This question paper contains 6 printed pages. Your Roll No.
Sl. No. of Ques. Paper; 1862 . Gc-3
Unique Paper Code: 22411102
Name of Paper : Business Law
Name of Course + B.Com. (Hons.) CBCS
Semester a
Duration :3 hours
Maximum Marks 275
(hey Rol Nao the pred on cep oft on pope)
ea & Pd FU tesa eae aE Fer? 1)
Nore:— Answers may be written either in English or in Hindi; but the same medium should be
used throughout the paper.
feorwi:— ge werea ar sae ata ot ar fect Peet we rm HY afer wet Te ay ae
1
ww & ahr afer
Attempt all questions. All questions carry equal marks.
wet wea & aoe fare) aH Teal & sis WaT er
(@) State, with reasons in brief, whether the following statements are true or false:
() Collateral transactions to an illegal agreement are valid,
(i) Mere silence as to facts is not fraud,
(iii) Quasi contracts are not contracts in the real sense of the term.
Waa 8 aro tax aaU fe Prfetad Ser were aT TA
(i) aay aan & cea dalfas aaa de aa 71
(i) Wat & wife ara got ag ane aa 21
(ii) arf frend weg & arate aera ¥, afaend set ac 9
(b) ‘The law of contracts is not the whole law of agreements, nor is it the whole law of
obligations.” Explain,
Sr oo aie eaeiainenee cee
aa 21" aren aifac
Or (seen)
(a) State, with reasons in brief, whether the following statements are true or false:
P.T.O. 1862
(b)
(©)
(a)
() Avoidable contract may remain valid,
(ii) Insurance is an example of wagering agreements.
(iii) Special damages can be claimed as a right by the aggrieved party.
Wee Haro tar sete sifay fe fafatad se wea fa ae
@ Wrvia an ae ar wy aT 2!
Gi) aa, ast aa at eH TET 21
Gi) Faas aba & fae cer, cafes wet afean & ey a, ax wat 21 9
A, a minor, borrowed some money from B and executed.a promissory note in favour
of B. The promissory note was renewed by A when he attained majority. B brings a
suit against A on the basis of second promissory note. Will he succeed in recovering
money from A? Give reasons.
A, ot fa severe @, Ba ao tar gun & dar 2 sik BS oe A aes oa fronted
at at 01 ae aaa fet & aeiga fan mT on we A aaeR BM aT Ba
we mer WA fears ag areal ar 8 eat ag A ter age A weer
thn? aro dfs 3
Ram's son absconded from home. He sent his manager in search of the boy. After the
manager had left, he announced a reward of Rs. 10,000 for anybody giving
information about his son. The manager came to know of this offer only when he had
already traced the missing boy. Explain his rights giving reasons.
UH at Sarat a A TT aT) TaY ASH a CaaS fre ad wes a aa)
wdes & SR & are say ga safe aT 10000 Fo BT syER 23 at dem a, st ot
vats 5es 82 a A Geer om weies a ge wea HG aa ToT wa sey AP
ar vat cm fer en sae afeen at een sifare sk aro dfs, 3
(i) “Custody of goods implies property in goods.” Comment.
(ii) _X agreed to sell to ¥ the entire quantity of oil lying in a tanker in X's godown,
The oil was to be filled into drums and then the drums were to be delivered to
YY. Some drums were filled in the presence of Y; but before the remaining
drums could be filled, a fire broke out and the entire quantity of oil was
destroyed. Who will bear the loss? Discuss.
(ii) A detivers some jewellery to B on sale or return basis. B pledges the jewellery
‘with C. A sues B for recovery of price. Will he succeed?
“ret aT sfercen ar fatemnel 8 are Yeah 1” feo athe
(i) X Ta at aol ae ay a aaa} feu wena @ or 2 aa XH ena
dar Foust ati da a gat A va ora om atk fie ge at Y & oe faa
01 BS gal By at safeafa A me fem men ars oq Me gat wd a oa ()
@
©
@
©
am tang atk ta at appt wt ae dt gi ge ate at aha aga at?
faces aif |
(ii) A Re ary fast a ant aan WB at 2 2a 21 Bw ITT CH
am te we ta’ A gaat aaa aged & fee BR Ta ae tae! eT
ae wee eh? 9
“The Doctrine of Caveat Emptor does not apply in all contracts of sale of goods.”
