CLL332 Tma Solutions

CLL332

Question: Three friends sought to execute a hire purchase arrangement. Mr O is the owner of the tricyle; Mr D is in dealership arrangement with Mr O; and Mr H is interested in acquiring the tricyle. Who should make offer as between the friends?
Answer: Mr H as the hirer

Question: The punishment for a person who engages in the business of an auctioneer without a license is
Answer: a fine

Question: The Nigerian court took time to identify, explicate and marshall out the distinctive markers of every agency relationship in
Answer: Bamboye v University of Morin & Ors (1991) 8 NWLR 129

Question: One of the following is not a requirement for one to be enrolled in the register of the Supreme Court of Nigeria as a Solicitor and Barrister in Nigeria:
Answer: [B] He produces a qualifying certificate

Question: Prof DoSomething works with the NOUN. He acquired on hire purchase the latest Toyota Fortuner to mark the wifeVs 40th birthday. One week after the birthday bash the vehicle could not be delivered. What are his options?
Answer: He could sue for specific performance

Question: The fundamental principle of agency has been succinctly captured in the Latin maxim, qui facit per alium, facit per se, which means
Answer: She who acts through another does the act herself

Question: The tests of custom in the province of agency are but one
Answer: knowledge

Question: An agent who displays wanton power and thereby acts ultra vires his acutal authority may be liable to third parties for breach of
Answer: implied authority

Question: Mr Goodhead the Managing Director of Peoples Choice Limited. One day, Chinese investors visited him. They asked him to sign an MOU for representative arrangement. He needed to get the resolution of the board to do so. Nevertheless, he proceeded and signet agreement. At the next board meeting he sought the ratification of the board to th ; and other actions taken by him. This is a typical example of
Answer: Qualified consent theory of agency

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