Special Contracts (Law of Contract – II)
Cochin University of Science and Technology · LL.B. Semester 2 · 20-271-0204
Unit I — Contract of Indemnity and Guarantee
Indemnity & Agency · Definition · Types · Rights and liabilities of the Indemnifier,Indemnified · Guarantor · Surety · Continuing guarantee · Nature and duration of liability · Discharge
Unit II — Contract of Agency and Bailment
Agency · Kinds of agency · Types of agents · creation of agency · rights, duties and liabilities of agents · liability of principal for act of agents · Termination of agency · Contract of Bailment and Pledge · Definition · rights and liabilities of Bailor and Bailee · rights and liabilities of Pawner and Pawnee.
Unit III — Partnership Contracts
Partnership · nature and creation · Types of partnership · Relationship of partners · authority of partners · Rights and liabilities of partners · Admission of new members · Partnership property · Registration & dissolution of partnership.
- Definition of Partnership & Essentials Kinds of Partnership Partnership Property
- Rights and Duties of a Partner
- Implied Authority of a Partner
- Minor Admitted to the benefits of Partnership Incoming and Outgoing Partner Registration of Partnership Firm Dissolution of Partnership
- Public Notice in case of Partnership
Unit IV — Contract for sale of Goods
Sale of goods · goods-Types · Concept of sale · Subject matter of sale · Conditions and warranties · Passing of property and risk · Delivery of goods · rights of unpaid seller · Remedies for breach.
Unit V — Negotiable Instruments
Negotiable instruments · essential requirements · Promissory notes, Bill of Exchange and Cheques · Holder in due course.