B.A.LL.B. (Hons).IVth semester .Law of Contract paper

B.A.LL.B. (Hons).IVth semester .

PAPER: Law of Contract paper

Time Allowed :Three hours

Maximum Marks : 50

Note : Attempt all questions .All questions carry equal marks . Question no 2 to 5 have a word limit of 750 word each . Question no . 1 is compulsory and each part of question no .1 should not exceed 150 words .

1.
(a) Explain the maxim “ Risk Prima Facie Passes with the property “.

(b) who is the mercantile agent ? Explain his powers.

(c) Distinguish between partnership and limited liability partnership.

(d ) Partner by holding out and his liabilities .

(e) Rights and Duties of finder of lost goods .

2.
Define “contract of indemnity “.Discuss law relating to liability of indemnifier and discharge of co surety .

OR

’Pledge is nothing but bailment of goods ’ .Explain the statement .What can be pledged and by whom ?

3.

Explain the maxim ‘Qui facit per alium facil per se’ and define terms ,Agency ,Agent ,Sub-Agent ,Co-Agent and substituted agent .

OR

Discuss the kinds of partner of a firm and right and liability of an outgoing partner .


4.

Explain the maxim ‘Nemo dat qoud non habet ’ .Under which section of Sales of Goods Act it has been incorporated ?Are there any exception to rule ?

OR

In Cox V Hickman Sharing of profit was considered as an essential ingredient of partnership but its not conclusive proof of its existence .Critically examine the statement.

5.


Define bailment and discuss bailee’s duty to take reasonable care of good bailed .is there any limit to this duty ?

OR

Explain the term “Unpaid seller ” .Discuss the rights of unpaid seller .

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