Email: bbcnoun@gmail.com Whatsapp: 08131667008 CLL331 Question: The general law governing capacity to enter into contractual relations is contemporaneous with the capacity to create a valid sales of goods contract. This means that relevant is the case of Answer: Labinjoh v Abake (1924) 4 NLR 33 Question: The carrier of goods can escape liability by proving that he and his agents took all positive measures to avoid the Answer: damage Question: A proposition rises to the level where it can eminently assume the exalted seat of an offer if and only if satisfies to the exclusion of one the following stipulations: Answer: It must comply. With the Evidence Act Question: FOB meaning that risk passes to buyer including payment of transportation and insurance costs once delivered on board the ship by the seller, is an example of a series of pre-defined commercial terms by International Chamber of Commerce better known as Answer: Incoterms Question: With the exception of one, the following constitute the purpose of a bill of lading: Answer: A means or method of payment Question: A documentary credit which represents a bankVs assurance of payment against presentation of specified documents. In the substantive contract the seller would state that payment is to be by documentary credit and it is a most common payment mehtod in Answer: international trade or sales Question: The rule which stipulates that an ambiguous (or exemption) clause must be construed strictly against the party who insisted that the clause be inserted (or is relying on it) is otherwise known as Answer: Contra proferentem doctrine Question: The international instrument which lays down identical rules for the international carraige of passengers, luggage and goods by air is known as Answer: Warsaw Convention Question: A non binding transfer of property divested of any form of consideration is called Answer: a gift Question: Where in a purported sale necessaries are put to the use of an infant, or persons under delirium tremens, the requirement is for such a person to Answer: avoid liability since he does not have capacity Question: In a free on board contract in relation to the goods, the seller as against the seller has certain proprietary rights including the folloiwng but excluding one Answer: right of pledge Email: bbcnoun@gmail.com Whatsapp: 08131667008