Question Tag: Legal Principles

Search 500 + past questions and counting.
  • Filter by Professional Bodies

  • Filter by Subject

  • Filter by Series

  • Filter by Topics

  • Filter by Levels

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

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – Nov 2020 – L1 – SA – Q4 – Company Law"

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 ___________.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2013 – L1 – SA – Q2 – Sources of Nigerian Law"

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

Identifies what equity imputes an intention to fulfill.

Equity imputes an intention to fulfill an _____________________.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – Nov 2013 – L1 – SA – Q2 – Agency Law"

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.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q6B – Law of Tort"

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.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q5C – Contract Law"

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.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q5B – Contract Law"

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)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q4C – Law of Tort"

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)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q4B – Contract Law"

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)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q3B – Law of Tort"

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.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System"

BL – May 2023 – L1 – SB – Q2D – Negotiable Instruments

Explain special crossing on a cheque and identify narrations on a specially crossed cheque.

A cheque may be crossed in different ways. Required:

i. Explain briefly “special crossing” on a cheque. (2 Marks)

ii. State TWO narrations that may be placed on such a crossed cheque. (2 Marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q2D – Negotiable Instruments"

BL – May 2023 – L1 – SA – Q16 – Business Ethics

Identify the correct feature associated with ethics.

Which of the following is a feature of ethics?

A. It is punitive
B. It is repulsive
C. It is assertive
D. It is coercive
E. It is persuasive

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2023 – L1 – SA – Q16 – Business Ethics"

BL – MarJul 2020 – L1 – SA – Q10 – Law of Contract

Question on the rule of privity of contract and its implications for third-party beneficiaries.

The rule which states that a person who is not a party to a contract cannot benefit therefrom or suffer under it is referred to as
A. Certainty of contract
B. Privilege of contract
C. Discharge of contract
D. Privity of contract
E. Legality of contract

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – MarJul 2020 – L1 – SA – Q10 – Law of Contract"

BL – May 2016 – L1 – SB – Q4c – Law of Trusts

Briefly explain two types of equitable remedies available in business law.

Equity develops from the harshness of common law.

Required:

Explain briefly TWO equitable remedies.

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BL – May 2016 – L1 – SB – Q4c – Law of Trusts"

BCL – May 2017 – L1 – Q1a – Sources of Law

Define the components of the common law as a source of law in Ghana.

The common law is one of the sources of law of Ghana under the 1992 constitution of the Republic of Ghana.

Required: State the components of the common law.

(5 marks)

 

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BCL – May 2017 – L1 – Q1a – Sources of Law"

BCL – May 2016 – L1 – Q3b – Contract Law

Explain five rules that relate to consideration in the Law of Contract.

Explain FIVE rules that relate to consideration in the Law of Contract. (10 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BCL – May 2016 – L1 – Q3b – Contract Law"

BCL – May 2020 – L2 – Q1a – Sources of Law

Identify four maxims of equity.

Equity is a term which applies to a specific set of legal principles which were developed to supplement the common law and to ensure fairness in the adjudication of matters.

Required:
Identify FOUR (4) maxims of equity.
(4 marks)

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "BCL – May 2020 – L2 – Q1a – Sources of Law"

Oops!

This feature is only available in selected plans.

Click on the login button below to login if you’re already subscribed to a plan or click on the upgrade button below to upgrade your current plan.

If you’re not subscribed to a plan, click on the button below to choose a plan