Imp 2 Marks Quesrions Contract-2

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Important 2 marks questions for Contract Act - 2.

1. What is the meaning of Symbolic Delivery? (211)

2. What do you mean by Agent?

3. Explain documents of Title to goods? (87)

4. Define Pledge

5. What is meant by “Act of a Firm”?

6. Define contract of Sale?

7. Who is a Bailee?

8. What is a Contract of Indemnity?

9. Can a specific guarantee be revoked?

10. Who is a Principal Debtor?

11. Distinguish between indemnity and Guarantee

12. Define the term Bailment as per Indian contract act 1972 and kinds of bailment?

13. State 2 points of distinction between general lien and particular lien.

14. State 2 points of distinction between pledge and lien

15. Distinguish between Partnership firm and a Hindu Undivided family? (2 points)

16. Give any 4 general duties of partners.

17. When does compulsory dissolution of a partnership firm become unavoidable?

18. What is the remedy for the breach of warranty?

19. What is the main meaning of sale or return basis?

20. What would be the impact of insolvency or death of a partner on the

partnership firm?

21. What is the consideration in a contract of Guarantee?


22. What is substituted agency?

23. Give various types of partner?

24. Who is a holding out partner?

25. Briefly mention the difference between a sale and an agreement to sell goods?

26. What is the mode of determining existence of a partnership firm?

27. What is the meaning of Special lien?

26. What is the conclusive test of an agency?

27. What is the meaning of gratuitous bailment?

28. What are the implied conditions as to the title of goods?

29. What is the meaning of auction sale?

30. Who is Del Credere Agent? (87)

31. Which are the 3 important reasons why you will advise registration of a

partnership firm?

32. Define Pawn?

33. Will you advice to register a partnership firm?

34. Explain Hire Purchase

35. What is reserve price?

36. Give various types of agents

37. What are the four situations require public notices as per section 72 (a) of Indian

Partnership Act, 1932?

38. Define goods under the sale of Goods act 1930?

39. Dissolution of a firm by court order (45)

40. Discharge of surety

41. Effects of mixture of goods without bailors consent


42. Minor as agent or as principal

43. Agents authority in an emergency

44. State any 2 rights of surety against the creditor.

45. Define Bailor & Bailee?

46. Explain partners authority in emergency

47. State any two grounds on which a firm can be compulsorily dissolved?

48. What does Future goods mean under sale of goods act 1930?

49. Who is a mercantile agent under sale of goods act 1930?

50. State the circumstances in guarantee becomes invalid?

51. Partnership at Will

52. What is contract of guarantee?

53. Define Lien and state types of lien are there?

54. What is agreement to sale under sale of goods act 1930?

55. What is meant by payment and delivery are concurrent conditions?

56. Define Pawnee. What does a pawnee have a right of retainer?

57. What is the position when there is delivery of wrong quantity of goods?

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