LL.B. (Three Years) Sem 4 Contract II Oct 2026 ATKT 75/25 Question Paper - Mumbai University | munotes

Questions asked in this paper

• N.B: 1. All Questions are Compulsory. 2. Figures to the right indicate full marks. 3. Give case-law/reasons wherever necessary.

Q.1 Q.1: Answer any six in two sentences (12 Marks - 2 marks each)

1. (a) Who is the indemnity-holder and the indemnifier? Explain with a suitable illustration.
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2. (b) Explain continuing guarantee and specific guarantee with examples.
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3. (c) Define "document of title to goods".
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4. (d) What is expressly excluded from the definition of "goods" under the Sale of Goods Act, 1930?
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5. (e) What is meant by reconstitution of a partnership firm? State the various ways in which a partnership firm may be reconstituted.
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6. (f) Explain the term "agreement to sell".
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7. (g) State any two differences between a partnership firm, a company and an LLP.
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8. (h) State any four grounds on which a partnership firm may be dissolved.
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Q.2 Q.2: Write short notes on any two of the following (12 Marks - 6 marks each)

1. (a) Rights of a partner in a partnership firm.
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2. (b) Rights of parties in a mixture of goods under a contract of bailment.
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3. (c) Sub-agent and substituted agent.
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4. (d) Goods Sold on Sale or Approval Basis
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Q.3 Q.3: Answer any two situational-based questions (12 Marks - 6 marks each)

1. (a) A agrees to supply 500 kilograms of rice to B. B places the order after inspecting a sample and expressly requires the bulk to correspond with the sample. B also requires the rice to be packed in 1-kilogram bags. (i) What are B's rights in respect of the bulk of goods received? (ii) Can B reject the goods if each packet contains 950 grams instead of 1 kg?
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2. (b) A, B and C are 18 years old and D is 17 years old. All four intend to participate in the business and form a partnership firm. (i) Can all four become partners in the firm? Give reasons. (ii) What is the liability of a minor admitted to the benefits of a partnership firm?
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3. (c) X is negotiating with Y for the sale of the entire machinery of X's business. Almost all terms have been agreed upon. Y gives X a cheque for ₹1,00,000 as earnest moneys, but because the machinery is highly specialised, its exact value cannot be ascertained. (i) Has the property in the goods passed to Y? (ii) Advise X and Y regarding ascertainment of the price.
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4. (d) X is Y's authorised agent for developing Y's land. X has to leave the country for four months for urgent work and, during his absence, authorises Z to take over and complete the work. (i) Identify the nature of the relationship between X, Y and Z. (ii) Discuss X's rights and duties in the circumstances.
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Q.4 Q.4: Attempt any three out of the following five questions (39 Marks - 13 marks each)

1. (a) Differentiate between Contract of Indemnity and Contract of Guarantee. Discuss various ways by which a guarantee may be revoked.
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2. (b) Discuss the various modes by which an agency may be created.
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3. (c) Distinguish between sale and agreement to sell. How may a contract of sale be made under the Sale of Goods Act, 1930?
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4. (d) Explain a contract of bailment. Discuss the rights and duties of a bailor.
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5. (e) Discuss the various modes by which a partnership firm may be dissolved.
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Read from the scan above, so a character or two may differ. The scan is the original.