CONFIDENTIAL LWIJAN 2018/LAW416 UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION COURSE : BUSINESS LAW COURSE CODE : LAW416 EXAMINATION : JANUARY 2018 TIME 3 HOURS INSTRUCTIONS TO CANDIDATES 1 This question paper consists of SEVEN (7) questions. 2 ‘Answer any FOUR (4) of the questions in the Answer Booklet. Start each answer on a new page. 3 Do not bring any material into the examination room unless permission is given by the invigilator, 4, Please check to make sure that this examination pack consists of i) the Question Paper ji) an Answer Booklet ~ provided by the Faculty 5 ‘Answer ALL questions in English. DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO This examination paper consists of 3 printed pages (© Hak Cipta Universiti Toknologi MARA, CONFIDENTIALCONFIDENTIAL 2 LWIJAN 2018/LAW416 QUESTION 1 Article 44 of the Federal Constitution vests the legislative authority of Malaysia in Parliament. Explain the legislative process in the Parliament. (25 marks) QUESTION 2 a) Explain the types of consideration according to the Contracts Act 1950. (10 marks) b) Sarah lost her bag which contained a digital camera. She advertised in a newspaper Utusan Kini a reward of RM500 to anyone who found and returned the camera to her. Liza found the bag at a car park and returned it to her. Liza only knew of the reward promised the next day after reading the advertisement in Utusan Kini. Advise Liza whether she can claim the RM500 reward from Sarah. (15 marks) QUESTION 3 Explain the types of agency as provided under the Contracts Act 1950. (25 marks) QUESTION 4 Section 27 of the Sale of Goods Act 1957 provides that “...where goods are sold by a person who is not the owner, the buyer acquires no better title to the goods than the seller had...” Explain the above provision and its exceptions. (25 marks) QUESTION 5 In February 2015, Ram entered into a hire purchase agreement with Hebat Finance Bhd for a car for a period of 5 years. In September 2017, Ram suffered financial difficulties and could not pay for the instalments. Two weeks ago, Ram received a notice of intention to repossess. Ten days later, the agents of Hebat Finance Bhd towed the car from Ram's house while he was asleep. They left a notice in his letter box stating that the car has been repossessed due to his failure to pay the instalments and the car will be auctioned off. Ram. was upset over the incident. He wants to know the procedure for repossession according to the Hire Purchase Act 1967. Advise Ram, (25 marks) (© Hak Cipta Universiti Teknologi MARA. CONFIDENTIAL,CONFIDENTIAL 3 LWIJAN 2018/LAW416 QUESTION 6 a) Define cheque according to the Bill of Exchange Act 1949 (Revised 1978). (S marks) b) Explain the types of crossing on a cheque. (20 marks) QUESTION 7 a) Define partnership according to the Partnership Act 1961 (10 marks) b) Explain the ways in which a partnership can be terminated. (15 marks) END OF QUESTION PAPER (© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL,