B.A. LL.B. (Five Years) Sem 5 Contract II 2018 Dec Question Paper - KSLU

Questions asked in this paper

1. Q1 Define contracts of indemnity and guarantee and discuss their differences.
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2. Q2 Define pledge. State the circumstances in which a non-owner can make a valid pledge.
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3. Q3 What is meant by agency by ratification ? Explain the relevant rules.
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4. Q4 Discuss the rule of caveat emptor with exceptions if any.
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5. Q5 Explain the remedies available to a seller and buyer for breach of a contract of sale.
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6. Q6 Explain in detail the procedure for the registration of firm and the consequences of its non-registration.
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7. Q7 State the rules regarding settlement of accounts of the firm after dissolution.
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Write short note on any two of the following :

1. Q8 (a) Personal liability of agent.
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2. Q8 (b) Types of partners
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3. Q8 (c) Continuing guarantee.
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Solve any two of the following problems :

1. Q9 (a) 'X' is an active partner of a firm with 'Y' and 'Z'. 'X' retires without giving a public notice. Whether 'X' is liable to the creditor in respect of a loan advanced after his retirement ? Decide.
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2. Q9 (b) 'X' employs 'Y' to recover the debt Rs. 1,500/- from 'Z'. The debt became time barred, because of 'Y' s negligence. Is 'Y' entitled to remuneration for his services ?
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3. Q9 (c) 'R' purchased a motor car from 'D' and used the same for several months. 'D' had no title to the car and therefore, 'R' was compelled to give it up to the true owner. 'R' sued 'D' to recover back the price which he had already paid - Decide.
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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.