Monday, November 30, 2015

B.Com BUSINESS LAW Punjabi University 2007 Question Paper

Punjabi University Question Papers
B.Com BUSINESS LAW Question paper
Exam Year : 2007
Time : 3 Hours] [Max. Marks : 70
Instruction : All questions carry equal marks.

1. “All agreements are not contracts, but all contracts are agreement.’’ Explain.

OR

1. Write short note (Any TWO) : (a) Essentials of an offer.
(b) Undue-Influence

(c) Wagering contracts.

(d) Fraud and Mis-representation.

2. What is quasi contracts ? Narrate legal provisions of it.

OR

2. Answer any TWO of the following : (a) Damages for Breach of contract. (b) Contract of Indemnity.
(c) Rights and duties of finder of goods. (d) Types of Bailment.


3. Differentiate between `Sale’ and `agreement to sale’.

OR

3. Write note on any TWO of the following : (a) Types of goods
(b) Conditions and warranties - Difference

(c) Right of Lien of an unpaid seller. (d) Mercantile Agent.


4. Define Partnership and explain its essentials.
OR
4. Write note on any TWO of the following : (a) Holding out partner
(b) Minor Partner
(c) Compulsory dissolution of a firm
(d) Effects of an unregistered firm


5. Define cheque. Explain the types and effects of crossing made on cheques.
OR
5. Write short note (Any TWO) :
(a) Maturity and days of grace.
(b) Rights of a Holder-in-due course. (c) Types of Endorsements.
(d) Presumption of Negotiable Instruments.

6. Define Company and state its characteristics.
OR
6. Write short note (Any TWO) :
(a) Statement in Lieu of Prospectus. (b) Doctrine of Indoor Management
(c) Alteration in Memorandum of Association. (d) Promoters.

7. (a) “Registration of Trade Union is not compulsory; but advisable.’’ — Discuss this statement.

(b) Discuss the rights and duties of Conciliation Officer.
OR
7. (a) What is an Industrial Disputes ? Discuss its essentials.
(b) State the privileges of a registered Trade Union. 
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