1. (a) Comment on following statement. (18 marks)
(1) Passing of risk is dependent on delivery of goods.
(2) Every trade practice in restraint of trade is not necessarily a restrictive trade practice.
(3) Lay off and retrenchment cans not the same meaning.
(4) Gratuity can be attached by an order of court.
(5) Eligibility of bonus depends on the period of actual service.
(6) Minor under Contract Act is always a beneficiary.
(7) An apprentice is a workman under Industrial Dispute Act.
(8) Acceptance for honour can be made only when the instruments becomes Dishonored by non acceptance or by
non payment.
(9) Matters provided in first schedule, second schedule and third schedule of pay ment of Bonus Act
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