COT 304 Legal Aspects Relating to Business Exam 2016
About this paper
COT 304: Examination paper (July 2016) on Legal Aspects Relating to Business covering contract remedies (damages, specific performance), elements of a valid contract, Cameroonian taxation law (hybrid tax system, PIT/VAT/Company tax rates, a worked VAT-on-value-added computation), property law (pledge vs mortgage, ownership vs possession) and company law (companies limited by shares vs guarantee, Articles of Association, the ultra vires doctrine, and conditions for company formation). Lecturer Nyengche T. Musibe, University of Buea, College of Technology.
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University of Buea
College of Technology - COT
Legal Aspects Relating to Business
Exam · Second Semester · Level 300
From this paper
There are two types of remedies opened to an injured party for a breach of contract namely, damages and specific performance. a) Describe five types of damages in a contracts (10mks) b) List three (3) requirements for specific performance (3mks) c) What are the elements of a valid contract? (7mks)
- a.
How does a pledge differ from a mortgage? (4mks) b) Explain the meaning of “OWNERSHIP” and “POSSESSION” as used in property Law (6mks)
At a glance
- Course code
- COT304 (COT 304)
- Type
- Exam
- Year
- 2016
- Level
- Level 300
- Semester
- Second Semester
- Proposed solution
- Included
Where it's from
University
University of BueaFaculty
College of Technology - COT
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