Law of Contract – I · Semester 1

Law of Contract – I · March/April 2017

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Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.

Official previous-year question paper (PDF scan), OU LL.B. Year 1 Semester 1. Download the file; question-to-topic mapping can be added later from this paper.

Osmania University · Faculty of Law

Law of Contract – I · March/April 2017

March/April 2017 · Law of Contract – I · Semester 1

FACULTY OF LAW
LL.B. (3 YDC) & LL.B. (3 YDC) (Honours) I - Year I - Semester
Examination,
March / April 2017
Subject : LAW
PAPER - I : LAW OF CONTRACT - I
Time : 3 HoursMax. Marks : 80
PART - A (5 x 6 = 30 Marks)
Answer any FIVE of the following :
1. What is an Agreement?
2. Executory Contract.
3. Minor as a Shareholder.
4. Wagering Contract.
5. Remote Damages.
6. Quasi Contract.
7. Quantum Meruit.
8. Novation.
PART - B (2 x 15 = 30 Marks)
Answer any TWO of the following questions:
9. 'All agreements are not contracts, but all contracts are agreements.'
Discuss.
10. 'Parties to a contract must be competent to contract.' Explain.
11. Define the term 'Contingent Contract.' Discuss the rules relating to
Contingent Contracts.
12. State various ways in which a contract may be terminated.
PART - C (2 x 10 = 20 Marks)
Answer any TWO of the following questions :
13. 'A' invites 'B' to dinner B accepts the invitation but does not turn up at
the dinner. Can 'A' sue 'B' for the loss he has suffered.
14. 'X' a minor borrowed from 'Y', a sum of Rs. 10,000 the payment of the
loan was guaranteed by 'Z' who is a major. 'X' refuses to pay. Can Y
hold 'Z' liable for the money?
15. 'M' an old man of poor sight endorsed a Bill of Exchange of Rs.
10,000/- thinking that it was a guarantee. Is 'M' liable to pay the
amount?
16. 'X' agreed to let his hall to 'Y' for some public entertainment and the
hall was destroyed by fire before the date of the event. Discuss.

Part A · 6 marks

  1. What is an Agreement?
    Topics: Capacity of parties and minor's agreement
    Year and frequency →
  2. Executory Contract.
    2× in bank Topics: Essentials of a valid contract, offer and acceptance
    Year and frequency →
  3. Minor as a Shareholder.
    Topics: Capacity of parties and minor's agreement
    Year and frequency →
  4. Wagering Contract.
    3× in bank Topics: Quasi-contracts and quantum meruit; Consideration, privity and standard-form contracts; Lawful object, wagering, contingent, void and voidable contracts
    Year and frequency →
  5. Remote Damages.
    Topics: Damages, penalty and duty to mitigate
    Year and frequency →
  6. Quasi Contract.
    2× in bank Topics: Quasi-contracts and quantum meruit; Essentials of a valid contract, offer and acceptance
    Year and frequency →
  7. Quantum Meruit.
    3× in bank Topics: Quasi-contracts and quantum meruit
    Year and frequency →
  8. Novation.
    6× in bank Topics: Discharge by performance, novation, remission and accord
    Year and frequency →

Part B · 15 marks

  1. 'All agreements are not contracts, but all contracts are agreements.' Discuss.
    3× in bank Topics: Quasi-contracts and quantum meruit; Consideration, privity and standard-form contracts; Lawful object, wagering, contingent, void and voidable contracts
    Year and frequency →
  2. 'Parties to a contract must be competent to contract.' Explain.
    Topics: Essentials of a valid contract, offer and acceptance; Capacity of parties and minor's agreement
    Year and frequency →
  3. Define the term 'Contingent Contract.' Discuss the rules relating to Contingent Contracts.
    Topics: Essentials of a valid contract, offer and acceptance; Quasi-contracts and quantum meruit; Lawful object, wagering, contingent, void and voidable contracts
    Year and frequency →
  4. State various ways in which a contract may be terminated.
    Topics: Essentials of a valid contract, offer and acceptance
    Year and frequency →

Part C · 10 marks

  1. 'A' invites 'B' to dinner B accepts the invitation but does not turn up at the dinner. Can 'A' sue 'B' for the loss he has suffered.
    Year and frequency →
  2. 'X' a minor borrowed from 'Y', a sum of Rs. 10,000 the payment of the loan was guaranteed by 'Z' who is a major. 'X' refuses to pay. Can Y hold 'Z' liable for the money?
    Topics: Capacity of parties and minor's agreement
    Year and frequency →
  3. 'M' an old man of poor sight endorsed a Bill of Exchange of Rs. 10,000/- thinking that it was a guarantee. Is 'M' liable to pay the amount?
    Year and frequency →
  4. 'X' agreed to let his hall to 'Y' for some public entertainment and the hall was destroyed by fire before the date of the event. Discuss.
    Year and frequency →