{"id":2854,"date":"2026-06-16T11:48:52","date_gmt":"2026-06-16T11:48:52","guid":{"rendered":"https:\/\/www.skilr.com\/tutorial\/?page_id=2854"},"modified":"2026-06-16T11:48:52","modified_gmt":"2026-06-16T11:48:52","slug":"contract-ii-specific-contracts-partnership-k-2004","status":"publish","type":"page","link":"https:\/\/www.skilr.com\/tutorial\/contract-ii-specific-contracts-partnership-k-2004\/","title":{"rendered":"Contract II (Specific Contracts & Partnership) (K-2004)"},"content":{"rendered":"\n

Overview:<\/strong> Builds on Contract I by covering special contract types (indemnity, guarantee, bailment, agency) and sale\/partnership law.<\/p>\n\n\n\n

Objectives:<\/strong> To examine specific contracts beyond general principles. Students learn how indemnity\/guarantee contracts function, the law of agency (creation and termination), and the law of sale of goods and partnership (governed by separate statutes).<\/p>\n\n\n\n

Outcomes:<\/strong> Students will define contracts of indemnity, guarantee, bailment, pledge; distinguish them and state their legal rules.<\/em> They will understand sale<\/em> under the Sale of Goods Act, passing of property and risk, rights of unpaid seller. They will grasp partnership principles<\/em> (Partnership Act, 1932): formation, mutual rights\/duties, and dissolution.<\/p>\n\n\n\n

Syllabus (Topics) \u2013 CCSU<\/strong>:<\/p>\n\n\n\n

    \n
  1. Indemnity and Guarantee:<\/strong>\u00a0Definitions (s.124-126 Contract Act); difference between them; rights of indemnity-holder; continuing guarantee.<\/li>\n\n\n\n
  2. Bailment & Pledge:<\/strong>\u00a0Bailment (s.148-181): rights\/duties of bailor\/bailee, finder of goods. Pledge (s.172-181): essentials (delivery), rights of pledgee.<\/li>\n\n\n\n
  3. Agency:<\/strong>\u00a0(s.182-238): Creation (express\/implied), authority of agent, duties, termination. (Example: principal liable for agent\u2019s acts within authority.)<\/li>\n\n\n\n
  4. Sale of Goods:<\/strong>\u00a0Definition (Sale of Goods Act, 1930); conditions vs. warranties; transfer of ownership (s.18-25); performance (delivery). Unpaid seller\u2019s rights (withholding, stoppage in transit, resale, lien, replevin).<\/li>\n\n\n\n
  5. Partnership:<\/strong>\u00a0Partnership Act, 1932. Essentials (section 4), registration (voluntary), rights\/duties of partners, relations to third parties, liabilities of firm, incoming\/outgoing partners. Dissolution (by notice, insolvency, etc.).<\/li>\n\n\n\n
  6. (Not in syllabus but often included: Compare joint stock companies vs partnerships in formation\/liability.)<\/li>\n<\/ol>\n\n\n\n

    Recommended Texts:<\/strong><\/p>\n\n\n\n

      \n
    • Anson on Contract<\/em>\u00a0(sec. on indemnity, etc.).<\/li>\n\n\n\n
    • Bangia, Contract Act<\/em>\u00a0chapters on these contracts.<\/li>\n\n\n\n
    • Moitra, Contract Act<\/em>\u00a0(Digest chapters).<\/li>\n\n\n\n
    • Narayena P.S., Law of Partnership<\/em>\u00a0\u2013 authoritative on partnership.<\/li>\n\n\n\n
    • Dr. Avtar Singh, Partnership & Companies<\/em>.<\/li>\n\n\n\n
    • Pollock & Mulla<\/em>\u00a0(contract and specific relief).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

      Overview: Builds on Contract I by covering special contract types (indemnity, guarantee, bailment, agency) and sale\/partnership law. Objectives: To examine specific contracts beyond general principles. Students learn how indemnity\/guarantee contracts function, the law of agency (creation and termination), and the law of sale of goods and partnership (governed by separate statutes). Outcomes: Students will define contracts of indemnity, guarantee,…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-2854","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nContract II (Specific Contracts & Partnership) (K-2004) - Skilr Tutorial<\/title>\n<meta name=\"description\" content=\"Start preparing and pass the Contract II (Specific Contracts & Partnership) (K-2004) Exam with the latest exam questions. 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