Question Bank

UNIT 1

1. "An agreement enforceable by law is a contract." Discuss the definition and explain the essentials of a
valid contract.

2. "All contracts are agreement, but all agreements are not contracts". Discuss the statement explaining
essential elements of a valid contract.

3. Distinguish between

1. void and voidable contracts

2. void agreements and void contracts

3. void and illegal agreements

4. Define the term 'offer' and explain the legal rules for a valid offer.

5. An invitation to offer is not an offer. Explain the statement.

6. Discuss the circumstances in which offer lapses and stands revoked.

7. Explain 'acceptance' and the essentials of a valid acceptance.

8. Mere mental acceptance, not evidenced by words or conduct is no acceptance. Explain.

9. Discuss briefly the law relating to communication of offer, acceptance and revocation.

10. Define consideration and explain the essentials of a valid consideration.

11. "Insufficiency of consideration is immaterial, but an agreement without consideration is void."

Explain.

12. "A stranger to consideration can sue but a stranger to contract cannot sue." Explain the statement.

13. Explain the exceptions to the rule of "NO consideration, No contract".

14. Explain the exceptions to the doctrine of privity.

15. Discuss the provisions of law relating to minor's agreements.

16. Explain who all are included in persons with unsound mind and what is the effect of agreement
made by such persons.

17. Explain who all are disqualified from law to enter into a contract.

18. Is a minor bound on his agreement for necessaries? Also discuss if minor can plead his infancy after
entering into a contract.

Q19. "For giving rise to a valid contract, there must be consensus ad idem." Discuss the meaning of free
consent for a valid contract.
Q20. When is the consent said to be given under coercion? Explain the effect of coercion for contracting
parties.

Q21. Who is said to have a dominant position in case of a contract arising from undue influence? Explain
the effect of undue influence on the validity of a contract.

Q22. Define the term fraud and differentiate it from misrepresentation. Also explain the effect of fraud
and misrepresentation on the validity of the contract.

Q23. "Mere silence as to facts is not fraud." Explain with illustration.

Q24. Discuss the law relating to the effect of "mistake" in contracts.

Q25. "A contract caused by unilateral mistake may be valid, voidable or void." Explain.

Q26. State briefly the various modes in which a contract may be discharged.

Q27. What is meant by attempted performance or tender. State the essentials of a valid tender.

Q28. Discuss the law relating to discharge of contract by mutual consent.

Q29. "Impossibility of performance is as a rule, not an excuse for non-performance of a contract."

Discuss.

Q30. Explain briefly the remedies available for the breach of the contract.

UNIT 2

Q31. Define a company and explain the characteristics of a company.

Q32. Explain the concept of separate legal entity with the case of Salomon vs Salomon & CO. Ltd.

Q33. Explain the concept of lifting of the corporate veil and under which circumstances the corporate
veil will be lifted?

Q34. Write short notes of

1. private company

2. public company

3. one person company

Q35. Explain the steps for the formation of the company.

Q36. Define a prospectus and discuss the effect/liability in case of a misleading prospectus. (remedies
available to the parties.

Q37. Explain the contents of MOA.

Q38. Explain the doctrine of ultra vires.

Q39. What is the effect of ultra vires transaction?

Q40. Explain the concept of articles of association?

Q41. Differentiate between MOA and AOA.

Q42. Explain the doctrine of indoor management. Discuss its exceptions.

Q43. Write an explanatory note on company’s meeting.

Q44. Write an explanatory note on ordinary and special resolution.

Q45. Discuss the qualifications, powers and duties of Board of directors.

Unit 3

Q46. Explain the essentials of a contract of sale.

Q47. Differentiate between sale and agreement to sell.

Q48. Explain the concept of conditions and warranties.

Q49. Discuss the doctrine of caveat emptor.

Q50. Explain the rights of unpaid seller.

Q51. Explain the rules related to transfer of property by non-owners.

Q52. What are the rights of consumers.

Q53. Discuss the duties and powers of Central consumer Protection Authority.

Q54. Discuss the scope and applicability of consumer protection act.

Q55. What is the procedure for filing a complaint under consumer protection act.

Unit 4

Q56. Discuss the meaning and nature of LLP.

Q57. Differentiate between

1. LLP and company
2. LLP and partnership

Q58. Explain the LLP agreement.

Q59. Explain the law regarding the partners and designated partners in LLP.

Q60. Discuss the extent and limitation of liability of LPP.

Q61. What are the legal rules regarding partners and their relations.

Q62. Explain the difference between electronic signature certificate and digital signature certificate.

Q63. Explain the duties of subscribers.

Q64. Write an explanatory note on Appellate tribunal.

Q65. Explain the attribution, acknowledgement and dispatch of electronic records.

Q66. Discuss the penalties and adjudication under IT act 2000.

Q67. Explain the regulation of certifying authorities.

Q68. Discuss the concept of digital signature certificate.