Wednesday, December 30, 2015

2011 Question Paper,Madras University Question Paper,BUSINESS LAW,PXS

Madras University Question Paper
Subject :BUSINESS LAW
Subject Code :PXS
OCTOBER 2011 U/ID 5231/PXS
Time : Three hours Maximum : 100 marks
PART A — (10 × 3 = 30 marks)
Answer ALL questions.
All questions carry equal marks.
 Define/explain/answer the following :
1. (a) Contingent Contract.
  (b) Restitution.
 (c) Effect of destruction of subject-matter.
 (d) Modes of delivery under The Sale of Goods
Act.
  (e) Bill of Exchange.
  (f) Endorsement.
 (g) Partnership deed.
 (h) Special agent.
  (i) Occupier under the Factories Act.
 (j) Disqualification for bonus.
PART B — (5 × 6 = 30 marks)
Answer any FIVE questions.
All questions carry equal marks.
2. What are the kinds of quasi-contract?
3. Explain the differences between sale and
agreement to sell.
 4. Classify negotiable instruments.
5. What are the duties of partner?
 6. Write a detailed note on ‘bonus formula’ given in
the Payment of Bonus Act 1965.
7. What are the provisions for prevention of strikes
and lockouts?
8. What is caveat emptor? What are the exceptions to
the rule?
 PART C — (2 × 20 = 40 marks)
Answer BOTH the questions.
All questions carry equal marks.
9. (a) State the legal rules as to consideration.
Or
 (b) In what circumstances is partnership
dissolved automatically and compulsorily by
the court?
10. (a) What are the permissible deductions under
the Payment of Wages Act?
Or
 (b) Describe the rules regarding effective delivery
of goods.
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