Monday, December 07, 2009

Practical Problems_Sales of Goods Act_8

R gives his umbrella to M during raining season to be used for two days during Examinations. M keeps the umbrella for a week. While going to R’s house to return the umbrella ,M accidently slips and the umbrella is badly damaged. Who bear the loss and why?

Contract Act_Practical Problems_111

X buys from Y a painting which both believe to be the work of an old master and for which X pays a high price. The painting turns out to be only a modern copy .Discuss the validity of the contract?