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What do you understand by Arbitration? What are the objectives of the Arbitration Act? What are the essentials for Arbitration Agreement?

What do you understand by Discharge of Instrument? What are the different ways in which one or more parties to a negotiable instrument are discharged?

What are the different ways in which a contract can be discharged? Describe these ways in details.

What is the difference between fraud and misinterpretation? What do you understand by mistake?

What are the rules regarding the acceptance of a proposal? Describe them in details.

What are the essentials for a Valid Contract? Describe them in details.

Describe the steps in the consumer decision making process for each of the following cases – a) A businessman considering the purchase of a new mobile phone for communication between branches of his firm and b) A consumer considering the purchase of a headache remedy that is advertised as stronger and more effective