LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

KP 17

FOURTH SEMESTER – April 2009

CO 4501 – BUSINESS LAW – II

 

 

 

Date & Time: 29/04/2009 / 9:00 – 12:00     Dept. No.                                                       Max. : 100 Marks

 

 

SECTION – A

Answer ALL the questions.                                                                (10 x 2 = 20)

 

1. Give the meaning of ‘Agreement to sell.’
2. What is advalorem duty?
3. Explain ‘condition’ with an example.
4. What is an auction sale?
5. Who is a casual trader?
6. What is ‘causa proxima’?
7. List the various elements in a ‘sale’ under TNGST Act.
8. What is a ‘turnover’ under CST Act?
9. Define ‘excisable goods.’
10. What is group insurance?

 

SECTION – B

Answer any FIVE questions.                                                                (5 x 8 = 40)

 

11. Enumerate the rules as to delivery of goods under Sale of Goods Act.
12. Distinguish between sale and agreement to sell.
13. State and explain the general principles of insurance.
14. Write a note (a) remission of excise duty (b) objectives of VAT.
15. Discuss the different types of levy payable under TNGST Act.
16. When is sale said to be “inter-state sale” under CST Act?
17. Explain the different kinds of excise duty leviable under Central Excise Act.
18. Describe the basis for levy of excise duty.

 

SECTION – C

Answer any TWO questions.                                                                (2 x 20 = 40)

 

19. Discuss the rights of an unpaid seller.
20. Explain the rights, duties and liabilities of a common carrier.
21. Briefly explain the various types of insurence policies.

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       LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

KP 11

THIRD SEMESTER – April 2009

CO 3500 – BUSINESS LAW – I

 

 

 

Date & Time: 05/05/2009 / 9:00 – 12:00     Dept. No.                                                       Max. : 100 Marks

 

 

SECTION   A                                                 (10 x 2 = 20Marks)

I Answer ALL questions.

 

1. Define the term ‘Contract’ as given in (Sect 10) of the Indian Contract Act 1872.
2. Define ‘Quasi-Contract.’

3 ..Define ‘General Offer’.

4. Define ‘Cross Offers’ .Give an example..
5. ‘Consideration may be Past ,Present or Future’ .Do you agree?
6. Define ‘Privity of Contract’.
7. Define ‘Guarantee’ Who are the parties involved in it?
8. State the various classification of Bailment.
9. Define ‘Agency by Estoppel’.

10.Define ‘Non-Mercantile Agent’. Give any two examples.

 

SECTION  B                                   (5 x  8 = 40marks)

II Answer any FIVE questions:

 

11. Discuss Classification of Contracts.
12. How does an offer lapse? Explain the provisions relating to lapse of an offer under

The Indian Contract Act.

13. Discuss the circumstances under which a contract without consideration is not void.
14. Explain the provisions relating to persons who are not competent to enter into a

Contract.

15. Bring out the important points of differences between Coercion and Undue influence.
16. Define Wagering Agreements. Discuss the essentials of wagering agreements.
17. Define ‘Particular Lien’ and ‘General Lien’ .Bring out the important differences

between the two.

18. What are the modes by which an agency can be terminated?

 

                                         SECTION  C                     (2 x 20 = 40marks)

III.Answer any TWO questions;

 

19. Explain in detail the essentials of valid contract.
20. What do you mean by Discharge of Contract? Discuss the various modes by which a

Contract may be discharged.

21. Discuss in detail the rights of an agent against his principal as provided in the Indian

Contract Act.

 

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