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(1)
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Comment
on the following statements:
(a) Breach of the contract is a mode of discharge
of contract.
(b) A mere silence as to facts is not fraud.
(c) No action can be brought by a party to an
illegal agreement.
(d) Delivery of goods sold des not amount to
acceptance of goods by the buyer.
(e) When can a non-owner pledge the goods?
(f) How is a minor liable for necessaries supplied
to him?
(g) A partnership firm has not been registered.
Is this business lawful?
(h) Who is a drawee in case of need? |
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| (2) |
(a)
What is a contingent contract? Is contract of
insurance a contingent contract? Give reasons
to your answer.
(b) What do you understand by discharge of contract?
State different ways in which a contract may
be discharged |
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| (3) |
(a) What are the requirements of a valid acceptance?
(b) Who are bound to perform a contract? |
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| (4) |
(a) Who can appoint an agent? Who can be appointed
an agent? What is the consideration for agency
contract?
(b) Is principal liable for illegal act of the
sub-agent? |
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| (5) |
(a) How does a partnership different from a
Joint Hindu Family?
(b) What would be the duration for which a partnership
firm can be constituted? |
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| (6) |
(a) State the exceptions to the rule that no
one can convey a better title than he himself
has.
(b) What are the duties of a buyer based on
a contract of sale? |
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| (7) |
(a) What is meant by "negotiation"? Discuss
also the points of difference between assignability
and negotiability?
(b) Define "indorsement". Bring out the distinction
between blank indorsement and full indorsement.
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| (8) |
(a)
What is meant by crossing a cheque? Discuss
the various modes of crossing a cheque and bringing
out its effects when making payment.
(b) Explain the meaning of "acceptance for honour".
What are the conditions for a valid acceptance
for honour? |
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