"Insufficiency of consideration is immaterial, but a valid contract must be supported by lawful and real consideration". Comment.

"No seller of goods and give to the buyer a better title than he himself has". Explain this rule. Are there any exceptions to this rule?

Define the term "Proposal". Discuss the essentials of a valid offer.

Fraud and Misrepresentation

Explain briefly the law relating to communication of offer, acceptance and revocation. Is there limit of time after which an offer cannot be revoked?

Define an unpaid seller. What are his rights?

Define mistake and explain various types of mistakes.