Business/commercial law revision kit question and answer

Write explanatory notes on:
a) Option (d) Public Bill
b) Government Bill (e) Private Bill
c) Private members bill
ANSWER
(a) Option: this is the consideration provided the offeree for the offeror to keep his offer open for a specified duration.
• The offeror cannot revoke the offer before such duration expires. It can also be defined as an agreement between the offeror and the offeree which the offeror agrees to keep his offer open for a specified duration.

(b) This is a Bill mooted the government which it introduces to the National Assembly for purposes of being enacted to law. Such Bills are drafted the Attorney General.

(c) This is a Bill mooted a member of parliament in his capacity as such which he introduces to the National Assembly for purposes of being enacted law e.g. the Hire Purchase Bill, 1968.

(d) This is a Bill which seeks to introduce, amend or repeal laws applicable throughout Kenya. It may be a government or private members Bill.
(e) This is a Bill which seeks to introduce, amend or repeal laws applicable in some parts of Kenya only or laws which regulate specific groups of persons. It may be government or private members Bill.



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