CPA FOUNDATION LEVEL
CS FOUNDATION LEVEL
CCP FOUNDATION LEVEL
INTRODUCTION TO LAW AND GOVERNANCE
TUESDAY: 20 August 2024. Morning Paper.
Time Allowed: 3 hours.
This paper has seven (7) questions. Answer any FIVE questions. ALL questions carry equal marks. Do NOT write anything on this paper.
QUESTION ONE
(a) With reference to the law of tort, explain the principle of negligence. (2 marks)
(b) Explain FOUR remedies available for breach of contract. (8 marks)
(c) Discuss FIVE sources of law in your country. (10 marks)
QUESTION TWO
(a) With reference to terms used in international trade, explain TWO differences between “FAS” and “FCA.” (4 marks)
(b) State SIX principles of insurance. (6 marks)
(c) With reference to the law of agency:
(i) Explain TWO rights of parties in an agency relationship. (4 marks)
(ii) Describe THREE duties of agents. (6 marks)
QUESTION THREE
(a) Explain THREE differences between “conditions” and “warranties”. (6 marks)
(b) Examine FOUR elements of insurable risk. (8 marks)
(c) (i) With reference to torts, explain the term “trespass to person.” (2 marks)
(ii)Highlight FOUR essentials necessary for a trespass to person claim to be proved. (4 marks)
QUESTION FOUR
(a) Explain TWO differences between “negotiation” and “conciliation” in alternative dispute resolution. (4 marks)
(b) With reference to joint tenancy, summarise SIX ways in which co-ownership of property may be terminated. (6 marks)
(c) Analyse FIVE advantages of using of arbitration in dispute resolution. (10 marks)
QUESTION FIVE
(a) With reference to property law, identify FOUR rights of a tenant. (4 marks)
(b)Outline FIVE matters which judges may consider to determine whether a dispute should be heard under African Customary Law. (5 marks)
(c)Summarise FIVE roles of the Supreme Court. (5 marks)
(d) Highlight SIX consequences of frustration of a contract. (6 marks)
QUESTION SIX
(a) In governance context, examine TWO differences between “accountability” and “responsibility”. (4 marks)
(b) Highlight EIGHT roles of professional ethics to the society. (8 marks)
(c)State EIGHT principles of good governance. (8 marks)
QUESTION SEVEN
(a) Identify FIVE sources of ethics. (5 marks)
(b) Highlight FIVE fundamental principles that are contained in a professional body code of ethics in your country. (5 marks)
(c) Discuss FIVE measures which an organisation could put in place to prevent fraud in order to enhance corporate governance. (10 marks)
