problem 1: An invitation to offer is not an offer. Comment on it.

problem 2: prepare down all the advantages of Private Company?

problem 3: When does a contract terminate by operation of law?

problem 4: What is meant by the term Performance of contract?

problem 5: prepare down all the Classes of partners.

problem 6: Define the term Consideration. An agreement without consideration is void, are there any exceptions to this rule, if so describe them.

problem 7: What do you mean by the term capacity of party to a negotiable instrument?

problem 8: What type of documents to be generated at the time of formulation of company? Describe the contents of articles of Association.

problem 9: Define the term Promissory note. What are its necessary elements?

problem 10: How is the contract of sale made? State in brief the needed formalities of such a contract with illustration.