Question Tag: Nigerian Law

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BL – May 2012 – L1 – SB – Q3A – Sources of Nigerian Law

List the sources of Nigerian law.

Nigerian law is rich both in respect to source and contents. You are required to list any FIVE sources of Nigerian Law.

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BL – May 2012 – L1 – SA – Q1 – Sources of Nigerian Law

Identify the official name of a law passed by the National Assembly and signed by the President.

State the official name of a law which is made by the National Assembly and signed by the President.

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BL – Nov 2011 – L1 – SA – Q13 – Nigerian Legal System

Understanding the type of legal system on which the Nigerian Constitution is based.

The Nigerian Constitution is based on the type of legal system that is called ……………………………….

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BL – Nov 2011 – L1 – SA – Q12 – Sources of Nigerian Law

Identify the item that is not a foreign source of Nigerian law.

All of the following are foreign sources of Nigerian law EXCEPT:
A. Customary Law
B. International Law
C. Statutes of General Application
D. Common Law
E. Principles of Equity

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BL – May 2013 – L1 – SB – Q6C – Law of Trusts

Explain the reporting duty of a bank and stockbroker in cross-border transfers involving Dr. Aminu.

Dr. Aminu recently transferred the sum of US$11,000 to his account in Business Bank Plc, Lagos, from his bank in the United States. He also informed his stockbroker of his intention to transfer his shares in some Nigerian companies listed on the New York Stock Exchange to his C.S.C.S. account with the stockbroker in Nigeria. The shares are valued at US$20,000.

You are required to:

Explain the reporting duty of Business Bank Plc and the stockbroker.

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BL – May 2013 – L1 – SA – Q1 – Sources of Nigerian Law

This question asks for the cut-off date for statutes of general application in Nigeria.

The cut-off date for Statutes of General Application is ___________.

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BL – May 2013 – L1 – SA – Q18 – Partnership Law

This question tests the factors leading to the dissolution of a partnership.

Which of the following does NOT lead to dissolution of a partnership?

A. Bankruptcy of a partner
B. Death of a partner
C. A partner causing his shares of the partnership to be charged for his separate debt
D. Unlimited duration
E. The happening of any event which makes the business of the firm to be unlawful

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BL – May 2013 – L1 – SA – Q1 – Sources of Nigerian Law

This question tests the knowledge of the sources of Nigerian law.

Which of the following is a source of Nigerian law?

A. Resolution of the National Assembly
B. Pronouncement of the Governor of a State
C. Judicial Precedent
D. The recommendation of a Panel set up by the Federal Government
E. Opinion of the Senate President

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BL – Nov 2015 – L2 – SB – Q4c – Business Ethics and Corporate Governance

List three items that may constitute fraudulent false accounting under Nigerian laws.

statement prepared by him and should not engage in any fraudulent false accounting.

Required:

Enumerate THREE items that may constitute fraudulent false accounting under Nigerian laws.
(6 Marks)

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BL – May 2014 – L1 – SA – Q1 – Sources of Nigerian Law

Identifying the name of laws made by the National Assembly.

Laws made by the National Assembly are known as ____________.

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BL – May 2012 – L1 – SB – Q3A – Sources of Nigerian Law

List the sources of Nigerian law.

Nigerian law is rich both in respect to source and contents. You are required to list any FIVE sources of Nigerian Law.

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BL – May 2012 – L1 – SA – Q1 – Sources of Nigerian Law

Identify the official name of a law passed by the National Assembly and signed by the President.

State the official name of a law which is made by the National Assembly and signed by the President.

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BL – Nov 2011 – L1 – SA – Q13 – Nigerian Legal System

Understanding the type of legal system on which the Nigerian Constitution is based.

The Nigerian Constitution is based on the type of legal system that is called ……………………………….

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BL – Nov 2011 – L1 – SA – Q12 – Sources of Nigerian Law

Identify the item that is not a foreign source of Nigerian law.

All of the following are foreign sources of Nigerian law EXCEPT:
A. Customary Law
B. International Law
C. Statutes of General Application
D. Common Law
E. Principles of Equity

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BL – May 2013 – L1 – SB – Q6C – Law of Trusts

Explain the reporting duty of a bank and stockbroker in cross-border transfers involving Dr. Aminu.

Dr. Aminu recently transferred the sum of US$11,000 to his account in Business Bank Plc, Lagos, from his bank in the United States. He also informed his stockbroker of his intention to transfer his shares in some Nigerian companies listed on the New York Stock Exchange to his C.S.C.S. account with the stockbroker in Nigeria. The shares are valued at US$20,000.

You are required to:

Explain the reporting duty of Business Bank Plc and the stockbroker.

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BL – May 2013 – L1 – SA – Q1 – Sources of Nigerian Law

This question asks for the cut-off date for statutes of general application in Nigeria.

The cut-off date for Statutes of General Application is ___________.

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BL – May 2013 – L1 – SA – Q18 – Partnership Law

This question tests the factors leading to the dissolution of a partnership.

Which of the following does NOT lead to dissolution of a partnership?

A. Bankruptcy of a partner
B. Death of a partner
C. A partner causing his shares of the partnership to be charged for his separate debt
D. Unlimited duration
E. The happening of any event which makes the business of the firm to be unlawful

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BL – May 2013 – L1 – SA – Q1 – Sources of Nigerian Law

This question tests the knowledge of the sources of Nigerian law.

Which of the following is a source of Nigerian law?

A. Resolution of the National Assembly
B. Pronouncement of the Governor of a State
C. Judicial Precedent
D. The recommendation of a Panel set up by the Federal Government
E. Opinion of the Senate President

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BL – Nov 2015 – L2 – SB – Q4c – Business Ethics and Corporate Governance

List three items that may constitute fraudulent false accounting under Nigerian laws.

statement prepared by him and should not engage in any fraudulent false accounting.

Required:

Enumerate THREE items that may constitute fraudulent false accounting under Nigerian laws.
(6 Marks)

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