If you are on this Page You Want to Download IGNOU ECO 05 Important Questions 2021 Mercantile Law. In this section, You will find all the Exam important Questions of all courses which are divided by the Section “SEMESTER WISE”.
First of all, I will tell you that why Important Questions are so important. Here are some points-:
- Makes the revision process quick
- Improve memory
- Important Question increase attention to learn
- Organize study material
- Separate key points from supporting material
IGNOU ECO-05 Important Questions Download in English Medium
| S.No | Important Question Of Try to Solve These Questions |
| 1 | ‘‘An agreement in restraint of trade is void.’’ Discuss the statement giving exceptions to it, if any. |
| 2 | Who is a minor ? Discuss with suitable illustrations the law relating to validity of contracts with minor. |
| 3 | ‘‘An agreement in restraint of trade is void.’’ Discuss the statement giving exceptions to it, if any. |
| 4 | What is a contract of guarantee ? Discuss the extent of surety’s liability. |
| 5 | Define partnership. What are the essential elements of a partnership ? |
| 6 | Define a contract. What are the essentials of a valid contract ? |
| 7 | Distinguish between a Contract of Indemnity and Contract of Guarantee. |
| 8 | Define bailment. What are the duties of a bailor and bailee. |
| 9 | What is an agency ? When is an agent personally liable ? |
| 10 | Define Consideration. When is consideration not necessary ? Explain in detail. |
| 11 | Define fraud and its effect on contract. How does it differ from misrepresentation ? |
| 12 | Distinguish between a ‘sale’ and an “agreement to sell’. |
| 13 | Discuss the rights of an agent. |
| 14 | Define offer. Explain the essential elements of a valid offer. |
| 15 | What is Consideration ? “Consideration need not be adequate.” Explain with the help of examples. |
| 16 | Define ‘bailment’ and ‘pledge’. When can a non- owner make a valid pledge ? Explain |
| 17 | Define Partnership. What are the effects of non- registration of partnership ? Discuss |
| 18 | What is agency by ratification ? What are the essentials of a valid ratification ? |
| 19 | Discuss implied conditions in a contract of sale. |
| 20 | What are the various types of consideration ? When is consideration not necessary ? Explain. |
IGNOU ECO 05 Short Important Questions Download in English Medium
| S.No | Important Question Of Try to Solve These Questions |
| 1 | |
| 2 | |
| 3 | |
| 4 | |
| 5 | |
| 6 | |
| 7 | |
| 8 | |
| 9 | |
| 10 |
Important ECO 05 Questions Download in Hindi Medium Medium
Ignou Divided their Books into the block and it looks like so much to study. So now you Guys Don’t Need to Worry about Learning. We are here to provide you all the important Questions of all Courses and Subjects Separately & absolutely free.
In this Important Question, you will cover all the Important Topics, Question, Chapter summary, Book Question, and Many More kinds of Stuff.
You can read or download these Notes as per your requirements. We will provide the link to download and also attached the file if you don’t want to download it.
Click Here
How to Download ECO 05 Important Questions Mercantile Law –
Here are the steps to download the ECO 05 Important Question:
- Choose Your Important Question
- Click on the Important Question Link.
- The Semester wise Important Question page is Open and Now Choose as you want
- Click on the Download Link
- And Print or save PDF of study material on your phone or laptop.
Important Question Disclaimer:
All these Important Questions are prepared by the Ex-Ignou & Present ignou Bonafide Students. Their Experiences are really going to help you to score 80+ in your TEE.
With all this information, We also Clarify here that everything here (Notes, Assignment, Old Questions, And Important Question) are made by Using IGNOU Books and Also Internet sources.