Loyola College B.Com Corporate & Secretaryship April 2011 Commercial Law Question Paper PDF Download

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

FIFTH SEMESTER – APRIL 2011

BC 5503 – COMMERCIAL LAW

 

 

 

Date : 19-04-2011              Dept. No.                                          Max. : 100 Marks

Time : 1:00 – 4:00

 

PART-A

 

ANSWER ALL THE QUESTIONS                                                                       (10X2=20marks)

 

  1. What is particular lien?
  2. What are the objectives of Consumer Protection Act?
  3. What is VAT?
  4. What is ‘Contract of Guarantee’?
  5. Define Pledge.
  6. What is a Partnership firm?
  7. Who is a finder of goods?
  8. Define Bailment.
  9. Who is a minor partner?
  10. What is a contract of Indemnity?

 

                                                          PART – B

ANSWER ANY FIVE QUESTIONS                                                                      (5X8=40marks)

 

  1. Explain the different types of partners.
  2. When does a bailment come to an end?
  3. Give an account of Unfair trade practices as per the Consumer Protection Act.
  4. Distinguish between a contract of guarantee and a contract of indemnity.
  5. In what circumstances is a partnership dissolved compulsorily by the court?
  6. What are the objectives of VAT?
  7. What is a continuing guarantee? When and how is it revoked?
  8. What are the essential features of  a contract of guarantee?

 

                                                            PART – C

 

ANSWER ANY TWO QUESTIONS                                                                   (2X20=40marks)

 

  1. What are the rights of bailor and bailee?
  2. State the circumstances in which a surety is discharged from a liability?
  3. What are the arguments in favour of VAT, and difficulties in administering VAT in India?

 

 

 

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