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Paper 201 · Semester 2 · Private Law

Law of Contract II

Indemnity, guarantee, bailment, pledge, agency, sale of goods and partnership under the Contract Act, Sale of Goods Act and Partnership Act.

Study Notes: 33 Chapters

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Syllabus Overview (5 Units · 33 Chapters)

Unit 1: Indemnity, Guarantee & Bailment

Contract of Indemnity · Contract of Guarantee · Rights and Liabilities of Surety · Discharge of Surety · Contract of Bailment · Rights and Duties of Bailor and Bailee · Termination of Bailment and Lien · Pledge

Unit 2: Agency

Contract of Agency: Definition and Creation · Rights and Duties of Agent · Delegation of Authority and Sub-Agent · Personal Liability of Agent · Relations with Third Parties and Doctrine of Apparent Authority · Termination of Agency

Unit 3: Sale of Goods: Formation & Conditions

Sale of Goods: Formation and Subject Matter · Sale Distinguished from Agreement to Sell and Other Transactions · Conditions and Warranties · Implied Conditions and Warranties · Doctrine of Caveat Emptor and Its Exceptions · Price and Hire Purchase Agreements

Unit 4: Sale of Goods: Property, Delivery & Remedies

Passing of Property in Goods · Sale by Non-Owner and Nemo Dat Quod Non Habet · Delivery of Goods · Rights and Duties of Seller and Buyer · Rights of Unpaid Seller · Remedies for Breach of Contract of Sale

Unit 5: Partnership

Partnership: Definition, Nature and Test · Formation and Registration of Firm · Relations of Partners Inter Se · Relations of Partners to Third Parties · Kinds of Partners and Minor as Partner · Reconstitution and Dissolution of Firm · Limited Liability Partnership