IGNOU BCOC-133 December 2020 Previous Year Question Paper

Q1.(a) “Law of Contract is not the whole law of agreements nor is it the whole law of obligations.” Comment.

(b) Distinguish between :

(i) Void and Illegal agreements

(ii) | Executed and Executory contracts

Q2.(a) Discuss the circumstances under which an offer lapses.

(b) “Consideration need not be adequate, but it must have some value in the eyes of law.”

Q3.“An agreement in restraint of trade is void.” Discuss this statement giving exceptions to it, if any.

Q4.Discuss the various modes in which a contract may be discharged.

Q5.When can an aggrieved party file a suit for ‘specific performance’, an ‘injunction’ and ‘quantum meruit’. Explain and illustrate your answer.

Q6.(a) What is a Contract of Guarantee ? Discuss its special features.

(b) Distinguish between a Contract of Guarantee and a Contract of Indemnity.

Q7.What are the rights and duties of a finder of lost goods ? What is the nature of lien which the finder of lost goods has over the goods ?

Q8.What is agency by ratification ? What are the requisites of a valid ratification ?

Q9.Define the term ‘delivery’ in case of Sale of Goods Act. Discuss the rights of a buyer in case of

(i) short delivery,

(ii) delivery in excess of contract quantity, and

(iii) delivery of the contract goods mixed with other goods.

Q10.Write explanatory notes on any two of the following : 2x10=20

(a) Registration of Partnership Firm

(b) Condition and Warranty

(c) Inchoate Instruments

(d) Remedies for Breach of Contract