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    Cases 4

    Uploaded by

    Pooja Gupta
    This document contains 10 questions related to legal cases involving contracts, guarantees, and liabilities. The questions cover a variety of scenarios including: 1) A guarantee of up to Rs. 3,000 for trade debts by C to A, with B owing Rs. 5,000 and declaring bankruptcy. 2) A guaranteeing payment of a Rs. 5,000 loan from C to B, with payment made before the due date. 3) S agreeing without consideration to pay for goods sold by C to P if P defaults. 4) S guaranteeing the conduct of P employed at a bank, with the bank excusing a misconduct by P without informing S. 5) Liability

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    Cases 4

    Uploaded by

    Pooja Gupta
    14 views2 pages
    This document contains 10 questions related to legal cases involving contracts, guarantees, and liabilities. The questions cover a variety of scenarios including: 1) A guarantee of up to Rs. 3,000 for trade debts by C to A, with B owing Rs. 5,000 and declaring bankruptcy. 2) A guaranteeing payment of a Rs. 5,000 loan from C to B, with payment made before the due date. 3) S agreeing without consideration to pay for goods sold by C to P if P defaults. 4) S guaranteeing the conduct of P employed at a bank, with the bank excusing a misconduct by P without informing S. 5) Liability

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    Cases-4

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    This document contains 10 questions related to legal cases involving contracts, guarantees, and liabilities. The questions cover a variety of scenarios including: 1) A guarantee of up to Rs. 3,000 for trade debts by C to A, with B owing Rs. 5,000 and declaring bankruptcy. 2) A guaranteeing payment of a Rs. 5,000 loan from C to B, with payment made before the due date. 3) S agreeing without consideration to pay for goods sold by C to P if P defaults. 4) S guaranteeing the conduct of P employed at a bank, with the bank excusing a misconduct by P without informing S. 5) Liability

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    14 views2 pages

    Cases 4

    Uploaded by

    Pooja Gupta
    This document contains 10 questions related to legal cases involving contracts, guarantees, and liabilities. The questions cover a variety of scenarios including: 1) A guarantee of up to Rs. 3,000 for trade debts by C to A, with B owing Rs. 5,000 and declaring bankruptcy. 2) A guaranteeing payment of a Rs. 5,000 loan from C to B, with payment made before the due date. 3) S agreeing without consideration to pay for goods sold by C to P if P defaults. 4) S guaranteeing the conduct of P employed at a bank, with the bank excusing a misconduct by P without informing S. 5) Liability

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Q.1.

    ‘C’ guarantees A against trade debts to B contracted by B as a


    running balance of account to any amount not exceeding Rs. 3,000 and
    B becomes indebted to A for Rs.5,000. Afterwards, B is adjudged
    insolvent and a dividend of 50 paise in the rupee is declared. State the
    amount that A will get from C and from B’s estate.
    Q.2. C contracts to lend B Rs. 5,000 on 1st April, 2011. A guarantees
    payment. C pays Rs. 5,000 on 1st March, 2011. Is A liable if B makes a
    default?
    Q.3. C sells and delivers goods to P. S afterwards without consideration,
    agrees to pay for them in default of P. Is the agreement valid and
    enforceable?
    Q.4. S stands as a surety for the good conduct of P who is employed in a
    bank. P misappropriates some money but the bank excuses him without
    informing S of P’s misconduct. P again misappropriates. Is S liable to
    the bank?
    Q.5. A lends his motor car to B for a drive by him only. B allows his
    daughter C, who is an expert car driver to drive the vehicle. C drives the
    car carefully but its axle suddenly breaks and the car is damaged. Is B
    liable for the damage?
    Q.6. A asked B, an expert driver, to drive his car in order to show off for
    sale. B drove it unskillfully and collide it with a tree. Is B liable for the
    loss?
    Q.7. A gives some cloth to a tailor for making a suit of it. The tailor’s
    charges are settled at Rs.150. After the suit is ready A tenders Rs.150 for
    the charges but the tailor refuses to deliver the suit till A pays an old
    debt of Rs.30. Is the tailor entitled to do so?
    Q.8. A young couple invite a select gathering of relatives and friends for
    a party at a hotel to celebrate the first anniversary of their marriage. The
    attendant receives the umbrellas, walking sticks, etc., of the guests and
    keeps them in a room. One of the guests finds, when about to depart, his
    wife’s fancy umbrella missing. Advise him as to his loss?
    Q.9. A enters into a contract with B for buying B’s car as agent for P
    without authority. B repudiates the contract before P comes to know of
    it. P subsequently ratifies the contract and sues to enforce it. Advise B?
    Q.10. A power of attorney was given by P to A, his agent, to present a
    document for registration. P died before the document was presented for
    registration. The registrar was aware of the death of P and registered the
    document. Examine the position.

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