Thursday, December 17, 2015

B.Com.(Third Year):Commercial law Annamalai University Question Paper December 2014

Annamalai University question paper december 2014
B.Com. DEGREE EXAMINATION December 2014
(THIRD YEAR)
(PART – IV)
320/720: COMMERCIAL LAW
(NR & OR)
[Common with B.Com. C.A. (NR) and B.Com. D.D.]
Time: Three hours Maximum: 100 marks
 Answer any FIVE questions. (5 × 20 = 100)
1. Define considerations. Why is it essential in a contract?
2. State the meaning of continuing guarantee. When and how is it revoked?
3. What are the different types of agents? Explain each of them briefly.
4. What is a partnership deed? State its main contents.
5. What are the various modes of discharge from liability of parties to a negotiable
instrument?
6. Explain the legal rules regarding a valid offer.
7. State the rights and liabilities of a common carrier.
8. State the different types of partners.
9. Define a contract of bailment. What are its essentials? Explain.
10. What is free consent? Explain the rules relating to it.

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