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Group B: Each answer should not exceed 400 words (2x10= 20 Marks)
6. A and B purchased a Taxi to ply it in partnership. They plied the taxi for a year. When A,
without the consent of B, disposed of the Taxi B brought an action to recover his share in
self-proceeds’. A resisted B’s claim on the ground that the firm was not registered. Will B
succeed in his claim?
7. A found a watch on the road and had it repaired, paying Rs.20 as repair charge and then
pledged it for Rs.50.Can the real owner recover the watch from pledgee?
Group C: Answer should not be more than 600 words (10 Marks)
8. Explain the concept of Agency. When is an agent personally liable for the acts done by him
for his principal?