(a) Enumerate FOUR legal effects of crossing a cheque on the rights and obligations of the banker and customer.
(b) Lax Developers Ltd. is selling units in a high-rise building before registration of the sectional plan and before the management company has been properly constituted.
Advise prospective purchasers on THREE legal safeguards that should be observed under Kenyan property law.
(c) A director of Billow Foods Ltd. has a financial interest in a company being considered as a major supplier.
Explain FOUR corporate governance measures that should be applied to manage the conflict of interest before the supply contract is approved.
(d) A firm of accountants intends to use social media advertisements promising "guaranteed tax refunds" and comparing its services with named competitors.
Assess THREE ethical safeguards that the firm should apply to ensure that its publicity complies with professional ethics.
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