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SEGi COLLEGE

DIPLOMA IN
ACCOUNTING / BUSINESS ADMINISTRATION / HUMAN RESOURCE MANAGEMENT / MARKETING

AUGUST 2012 EXAMINATION

BUSINESS AND COMPANY LAW

SUBJECT CODE : 4LAW0913

TIME ALLOWED : 3 HOURS

INSTRUCTIONS TO CANDIDATES:

1. Answer FIVE (5) out of EIGHT (8) questions.

2. All questions carry equal marks.

3. All answers must be written in the answer booklet provided.

(Answer FIVE (5) out of EIGHT (8) questions)

Question 1

Malaysian law comes from two sources, namely written and unwritten.

Explain the meaning of the written source of the law and its components. (Total: 10 marks)

Question 2

a) How can an offer be terminated? (5 marks)

(b) Jackie went shopping at Men Men Accessories. He saw a bottle of DK Fragrance at the display shack and realised that it was under-priced. He took it to the counter immediately and wanted to pay for it. But the cashier at the counter told him that it was under-priced and did not want to accept the money from Jackie. Advise Jackie on whether he can have the perfume or not? (5 marks) (Total: 10 marks)

Question 3

Mr and Mrs Leong have been married for many years. Recently, Mr Leong obtained an overseas assignment from his company. He told his wife that he will be away for a year and promised her that when he comes back, he will take her on a trip to Bali if she takes care of their children well. But when Mr Leong came back, he did not fulfill the promise.

Mr Leong also signed a contract for the renovation of his house with Desperate Contractors Sdn Bhd. In the contract there was a term that says, inter alia, “the renovation will only proceed with the confirmation by Mr Leong”. A week has passed but Mr Leong has not confirmed the renovation.

Advise Mr Leong on his liability for the above TWO