a) In the development of law two principles have striven for mastery. Firstly, no one can give a better title than he himself possesses. Secondly the person who takes in good faith and for value what notice must get a better title. Illustrate how the sale of goods Act reconciles the above principles.
b) The effect of material alternation of a negotiable instrument is to discharge all parties liable on it at the term of alteration. Comment starting alternations which are material and which are not.
problem 2: A surety is undoubtedly and not in justly, an object of some favor both at low and equity. Describe the statement.
problem 3: State the different methods, in which dissolution of partnership occur?
problem 4: The courts look with great favor on the right of Stoppage of goods in transit. On account of its intrinsic justice. describe.
problem 5: Examine the legal position conferring statutory protection on the paying and collecting banker.
problem 6: Illustrate the rules associating to passing of property under a contract for to sale of goods.
problem 7: Define Holder in due cause. What are his rights under the Negotiable instruments act?
problem 8: State the provisions under the Indian Partnership Act relating to the position of a minor in a partnership firm.
problem 9: prepare brief notes on any TWO of the given:
a) Bailer’s lien.
b) Dishonor of cheque.
c) Inchoate instrument.
d) Disabilities of unregistered firm.