Law Answers

a)    Explain the meaning of goods under the Sale of Goods Act 1957. Do you agree with the definition? What is the difference between condition and warranty as regard to terms of contract of sale of goods?

b)   Explain the meaning of maxim nemo dat quod non habet under contract o sale of goods. Discuss the exceptions of this maxim.

a)    A contract of agency can be expressed or implied from certain circumstances and conduct of parties. Explain agency by implied appointment and agency by necessity. Provide examples to support your explanation.

b)   Binda engaged Natrah to burn Samuel’s car and agreed to indemnify Natrah against all consequences of the act. Acting upon this agreement, Natrah burnt Samuel’s car. Samuel successfully sued Natrah for damages amounting to RM30,000 which Natrah promptly paid. Natrah wants to recover from Binda the RM30,000 and her legal expenses incurred when defending the suit.

Advise Natrah based on law of agency that you have learnt.

a)    Impossibility of performance of a contract covers two situations that are impossibility at the time of a contract is made and impossibility after it has been made. Discuss what is impossibility after the contract is made and circumstances under which a contract may be discharged by supervening impossibility.

b)   In cases of breach of contract, the innocent party may claim remedies from the other party. Explain in detail the remedies available for the innocent party according to the Contracts Act 1950.

a)    The effect of the voidable contract is that the innocent party may choose either to continue or terminate the contract once he knows that the contract is affected by certain factors. Explain in detail TWO of the factors.

In contrast to (a) above, there is no rights and liabilities arises from void contract. Discuss what is void contract and types of void contract

Several elements must be fulfilled in order to constitute a valid contract. Discuss these elements. Support your answer with examples and relevant provisions from the Contracts Act 1950. 

a)Illustrate and elaborate the main components of infrastructure of E-commerce Framework Model, according to Turban’s et.al., (2008).  

b)Discuss the main pillars of Electronic Commerce Applications and Support Services that are stated in E-commerce Framework Model with appropriate examples.            

Turban et.al., (2008) has argued that organisations need to react quickly to the business pressures if they are to succeed. They must be ready with critical responses to these threats and opportunities. A critical response can be a reaction to a pressure already in existence, an initiative intended to defend an organisation against future pressures, or an activity that exploits an opportunity created by changing conditions.

Based on the above statement, elaborate the major critical responses to the business management, by using appropriate examples.                                         

The Banks and Specialised Deposit Taking Institution Act, 2016 (Act 930) affords the Regulator the opportunity to check the excesses that may be associated with banking and specialised deposit taking institutions that are granted banking licence. 

1.  Examine 6 regulatory and supervisory role the Bank of Ghana plays in ensuring that there is sanity in the financial sector of Ghana.

2.  Discuss 6 reasons why banks fail in Ghana and proffer solutions to redeem the banking sector from these 6 cancerous roots in your opinion.

Where should a description of a legal problem be provided on