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Business Law — Notes + Revision Kit

Updated 2026-07-28 24 KB

Business Law — Notes + Revision Kit for CS Foundation Level. Includes concise notes, revision practice and tutor-written model answers for exam preparation in Kenya.

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Kenya Accountants and Secretaries National Examinations Board
CSFOUNDATION LEVEL
Business Law — Notes + Revision Kit
Updated to latest available sittingTime: 3 hours
Instructions to Candidates
  1. Answer ALL questions.
  2. Marks allocated to each question are shown at the end of the question.
  3. Show ALL your workings.
  4. Do NOT write on this question paper.
Question One

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Business Law — PREVIEW Course: CS — Certified Secretaries | Level: Foundation Level This is a free preview covering the introduction and Section 1 only. Table of contents (full paper) 1. Nature and sources of law — *included in this preview* 2. The Kenyan legal system and court structure — full version only 3. Law of contract I: formation — full version only 4. Law of contract II: performance, breach, and remedies — full version only 5. Law of tort — full version only 6. Law of agency — full version only 7. Sale of goods — full version only 8. Business organisation law fundamentals — full version only 9. Full worked case-study question — full version only 10. Self-assessment question bank, 10 original questions with model answers — full version only 11. Exam technique and revision checklist — full version only 1. Nature and sources of law Law is the body of rules, enforceable by the state, that governs conduct within a society. For a business, law defines what it may do, what it must do, and what remedies exist when rules are broken. 1.1 Classifications of law | Classification | Distinction | |---|---| | Public law vs private law | Public law governs the relationship between the state and individuals; private law governs relationships between individuals/entities | | Civil law vs criminal law | Civil law resolves disputes between parties; criminal law punishes conduct deemed harmful to society | 1.2 Sources of Kenyan law • The Constitution — the supreme law. • Legislation (statutes) enacted by Parliament. • Subsidiary legislation made under an Act's authority. • Case law (judicial precedent). • Customary law, where applicable. • International law and ratified treaties. Unlock the full paper The complete version includes the Kenyan court structure, contract formation and breach, remedies, the law of tort, agency, sale of goods, and business organisation law — plus a full worked case-study question and a 10-question original self-assessment kit with model answers. Purchase the full paper to continue. CS Foundation — Business Law (Preview) — Page 1 of 1
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