Question Bank – IMA V
& BBE III
IMA- 5001 Commercial Law and BBE - Business
Law
Session – MO/2014
1.
Define contract? What are the
essentials of a valid Contract
2.
Define a) Agreement b) Contract
c) consideration
3.
How an agreement is different
from a contract.
4.
What do you mean by ‘Intention
to Create legal relationship’ explain with the help of suitable cases.
5.
Briefly explain regarding the
contracts expressly declared to be void (void agreements)
6.
“All contracts are agreements
but all agreements are not contracts” explain the statement and support your
answer.
7.
What do you mean by performance
of contract? Explain
8.
Discuss the various ways of
discharge of a contract.
9.
What do you mean by breach of
contract? Explain the difference between actual breach and anticipatory breach
10.
What are the remedies available
in case of breach of a contract? Explain in brief.
11.
Discuss with the help of
examples the various types of damages.
12.
Define Indemnity. Discuss its
essentials features.
13.
Define Guarantee. Discuss its
essentials features.
14.
Define Bailment. Discuss its
essentials features.
15.
Define pledge. Discuss its
essentials features.
16.
Define agency. Discuss its
essentials features.
17.
Write Definition and discuss
the essential of a contract of sale.
18.
How Sale is distinguished from
agreement to sell.
19.
Define conditions and
warranties.
20.
Discuss the differences between
conditions and warranties.
21.
Define performance of sales
contract.
22.
Define delivery discuss the
types of delivery
23.
Discuss in detail the various
legal modes of delivery.
24.
Write a note on acceptance of
delivery by buyer.
25.
Performance of contract of
sale.
26.
Define Partnership? What are
the essentials of partnership?
27.
How do we do the test of a
partnership firm to know its existence as a ‘Partnership Firm?
28.
Differentiate between partnership
and company.
29.
Write a detailed note on the
formation of a partnership firm.
30.
Discuss the various ways of
dissolution of a partnership firm.
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