AEREN FOUNDATION'S Maharashtra Govt. Reg. No .: F-11724 [pic]
MARKS: 80 COURSES: GDM
SUB: CORPORATE REGULATION
N. W.: 1) Attempt any 12 Questions
2) Latter Questions are compulsory Queen. 1 . Inside the following claims only one is proper statement. Explain Briefly? (5)
i)An request to negotiate is a good give.
ii)A quasi-contract is not just a contract by any means.
iii)An agreement to consent is a valid contract.
Queen. 2 . A ship-owner consented to carry to cargo of sugar belonging to A from Constanza to Busrah. He knew that there was a sugar marketplace in Busrah and that A was a sugars merchant, yet did not realize that he designed to sell the cargo, quickly on it is arrival. Proudly owning to Shipment's default, the voyage was delayed and sugar fetched a lower value than it might have done got it arrived on time. A claimed reimbursement for the complete loss suffered by him because of the postpone. Give your decision. Explain In brief? (5)
Queen. 3. The proprietors of any medical preparing called the " Carbolic Smoke BallвЂќ published in several newspapers the subsequent advertisement: - " ВЈ 1000 prize will be paid by the Carbolic Smoke Ball Co. to the person who contracts the elevating epidemic autorit? after once they have used the Smoking Ball three times daily for 2 weeks relating to printed directions supplied with each ball. ВЈ multitude of is placed with the Bijou Bank demonstrating our sincerity in the matter. On the beliefs in this advertising campaign, the individual bought a Smoke Ball and used it as directed. The girl was attacked by autorevolezza. She sued the company intended for the reward. Will she succeed? Make clear Briefly(5) Queen. 4. Fazal consigned several cases of Chinese crackers at Kanpur to be taken to Allahabad on the 30th May, 1987. He designed to sell them at the Shabarat festival of 5th 06 1987. The railway found that the consignment could not always be sent by passenger teach and asked Fazal both to remove these people or allow their dispatch by items train. He took simply no action plus the goods reached Allahabad a month after they were booked. Fazal filed a suit against Railways pertaining to damages due to late delivery of the products which deprived him with the special profits at the celebration sale. Determine & clarify briefly? (5)
Q. five. вЂLifeoy' Cleansing soap company advertised that it gives a reward of Rs. 2150 who contracted skin disease after using the вЂLifeoy' soap of the company for the certain period according to the imprinted directions. Mrs. Jacob acquired the promoted вЂLifeboy' and contracted disease inspite of applying this soap according to the printed guidelines. She said reward of Rs. 2k. The claim can be resisted by company in the grass that offer had not been made to her and that whatever the case she had not communicated her acceptance from the offer. Determine whether Mrs. Jacob can claim the reward or perhaps not. Provide reasons. Describe briefly? (5)
Q. 6th. In each set of assertions, only one is proper. State the right statements & Explain in short ,? a)i)A bailee has a general lien within the goods bailed.
ii)The title of goods pawned passes to the pawnee. iii) A gratuitous bailment may be terminated by the bailor could the mentioned time.
b)i)A substituted agent is as good an agent with the agent as being a sub-
ii) An ostensivo agency can be as effective because an share agency. iii) A primary can always revoke a great agent's specialist. (5) Queen. 7. A, an outstanding seller, directs goods to B simply by railway. B becomes insolvent And A sends a telegram to Railway government bodies not to offer the goods to B. W. goes to the Parcel workplace of Train Yard and by presenting Ur. R. (Railway Receipt) takes delivery with the goods and starts adding them inside the cart. Meanwhile the Stop Master comes running together with the telegram available and takes possession of the goods from B....