Right of stoppage in transit


Q1. Explain who is an unpaid seller?

Q2. What do you mean by the right of stoppage in transit in respect of the sale of goods?

Q3. Differentiate between right of lien and right of stoppage in the transit.

Q4. No consideration, no contract. Are there any exceptions to this law? Describe.

Q5.The declaration of intention is not an offer. Describe.

Q6. Illustrate the meaning of crossing of a cheque? Describe the different types of crossing?

Q7. Differentiate between a Promissory Note and a bill of exchange.

Q8. Describe the Prospectus of a Company. Illustrate.

Q9. Illustrate the legal position of a Director in a Company.

Q10. Write detail notes on any two:

a) The doctrine of subsequent impossibility.
b) Articles of Association.
c) Extraordinary General Meetings.
d) The compulsory winding up of a company. 

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Business Management: Right of stoppage in transit
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