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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
Explain what are the primary & secondary sources of information that you can use to conduct your research. If it is primary/secondary, or both state reasons for your answer.
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Q. Impact on businesses of phoenix activity? In 1996 the Australian Securities Commission (ASC), published a report on phoenix activity titled Phoenix Activities and Insolvent
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