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Ignou Eco 5 Assignment Help

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 ECO 5 Solved Assignment 2017-18, IGNOU B.Com Solved Assignments:

The students who are pursuing B.Com programme from Indira Gandhi National Open University have to submit the IGNOU ECO 5 Solved assignment 2017-18 (Mercantile Law) for the current year. The ECO-5 is an Elective Course in Commerce. If they are unable to solve the assignment questions, they can contact us via email id or Whatsapp or phone. We will provide them with the proper solution of the assignment questions.

We have mentioned below the Programme name, Course Detail and the availability of solved assignment:

  • Year/ Session: 2017-18
  • Programme Name:  Bachelor Degree Programme (BDP), B.Com
  • Course Code: ECO-5
  • Course Name:Mercantile Law
  • Medium: English
  • Availability: Available

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