OCTOBER 2012

U/ID 1893/PZB

Time : Three hours

Maximum : 100 marks

SECTION A (5 8 = 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1.

Define contract of indemnity. What are the scope

of contract of indemnity?

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2.

What are the types of Quasi-contract?

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3.

What are the rights of buyer?

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4.

What are the rights of unpaid seller?

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5.

What are functions of auction sale?

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6.

Differentiate between guarantee and agreement.

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7.

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Differentiate between memorandum of association

and articles of association.

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8.

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What are the features of contract?

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SECTION B (3 20 = 60 marks)
Answer any THREE questions.
All questions carry equal marks.
9.

What do you mean by contract? What are the

essentials of a valid contract?

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10.

Discuss the various modes of discharge of contract.

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11.

Describe the rights and duties of an agent.

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U/ID 1893/PZB

12.

What do you mean by prospects? What are the

elements of prospects?

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13.

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Explain the remedies for breach of contract.

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U/ID 1893/PZB