Q1. When is a seller of goods deemed to be unpaid seller? Describe his rights against:
a) The goods
b) The buyer personally
Q2. What do you mean by Prospectus? Describe the consequences which follow in the case of issue of a prospectus having false statements on the strength of which shares are subscribed for?
Q3. Critically analyze the Doctrine of Privity of Contract with relevant cases.
Q4. Describe the objectives behind crossing of cheques?
Q5. Describe the various types of crossing of cheques?
Q6. Write detail notes on any two:
a) Quasi Contract.
b) Holder in the Due Course and his privileges.
c) Quorum.
d) Doctrine of Caveat Emptor.