Osmania University · Faculty of Law
Law of Contract – II · August/September 2013
August/September 2013 · Law of Contract – II · Semester 2
FACULTY OF LAW
LL.B. (3 YDC) I - Year II - Semester Examination, August / September 2013
Subject: LAW
PAPER - I (LAW OF CONTRACT - II)
Code: 4507 | Time: 3 Hours | Max. Marks: 80
PART - A (5 x 6 = 30 Marks) — Write short notes on any five of the following.
1. Contract of Indemnity.
2. Bailment.
3. Pawnor.
4. Caveat emptor.
5. Surety.
6. Contract of Partnership.
7. Company as a Partner.
8. Reconstitution of Firm.
PART - B (2 x 15 = 30 Marks) — Answer any two of the following.
9. What is a "Contract of Guarantee"? What are its characteristics? Distinguish between a Contract
of Guarantee and a Contract of Indemnity.
10. What are the Rights of a Bailor against a Bailee when the later mixes his own goods with those
of the former?
11. Define "Agency". Explain the law relating to "Termination of Agency".
12. Explain the Definition and Nature of Partnership and discuss the Rights and Duties of Partners.
PART - C (2 x 10 = 20 Marks) — Answer any two of the following.
13. 'X' agrees to buy from 'Y' a cow. It turns out that the cow was dead at the time of the bargain
though neither party was aware of the fact. Is the contract valid.
14. 'A' delivers to 'B' a gas matter (meter) on 1 -3-2011 on sale or return basis. B returns it on
October 2011, but 'A' refuses to take it back and sues B for price. Will he succeed? Give the reasons.
15. 'A' directs his solicitor to sell his estate by auction. The solicitor employs an auctioneer for the
purpose. Is the auctioneer the sub-agent of 'A'.
16. 'B' borrowed from A Rs. 50,000/ - C, D, and E were co -sureties who have put themselves in the
sums of Rs. 10,000/- Rs. 15,000/- and Rs. 25,000/- respectively. Examine the right to contribution as
between the Sureties.