Corporate and Business Law · 2023

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

Illegal contracts and their effects (4 marks). Revise the note on illegality.

From the Business Law paper set under the previous syllabus. Part (a) asks for fundamental human rights under the Constitution. Revise the list in the Constitution section.

Six reports in a public company’s financial statements, and six contents of the directors’ annual financial report. Revise the financial statements table.

Special crossing and two narrations that may be placed on such a cheque. Revise special crossing.

Tatafo and the petrol station, and Abokhasomi who did not disclose his health problems. Revise worked problems 1 and 3.

Deceit and passing off in business, and the Magomago and Biz brand dispute. Revise the economic torts and worked problem 4.

Three, four and six types of agent. Revise the classes of agent.

Four persons who may petition for the winding up of a public company. Revise the section 573 list.

Four steps for removal of the auditors of a public company, and who appoints the first auditors. Revise removal and appointment.

Four essential elements of a valid contract. Revise the five elements.

Four rules that govern consideration. Revise the six rules of consideration.

Meaning of negligence and its three elements. Revise negligence.

Five and four ways of terminating a hire purchase agreement (Kabir and the bus). Revise termination and worked problem 2.

Penalties for laundering drug money by an individual and by a corporate body. Revise offences and jurisdiction.

From the Business Law paper set under the previous syllabus. Part (a) asks how an email is authenticated as evidence in an electronic fraud case. The detail is in the criminal law chapter.

Four ways to authenticate an email message as evidence. Revise the email section.

Four categories of tort, four that affect economic interests, and three common rules of tort liability. Revise classification.

Two disputes that can and two that cannot be referred to arbitration. Revise the table of arbitrable disputes.

Two situations needing letters of administration, and six persons who may apply in order of priority. Revise intestacy and letters.

From the Business Law paper set under the previous syllabus. Part (a) asks for sources of Nigerian law and equitable remedies available to a claimant. Revise the sources and the table of remedies.

From the Business Law paper set under the previous syllabus. Includes parts on private and public companies. Revise the comparison table.

From the Business Law paper set under the previous syllabus. Includes parts on companies and their separate legal personality. Revise the consequences of incorporation.

From the Business Law paper set under the previous syllabus. Part (c)(ii) asks for four attributes of a small company (4 marks). Revise the attributes of a small company.

Three exceptions to the rule of privity (6 marks), and a distributor who resold above the agreed price. Revise privity and worked problem 3.

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

Two of negligence, remoteness of damage and causation. Revise damage, causation and remoteness.

When ownership passes where no intention appears, and property versus possession. Revise passing of property.

Rights of a buyer. Revise the five rights of a buyer.

The hirer’s duty to pay instalments after default and repossession, and five elements of a hire purchase agreement. Revise duties and elements.

Explain contract of employment, and state grounds of dismissal and duties of an employee. Revise meaning, duties and dismissal.

Tatafo and the petrol station, and Abokhasomi who did not disclose his health problems. Revise worked problems 1 and 3.

Five specialised banks in Nigeria. Revise the types of bank.

Four categories of persons who may petition the court to wind up a company. Revise the section 573 list.

Four qualifications of a person who may be secretary of a public company. Revise the list.

Forgery (3 marks), false pretences (3 marks) and two immaterial factors (2 marks). Revise false pretences and forgery.

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.

Two insolvency practitioners and three qualifications of an insolvency practitioner. Revise the practitioners section.

Umoru’s trust: Godwin declines and Tohib wants to delegate to Murphy. Revise duties of trustees and worked problem 3.

Five persons disqualified from being company auditor. Revise the seven disqualifications.

Explain two of click-through, shrink-wrap and browse-wrap. Revise the table of types.

Types of e-commerce contract. Covered in the topic on e-contracts. Start here with e-commerce and the law.