Part II (CLO2) Question No. 2 a) Mr. A buys some goods from Mr. B against the consideration of Rs. 50,000/- and do not pay him the same, instead he sells the same goods to Mr. C for Rs. 60,000/- Draft a bill of exchange in accordance with legal specimen containing all the essential ingredients by which Mr. B could discharge from his liability towards Mr. A, and Mr. C could discharge from his liability towards Mr. B. Also adjust the remaining amount of Rs. 10,000/- for which Mr. A is entitled b) We say that "The relationship between the partners is of agency". However there exists something in partnership which differentiates it from agency with regard to the liabilities. Identify and explain that factor with the help of examples. Part II (CLO2) Question No. 2 a) Mr. A buys some goods from Mr. B against the consideration of Rs. 50,000/- and do not pay him the same, instead he sells the same goods to Mr. C for Rs. 60,000/- Draft a bill of exchange in accordance with legal specimen containing all the essential ingredients by which Mr. B could discharge from his liability towards Mr. A, and Mr. C could discharge from his liability towards Mr. B. Also adjust the remaining amount of Rs. 10,000/- for which Mr. A is entitled b) We say that "The relationship between the partners is of agency". However there exists something in partnership which differentiates it from agency with regard to the liabilities. Identify and explain that factor with the help of examples