Question 1:
Explain Bailment by quoting an appropriate example and discuss the Essentials/Features of Bailment visà -vis the quoted example?
Question 2:
A departmental store gives in service training to its salesman which is followed by a test. The management is considering whether it should terminate the services of the salesman who did not do well in the test. The following table gives the test scores, and the sales made by the salesman.
Test scores: 14 19 24 21 26 22 15 20 19
Sale (in Rs 1000): 31 36 48 37 50 45 33 41 39
Calculate the correlation between the test scores and sales. Does it indicate that the termination of services for low test scores is justified? If the firm wants a minimum sales volume of Rs 30,000 from each sales man, what are the minimum test scores indicating termination of the service?
Question 3:
X’ had visited a leading E-Commerce Website to purchase a Mobile Smartphone for Rs.35, 000/-. The steps of the transaction were as follows:
i. X visits the E-Commerce Website (“Website”) and searches for a Mobile Smartphone listed on the Website;
ii. X selects the desired Mobile Smartphone and checks the price, which displays at Rs.35, 000/-. The price is an all-inclusive price and includes taxes and other charges.
iii. X then adds the selected product to the E-shopping Cart and fills in the relevant details for registration and purchase. Thereafter, ‘X’ proceeds to do the payment for the selected Mobile Smartphone;
iv. On completing the payment formalities, the Website displayed the message “Product Unavailable at the selected Price”. The Price for the Mobile Smartphone had increased. The Amount for the Mobile Smartphone was not deducted from the account of ‘X’.
a) Is the Contract between ‘X’ and the Website initiated? Can ‘X’ sue the E-Commerce Website for not making available the Mobile Smartphone at the price selected by ‘X’. If yes, give reasons? If no, give reasons?
b) Assuming if the amount of Rs.35, 000/- was deducted from the account of ‘X’ and the amount was received by the Website. Is the Contract between ‘X’ and the Website initiated? Can ‘X’ sue the Website for not making available the Mobile Smartphone at the price selected by ‘X’ even after deducting the amount?
Explain Bailment by quoting an appropriate example and discuss the Essentials/Features of Bailment visà -vis the quoted example?
Question 2:
A departmental store gives in service training to its salesman which is followed by a test. The management is considering whether it should terminate the services of the salesman who did not do well in the test. The following table gives the test scores, and the sales made by the salesman.
Test scores: 14 19 24 21 26 22 15 20 19
Sale (in Rs 1000): 31 36 48 37 50 45 33 41 39
Calculate the correlation between the test scores and sales. Does it indicate that the termination of services for low test scores is justified? If the firm wants a minimum sales volume of Rs 30,000 from each sales man, what are the minimum test scores indicating termination of the service?
Question 3:
X’ had visited a leading E-Commerce Website to purchase a Mobile Smartphone for Rs.35, 000/-. The steps of the transaction were as follows:
i. X visits the E-Commerce Website (“Website”) and searches for a Mobile Smartphone listed on the Website;
ii. X selects the desired Mobile Smartphone and checks the price, which displays at Rs.35, 000/-. The price is an all-inclusive price and includes taxes and other charges.
iii. X then adds the selected product to the E-shopping Cart and fills in the relevant details for registration and purchase. Thereafter, ‘X’ proceeds to do the payment for the selected Mobile Smartphone;
iv. On completing the payment formalities, the Website displayed the message “Product Unavailable at the selected Price”. The Price for the Mobile Smartphone had increased. The Amount for the Mobile Smartphone was not deducted from the account of ‘X’.
a) Is the Contract between ‘X’ and the Website initiated? Can ‘X’ sue the E-Commerce Website for not making available the Mobile Smartphone at the price selected by ‘X’. If yes, give reasons? If no, give reasons?
b) Assuming if the amount of Rs.35, 000/- was deducted from the account of ‘X’ and the amount was received by the Website. Is the Contract between ‘X’ and the Website initiated? Can ‘X’ sue the Website for not making available the Mobile Smartphone at the price selected by ‘X’ even after deducting the amount?
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