, termination and worked problem 1.
Conditions for the admissibility of computer and electronic evidence. Revise section 84 and worked problem 3.
State four persons not qualified to be directors. Revise the disqualification list.
Ways in which a contract of employment may be formed. Revise the form of the contract.
Probation period and interdiction in a letter of appointment, and termination of the two accountants’ contracts. Revise worked problems 1 and 2.
Who is a holder of a bill of exchange, and two of his rights. Revise the holder.
Bearer and order cheques, and how rights are transferred. Revise the types of cheque and worked problem 1.
Rights of a buyer. Revise the five rights of a buyer.
Meaning of negligence and its three elements. Revise negligence.
State and explain the acts of a clerk that amount to fraudulent false accounting and the penalty. Revise section 438.
Three conditions for agency of necessity, and the types of agency created when James tells Tony to collect rent and later accepts rents collected without authority. Revise the creation of agency and worked problem 1.
Tests of insolvency of a company, insolvency versus bankruptcy, and the consequences. Revise the tests and the types.
From the Business Law paper set under the previous syllabus. A company that has never held a meeting and whose only director also acts as secretary. It tests who must act for the company and the powers of members.
From the Business Law paper set under the previous syllabus. A company that has not held any meeting since incorporation. Revise the statutory meeting, the AGM and the worked problem.
Teletee Plc with a journalist as sole director and secretary, and four categories of persons qualified to be secretary. Revise qualifications and worked problem 2.
Who may petition the court for the winding up of TELETEE Plc on insolvency. Revise the petitioners and worked problem 1.
Advising a person or company transferring US dollars to Nigeria. Revise the reporting rule, the contents of the report and the time limit, and worked problems 1 and 2.
Chief Jack died without a will: how his movable and immovable properties are administered, and who administers them if he had a will. Revise worked problem 2.
Three certainties of a trust, and Esero’s trust over his housing estate. Revise the certainties, the Statute of Frauds and worked problem 2.