Reference no: EM132887073

Answer the following assignment questions

1.Sometimes a seller may not be paid for the good delivered and therefore he may exercise right of resale under certain circumstances. In relation to the above statement highlight various circumstances under which the unpaid seller might exercise the right to resale.

2.Transfer of property is governed by various rules. Summaries the four rules governing transfer of property.

3. In relation to the contract of sale, describe the duties of a seller under cost, insurance and freight contract.

4.Discuss the doctrine of caveat emptor as it is used in the context of the law governing salle of goods.

5. Right of stoppage in transit may be exercised through various ways, Explain various ways in which the seller's right of stoppage in transit might be exercised.

6.An agent will usually act within the authority but if the relationship with the principle is well established he may occasionally act outside the authority if he feels the principle will subsequently ratify the agent's action. Discuss the effects of subsequent.

7.An agent cannot be allowed to delegate his authority however some circumstances may lead to delegation of the authority. Highlight such circumstances.

8. Explain four conditions which are implied in every contract covered by the sale of good act.

9.One of the remedy of the unpaid seller is the right of lien. Analyze two circumstances under which right of lien might be terminated.

10. Any person who has been appointed to represent another in dealings with parties is an agent .There are however persons who regularly act for others in business transactions as professional agents. Discuss four examples of professional agents