Question Tag: Legal Principles

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BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

4. A situation in which the court would disregard the distinction between the personalities of a company and its members is
A. Subrogation
B. Alienation
C. Lifting the veil of incorporation
D. Disregarding the law
E. The rule in Foss vs. Habbotle

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BL – May 2013 – L1 – SA – Q2 – Sources of Nigerian Law

This question tests knowledge of the principle on which judicial decisions are based.

The principle of law on which a judicial decision is based is known as ___________.

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BL – Nov 2013 – L1 – SA – Q2 – Agency Law

Identifies what equity imputes an intention to fulfill.

Equity imputes an intention to fulfill an _____________________.

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BL – May 2023 – L1 – SB – Q6B – Law of Tort

Explain the common rules applicable to tort liability.

Tort may be classified into different categories and classes. Required: Explain briefly THREE common rules applicable to tort liability.

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BL – May 2023 – L1 – SB – Q5C – Contract Law

Advise Mr. Agbons on his rights regarding the sale of his pledged tricycle.

Mr. Agbons pledged his tricycle to secure a loan of N200,000 from Chief Osas, a moneylender. Mr. Agbons promised to repay the loan on December 31 and recover his tricycle from Chief Osas. However, Chief Osas sold the tricycle on December 28 when he learned that Mr. Agbons had relocated to his village to be a farmer and might not return again. On the morning of December 31, Mr. Agbons came to meet Chief Osas to repay the N200,000, only to learn that the tricycle had been sold by Chief Osas. Mr. Agbons is aggrieved and intends to sue Chief Osas for the replacement of his tricycle.

Required:
Advise Mr. Agbons, stating the legal principle involved.

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BL – May 2023 – L1 – SB – Q5B – Contract Law

Identify circumstances under which a hire purchase contract may be terminated.

Hire purchase contract may be terminated under certain circumstances.

Required:
State FOUR circumstances under which a hire purchase contract may be terminated.

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BL – May 2023 – L1 – SB – Q4C – Law of Tort

Explain the concept of negligence and its essential elements under tort law.

Tort is a breach of personal duties, which gives rise to civil proceedings. Required:

i. Explain “Negligence” briefly. (2 Marks)
ii. State TWO essential elements of negligence. (2 Marks)

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BL – May 2023 – L1 – SB – Q4B – Contract Law

Identify and explain the essential elements that constitute a valid contract.

Under the law of contract, invalid contracts are unenforceable.

Required:
i. State FOUR essential elements of a valid contract. (4 Marks)
ii. State FOUR rules guiding consideration in a contract. (4 Marks)

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BL – May 2023 – L1 – SB – Q3B – Law of Tort

Explain the concepts of deceit and passing off in business transactions.

Fraudulent acts in business may be classified under economic tort.

Required:
i. Explain briefly the following in business transactions:

  • Deceit (2 Marks)
  • Passing Off (2 Marks)

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BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

Tatafo insured his 2-storey house with an insurance company against fire and burglary incidents. A question in the proposal form required the insured to state any peculiar or special environmental information on the location of the house, to which Tatafo wrote “None.” The house was recently destroyed by fire, which started from a nearby petrol station. Tatafo filed for claims from the insurance company, but the insurance company refused to pay upon discovering that the house was built behind the petrol station, which Tatafo failed to disclose on the insurance proposal form. Tatafo is aggrieved and intends to sue the insurance company.

Required:
Advise Tatafo, stating the legal issues involved.

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BL – Nov 2020 – L1 – SA – Q4 – Company Law

Objective question testing knowledge on instances where a court may disregard corporate personality.

4. A situation in which the court would disregard the distinction between the personalities of a company and its members is
A. Subrogation
B. Alienation
C. Lifting the veil of incorporation
D. Disregarding the law
E. The rule in Foss vs. Habbotle

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BL – May 2013 – L1 – SA – Q2 – Sources of Nigerian Law

This question tests knowledge of the principle on which judicial decisions are based.

The principle of law on which a judicial decision is based is known as ___________.

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BL – Nov 2013 – L1 – SA – Q2 – Agency Law

Identifies what equity imputes an intention to fulfill.

Equity imputes an intention to fulfill an _____________________.

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BL – May 2023 – L1 – SB – Q6B – Law of Tort

Explain the common rules applicable to tort liability.

Tort may be classified into different categories and classes. Required: Explain briefly THREE common rules applicable to tort liability.

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BL – May 2023 – L1 – SB – Q5C – Contract Law

Advise Mr. Agbons on his rights regarding the sale of his pledged tricycle.

Mr. Agbons pledged his tricycle to secure a loan of N200,000 from Chief Osas, a moneylender. Mr. Agbons promised to repay the loan on December 31 and recover his tricycle from Chief Osas. However, Chief Osas sold the tricycle on December 28 when he learned that Mr. Agbons had relocated to his village to be a farmer and might not return again. On the morning of December 31, Mr. Agbons came to meet Chief Osas to repay the N200,000, only to learn that the tricycle had been sold by Chief Osas. Mr. Agbons is aggrieved and intends to sue Chief Osas for the replacement of his tricycle.

Required:
Advise Mr. Agbons, stating the legal principle involved.

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BL – May 2023 – L1 – SB – Q5B – Contract Law

Identify circumstances under which a hire purchase contract may be terminated.

Hire purchase contract may be terminated under certain circumstances.

Required:
State FOUR circumstances under which a hire purchase contract may be terminated.

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BL – May 2023 – L1 – SB – Q4C – Law of Tort

Explain the concept of negligence and its essential elements under tort law.

Tort is a breach of personal duties, which gives rise to civil proceedings. Required:

i. Explain “Negligence” briefly. (2 Marks)
ii. State TWO essential elements of negligence. (2 Marks)

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BL – May 2023 – L1 – SB – Q4B – Contract Law

Identify and explain the essential elements that constitute a valid contract.

Under the law of contract, invalid contracts are unenforceable.

Required:
i. State FOUR essential elements of a valid contract. (4 Marks)
ii. State FOUR rules guiding consideration in a contract. (4 Marks)

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BL – May 2023 – L1 – SB – Q3B – Law of Tort

Explain the concepts of deceit and passing off in business transactions.

Fraudulent acts in business may be classified under economic tort.

Required:
i. Explain briefly the following in business transactions:

  • Deceit (2 Marks)
  • Passing Off (2 Marks)

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BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

Tatafo insured his 2-storey house with an insurance company against fire and burglary incidents. A question in the proposal form required the insured to state any peculiar or special environmental information on the location of the house, to which Tatafo wrote “None.” The house was recently destroyed by fire, which started from a nearby petrol station. Tatafo filed for claims from the insurance company, but the insurance company refused to pay upon discovering that the house was built behind the petrol station, which Tatafo failed to disclose on the insurance proposal form. Tatafo is aggrieved and intends to sue the insurance company.

Required:
Advise Tatafo, stating the legal issues involved.

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