Eco-05 Solved Assignment 2012-13 Kentucky

Course Code : ECO – 05
Course Title : Mercantile Law
Assignment Code : ECO – 05/TMA/2017-18
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
1. a) Define „Offer‟ and „Acceptance‟. Differentiate between cross offer and invitation to offer
with suitable example.
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b) What is consideration? “Consideration need not be adequate”? Comment.
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2. a) What are void agreements? Explain “agreement in restrain of trade” and „agreement in
restraint of marriage‟ with examples.
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b) Who is a minor? “An agreement with minor is void-ab-initio”. Discuss?
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3. a) Differentiate between dissolution of firm and dissolution of partnership. How can a firm
be dissolved by an order of the Court?
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b) Can a minor be admitted in the benefits as a partner in a partnership firm? Explain his
position on attaining majority.
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4. a) Define condition and warranty in a contract of sale of goods, when condition be treated as
a warranty.
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b) Explain the duties of a bailee
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5. a) Explain the circumstances when an agent become personally liable.
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b) What is the difference between contract of indemnity and contract of guarantee?
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Eco-05-solved-assignment-2017-18
Course Code : ECO – 05
Course Title : Mercantile Law
Assignment Code : ECO – 05/TMA/2017-18
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
1. a) Define „Offer‟ and „Acceptance‟. Differentiate between cross offer and invitation to offer
with suitable example.
b) What is consideration? “Consideration need not be adequate”? Comment.
2. a) What are void agreements? Explain “agreement in restrain of trade” and „agreement in
restraint of marriage‟ with examples.
b) Who is a minor? “An agreement with minor is void-ab-initio”. Discuss?
3. a) Differentiate between dissolution of firm and dissolution of partnership. How can a firm
be dissolved by an order of the Court?
b) Can a minor be admitted in the benefits as a partner in a partnership firm? Explain his
position on attaining majority.
4. a) Define condition and warranty in a contract of sale of goods, when condition be treated as
a warranty.
b) Explain the duties of a bailee.
5. a) Explain the circumstances when an agent become personally liable.
b) What is the difference between contract of indemnity and contract of guarantee?
Eco-05-solved-assignment-2017-18

Ignou Eso-11 Free Solved Assignment 2012

4877 WordsOct 8th, 201220 Pages

IGNOU ESO-11 Free Solved Assignment 2012
Presented by http://www.IGNOU4U.Blogspot.com

Tutor Marked Assignment (TMA)
Programme Code: BDP
Course Code: ESO-11
Assignment Code: ESO-11/
AST/TMA/2011-2012

Section – I
Answer the following in about 500 words each.
1. Describe the major concerns of Sociology and discuss its nature and scope. 20
Solution: Sociology concentrated heavily on society and its major units and their dynamics. It has been striving to analyse the dynamics of the society in terms of organised patterns of social relations.
Firstly, the major concern of sociology is sociological analysis. It means the sociologist seeks to provide an analysis of human society and culture with a sociological perspective. He evinces his…show more content…

Outline the features of a complex society with suitable examples. 20

Solution: A complex society is a social formation that is otherwise described as a formative or developed state.[citation needed] The main criteria of complexity are the extent of a division of labour in which members of society are more or less permanently specialized in particular activities and depend on others for goods and services, within a system regulated by custom and laws, the population size of a human community; the larger the population, the more complex and variegated the co-existence of people tends to become. Social complexity in this sense thus refers typically to political complexity, specifically the presence of a hierarchy in the form of a ruling elite supported by bureaucrats, with associated paraphernalia such as administrative buildings and elite residences in urban or proto-urban population centres. Complex societies under this definition are also agricultural to provide the surplus required to support a social (non-food producing) elite. Explaining the origins of these types of social formations, which appear in many areas of the world, is one of the tasks of archaeology (see, e.g., History & Mathematics: Historical Dynamics and Development of Complex Societies).

There are, however, problems with the term "complexity" when used in this manner. It has been argued that using political organisation (or

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