MAY 2011.

BUSINESS LAWS Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. What are the essentials of a valid contract? 2. What are the remedies available for breach of contract? 3. Describe the objectives of Consumer Protection Act. 4. Narrate the importance of special contracts. 5. What are the rights and duties of a bailer? 6. Describe the rights of partners. 7. Discuss various kinds of delivery of goods. 8. Describe the differences between a Public Company and a Private Company. PART B (4 15 = 60 marks) Answer any FOUR questions. 9. Explain the rules relating to offer and acceptance. 10. Elaborate the rights of an unpaid seller. 11. Explain the different kinds of insurance policy. 12. Explain the role of consumers disputes redressal agencies in respect of consumer disputes. 13. Narrate the important provisions of Negotiable Instrument Act 1881. 14. Describe the procedures regarding the formation of Companies.

15. Describe the different types of company meetings. MAY 2010. BUSINESS LAWS Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. List out the various essentials of a valid contract. What are the rights of surety? Explain. State the salient features of consumer protection Act 1986. Describe the characteristics of a cheque. Distinguish between life insurance and general insurance. What are the characteristics of a company? Differentiate condition with Warranty. Mention the different types of partners. PART B (4 15 = 60 marks) Answer any FOUR questions. Describe briefly the various kinds of contract. Discuss the rights and duties of a bailor and bailee. Explain the role of consumers disputes redressal agencies in respect of consumer disputes. Enumerate the modes of dissolution of a firm. What are the fundamental principles of insurance? Explain briefly. State in brief the various kinds of companies. Discuss the distinction between promissory note, bill of exchange and cheque.

DECEMBER 2010. BUSINESS LAWS Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. What are the essential elements of a valid contract? Explain. 2. Explain the difference between voidable contract and void agreement. 3. Explain the rights of indemnity holder. 4. Explain the essential requisites of bailment. 5. What are the characteristics of negotiable instruments? 6. What are the special characteristics of partnership? 7. What are the types of fire insurance policy? 8. What are the characteristics of a company? PART B (4 15 = 60 marks) Answer any FOUR questions. 9. Explain the kinds of contract. 10. What are the essentials of a valid tender? 11. What are the classification of agents? 12. Explain the rights of partner. 13. Explain the principles of insurance. 14. What are the kinds of Marine Insurance Policies? 15. What are the various kinds of Companies? Explain.

MAY 2009. BUSINESS LAWS Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. 2. 3. 4. 5. 6. 7. 8. What is wagering contract and contingent contract? Distinguish between contracts of Indemnity and Guarantee. What are the Rights and Duties of the Buyer? What are the objects of Consumer Protection Act, 1986? What are the characteristics of Negotiable Instruments? What are the Rights of partners on Dissolution? Distinguish between Insurance and Assurance. Enumerate the steps involved in the formation of a limited company. PART B (4 15 = 60 marks) Answer any FOUR questions. 9. 10. What are the essential elements of a valid contract? What are the rights and duties of a finder of goods?

11. What is the difference between sale, Agreement to sell and Hire -purchase agreement? 12. 13. 14. 15. What are the Redressal machinery under Consumer Protection Act? What is 'Relation of partners to one another' and what are the duties of partners? What is the difference between life insurance and other type of Insurance? What is Bill of exchange? What are its characteristics?

DECEMBER 2009. BUSINESS LAWS Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1 2 3 4 5 6 7 8 What are the conditions of making an offer? What are the Rights and liabilities of principal and agent to Third Parties? What are the express and implied conditions and warranties under Sale of Goods Act? What is the limitation period for filing of complaint under consumer protection Act? Explain the types of negotiable instruments. What are the essential characteristics of partnership? Who are the persons deemed to have Insurable Interest under marine insurance? Explain the importance and contents of memorandum of association. PART B (4 15 = 60 marks) Answer any FOUR questions. 9, List out the agreements opposed to public policy. 10,What are the Rights and Duties of Buyer and seller under sale of goods Act? 11, What are the nature and scope of Remedies under consumer protection Act? 12, Describe the essentials of partnership. What is the test of partnership? 13, What is fire insurance? Explain the types of fire insurance. 14, What is statutory meeting? What are the contents of statutory report? What are the rights and duties of Pawner and Pawnee?

DECEMBER 2008. BUSINESS LAWS Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. 2. 3. 4. Distinguish between void and voidable contracts. What are the essentials of agency? Discuss the essential features of a contract of sale. List out the essentials of Bill of Exchange.

5. What are the documents to be filled with the Registrar of companies at the time of incorporation? 6. 7. 8. When private company can be converted into a public company? Define insurance and describe its main characteristics. Define Marine insurance and its essential elements and scope. PART B (4 15 = 60 marks) Answer any FOUR questions. 9. 10. 11. 12. 13. 14. Discuss the methods of discharging of contract. What is bailment? What are the rights and duties of the bailee? Who is an unpaid seller? List out his duties. Discuss the modes of dissolution of firm. Differentiate bill of exchange, cheque and promissory note. Discuss the provisions relating to Annual General Meeting.

15. The collective bearing of risks is insurance. Discuss this statement and explain the functions of insurance.

MAY 2008. BUSINESS LAWS Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. What do you understand by performance of a contract? Enumerate the remedies for breach of a contract. Enumerate the modes of invalidation of the contract of guarantee. Who is unpaid seller? When can an unpaid seller resell the goods? What is meant by Dissolution of a firm? Is the firm dissolved on the death of a partner? What is meant by crossing of a cheque? For what purpose it is done? State the difference types of Fire Insurance Policies. Distinguish between a public company and a private company. PART B (4 15 = 60 marks) Answer any FOUR questions. What is discharge of a contract? Explain the various ways in which a contract may be discharged? Define Pledge Discuss the essential elements of a pledge. Discuss the important provisions of Consumer Protection Act, 1986. Enumerate the different types of partners and briefly explain the extent of their liabilities. What is life Insurance? Explain its various types. Discuss the various modes of winding up of a company. X entered into a contract for the sale of 100 bags of wheat out of 1000 bags lying in his godown. Unknown to X, the entire stock was destroyed by fire. X declined to deliver state the legal position.