The course, commercial law II, is a compulsory course in North-Eastern University, Gombe, Nigeria that students must offer in the Law programme. This course is offered in the second semester of third year of students’ study and it is a 4 credit unit course. As noted in the first semester course guide which dealt basically with the sale of goods, this second semester shall deal with the aspect of commercial transactions relating to Agency and Hire Purchase. The primary aim of this course is to familiarize the students with the subject matter which is dealt with here and which the students is expected to know at the end of the course. The major objectives of this course, as designed are to enable the students:
(1) Understand what an agency is.
(2) Identify how agency relationship is created.
(3) Understand the capacity of an agent.
(4) Determine the scope of the authority of the agent in carrying out some duties.
(6) Discern the rights, duties and obligation of an agent.
(7) Understand when an agency relationship is created.
(8) Identify the different modes of termination of an agency contract.
(9) Explain the relationship of principal and third parties.
(10) Understand the idea of irrevocable authority.
(11) Know the nature and meaning of hire purchase
(12) Distinguish between hire purchase in common Law and under the Hire Purchase Act.
(13) Know the difference between ownership and passing of property under a Hire Purchase Contract.
(14) Know the remedies available to the owners or hirer in case of breach of contract.
(15) Understand the minimum payment clause and damage standard form.
(16) Know the form and nature of a standard hirer purchase agreement.
(17) Distinguish between bill of sales, conditional sale and credit sale agreement.
- Teacher: Haruna Hassan