LLB 3 Years Sem 4 Contract 2 Nov 2014 II Question Paper - Mumbai University | munotes

Questions asked in this paper

• N.B: (1) Attempt all questions

1. Q1 Write in two sentences. under Indian Partnership Act, 19327 20 marks
   • (c) State ‘Specific and state whether it is irrevocable? Distinguish between and
   • (g) Explain
   • (h) Define 'Goods' under Sale of Goods Act, 1930? Explain at Will'?
   • (j) Whois and Indemnity Holder? ie Write short notes on any four. 20 ‘(a) Distinguish between Indemnity and
   • (b) Distinguish between General Lien and particular Lien?
   • (c) . Distinguish between sale and Hire Purchase Agreement?
   • (d) Distinction between Partnership Company?
2. Q3 Solve any two
   • (a) the principal instructed 'y' his agent to put goods in 'z's warehouse. y puts half the goods in '7's warehouse and half in 'A's warehouse. All the goods were destroyed by fire
   • (i) State relevant section to which problem relates
   • (ii) Is to 'x' for loss of goods in 'z's warehouse? Give reason
   • (iii) Is 'y' liable to 'x' for loss of goods in warehouse? Give reason
   • (b) agrees to sell 100 bags of cement at a price to be fixed by 'z' and to be detivered in 4 equal installments. 'y' receives a delivery of 25 cement bags the legal position — refuses to value the goods and fix the price? is prevented from fixing the price by the fault of 'x'?
   • (iii) If'z' is prevented from fixing the price by fault of 'y'? are partners of a trading firm. 'D' is a dormant partner and he retires from partnership on 15 February 2014. Partners execute a dissolution deed to dissolve the firm, from 1* march 2014, but did not give public notice till March 2014. 'A' borrowed = 20,000/- in firm's name from 'F’
   • (i) the firm liable to 'E'? Cite relevent section
   • (ii) Can.'D' be made liable for act of Give reasons 4, . Answer in detail (any four). 48
   • (a) “Noonecan pass a better title to goods than what he himselfhas". Explain this statement and discuss the exception to this rule
   • (b) Howis agency terminated by act of parties and by operation of law? Explain
   • (c) Explain the essentials of Partnership and ‘Discuss the rights and duties of is said to be discharged when his liability as surety comes to an end" Explain this statement and discuss various modes of discharge of surety
   • (e) Explain kinds of bailment and discuss the various rights ‘and duties of Bailor
   • (f) What is the meaning of contract of Agency and discuss in detail the various modes of creation of agency?
   • (S) HUT? a caren At area
   • (2) Ae HRA

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