Short Answer Questions – Topics
- What is Pledge?
- What is Surety?
- What are Negotiable Instruments?
- What is mean by a Sale?
- Explain Partnership.
- Explain Liability.
- What is a Property?
- What is Bailment?
- What is a Purchase?
- What is Indeminity?
- Explain concept of Warranties.
- What is Cheque?
- What is Payment in Due Cheque?
- Concept of Dishonor of Cheques.
- What is Contract?
- What are Implied and Explicit Conditions?
- What is man by Guarantee?
- What is mean by Agent?
- Explain the Concept of Caveat Emptor?
- Explain the concept of Registration of a Firm.
- What will happen if a Minor is a partner?
- What is General Lien?
Special Contracts – Important Essay Questions
- Explain the Essentials of Contract of Bailment.
- Explain and illustrate the distinction between Contract of Indeminity and Contract of Guarantee?
- Define Contract of Agency and Explain the relationship between Principal and Agent.
- Examine the rights and duties of an unpaid seller in the light of Indian Sale of Goods Act.
- Write a note on partnership firm and mode of partnership firms, duties and liabilities of the Partner.
- What do you understand about Negotiable Instruments? Write a note with suitable illustration.
- Why are Bills of Exchange Promissory Notes and Cheques called Negotiable Instrument? – Explain.
- What is a Contract of Indemnity? Illustrate your answer.
- “The surety is a favored Debtor” – Discuss.
- Define Bailment. Discuss the rights and responsibilities of a paid and a Gratuitous Bailee. How does a bailment differ from a pledge?
- Define Pledge. What are the respective rights and duties of Pawnor and Pawnee?
- Discuss the Doctrine of Caveat Emptor and Exceptions to it.
- “The law of partnership is but an extension of the law of principal and agent” – Explain.
- What is the Delegation of authority and Explain the Personal Liability of an Agent.
- Explain the effect of non-registration of a firm under the Indian Partnership Act.
- Write a brief note on Express and Implied conditions of a warranty according to the Indian Sale of Goods Act.
- What is an Indemnity and Explain the liability of the Indemnifier in a Contract.
- Define Guarantee and make a distinction between Contract of Indemnity and Contract of Guarantee.
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