KYAMBOGO UNIVERSITY
SCHOOL OF MANAGEMENT AND ENTREPRENEURSHIP
BACHELOR OF MICROFINANCE
AMF 3203 BUSINESS LAW
GROUP COURSE WORK II ASSIGNMENT
Date: 21 March, 2024
INSTRUCTIONS:
a) Clarity of explanations and use of relevant authorities will earn you extra marks
b) Use only 6 pages
c) Font: Times New Roman, Size: 12, Spacing: 1.5, Max: 6 pages ONLY
d) Submission: 17th April 2020
e) Late submission will not be accepted.
f) Answer ONE (1) question in total
g) No more than one group shall answer/ select the same question
QUESTION 1:
a. With clear examples, discuss the advantages and dis-advantages of delegated
legislation in Uganda (10 marks)
b. Discuss the various factors a SACCO loan applicant may provide to make a loan
agreement procured without their free will voidable. (10 marks)
QUESTION 2:
a. Describe the procedure of forming and licensing a SACCO in Uganda (10 marks)
b. Discuss the various areas covered under ‘Capacity’ as one of the conditions that
must be fulfilled by members trying to form a SACCO (10 marks)
QUESTION 3:
a. Explain the circumstances under which an agent may lose the right to lien (10
marks)
b. Discuss the various ways an agent may be personally liable to a third party (10
marks)
QUESTION 4:
a. Discuss the various ways under which a Limited Liability Partnership may come
to an end (10 marks)
b. Explain the circumstances under which an existing partner may bind the
partnership in contract; (10 marks)
QUESTION 5:
a. Explain the various rules a banker may use in constructing limitation clauses in a
loan contract/agreement (10 marks)
b. What remedies are available to the SACCO/ bank as the innocent party in case there
is a breach of loan contract/agreement by the debtor (10 marks)
QUESTION 6:
a. Using examples from statutory and common law, explain the circumstances under
which the veil of incorporation may be lifted under company law. (10 marks)
b. With clear illustrations and authorities, explain in detail the various ways of winding
up a company offering banking services to the public (10 marks)
1|Page CWII
QUESTION 7:
a. Having been appointed a manager at a bank in your area, discuss the relationship
between a banker and customer (10 marks)
b. With clear examples explain the various ways for the determination of the contract
between the bank and customer (10 marks)
QUESTION 8:
a. The banker and customer owe various duties to each other. In lieu of the
foregoing statement, assess the duties of a customer and the duties of the banker as
owed to each other (10 marks)
b. Taking keen note of the exceptions, discuss in detail the principle of confidentiality
as one of the duties owed by a banker to the customer (10 marks)
QUESTION 9:
a. The principle of ‘Nemo dat quod non habet’ presupposes that nobody can pass
better title than he has. With clear illustrations, explain the circumstances under
which a non-owner of goods may pass good/ valid title to a third party. (10 marks)
b. With clear examples distinguish a Sale and an Agreement to Sale (10 marks)
QUESTION 10:
a. With relevant authorities, discuss the various duties of the parties under the sale
of goods and supply of services agreements (10 marks)
b. Discuss the various remedies available to an unpaid seller under the law of sale of
goods (10 marks)
QUESTION 11:
a. Taking keen interest in the duty of the banker to the customer, discuss the limits to
bank`s the duty to honour customers mandate (10 marks)
b. Explain the various rights that accrue to a customer by virtue of being a
customer to the bank (10 marks)
QUESTION 12:
a. Discuss the various duties and obligations of a promoter when starting a company
(10 marks)
b. What remedies are available to a company in case a promoter breaches their duty
(10 marks)
END
2|Page CWII
