Maharashi Dayanand University (MDU) 2009-4th Year L.LB General Law of Contract of LL.B annual of Department of Law, , Rohtak - Question Paper

Time allowed: three hours

Maximum marks: 100

Note: Attempt 5 ques. in all, by selecting at lowest 1 ques. from every unit. All ques. carry equal marks.

Unit one

1. "The Liability of surety is co-extensive with that of Principal debtor". discuss. explain the liability of a surety in a case where a creditor provide time to the principal debtor without the consultation of surety.

2. describe a contract of bailment. Distinguish a contract of bailment with that of hire-purchase.

Unit two

3. What is pledge? How does it differ with mortgage? Can pawnee retain the goods pledged to him, if yes under what conditions?

4. How an agent is appointed? explain the implied authority of an agent.

Unit three

5. When does the property in goods pass to the buyer, when the goods are unascertained goods and future goods?

6. Distinguish ranging from a condition and a warranty. What conditions are implied in a contract of sale?

Unit four

7. A partner is an agent of a different partner, explain. explain the implied authority of a partner in relation to 3rd party.

8. explain the essentials of a partnership. How partnership can be constituted by holding out.

Unit five

9. How can a partner be expelled from a firm? elaborate the rights of an expelled partner?

10. Under what circumstances a partnership can be compulsorily dissolved? What do you understand by winding up of a firm?

Earning:   Approval pending.