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Assignment - Business Law

The document contains assignments on various topics related to business law, including: 1) 6 case studies on contract law issues such as enforceability of agreements and remedies. 2) Questions about the Sale of Goods Act, including the definition of goods and implied warranties. 3) Topics on negotiable instruments like bills of exchange, promissory notes, and cheques. 4) Questions about the nature, structure, and partner restrictions of a Limited Liability Partnership.

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Neha Bhatia
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62 views

Assignment - Business Law

The document contains assignments on various topics related to business law, including: 1) 6 case studies on contract law issues such as enforceability of agreements and remedies. 2) Questions about the Sale of Goods Act, including the definition of goods and implied warranties. 3) Topics on negotiable instruments like bills of exchange, promissory notes, and cheques. 4) Questions about the nature, structure, and partner restrictions of a Limited Liability Partnership.

Uploaded by

Neha Bhatia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Institute of Innovation in Technology and Management

Assignments- Business Law

UNIT I

PRACTICAL PROBLEMS

Case 1: A Promises to pay B for Rs 500 if he (B) beats C, B beats C, but A refuses to pay. Can B
recover the amount?

Case 2:A forced B to enter into a contract at the point of pistol. What remedy is available to B.If
he does not want to be bound by the contract?

Case3:A tells B in the course of a conversation with him that he will give Rs 10,000 to anyone
who marries his daughter with his consent marries A’s daughter with A’s consent. Is he entitled to
recover this amount?

Case4: A intends to make an offer to B and tell C about it .C informs B of the contemplated offer

But A himself does not communicate the offer to B. B accepts the offer and informs A about the

Acceptance. Is there a contract between A and B?

Case 5: Ramu lost his purse containing several important documents. He advertised in a paper
that whosoever found out his lost purse, will be rewarded with Rs.500. Moti found the lost purse
and hand over it to Ramu. Can he claim his reward of Rs.500?

Case6: D took three loans of Rs.3000, Rs 2000 and Rs.1000 from M for which A, B and C
separately stood as sureties. D repaid only Rs 3000 and instructed to apply the payment towards
the first loan for which A stood as guarantor. What will be the extent of liabilities between co-
sureties?

Case7: A contracts to supply a specific car to B a month after the date of the contract. Within the
Month A sells the car to C. Thereupon B sues A for the breach of contract. A contends that he

Could still perform the contract by repurchasing the car from C.Is C’s Contention valid?
UNIT II

Ques1: Discuss the meaning and scope of the term ‘goods’ under the sale of goods Act, 1930.
State whether the following are goods or not? A) Lottery tickets B) Electronic TV signal C)
Money.

Ques2: Briefly explain the conditions and warranties implied by law in a contract for the sale of
goods.

Ques3: “The right of ‘stoppage in transit’ is an extension of an unpaid seller’s right of lien”.
Comment.

Ques4: A purchased a Hot water bottle from a retail chemist. The bottle could stand hot water but
not boiling water. When it was filled by A with boiling water, it burst and injured his wife A sues
for damages. Decide.

Ques5: State briefly the rules as to the passing of property from the seller to buyer in a contract
for the sale of goods.

UNIT III

Ques1: What do you mean by Negotiable Instruments? Discuss the difference between bill of
exchange and promissory note.

Ques2: Who are the parties to a bill of exchange, a promissory note and a cheque.

Ques3: Define cheque. Explain the types and effects of crossing made on cheques.

UNIT IV

Ques1: Explain the nature of LLP.

Ques2.Discuss the structure of an LLP.

Ques3What are the restrictions in respect of minimum and maximum number of partners in an
LLP?

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