2014 (NOVEMBER)
Commerce
(General/Speciality)
Course: 102
Time: 3 Hours
New course
(Business Laws)
Full Marks: 80
Pass Marks: 24
The figures in the margin indicate full
marks for the questions
1. Write True
or False: 1x8=8
a)
Offer may be implied.
b)
Acceptance may be conditional.
c)
Agreement with a minor is void.
d)
Consideration from stranger to contract is
valid.
e)
Money cannot be a subject matter of sale under
the Sale of Goods Act 1930.
f)
Breach of warrantees by one party entitles the
other party to repudiate the contract.
g)
Share warrants are Negotiable Instruments.
h)
A government hospital is considered as an
industry under the Industrial Disputes Act, 1947
2. Write
short notes on (any four): 4x4=16
a)
Capacity of parties
b)
Free consent
c)
Caveat emptor
d)
Hire purchase
e)
Quasi-contract
f)
Promissory note
3. (a)
Explain the term ‘contract’. Discuss the essential elements of a valid
contract. 4+14=14
Or
(b) Discuss the various modes of discharge of
contracts. 14
4. (a) Define
Condition Explain the implied conditions in a contract of sale of goods. 2+12
Or
(b) Discuss
the silence features of the Consumer Protection Act, 1986. 14
5. (a)
Explain the term ‘crossing a cheque’. Discuss the various types of crossing. 4+10=14
Or
(b) Define
Negotiable Instruments and describe its characteristics. 4+10=14
6. (a)
Discuss the terms: 7+7=14
(i) Public Utility Services
(ii) Industrial Dispute
Or
(b) Define
Strike and Lockout. Discuss the general prohibitions on strike and lockout. 3+3+8=14
Also Read: Business Laws Question Paper Non-CBCS Pattern
Old Course
(Business Regulatory Framework)
Full Marks: 80
Pass Marks: 32
1. Find out
the right answers: 1x8=8
a) The Indian
Contract Act was passed in 1872/1772.
b) Void
agreements and void contracts are same/not same.
c) An unpaid
seller obtains/not obtains right against buyer.
d) To execute a contract of sale,
price is essential/non-essential element.
e) The Negotiable Instruments Act
of India is applicable from 1881/1981.
f) A sale is an executor contract.
(Yes/No)
g) The Consumer Protection Act
was passed in 1976/1986.
h) The maximum age limit of a
member of district forum is 67/65 years.
2. Write short notes on (any
four): 4X4=16
a) Illegal Agreements
b) Future goods
c) Crossed Cheque
d) Consumer
e) Penalties
3. (a) “A contract is an
agreement enforceable by law.” Explain. 11
Or
(b) Discuss the various modes of
discharge of a contract.
4. (a) Explain the essential
elements of the Sale of Goods Act, 1930.
Or
(b) Describe the rights of an
unpaid seller under the Sale of Goods Act, 1930.
5. (a) Discuss in detail the
difference between cheque an bills of exchange. 11
Or
(b) Discuss in detail the
characteristics of Negotiable instruments.
6. (a) Describe National
Commission and its composition. 4+8=12
Or
(b) Explain the procedure of
filing a complaint under the Consumer Protection Act, 1986. 12
7. (a) Explain the obligations of
exporter of goods and services under the FEMA, 2000. 11
Or
(b) Write in short: 6+5=11
(i) Export of
goods and services
(ii) Current
Account transactions
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