Question: Notes: A. Reference of correct Sections along with reply is compulsory. B. Apply your own mind from given notes and guidance. C. Exactitude of legal

 Notes: A. Reference of correct Sections along with reply is compulsory.

Notes: A. Reference of correct Sections along with reply is compulsory. B. Apply your own mind from given notes and guidance. C. Exactitude of legal language is not required for comparative explanations. D. Support of examples and precedent cases is desirable. E. Teacher shall remain available for any clarity only. Question 1. What are the legal implications in Performance of Reciprocal Promises" and that "on the Consequences of Breach of Contract" under the Contract Act, 1872. (10) Question 2. After a detailed and careful study of the laws on the given topics, compare between the important aspects and write down in the form of comparative table the difference between Agency and Partnership on the following points: (15) a. b. C. Nature of agency and partnership, Relationship and duties / responsibilities of parties to one another, Responsibilities of parties to third persons, Grounds or reasons of Revocation or Dissolution, Liabilities of parties after Revocation or Dissolution. d. e

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!