CAT 1.

Explain the difference between terms implied by the Sale of Goods Act into contracts for the sale of Goods and the Terms implied by the Hire Purchase Act into contracts for Hire purchase (3 Marks) 2. Explain nine situations in which a seller who is not the owner of the goods may pass a good title to the buyer (3 Marks) 3. Explain six Cprinciples of insurance law. (3 Mraks) 4. Hesabu, a senior politician left two signed blank cheques with Mrembo, a girlfriend so as to illustrate the bottomless ocean that is their love. The agreement was that Mrembo would not overdraw beyond 1 million on each cheque. Both were crossed not negotiable. On the first cheque, she indicated an amount of 6 million which she presented to the bank and was paid. On the second one, she indicate 3 million, but as she slept, it was stolen by Mwerevu her sister, who forged her signature, endorsed it to herself and cashed the cheque. Hesabu is fuming with fury on establishing the truth. He is threatening to sue his bank. With extensive reference to case law, advise on liability of Hesabus bank, Mwerevu, Mrembo and also Hesabu. (3 Marks) 5. Kinyago, a small scale farmer agreed to take a television set and a radio from Malipo Rahisi Ltd., a hire purchase firm last year. The hire purchase price for both items was Sh. 90,000. He paid a deposit of Sh. 30,000 and the balance was payable by monthly instalments of Sh. 5,000. After paying instalments for seven months, he defaulted. Malipo Rahisi ltd. Promptly repossessed the goods. Discuss the legal position. -------------------------------------------------------------------------------------------------------------------CAT 1. Explain the difference between terms implied by the Sale of Goods Act into contracts for the sale of Goods and the Terms implied by the Hire Purchase Act into contracts for Hire purchase (3 Marks) 2. Explain nine situations in which a seller who is not the owner of the goods may pass a good title to the buyer (3 Marks) 3. Explain six principles of insurance law. (3 Mraks) 4. Hesabu, a senior politician left two signed blank cheques with Mrembo, a girlfriend so as to illustrate the bottomless ocean that is their love. The agreement was that Mrembo would not overdraw beyond 1 million on each cheque. Both were crossed not negotiable. On the first cheque, she indicated an amount of 6 million which she presented to the bank and was paid. On the second one, she indicate 3 million, but as she slept, it was stolen by Mwerevu her sister, who forged her signature, endorsed it to herself and cashed the cheque. Hesabu is fuming with fury on establishing the truth. He is threatening to sue his bank. With extensive reference to case law, advise on liability of Hesabus bank, Mwerevu, Mrembo and also Hesabu. (3 Marks) 5. Kinyago, a small scale farmer agreed to take a television set and a radio from Malipo Rahisi Ltd., a hire purchase firm last year. The hire purchase price for both items was Sh. 90,000. He paid a deposit of Sh. 30,000 and the balance was payable by monthly instalments of Sh. 5,000. After paying instalments for seven months, he defaulted. Malipo Rahisi ltd. Promptly repossessed the goods. Discuss the legal position.