Exam2022Proposed solution included

LAW 342 Commercial Law II Exam 2022

LAW 342: Second Semester Examination, 11 June 2022, Lecturers Prof. Sama-Lang \& Dr. Scott, University of Buea, Faculty of Laws and Political Science: a water-damaged rice delivery, the distinction between sale of goods and loan on security together with romalpa (retention of title) clauses, a stolen-wine scenario testing mistake and warranted existence, the meaning of 'in the course of business' and risk/property passing on a wine delivery destroyed in transit, the transfer of property by non-title holders, and an unpaid seller's remedies on a buyer's insolvency.

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University of Buea

Faculty of Law and Political Science - FLPS

LAW3422022

Commercial Law II

Exam · Second Semester · Level 300

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a.
Distinguish between sale of goods and loan on security (15marks) B. To what extent does the insertion of a romalpa clause retain property in the goods sold? (20marks)
a.
David owns 20 bottles of vintage wine which he intends to sell to Mike. At the time when the contract is being concluded without the parties’ knowledge, the bottles of wine were stolen. Advice the parties. (25marks) b) Would your answer be different if the goods never existed but David warranted their existence? (10marks)