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QUESTION 1
Explain the following words-
1. Promissory condition
2. Contingent condition
3. Condition precedent
4. Concurrent conditions
5. Conditions subsequent
QUESTION 2
(i) Explain the term "Res Perit Domino"
(ii) In accordance with the Mauritian Civil Code state when property, risk and title pass in contract
QUESTION 3
(a) What is an exemption clause?
(b) State three types of exemption clauses
(c) Distinguish exemption clauses from other similar clauses
(d) What are the general rules of construction in respect of exemption clauses
QUESTION 4
A. What are the ways in which a contract may be terminated?
B. Elaborate on two of them
Payee - Negotiable Instruments Some the payee like: (i) Section 7(1) gives such where a bill is not payable for the bearer, such the payee must be named otherwise indicated
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Question 1: (a) "A tourist resort which does business in a single currency is not exposed to currency risk." Discuss (use example to support your answer). (b) Case: Hedging
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Enumerate about the short-run Phillips curve Diagrammatically the short-run Phillips curve becomes flatter under coordination as opposed to no coordination. If one country expa
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