Explain the Doctrine and give the situations where this Doctrine is not applicable.
“Sa Baa WB”, ae fein wre fast at at afacrsit we amy wet star” ga feraia
at caren sifay sik 34 fevfaat at aarey farv ae fergie ery set aa” 6
Or (ste)
()__ “Aseller becomes an unpaid seller only when the buyer has not paid the price.”
Comment.
(ii) A lady, who knew that her skin was abnormally sensitive, bought a coat and
developed skin trouble by using it. She did not disclose to the seller that her
skin was abnormally sensitive. Can the seller be held liable?
(iii) Distinguish between right of lien and right of stoppage of goods in transit.
@ “fait w ae fade daa wa a oa @ aa Hay sina a Ga a1”
fect stare 1
Gi) fee, at ae art et fe saat at steerer wa a wacagia 2, UH Fe
ated @ sik se% wr a a aa an a om 2) set fee a ae TT
mara om fs Seat aT ere: Waeaeite V1 Far Featar A fae se
a aa 8?
(ii) TOMER ah anf ¥ dar H afean F stax saree! 9
“A seller cannot convey a better title to the buyer than what he himself has.” Explain
the statement, giving exceptions to this rule, if any.
“fasten, Sa Bl TAS ToT ws eB ae fe sa GH oa 71” ga He at
aaron aifay ott ga fram arvaret a aay, ate aE a 6
State the process of formation of LLP.
LLP & faator at afer ar sete sifery | . 6
State the circumstances under which a Limited Liability Partnership (LLP) can be
wound up by the court.
wr offeatrat ar seca aif fart sifra afra anit (LLP) a Irae BATT
a Tea 8 9
P.T.O. 1862
Or (aren)
(a) Explain the following statements:
()
@
0
() An LLP has a legal! entity separate from its partn
(ii) The responsibility for carrying out the legal obligations as laid down by the LLP
Act shall be sole'y of the designated partners.
(iii) Every partner of an LLP is an agent of the LLP only and not of other partners.
Prfafed set a aren afar
@) LLP al sa% ante & yore fats war act 21
Gi) LLP afafrer gre aare my eo # fates aera a frm at feted daa
fade anitant at ait
Gi) LLP @ rete anita Sac LLP a Ge dat @ sik oer anient aA 9
State the provisions of LLP Act, 2008 relating to change in registered office of an
LLP.
LLP afafran, 2008 ai waensii a sete aifme frat dade LLP & dite
arate uftada & 21 6
‘Comment on the following statements:
(i) Electronic records are not as authentic as hard copies.
(i) Cyber Terrorism has been regarded as a cyber crime under IT (Amendment)
Act, 2008.
(iii) One of the main objects of IT Act is to facilitate e-governance.
frafetiad seat 1 fenit atfare
() eaaeifrs fears sat sunfire ae Ba fara wee fees 3 aa 71
(ii) ee wi IT afafram (@eifinn, 2008 & agen agax amoe AAT
‘Sa et
(ii) IT afatren % on staat Aw Lee Bl Yeo Te 9
Define Certifying Authority. What are the duties of certifying authorities?
was afeart at after afar wars afeenttal at eytrat ear 2 6
Or (3181) 5 1862
(a) Define the following terms:
(i) Hash function
Gi) Key pair
(iii) Computer network and computer virus.
frafafan wet at afvarn afae
@ tar
Gi) Fg
Gi) ET Fea athe weaT TATA | 9
(b) “Any person may make an application to a certifying authority for issue of Digital
Signature Certificate.” Explain the provisions of IT Act for grant and revocation of
Digital Signature Certificate.
“at at ate come afeart a fefrer ere wa wa ant ae & fare aaa
aR weet 81" IT afahray at a4 caerai at aren atfae ot fefrer eeaeR at
witha 84 sit
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