B.A. LL.B. (Five Years) Sem 5 Contract II 2012 Dec Question Paper - KSLU

Questions asked in this paper

UNIT - I

1. Q1 (a) What are the rights of the surety against the principal debtor, creditor and co-sureties ?
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2. Q1 OR What is meant by continuing guarantee ? When and how it is revoked or terminated ?
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3. Q1 (b) Write short notes on : The surety is a favoured debtor. Discuss
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4. Q1 OR Rights of Indemnity - holder.
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UNIT - II

1. Q2 (a) Define Bailment. What are the rights and duties of Bailee ?
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2. Q2 OR Define lien. What are the rights of a bailee in respect of lien ?
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3. Q2 (b) 'A' lends a horse, which he knows to be vicious, to 'B'. He does not disclose the fact that the horse is vicious. The horse runs away. B is thrown and injured. Decide.
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4. Q2 OR 'A' lends a horse to 'B' for his own riding only. B allows C, a member of his family, to ride the horse. C rides with care, but the horse accidentally falls and is injured. Decide.
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UNIT - III

1. Q3 (a) Discuss the rule "Himself a delegate an agent shall not delegate his authority"
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2. Q3 OR What are the duties of an agent ?
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3. Q3 (b) 'X' holds, a lease from 'Y', terminable on 3 months notice. Z, an unauthorized person, gives a notice of termination to 'X'. Can the notice be ratified by 'Y' ?
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4. Q3 OR 'A' directs 'B' to sell his estate. 'B' on looking over the estate before selling it, finds a mine on the estate unknown to 'A'. 'B', informs 'A' that he wishes to buy the estate for himself, but conceals the discovery of the mine. 'A' allows 'B' to buy in ignorance of the existence of the mine. Decide.
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UNIT - IV

1. Q4 (a) "Although sharing of profits is an essential element of partnership, it is not the sole test". Comment.
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2. Q4 OR What is meant by dissolution of a firm ? What are the different modes of dissolution ?
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3. Q4 (b) Write short notes on : Implied authority of a partner.
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4. Q4 OR "Goodwill of a business".
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UNIT - V

1. Q5 (a) Define condition and warranty. Distinguish between condition and warranties.
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2. Q5 OR In a contract of sale when does the property in the goods pass from the seller to the buyer ? Discuss.
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3. Q5 (b) Write short notes on : Unpaid seller.
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4. Q5 OR Goods.
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.