SALE OF GOODS ACT NOTES-Business Law

SALE OF GOODS ACT NOTES The law relating to the sale of goods is contained in the Sale of GoodsAct (Cap. 31). This Act is mainly based on English Sales of Goods Act DefinitionSection 3(1) of the Act defines a contract for the sale of goods as:“A contract whereby the seller transfers or agrees to … Read more

NEGOTIABLE INSTRUMENTS NOTES-Business Law

NEGOTIABLE INSTRUMENTS NOTES 9.1 IntroductionThe law relating to ‘negotiable instruments’ is contained in the Billsof Exchange Act(cap 270 and the Cheque Act (cap.35). These Acts dealwith three kinds of negotiable instruments. i.e. Bills of Exchange,cheques and Promissory Notes. Meaning of Negotiable Instrument:The word negotiable means “transferable by delivery,’ and the wordinstrument means a written document … Read more

LAW OF AGENCY NOTES-Business Law

LAW OF AGENCY NOTES Agency law is special branch of the law of contract. Ac cording to theprovision of the law of contract Act (Cap. 23), the English common lawof contract is applicable in Kenya. The date of reception of the commonlaw of contract of England is 12th August 1897. English decisions afterthis date are … Read more

HIRE PURCHASE NOTES-BUSINESS LAW

HIRE PURCHASE NOTES The law relating to hire parches agreement has been contained in theHire purchase Act (Cap. 507). This Act has been based mainly on EnglishHire Purchase Acts. 8.1 Introduction The Hire Purchase Act (cap. 507) defines some terms relating to hirepurchase transactions as under:“Hire purchase Agreement ” means an agreement for the bailment … Read more

CONTRACT OF EMPLOYMENT NOTES-Business Law

CONTRACT OF EMPLOYMENT NOTES 4.1 Introduction In Kenya, employment is governed by the general law of contract, as muchas by the principles of common law. Thus, employment is basically seenas an individual relationship negotiated by the employee and theemployer according to their special needs. Parliament has passed lawsspecifically dealing with different aspects of the employer-employeerelationship. … Read more

CONTRACT OF EMPLOYMENT NOTES-Business Law

CONTRACT OF EMPLOYMENT NOTES 4.1 Introduction In Kenya, employment is governed by the general law of contract, as muchas by the principles of common law. Thus, employment is basically seenas an individual relationship negotiated by the employee and theemployer according to their special needs. Parliament has passed lawsspecifically dealing with different aspects of the employer-employeerelationship. … Read more

THE LAW OF TORTS NOTES-Business Law

WHAT IS A TORT? A tort is a civil wrong other than a breach of contract whose remedy isa common law action for damages or other relief. However, not everywrong is a tort. A single action may give rise to a tort and a crime.The law of tort protects various personal and proprietary interests.Tortious liability … Read more

Business Law-THE NATURE, PURPOSE AND KINDS OF LAW

1.1 The Nature of Law The term ‘law’ is used in a variety of senses. There are laws ofphysical sciences, laws of social sciences, moral laws and laws of state. Laws of physical sciencesLaws of physical sciences are those facts which have been proved correctand do not change over a period of time. Such laws … Read more