LLB 3 Years Sem 4 Contract 2 May 2019 II Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 Answer in 1-2 sentences (2 Marks each) 20 marks
2. Q1 Define and 'principal' as per ICA,1872
3. Q2 What is suretyship or of guarantee”?
4. Q3 Who is called as ‘pawnor’ and who is 4, as defined under Sale of Goods Act, 1930
5. Q5 Sale by description
6. Q6 What is meant by -Goods must be ascertained 7, Effect of repudiation of contract before due date 8, "Partnership" as given under Partnership Act, 1932 9, What is meant by “act of a 10, How can a partner be expelled?
7. Q2 Short Note on any 4 out of the following 6 (5 Marks each) 20 marks
   • (i) Invalid guarantees
   • (ii) Rules governing Revocation of agent's authority of Passing of property under Sale of Goods Act, 1930
   • (v) Delivery of wrong quantity under Sale of Goods Act, 1930
   • (vi)Partnership at will
8. Q3 Solve any 2 out of the following 3 (6 Marks each) 12 marks
   • (i) Monu & Sonu makes joint and several promissory note to Ram to pay X amount. Monu makes it, in fact as a surety for Sonu. When the note is made, this fact is known to Ram. Later Ram sues Monu upon the note to pay the X amount
   • (i) What is the effect on rights of Ram in the given situation?
   • (ii) Legal term for Monu & Sonu as under ICA, 1872
   • (iii)Principle on which above situation is based?
9. Q2 A sells X quantity of silk yarn to B, and sends him Railway Receipt. When A is still unpaid, he comes to know that B has become insolvent. When the goods are still in transit, B assigns the Railway receipt to C for cash. C is unaware of B's insolvency
   • (i) Can A stop the goods in transit?
   • (ii) Principle on which above situational problem is based?
10. Q3 Mann & Co. is registered as a partnership firm in 2004, with M, N and O as partners. In 2005, M dies. In 2006, N & O sue A in the name and on behalf of Mann & Co. without fresh registration
    • (i) Is the above suit against X maintainable?
    • (ii) What difference would it make if a new partner P is added in 2006, and then A is sued without
11. Q4 Answer any 4 out of the following 6 (12 Marks each) 48 marks
    • (i) Elucidate Agent's duties to Principal with suitable illustrations
    • (ii) Define and explain his liabilities with examples,
    • (iii)Who is Unpaid Seller? Does he have any rights in respect of goods as laid in Sale of Goods
    • (iv)Explain the rules governing "delivery of goods"?
    • (v) What are the rights and liabilities of an outgoing partner?
    • (vi)Discuss the various ways by which a Partnership firm may be dissolved
12. Q2 fra an ara Rooy

Read from the scan above, so a character or two may differ. The scan is the original.