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Business Law Model Question Paper 2

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Sifin Sabil
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1K views

Business Law Model Question Paper 2

Fuck off brother

Uploaded by

Sifin Sabil
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Question Paper 2

Part A: Short Answer Questions (2 marks each)

1. What is the definition of a valid contract?

2. Differentiate between express and implied contracts.

3. Explain the role of consent in contract formation.

4. What constitutes a breach of contract?

5. Describe the significance of revocation of an offer.

6. Define "bailment" and list its essential elements.

7. What are the circumstances under which a surety may be discharged from liability?

8. Outline the responsibilities of a pawnor in a pledge agreement.

9. Explain the difference between a sale and an agreement to sell.

10. Discuss the factors that lead to the discharge of a guarantee.

Part B: Descriptive Questions (5 marks each; answer any 6)

1. Analyze the different types of contracts and their respective legal effects.

2. Explain the concept of mistake in contract law and its potential impact on contract validity.

3. Discuss the duties and rigjhts of finder of goods.

4. Evaluate the impact of undue influence on the formation of contracts.

5. Describe the termination of agency and the consequences thereof.

6. Discuss the rights of an unpaid seller under the Sale of Goods Act.

7. Explain the importance of consideration in the context of contract law.

8. explain the term nemo dat quod non habit.

Part C: Extended Response Questions (15 marks each; answer any 2)

1. Examine the implications of capacity to contract and how it affects different categories of
individuals (minors, mentally incapacitated, etc.).
2. Discuss the principles governing contracts of indemnity and guarantee, emphasizing the rights and
liabilities of all parties involved.

3. Critically evaluate the performance and discharge of contracts, including the different ways a
contract can be discharged.

4. Analyze the concept of bailment, including the rights and duties of both bailor and bailee, and the
termination of bailment.

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