File Details:

Questions:

1. Contract is an agreement enforceable at Law.
2. What is an agreement? When does it become a contract?
3. What is acceptance? How can acceptance be made?
4. What is Contingent contract?
5. What do you understand by performance of a contract?
6. What is Contract of Indemnity? What are its important features?
7. Define an unpaid seller. What are his rights?
8. Define the term Negotiable Instrument. Explain the characteristics of a Negotiable Instrument.
9. Explain Limited Liability partnership. Define Eligibility to be Partner and Relationship of Partners.
10. Define Contract and Explain the essentials of a valid contract.
11. How can an acceptance be revoked? Is there any limit of time after which an acceptance cannot be revoked?
12. Define Bailment and Discuss the essential elements of a contract of Bailment.
13. No Seller of goods can give the buyer of goods a better title to those goods than what he himself possesses. Examine the statement and mention whether there are any exceptions to this rule.