Professional Documents
Culture Documents
LLB(YearI)
ContractII(LLB1.5)
TimeDuration:3:00Hrs.
Q1.True/FalseQuestions(Attemptany5):
Contractofsaleisforpriceonly.
9.
Max.Marks:70
Min.Marks:28
(1*5)
35.
61.
22.
VI. Thepartnercanbepaidsalaryforhiswork.
Profitisoneofthepartsofpartnership.
Anagreementmadeforsuretyofmoneyiscalled
Indemnity
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b.pledge
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c.
both
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d.none
Arighttoretainpropertyforsecurityofdebtis
(2*5)
a.
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Lien
b.Guarantee
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c.
Indemnity
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d.Mortgage
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Acontractofbailmentfor
Deliveryofgoods.
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b.Forfulfillmentofsomepurpose
Returnofgoodsafterfulfillmentofpurpose.
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IV.
APartnerhasaright.
Toinspectthebooksofaccountsofthefirm
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c.
Hasrighttoreceiveinterestoncapital
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22.
Anagencycanbecreated
Bysharingprofit
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c.
Bybusiness
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d.Bypolicy.
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VI.
Asalebyauctionis
Anessentialelementforsale
Anexceptiontothepartofsale
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d.noneoftheabove
Registrationoffirmisnecessarybecause
Ensuringrightsandliabilities
BothAandB
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d.Noneoftheabove
Q3.ShortQuestions(Attemptany5):
9.
Writeashortnoteonthecontractofindemnity.
MentionBailorsrightsandresponsibilitytobailee.
DefineBailor.AlsowritekindsofBailee.
(5*5)
22.
Brieflywriteaboutthesaleofgoods.
(10*3)
Giveanintroductiontothedutyofbailor,baileetoeachotherandexemption.
Explaintheessentialsofcontractofsale.
Differentiatebetweenguaranteeandindemnity.
Writeadetailnoteontheduties,rightsofagentandhisauthority.
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