BUSINESS LAW:

CAPACITY OF PARTIES (Chap. # 4)

1) What do you understand by minor? 2) Explain nature of minors agreements? a. Void agreement. b. Minor and ratification. c. Agreement by guardian on behalf of minor. d. Surety for a minor. e. Contract by minor and adult jointly. 3) What do you mean by persons of unsound mind? Define sound mind? 4) Define disqualified persons from contract?

FREE CONSENT (Chap. # 5)

1) What is coercion? 2) What is undue influence? 3) Write down the difference between coercion and undue influence? 4) What is fraud? 5) Describe the essentials of fraud? 6) What do you understand by misrepresentation? 7) Explain essentials of misrepresentation? 8) Write the difference between fraud and misrepresentation? 9) What is mistake? Define the bilateral mistake? 10) What is meant by mistake of law? a. Mistake of Pakistani law. b. Mistake of Foreign law.

VOID AGREEMENT (Chap. # 6)

1) Define agreement in restraint of marriage?

CONTINGENT AND QUASI CONTRACTS (Chap. # 7)

1) 2) 3) 4) What is collateral event? Define happening of an event? Explain the difference between contingent and wagering agreement? What is meant by quasi contract?

DISCHARGE OF CONTRACT (Chap. # 9)

1) What is meant by discharge by performance? 2) Explain discharge by agreement? 3) Define discharge by subsequent impossibility? 4) Illustrate discharge by lapse of time? 5) Describe discharge by operation of law? 6) What do you understand by discharge by breach of contract?