Section A
Answer all the Questions:
10x2 = 20
1. What are the requirements of valid contract?
2. What is quasi contract? Give examples.
3. Short notes on difference between a contract of guarantee and a co
of indemnity.
4. What is meant by 'Anticipatory' breach of contract?
5. What is bailment? How is it different from pledge?
6. Define lien.
7. Define caveat emptor.
8. Define auction sale.
9. Define Del credere agent.
10. What is different between agent and servant?
Answers
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1. An offer, acceptance, consideration, competency and legal intent
2. Contract that is created by a court order, not by an agreement made by the parties to the contract.
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Answer: agent is a person who acts between a superior and a customer whiles a servant only server his/her boss or superior
Explanation:
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