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December 2021

Unit: Introduction to Law and Governance

22 Questions

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Questions

1a
Nature, Purpose and Classification of Law
​​Describe two advantages that unwritten law has over written law.
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1b
Nature, Purpose and Classification of Law
​​Identify five factors that are likely to undermine the rule of law..
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1c
Administrative Law
​​Explain six grounds for judicial review.
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1d
Administrative Law
​​Highlight five purposes of the writ of habeas corpus.
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2a
The Court System
​​Describe the jurisdiction and composition of

(i) The International Court of Justice.

(ii) The Supreme Court.

(iii) Court of Appeal.
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2b
Alternative Dispute Resolutions (ADR)
​​Explain three key alternative dispute resolution mechanisms
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2c
Alternative Dispute Resolutions (ADR)
​​(i) Describe the term "Dispute Review Board".

(ii) Highlight three advantages of Dispute Review Boards.
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3a
Law of Persons
​​With reference to the law of persons:

(i) Outline three objectives of co-operative societies.

(ii) Identify seven documents that should be attached and submitted together with the application for registration of a co-operative society.
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3b
Law of Contract
​​ In the context of the law of contract:

(i) Highlight four instances when past consideration will be sufficient to support a contractual claim.

(ii) Provide six examples of contracts that are illegal at common law
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4a
Introduction to corporate governance
​​In relation to corporate governance:

(i) Define the term "legal audit".

(ii) Discuss four purposes of legal audit.
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4b
Professional Ethics
​​(i) Summarise five ethical standards required from a professional accountant.

(ii) Describe five acts of professional misconduct on the part of an accountant.
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5a
Negotiable Instruments
​​ Define:

(i) A negotiable instrument.

(ii) A protest instrument.

(iii) Highlight six essential characteristics of negotiable instruments.
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5b
Agency
​​Summarise five conditions necessary for ratification of an agency
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5c
Agency
​​Outline five ways through which an agency might be created.
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6a
Sale of Goods
​​With specific reference to international contracts of sale, provide the full name of the following abbreviations:

(i) FAS.

(ii) FOB

(iii) CIF

(iv) FCA

(v) CPT.

(vi) CIP.
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6b
Indemnity and Guarantees
​​Outline four advantages of letters of credit.
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6c
Partnership
​​In determining the name of a partnership for a newly formed business, identify six types of endings that a partnership could choose to add at the end of their preferred name.
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6d
Partnership
​​Explain two types of partnerships.
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7a
Indemnity and Guarantees
​​Identify the four parties in creation of a letter of credit and their roles.
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7b
Insurance
​​Enumerate four documents that might be required to accompany an application to amalgamate or transfer an insurance business.
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7c
Insurance
​​Identify six types of information to be provided for a life insurance cover.
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7d
Indemnity and Guarantees
​​Define the following types of guarantees:

(i) Tender guarantees.

(ii) Performance guarantees.

(iii) Warranty guarantees
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