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| ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) | ||
| END SEMESER EXAMINATION – MARCH/APRIL 2016 | ||
| B.COM(General) – II SEMESTER | ||
| CI 15 MC 202: BUSINESS LAW | ||
| Duration: 3 Hours Max. Marks: 100 | ||
| SECTION – A | ||
| I) | Answer ALL the questions. Each carries 2 marks. (10×2=20) | |
| 1. | Explain the maxim ‘Ignorantia juris non excusat’. | |
| 2. | What are exemplary damages? | |
| 3. | Differentiate between a ‘condition’ and ‘warranty’. | |
| 4. | State any two exceptions to the rule “No consideration No contract”. | |
| 5. | Mention any two inventions which are not patentable. | |
| 6 | What do you understand by the term ‘Digital Signature’. | |
| 7. | Define ‘restrictive trade practice’. | |
| 8. | What is a Quasi-Contract? | |
| 9. | Differentiate between a void and voidable contract. | |
| 10. | Define Consumer as per Consumer Protection Act. | |
| SECTION – B | ||
| II) | Answer any FOUR questions. Each carries 5 marks. (4×5=20) | |
| 11. | Explain the circumstances in which consent is not said to be free. | |
| 12. | Explain the different types of Cyber Crimes. | |
| 13. | What is meant by Opposition of grant of patent and what are the various grounds
on which it can be opposed? What is meant by Opposition of grant of patent and what are the various grounds on which it can be opposed? Examine the features of FEMA. |
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| 14. | What are the different types of goods, according to Sale of Goods Act, 1935? | |
| 15. | Explain the rights of an unpaid seller, as per Sale of Goods Act, 1935. | |
| 16. | When does offer come to an end? | |
| SECTION – C | ||
| III) | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |
| 17. | Define ‘Acceptance’. What are the legal rules regarding acceptance? | |
| 18. | What is the jurisdiction of the National Commission? What procedure does it follow to settle a complaint? | |
| 19. | Explain in detail the various implied conditions & warranties in the Contract of sale. | |
| 20. | What are the remedies available to an aggrieved party on the breach of contract? | |
| 21. | Examine the procedure for obtaining a patent? | |
| SECTION – D | ||
| IV) | Case Study – Compulsory question. (15 marks) | |
| 22. | a. A shipbuilder contracted to build and supply a ship of specified dimensions according to a model to be approved by the buyers, it being a term of the contract that the ship was to carry a certain dead weight on a certain draught. The model was approved and it was subsequently found to be a mathematical impossibility to produce a ship that would fulfill the terms of the contract. Can the shipbuilder plead impossibility of performance in suit against him by the buyer?
b. A offers to sell a house in Mumbai to B for Rs 50,000. The offer is communicated to B in Delhi by an express letter. The letter is delayed in the censor office. Before A’s letter reaches B, B receives a telegram from A revoking his offer. Is there a contract between A and B?
c. A promises to make a gift of Rs 3,000 towards the repairs of a temple. The trustee of the temple, on the faith of the promise, incurs liabilities. A does not pay. Can the trustee recover the promised amount from A? |
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(5+5+5)
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