A proposal can be revoked otherwise than by communication - PowerPoint PPT Presentation

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A proposal can be revoked otherwise than by communication

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Title: A proposal can be revoked otherwise than by communication


1
Business Law
2
  • Business Law
  • Q1.(a) Discuss the term Continuing Guarantee.
    How can it be revoked?
  • (b)State briefly the rights and
    obligations of a bailee.
  •  
  • Q2.(a) What do you understand by the term
    Implied Authority of a partner?
  • (b)Enumerate the acts which are not
    covered under implied authority.
  • Q3. (a) What are the rights and duties of a
    minor in relation to partnership business?
  • (b) Distinguish between --
  • (i) Sub-agent and Substituted Agent
  • (ii) Sale, Bailment and Pledge

3
  • Q4.(a) Explain the rights of a partner.
  • (b) Distinguish between the following
  • (i) Succession and Assignment.
  • (ii) Contract of Indemnity and Contract
    of Guarantee.
  • Q5.Write short note on.
  • Non-registration of a firm.
  • Capacity of Contract
  • Kinds of Bailment.
  • Anticipatory breach of a Contract.

4
  • Q6.(a) When is a Surety Discharged from Liability
    by the conduct of the creditor
  • (b) Describe the rules relating to passing
    of property in the sale of goods.
  • Q7.(a) What is an illegal agreement? State the
    effects of illegality.
  • (b) What is Supervening Impossibility?
    What are its effect upon the contract?
  • (c) What are the remedies available to the
    buyer when goods in wrong quantity delivered to
    him?
  • Q8.(a) State the principles on which damages are
    assessed for breach of contract.
  • (b) Describe the law relating to the
    right of resale available to an unpaid seller
    in the Sale of Goods Act, 1930.

5
  • Q9.(a) What are the rules regarding delivery of
    goods?
  • (b) Distinguish between
  • i) Novation and Alteration.
  • ii) Liquidated damages and penalty
  •  
  • Q10.(a)Transferee of a partners interest cannot
    exercise the right of transferring partner.
  • b) Appropriation is a right primarily
    of the debtor and for his benefit.
  • c) A proposal can be revoked otherwise
    than by communication.
  • d) Right of stoppage in transit is an
    extension of the right of lien.

6
  • Global Study Solutions
  • Dr. Aravind Banakar
  • aravind.banakar_at_gmail.com
  • www.mbacasestudyanswers.com
  • 9901366442 9902787224
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