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ECO-05 Mercantile Law in English SOLVED ASSIGNMENT 2018-19

100.00 60.00

Course Code: ECO-05
Course Title : MERCANTLE LAW
Assignment Code: ECO-05/TMA/2018-19
Coverage : All Blocks

Description

ECO-05 Solved Assignment 2018-19

Course Code: ECO-05
Course Title : MERCANTLE LAW
Assignment Code: ECO-05/TMA/2018-19
Coverage : All Blocks

Title Name ECO-05 Mercantile Law Solved Assignment 2018-19
University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Course BCOM
Language ENGLISH
Semester 2018-2019 Course: BCOM
Session 2018-19
Short Name ECO-05 (ENGLISH)
Assignment Code ECO-05/TMA/2018-19
Product Assignment of BCOM 2018-2019 (IGNOU)
Submission Date before March 31th, 2019 for the session July, 2018 and
before September 30th, 2019 for the session January 2019
Price RS. 150

Attempt all the questions.
Q.1 (a) “A contract with a minor is void ab-initio” Explain? Can a minor become an agent
and a partner? 6+2+2
(b) Define consideration. Are there any cases where a contract without consideration
is valid? Explain with examples. 2+8
Q.2 (a) Distinguish between fraud and misrepresentation. What are their effects on the
validity of a contract? 5+5
(b) Point out the difference between a contract of indemnity and a contract of
guarantee. 10
Q.3 (a) What is an agency? When an agent is personally liable? 3+7
(b) What are the grounds on which a partnership firm is dissolved? Explain. 10
Q.4 (a) Distinguish between ‘Bailment’ and ‘pledge’. Can “non-owners create a valid
pledge”? Explain. 10+6
(b) Who is an unpaid Seller? 4
Q.5 (a) Distinguish between ‘general lien” and ‘particular lien’. 10
(b) Explain the different remedies available to an aggrieved party for breach of a
contract.
ECO-05, ECO-5, ECO 05, ECO 5, ECO05, ECO

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