Paper I

Law of Contract – II

Special contracts under the Indian Contract Act, sale of goods, and the law of partnership and limited liability partnership.

Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.

Unit I: Indemnity, guarantee, bailment and pledge

Contract of indemnity and contract of guarantee 3 cases Bailment and pledge 2 cases

Unit II: Agency

Appointment, authority and kinds of agents 2 cases Duties of agent and principal; termination of agency 2 cases

Unit III: Sale of goods: formation, conditions and warranties

Contract of sale, goods and formation 2 cases Conditions, warranties and caveat emptor 2 cases

Unit IV: Passing of property, nemo dat and unpaid seller

Transfer of property and risk; nemo dat quod non habet 2 cases Unpaid seller's rights 2 cases

Unit V: Partnership and limited liability partnership

Nature of partnership, relations of partners and third parties 2 cases Dissolution of firm and limited liability partnership 2 cases