St. Josephs College of Commerce (Autonomous)

End Semester ExamINATION – APRIL 2013

BCOM – II Semester

BUSINESS lAW

Time:  3hours                                                                                                    marks: 100

Section – A

1. Answer ALL the following questions.                 (10×2 =20)     
   1. What is meant by ‘ratio decidendi’?
   2. What is an ‘Injunction’?
   3. What are the types of patents?
   4. State two objectives of FEMA.
   5. What is your understanding of ‘Intellectual Property’?
   6. Who is an ‘Alien Enemy’ as per the Indian Contract Act?
   7. Differentiate between revocation and surrender of a patent.
   8. Susan offers to sell Nidhi her house for Rs 15 Lakhs. Nidhi says she will buys it for Rs 10 Lakhs. Susan refuses. What is the legal term given for what transpired here?
2. Who is an ‘Unpaid Seller’ as per the Sale of Goods Act?
3. What is meant by
4. ‘Cracking’ b).Virus Dissemination as per Cyber Laws, 1999?

 

Section – B

 

1. Answer any four from the following:                     (4 x 5= 20)

 

11. Distinguish between Coercion and Undue Influence.
12. What is the law relating to competence of parties to a contract?
13. How do you classify contracts?
14. Differentiate between conditions and warranties.
15. Distinguish between FERA and FEMA.
16. Explain the classification of goods as per the Sale of Goods Act.

Section – C

 

• Answer any three of the following:                              (3×15=45)

 

17. What are the essential elements of a valid consideration?
18. What are the various ways in which a contract may be discharged?

 

 

 

19. What is meant by Opposition of grant of patent and what are the various grounds on which it can be opposed?
20. Write a note on Consumer Redressal Agencies.
21. What are the rights of an unpaid seller, as per the Sale of goods Act, 1935?

Section – D

 

IV.  Case Study   – Compulsory question.                                                           (5×3=15)

 

1. F offered, by letter to buy B’s horse for Rs 3,00,000, adding ‘If I hear no more from you, I shall consider the horse mine at Rs 3,00,000.’ No answer was given by B. Is there a contract?

 

2. A contract is made for the sale of certain jewellery for Rs 5 Lakhs. The buyer deposited Rs 50,000. Subsequently, the seller gave the buyer a notice to deposit the balance amount. The buyer did not respond. The jewellery was then resold for Rs 4 Lakhs. Can the seller recover the shortfall in the price from the previous buyer?

 

3. X agrees to sing at Y’s theatre on 1st Jan 2013.. X received Rs 1,000 as advance but failed to turn up due to a sudden heart attack on 1^st Jan 2013. Advise Y as to the appropriate legal remedies available to him.

 

 

 

 

Latest Govt Job & Exam Updates:

View Full List ...