“Payment of a lesser sum of the day is satisfaction of a large sum is not sufficient consideration for the creditor‟s promise to accept such payment in full settlement of the debt.” Discuss

• This is one of the rules of consideration. Payment of a lesser sum by the debtor does not extinguish the debt as he has provided no consideration for the creditors promise. • This is the rule in Pinnels case (1602) as enunciated by Brian C. J. This rule was upheld in Foakes V. Beer

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How are arbitrators appointed

(Arbitrators or arbitral tribunals may be appointed by: • Parties to the dispute • Third party or body as agreed upon by the parties, for example law society of Kenya. • High court in the circumstances set forth in section 12 of the Arbitration Act. – Where the parties have failed to agree as to

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Write briefly on: Court Martial

Establishment: it is established by section 85 (1) of the Armed Forces Act as a subordinate court. Composition: the court consists of a presiding officer who sits with not less that two other persons or not less than four others if an officer is being tried or where the maximum penalty for the offense is

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“Both parliament and courts of law have in various ways attempted to control delegated legislation however, neither organ can effectively do so by reason of inherent and operational weaknesses” Discuss”

This statement is a correct observation of the prevailing circumstances. This is because in the first instance parliamentary safeguards or mechanisms are ineffective. • Parliament delegates legislative power to specific persons or bodies, for example governments, ministers, professional bodies, local authorities and statutory bodies. • Parliament prescribes the scope and procedure of law making. The

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What is a lien? Explain the various types of lien

• Alien is a right conferred upon a person by trade usage or custom or by the law in certain circumstances, as a security for the fulfillment of an obligation owed by another or others. A lien may be possessory, equitable or maritime. o Possessory lien: this is the right of person in possession of

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Discuss the consequences of incorporation

• Limited liability: members are as a general rule not liable to make good the debts of corporation. In registered companies, members can only be called upon to contribute the amount unpaid on their share or the amount they undertook to contribute. • Perpetual succession: a corporation is a creation of law. It has no

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K. Kemei want to buy a new car for G. N Motors Ltd. He selected a new and nice looking car and was informed by G. N. Motors Ltd that the car was new and free from any defects K. Kemei signed a sale agreement with the motor company which partly read “…..no condition or warranty that the vehicle is road worthy or as to its age orfitness for any purpose is given or implied by the seller. Goods once sold cannot be returne.”When the car was delivered to K. Kemei after paying for it, he discovered to his surprise that it was a second hand car of the same make as the car he had selected but with several major mechanical defects.G. N Motors Ltd. insists that he sale was validly concluded and that they cannot be liable to K. Kemei under any circumstances. Advise Kemei

• This problem is based on the enforcement of exemption clauses with specific reference to fundamental breach or obligation theory, which is to the effect that an exemption clause will not generally be given effect is doing so amounts to a fundamental breach or enables the stronger party evade the fundamental obligation of the contract.

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