LLB 3 Years Sem 4 Contract 2 May 2017 II Question Paper - Mumbai University | munotes

Questions asked in this paper

• (2) Figures to the right indicate marks

1. Q1 Answer the following in not more than sentences each : 20 marks
   • a) Define ‘Pawn’,
   • b) you advice to register a partnership firm? Give 2 reasons
   • d) Explain Hire Purchase
   • e) What is ‘reserve price’?
   • f) Who is Principal Debtor?
   • g) Give various types of agents
   • h) is the meaning of ‘Special Lien’? What are the four situations require public notice as per Section 72(a) of Indian
   • j) Define ‘Goods’ under Sale of Goods Act, 1930
2. Q2 Write short note on any four of the following : 20 marks
   • a) Indemnity and Guarantee
   • b) between Partnership and Company
   • c) Unpaid seller
   • e) Auction sale
   • f) Rights and duties of Outgoing Partner ‘ 3) Solve any two of the following with reasons : 12
   • a) Mr. X orders from Mr. Y Specific articles of Japan. Mr, Y sends these articles to Mr, X mixed with other articles of Japan which had not been ordered
   • i) -Can Buyer refuse to accept the so, on what grounds?
   • ii) What action seller should take so that Buyer can accept such goods?
   • b) and are partners of a firm, “N’ is a dormant partner and he retires from partnership on 25" March 2017. Partners executed a dissolution deed to dissolve the firm from April 2017, but fail to give public notice till 30 April 2017, *M’ borrowed Rs. 4,00,000/- in firms’ name from
   • i) Is the firm liable to ‘Z’? Give reason with relevant provisions
   • ii) Can be made liable for act of
   • Q. P. Code : 11503
   • c) Mr, instructs Mr. ‘R’, a merchant to buy a ship for him. Mr. ‘R’ employees a ship surveyor of good reputation to choose.a ship for Mr. *P’, The surveyor makes the choice negligently and the ship turns out to be unseaworthy and is lost
   • i) Explain who is Sub-Agent?
   • ii) bound to make good the loss to Mr Give reason
   • iii) Will be responsible for the negligence of the ship surveyor to Mr Give appropriate reason
3. Q4 the following in detail (any four) : 48 marks
   • a) Define bailment, Explain kinds of bailment and various rights and duties of bailor
   • b) the implied conditions and warranties in a Contract of Sale of Goods
   • c) Define Dissolution of firm. State various mode of dissolution of partnership firm,
   • d) Explain essential features of contract of sale. Distinguish between ‘Contract of Sale’ and ‘Agreement to Sell’
   • e) Discuss the following with respect to partnership firm:
   • i) What is the object of regisffation of firm? Whether registration of firm is
   • ii) Can unregistered partnership firm file suit? Explain with relevant provisions,
   • f) Explain the concept of agency. Discuss in detail the mode of creation and termination of agency
   • Q. P. Code : 11503
   • (3) we aft at a’ art
   • Q. P. Code : 11503
   • (a) seared

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