Contract-II moves from the general principles of contract to the specific contracts used in everyday commerce. Dr. R.K. Bangia’s Contract-II is arranged in three parts.
Part One – Specific Contracts
- Contracts of Indemnity and Guarantee
- Bailment and Pledge
- Agency
Part Two – Partnership
- Nature and Definition
- Types of Partnerships and Partners
- Relations of Partners Inter Se
- Relations of Partners to Third Parties
- Incoming and Outgoing Partners
- Dissolution of a Firm
- Registration of Firms
- Limited Liability Partnership
Part Three – Sale of Goods
- Contract of Sale – Nature and Definition
- Conditions and Warranties
- Transfer of Property and Title
- Performance of the Contract
- Rights of Unpaid Seller against the Goods
- Suits for Breach of Contract
- Auction Sales and Taxes
- The Hire-Purchase Act, 1972
How to Study It
- Part One builds directly on Contract-I, so revise consideration and free consent before you start.
- In Partnership, the key topics are the relations of partners with each other and with third parties (Chapters 3-4) and dissolution (Chapter 6). the chapter on Limited Liability Partnership covers the modern business form.
- In Sale of Goods, conditions and warranties, transfer of property and the unpaid seller’s rights (Chapters 2, 3 and 5) are the core.
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