Law of Contracts - II
Hidayatullah National Law University · LL.B. Semester 2 · LLB-C-207
Unit I — CONTRACTS OF INDEMNITY & GUARANTEE
Meaning and Definition of Indemnity · Nature and Extent of Liability of Indemnifier · Commencement of liability of the indemnifier · Right of Indemnity — Holder When Sued
Unit II — CONTRACTS OF GUARANTEE
Definition of Guarantee and · Fiduciary Role of Surety, Principal Debtor and Creditor · Rights and Liabilities of Surety and Co-Sureties · Continuing guarantee and Revocation of Continuing Guarantee · Discharge of Surety
Unit III — CONTRACTS OF BAILMENT
Concept of Bailment · Rights & Duties of Bailor & Bailee · Non-Contractual Bailment · Role of Finder of Lost Goods · Termination of Bailment
Unit IV — CONTRACTS OF PLEDGE
Concept of Pledge · Pledge v Bailment – Pledge as a special category of bailment · Rights and Duties of Pawner · Rights and Duties of Pawnee · Pledge by Non-Owners
Unit V — CONTRACT OF AGENCY
Agency & Agents: Concepts & Classification · Principal & Agents: Role / Rights & Duties · Modes of Creation of Agency · Sub-Agency & Co-Agency · Termination of Agency
Unit VI — CONTRACTS FOR SALE OF GOODS
Goods, Sale of Goods v. Agreement to Sell · Contract of Sale of Goods : Formation / Performance / Effect · Conditions and Warranties · Rights of Unpaid Seller · Suits & Remedies for Breach of Contract of Sale