Special Contracts
Maharshi Dayanand Saraswati University · LL.B. Semester 2 · LL.B/202
Unit 1 — Indian Contract Act, 1872 (Section 75 onwards)
A. Contract of Indemnity and Guarantees: · 1. Meaning, Distinction between indemnity and guarantee and Kinds of guarantees, · 2. Rights of indemnity holder, · 3. Rights of the surety, extent of liability of the surety · 4. Discharge of liability of the surety · B. Contracts of Bailment and Pledge · 1. Meaning and kinds of contract of Bailment, Bailment without consideration · 2. Rights and duties of bailee and bailor · 3. Termination of contract of Bailment. · 4. Position of the finder of goods under law. · 5. Contract of pledge-meaning and definition, Pledge by unauthorized persons. Rights and duties of pawner and pawnee
Unit 2 — Contract of Agency
A. Definition, kinds and modes of creation of Agency · B. Relations between · 1. The Principal and Agent · 2. The Principal and Third Party · 3. The Agent and The Third Party · C. Determination of agent's Authority · 1. By the acts of parties · 2. By operation of Law, Irrevocable authority
Unit 3 — The Sales of Goods Act, 1930
Contract of Sate of Goods · A. Sale- Meaning, Definition and Elements · B. Agreement to sell, hire-purchase agreements and a contract for work and labour- meaning and distinctions from sale and agreement to sell. · C. Goods-existing, future and contingent. · D. Conditions and warranties. · E. Passing of Property and risk from seller to buyer · F. Sale by unauthorized person. · G. Law relating to performance of sale, · H. Rights of unpaid seller.
Unit 4 — The Indian Partnership Act, 1932
Contract of Partnership: · A. Meaning, definition, formation and the characteristics of contract of partnership. · B. Distinction between: · 1. Co-ownership and partnership; · 2. Joint Hindu Family, firm and partnership; · 3. Company and partnership; · C. Position of Minor. · D. Relations of partners inter se and relation of partners with third parties · E. Registration of partnership firm · F. Dissolution of partnership firm
- Forms of business organization
- 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 5 — The Negotiable Instrument Act,1881
A. Definition and characteristic of Negotiable Instruments, · B. Types of Negotiable Instruments- Promissory Note, Bill of Exchange and Cheque · C. Liabilities and Capacity of Parties of Negotiable Instrument · D. Holder and Holder in due course · E. Transfer and Negotiation of Negotiable Instrument · F. Crossing of Cheques and payment · G. Dishonour of Cheques