IQ
Important Questions — Commercial Law (Sem I)
Government College Ludhiana East — Created by Jeevansh Manocha. Click a question to open its page.
1. “All Contracts are Agreements but all Agreements are not Contract". Discuss this statement. OR Explain the essential elements of a valid contract?
15 marks
2. Difference between Void agreement, voidable contract and void contract.
15 marks
3. "Ex Nudo Pacto Non Oritur Actio". Discuss. OR Explain the exceptions to General Rule of Section 25.
15 marks
4. “No consideration no contract” Explain its meaning essentials and exceptions?
15 marks
5. What are the various essentials of both offer and acceptance?
15 marks
6. Who is competent to enter into a contract? Discuss the position of Minor in this to form a valid contract.
15 marks
7. “There must be a meeting of minds of the parties" Explain and illustrate this statement.
15 marks
8. “Mere silence is not a fraud” Explain.
15 marks
9. What are the various modes of discharge of contract?
15 marks
10. What are the remedies available for breach of contract?
15 marks
11. Explain Quantum meruit.
15 marks
12. What are the rights of the surety? How the surety is discharged?
15 marks
13. “A stranger to the contract cannot sue” Explain meaning and exceptions?
15 marks
14. “All illegal agreements are void but all void agreements are not illegal” Explain?
15 marks
15. Explain the rights and duties of the Bailor and Bailee or Pawnor and Pawnee.
15 marks
16. What do you mean by Agency? How the agency can be created and terminated?
15 marks
17. What is the procedure to obtain information under RTI Act? Which type of information is not to be disclosed under this Act?
15 marks
18. Explain meaning of Tender Performance? What are the rules regarding Tender Performance?
15 marks
19. What do you mean by Valid Ratification? Explain the essentials of valid ratification.
15 marks
20. How to file complaint of RTI? Which information is disclosed?
15 marks