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

Questions asked in this paper

1. Q1 Answer in 1-2 sentences (2 Marks each) How isa person introduced as a partner in a firm? 20 marks
2. Q2 How is sold after dissolution of a firm?
3. Q3 Define 'Bailment' as per Indian Contracts
4. Q4 What is the effect of notice to ‘acting’ partner?
5. Q5 What is ‘Continuing guarantee"? Explain with illustration,
6. Q6 When does a Pawnee have a right of retainer?
7. Q7 by as provided under Sale of Goods Act, 1930?
8. Q8 'Part under Sale of Goods Act, 1930
9. Q9 Define 'Agent' and
10. Q10 "Document of title to goods"
11. Q2 Write Short Notes on any 4 of the following. (5 Marks each) 20 marks
12. Q1 Bailor's duties to goods bailed
13. Q2 Revocation of authority of an agent
14. Q3 Retirement of a Partner and his liabilities,
15. Q4 Dissolution of a firm by the Court,
16. Q6 Sale by auction
17. Q3 Solve any 2 out of the following 3 (6 Marks each) Hira to sell Dev's estate. Hira on looking over the estate before selling it, finds a mine on the estate which is unknown to Dev. Hira informs Dey that he himself wishes to buy the estate, but conceals discovery of the mine. Dev allows Hira to buy, in ignorance of the mine there on the estate 12 marks
    • (i) What is the relationship between Dev and Hira? What is the remedy available to Dev after he discovers the fact that Hira knew about the existence of mine at the time of buying the estate?
18. Q2 There was a contract for the Sale of a parcel of 500 bags of rice. Unknown to the seller 50 bags were stolen at the time of the contract. The seller delivered the rest of the bags, but the buyer refused to take them. The seller then brought an action for the price
    • (i) Is the buyer liable to take or pay for the goods in the above case? Give reasons
    • (ii) kind of contract is the above? Why?
19. Q3 The owner of a cotton -mill entered into partnership with two others; The business was carried on at his mill. The value of the assets of the mill was credited to his capital account and he was allowed interest on it. The mill was enlarged and improved by the firm and-also new buildings were erected on the land acquired by the firm
    • (i) The mill becomes whose property?
    • (ii) What provisions of The Indian Partnership Act, 1932 governs the above case?
20. Q4 Answer any 4 out of the following 6 (12 Marks each) 48 marks
21. Q1 Who is and 'co-surety"? Elucidate the rights and duties of Co- sureties with
22. Q2 What is or What are the rights and duties of a pawnee ?
23. Q3 Explain the Doctrine of Caveat its exceptions with examples
24. Q4 Discuss the and disabilities of a minor Partnership
25. Q5 Discuss the following with illustrations:
    • (1) Proy sions of expulsion of Partners
    • (2) Effects of Insolvency of Partners
26. Q6 Whatis meant by ‘condition’ and Discuss the important points of distinction between the two terms
    • (3) fet

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