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Q. No. 1. What is Continuing Guarantee ? Explain the various modes of
discharge of surety from his liability.
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Q. No. 2. Define pledge. State the circumstances in which a non-owner
can make a valid pledge.
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Q. No. 3. Discuss unpaid Sellers right of lien. How it differ from the right
to stoppage in transit ?
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Q. No. 5. Explain the rights and duties of agent.
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Q. No. 6. What is bailment ? Discuss the rights and duties of bailor.
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Q. No. 8. Write short notes on any two of the following :
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(a) Sub-agent
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(b) Implied authority of a partner
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(c) Good-will
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Q. No. 9. Solve any two of the following problems :
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(a) A advances to B a minor, Rs. 1,00,000/- on the guarantee
of C. A on demand for repayment from B. B refuses to
pay on the ground of his minority. Can A recover the amount
from C ? Decide.
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(c) A lends a horse to B for his own riding only. B allows C a
same member of his family, to ride the horse with care but
the horse accidentally falls and is injured. Whether B is to
make compensation to A ? Give reasons.
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