LL.B. (Three Years) Sem 4 Contract II Oct 2025 75/25 Question Paper - Mumbai University | munotes

Questions asked in this paper

SECTION I - Q.1: Answer any SIX in one-two sentences (12 Marks - 2 marks each)

1. Q1 What is partnership by holding out?
2. Q2 What is the difference between a condition and a warranty?
3. Q3 State any two rights of an indemnity holder.
4. Q4 How can an LLP be wound up under the LLP Act, 2008?
5. Q5 What does the term "goods" include under the Sale of Goods Act, 1930?
6. Q6 How is a limited liability partnership different from a traditional partnership?
7. Q7 State any two rights of an outgoing partner.
8. Q8 Define Pledge.

SECTION II - Q.2: Write short notes on any TWO (12 Marks - 6 marks each)

1. Q9 Limited Liability Partnerships
2. Q10 Exceptions to caveat emptor
3. Q11 Rights of a minor admitted to the benefits of the partnership
4. Q12 Agency coupled with interest

SECTION III - Q.3: Answer any TWO of the following with reason (12 Marks - 6 marks each)

1. Q13 A enters into a contract with B to sell 500 kg of grain. However, A delivers only 300 kg of grain. (a) What are the rights available to B in respect of the short delivery? (b) If B accepts the 300 kg, what other remedies are available to him?
2. Q14 Nihar appoints Hiren, a 16-year-old, as his agent and instructs him to procure insurance for his cargo worth Rs. 4,000. Hiren fails to obtain the insurance, and the cargo is later destroyed in a fire. (a) Is the appointment of Hiren as Nihar's agent valid? Give reasons. (b) Can Nihar recover from Hiren the loss suffered by him due to Hiren's failure to insure the cargo? Explain with reasons.
3. Q15 A, B, C & D incorporate an LLP, wherein A & C are named as the designated partners. (a) Who is a designated partner? How many minimum designated partners must an LLP have? (b) What is the liability of the partners of an LLP?
4. Q16 A, B and C are partners in an unregistered firm. They agree to equally share profits and agree that only B & C shall be liable for losses. A dispute arises between them regarding the partnership, and A decides to sue B & C. (a) Is there a valid partnership between A, B, and C? Give reasons. (b) Can A sue B & C? Give reasons in support of your answer.

SECTION IV - Q.4: Answer any THREE of the following questions in detail (39 Marks - 13 marks each)

1. Q17 Define bailment. Discuss in detail the rights and duties of a bailee.
2. Q18 What are the features of a limited liability partnership? Explain the process of incorporation of a limited liability partnership.
3. Q19 State the essentials of a contract of guarantee. Explain the various modes by which a surety can be discharged.
4. Q20 Discuss the various grounds for the dissolution of a partnership.
5. Q21 Who is an unpaid seller? Explain in detail his rights under the Sale of Goods Act, 1930.

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