问答题(c) whether she could take legal action against any person to make that person compensate the company for any loss resulting from the purchase of the ostriches. (3 marks)

问答题Dipogiso and Kitso owned a business involved in property development. They decided to incorporate their business. Before the company was incorporated, Dipogiso and Kitso bought a piece of land in Gaborone West for P200,000·00. They also bought a block of fl ats in Tsholofelo. The advertised price for the fl ats was P600,000·00 but Dipogiso and Kitso negotiated with the vendor and paid P450,000·00 for them on account of their poor state of repair. They further bought a house in Extension 12 on behalf of the unborn company for P40,000·00 with the intention that the house should be used as offi ces of the company. The company was incorporated as Conman Properties (Pty) Ltd. Dipogiso and Kitso sold the land to the company for P400,000·00; the fl ats for P800,000·00; and the house for P50,000·00. They paid themselves partly in cash and partly in shares in the company. They appointed their friend Nkwe, their accountant Sipho, and their secretary Violet as the directors. They disclosed to them that they had made a profi t of P410,000·00 on their sale of property to the company broken down as follows: P200,000·00 on the land; P200,000·00 on the fl ats; and P10,000·00 on the house. The directors assented to these profits. Richard is a shareholder in the company. He has discovered the above state of facts and is aggrieved. Required: Advise Richard. (10 marks)

问答题In relation to the Hong Kong Special Administrative Region (‘the Region’), explain the importance of the Basic Law to the Region. (10 marks)

问答题Describe the structure and functions of the main civil courts in the English legal system, including the Supreme Court. (10 marks)

问答题(b) administration. (6 marks)

问答题(b) remoteness of damage and compensation where a person commits the tort of negligence in relation to another person. (5 marks)

问答题(c) ‘master and servant’. (3 marks)

问答题(b) Whether she can require Chris to undertake the work on the garden, and if not, what alternative action is available to her. (5 marks)

问答题In relation to the law of contract, explain how a general offer may be revoked. (10 marks)

问答题(b) Explain the statutory conditions that must be satisfied in order for an individual to serve on the board of management. (3 marks)

问答题(c) State the various restrictions on the purchaser when he commences procedures for taking over a listed company by offer. (4 marks)

问答题Alexander is the chief executive officer of –OAO- Trade. While driving back from a business meeting to his company’s head office, Alexander lost control of his company car. The car collided with a vegetable stall by the side of the road before hitting the shop front of a restaurant, causing considerable damage to the vegetable stall and the restaurant. The owner of the vegetable stall claimed that the accident destroyed all of his stock, valued at 50.000 roubles. Alexander quickly wrote, signed and dated a note acknowledging that the company would pay 50.000 roubles to the owner of the vegetable stall, which was countersigned by the owner of the vegetable stall. Alexander agreed with the owner of the restaurant that any claim should be submitted to –OAO- Trade in writing. Four days later, –OAO- Trade received a letter from the owner of the vegetable stall claiming that the damaged inventory was worth 75.000 roubles and that it would be claiming this sum from the company. The company also received a letter from the owner of the restaurant claiming 100.000 roubles for the damage to the front of the building, 50.000 roubles to replace furniture destroyed in the accident and 200.000 roubles for business that would be lost in the next three months while the restaurant was being repaired. Required: Discuss the extent to which –OAO- Trade and Alexander personally would be liable in respect of the claims made by the owner of the vegetable stall and the owner of the restaurant. (10 marks)

问答题In relation to company law, explain the major principles and rules that are meant to assist in the preservation of the share capital structure of a company. (10 marks)

问答题In relation to the law of contract, explain what is meant by the doctrine of ‘fictional fulfilment’. (10 marks)

问答题(b) In relation to the UNCITRAL Model Law on International Commercial Arbitration, explain the meaning and significance of statements of claim and statements of defence. (5 marks)

问答题Dina contracted Elias, an interior designer, to help her with the decoration of her new fl at. Dina authorised Elias to purchase black furniture for her dining room, which would cost no more than EUR1.000. Elias ordered a set of black furniture from Chloe’s store and promised to pay EUR1.500 upon its delivery. When the furniture was delivered to Dina’s fl at, Dina discovered that it was brown and refused to pay. Chloe was not aware that the furniture was bought by Elias on behalf of another. Required: Advise Dina, Elias and Chloe as to their legal rights and obligations in relation to agency law. (10 marks)

问答题(b) Discuss how a partnership comes to an end. (5 marks)

问答题(b) State the requirements that have to be fulfilled in order for an agency by ratification to arise. (8 marks)

问答题In relation to the English legal system, explain the main sources of contemporary law. (10 marks)

问答题The board of directors of Sunrise Limited (‘SL’), a public limited company, in their next board meeting plan on authorising: (a) The appointment of TAQ International as its sole distributor for Karachi. Mr Kamal Dawood, who is the managing partner of TAQ International and a director of SL, is the moving spirit behind this. (b) Extension of the repayment time for a loan extended to Mr Kamal Dawood. Required: With reference to company law, explain to the board of directors of SL the procedures for adopting the above plans. (10 marks)