1. "An agreement enforceable by law is a contract." Discuss the statement explaining the essentials of a valid contract.

2. Distinguish between void contract & voidable contract.

3. Ajith invites Bharath to dinner. Bharath accepts the invitation. Ajith made elaborate arrangement but Bharath failed to turn up. Can Ajith sue Bharath for the loss he has suffered?

4. "An invitation to offer is not an offer." Elucidate the statement.

5. What do you understand by the term 'acceptance'? What are the essentials of a valid acceptance?

6. Harish says during a conversation to Suresh that he will gift Rs. 50,000 to the person who marries his daughter. Alok marries Harish's daughter and files a suit to recover Rs. 50,000. Will he succeed?

7. B offered to sell his car to A for Rs. 1,95,000. A accepts to purchase it for Rs. 1,90,000. B refused to sell the car to A for Rs. 1,90,000. Subsequently A agrees to purchase the car for Rs. 1,95,000 but B refused to sell the car. A sues B for the specific performance of the contract. Will he succeed?

8. "Insufficiency of consideration is immaterial; but an agreement without consideration is void". Explain.

9. "No consideration, no contract." Explain.

10. X, a social reformer, promised Y a reward of Rs. 5000 if he refrained from smoking for two years. Y does so. Is he entitled to the reward? 11.A minor fraudulently represented to a moneylender that he was of full age, and obtained a loan of Rs. 5000. Has the moneylender any right of action against the minor for the money lent, or for damages for fraudulent misrepresentation?

12. "For giving rise to a valid contract, there must be Consensus ad - idem among the contracting parties". Explain this statement and discuss the meaning of 'free consent'.

13. A sells a horse to B knowing fully well that the horse is vicious. A does not disclose the nature of the horse to B. Is the sale valid.

14.What do you understand by an illegal agreement? What is the effect of illegal agreements?

15.P, Q and R jointly promise to pay Z Rs.3,000. P and Q are not traceable. Can Z compel R to pay him in full?

16. "Although sharing of profits is an essential element of partnership, it is not the sole test." Comment.

17. Distinguish between partnership firm & companies.

18. What is partnership deed. State its main contents.

19. Can a minor be admitted to a partnership? If so, what are the rules governing his rights & liabilities? Discuss.

20. "The Indian Partnership Act has effectively ensured the registration of firms without making it compulsory." Comment.

21. Is registration of partnership firms' compulsory? What is the procedure for the registration of a firm? What are the consequences of non-registration of a firm? Discuss.

22. P enters into a partnership with R, a minor, for the benefits of R. Is the partnership valid?

23. State the liabilities (a) of a partner for the acts of the firm, (b) of the firm for wrongful acts of a partner & (c) of the firm for misapplication of money or property by a partner.

24. When can a partner be expelled? Discuss the rights & liabilities of an expelled partner.

25. A & B are partners in a business. A without the knowledge of B, acting within the general scope of his authority as a partner bribed C's clerk & induced him, in breach of his duty to his employer, to disclose some secrets relating to C's business. C as a result suffers loss. Is B liable for the acts of A?