Business Laws and Business Correspondence and Reporting - December 2021

(a) A,B, CandD are the four partners in a firm. They jointly promised to pay = 6,00,000 to F. B and C have become insolvent. B was unable to pay any amount and C could pay only = 50,000. A is compelled to pay the whole amount to F. Decide the extent to which A can recover the amount from D with reference to the provisions of the Indian Contract Act, 1872. (4 Marks) PDZ-H 1NOy (2) PDZ-H (b) AK…

(a) @ TK ordered timber of 1 inch thickness for being made into drums. ‘The seller agreed to supply the required timber of 1 inch. However, the timber supplied by the seller varies in thickness from 1 inch to 1.4 inches. The timber. is commercially fit for the purpose for which it was ordered. TK rejects the timber. Explain with relevant provisions of the Sales of Goods Act, 1930 whether TK can reject, the timber. 7 (3 Marks) PDZ-H PIO…

4. (a) aeq fim afte 1930 % aranta faoht ed feces H ore ere FI (6 3t%) (bo) aaré wen Prafetad aisardt 2? (6 3) @ Adit Bm ae & Sam cat 3 at fH ean sit GAS feat A sear HS val ede rafts ora feel A at aa ar Sat 3 wa A ete ae @ ste ona st ATER ate cia I Gi) dud fad wee tt 12 widen 8 sera & ak TH we TA 2…

TKA gaan 4 vam eA ae 1 gs A cast or one fea fase 1 $a Ae ah wed At oft & fare wena Sam aa fer fase arr yf At wg cemet AI Hers 1 FAS 1.4 ea om At of) cami wr a wend om aard & fore wet oh TK amet ated ae Ba 2) aed fama oifttftan, 1930 % maul h aqan sand a TK cent oreo at Tae 2? (3 i) (i) AB? CD 4…

6. (a) affa sera a en afte 2? area set after 1872 & ager ala sare At at di fagtrant aarg ; (5 3) (bo) ‘arat ar dare emt aidert & Pato a Forte war za 37) feet Afar (4 3t%) _© BC Private Limited sit sett wer Fer KL Private Limited * Wa PQ Private Limited % ₹42: 90,000 sit 70,000 it Z| PQ Private Limited # yea Ys = 30 waz (3 are aaa sar oft 210 yh…