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Total No. of Questions 5 ][Total No.

of Printed Pages 3

[3969]301
T.Y. B.Com. EXAMINATION , 2011BUSINESS REGULATORY

FRAMEWORK (M. Law)(NEW 2008 PATTERN)T i m e : T h r e e H o u r s M a x i m u m

M a r k s 8 0
N.B.

: (
i

)
All

questions are compulsory.(


ii

)Figures to the right indicate full marks. 1.

Define Contract. Explain essential elements of a contract.[16] 2.

Elaborate the concept of Condition in a contract of sale of goods.E x p l a i n i m p l i e d

c o n d i t i o n s i n s a l e . [ 1 6 ]
Or

State and explain the

rights and duties of Bailor. 3. (A)Explain in brief composition and functions of Consumer

Protection C o u n c i l s . [ 8 ] ( B)Define

and explain the concept of patent.[8]


Or

(A)State the provisions

relating to Notice of Dishonour of NegotiableInstr ument.(B)Eluci date the provisions regardi

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