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5927
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B.A.L. DEGREE EXAMINATION December 2014

(FIRST YEAR)

120. LAW OF CONTRACTS

Time: Three hours Maximum: 100 marks


Answer any SIX questions
All questions carry equal marks
1. Describe the essentials of a valid contract. When does an agreement
become void?
2. Discuss the law relating to the effect of mistake on contracts.
3. Explain, with illustration. What is meant by frustration of a contract.
4. What is meant by agency by ratification? What are the essential
conditions for creating such agency?
5. Define a cheque and distinguish it from a bill of Exchange.
6. Explain the nature of a contract of sale of goods and bring out clearly the
distinction between a sale and an agreement to sell.
7. State the difference between ‘Temporary’ and ‘Perpetual’ in junction,
mention the circumstances in which a perpetual in junction can be
granted and when they could not be granted.
8. “Stoppage in transit is an extension of the right of lien”. Discuss.
9. Write short notes on any TWO of the following:
a) Novation
b) Auction sale
c) Declaratory decrees
d) Right of a finder of lost goods
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