Click Here- 3LLB 2nd Sem All Subjects Information
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6 Mark Questions
- Rights of indemnity holder
- Contract of bailment
- Pledge by non-owner
- Substituted agent
- Coereat emptor
- Passing of property in goods
- Minor as partner
- Limited Liability Partnership
- Rights of indemnity holder
- Co-sureties
- Pledge by non-owners
- Termination of agency
- Different types of goods
- Right of stoppage in transit
- Characteristics of partnership
- Rule in Garner v. Murray
- Continuing guarantee
- Pledge
- Particular lien
- Substituted agent
- Agreement to Sell
- Hire-purchase agreement
- Nemo dat quad no habet
- Dissolution of partnership firm
- Rights of Indemnity holder
- Kinds of G u a r a n t e e
- Pledge
- Substituted agent
- Future goods
- Caveat Emptor
- Dormant Partner
- Dissolution of Partnership
15 Mark Long Questions
- “The liability of surety is coextensive with that of the principal debtor” Explain.
- What is agency by ratification? What are the requisites of a valid ratification?
- Discuss the rights of unpaid seller.
- Explain the essential elements of a partnership.
- Explain the rights and duties of bailor and bailee.
- What are the various ways in which the relation of agency arises?
- Discuss the implied conditions and warranties in a contract for the sale of goods.
- “A partner is the agent of the firm for the purposes of the business of firm” -Examine.
- Define guarantee and explain the extent of liability of surety.
- What is meant by agency through ratification? State the conditions that must be fulfilled before the doctrine of ratification can apply to an act of an agent.
- Briefly explain the conditions and warranties implied by law in a contract for the sale of goods.
- “The law of partnership is nothing but an extension of the law of principal and agent”. Explain.
- Explain the circumstances in which a surety is discharged from liability.
- Discuss the different modes in which the authority of an agent may be terminated
- When is a seller deemed to be an unpaid seller of goods and what are his rights?
- What is the legal position of a minor partner in a firm?
10 Mark Case- Law Questions
- ‘A’ stands as a surety for the good conduct of ‘B’ who is employed in a bank. B misappropriates some money but the bank excuses him without informing A about the misconduct of B. B again misappropriates. Is A liable to the Bank?
- Mr. Jagan bought a second-hand car from Mr. Kumar and used it for six months. Later Jagan found that he bought a stolen car and had to return it to a true owner. Can Jagan file a case against Kumar for remedy, if so what is the appropriate
- Smt. Roja took a horse on trial for 7 days from Fast Horse Academy. The horse died after 2 days due to fault of Roja. Who has to bear the loss of horse?
- X, Y, Z are partners in a firm. X without the consent of Y and Z transferred his interest in the firm to K. What are the rights of K against Y and Z?
- Mr. Ashok, as surety for Ms. Bhavya, makes a bond jointly with Bhavya to Mr. Kumar, to secure a loan from Kumar to Bhavya. Afterwards, Kumar obtains from Bhavya a further security for the same debt. Subsequently Kumar gives up the further security. Is Ashok discharged?
- Smt. Tara placed an order with B & Co. requesting the company to send the goods by sea. B & Co. took a bill of lading in the name of Tara and sent it to the company own agent. The goods were, however destroyed in the course of the voyage. Here, w h o h a s to bear the loss?
- At a sale by auction without reserve, the auctioneer is instructed not to sell for less than a certain price. The auctioneer accepts the highest bona fide bid which, however, is lower than the reserve price. Is the sale valid, if so, is the auctioneer liable to compensate the principal seller?
- Alex, a publisher, agrees to publish at his own expense, a book written by Sridhar and to pay Sridhar half the net profits. Do Alex and Sridhar constitute partnership?
- 13 A, advances to B a minor Rs.5000 on the guarantee of C. ON demand for repayment, B refuses to pay on the ground of his minority can A recover the amount from C?
- To try a coat that is offered for sale a customer in a store takes off her own coat and in the presence of the proprietor lays it on the counter. T“The coat is stolen. Is the proprietor responsible for the loss as a bailee?”
- A sold 100 quintals of ground nut oil to B. Before it could be delivered to B, the Government of India required the whole quality lying with A in public interest. B wants to sue A for breach of contract. Advice B.
- A contracts to sell B a piece of silk. B thinks that it is Indian silk. A knows that B thinks so, but knows that it is not Indian silk. A does not correct B’s impression. B afterwards discovers that it is not Indian silk. Can he repudiate the contract?
- Mohan Lal delivers diamonds to Neel Kamal on sale or return basis. Neel Kamal delivers the diamonds to Om Prakash on sale or return. An unknown person takes away the diamonds from Om Prakash. Can Mohan Lal file a case against Neel Kamal for the price of the diamonds?
- A agrees to indemnify ‘B’, a newspaper proprietor against claims arising out of the libel printed in the newspaper concerning a person of repute. Is this a valid agreement?
- ‘G’ Contracts with H to buy 50 easy chains of a certain quality. H delivers 25 chairs of the type agreed upon and 25 chairs of some other type. Does ‘G’ reject the chairs?
- Raju, a partner of a firm, borrows money on his own credit by giving his own promissory note for the same, but he subsequently uses the proceeds of the note in the partnership concern of his own free will without any reference to the lender to do so. Is the firm liable for the loan?