Loyola College B.Com April 2012 Business Law – I Question Paper PDF Download

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

THIRD SEMESTER – APRIL 2012

CO 3500 – BUSINESS LAW – I

 

 

 

Date : 24-04-2012              Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

PART – A

Answer ALL the questions:                                                                                   (10×2=20)

 

  1. What is an Agreement? Explain with an example.
  2. What constitutes an Offer?
  3. Who are ‘incompetent to Contract’?
  4. Give the meaning of ‘privity to Contract’.
  5. Write any four agreements contrary to public policy.
  6. Mention the characteristics of a Contingent Contract.
  7. Who must perform the Contract?
  8. State any two differences between Contracts of indemnity and guarantee.
  9. When is a Pledge by non-owners valid?
  10. Who is a Del-Credere Agent?

 

PART – B

Answer any FIVE questions:                                                                                        (5×8=40)

 

  1. How are Contracts classified?
  2. Enumerate the legal rules as to Acceptance.
  3. State the exceptions to the rule that Contracts without consideration is void.
  4. What is assignment of Contract? How does it take place?
  5. What are Quasi-contracts? Enumerate the different types of Quasi-contracts.
  6. State the circumstances in which a Surety is discharged from liability.
  7. Explain the duties of a Bailee under bailment.
  8. Mention the rights of an Agent against the Principal.

 

PART – C

Answer any TWO questions:                                                                                      (2×20=40)

 

  1. “When there is no consent there is no Contract.”  Discuss with reference to flaws in consent.
  2. What is a void agreement? Enumerate expressly declared void agreements under the Indian Contract Act.
  3. What remedies are available to an aggrieved party for breach of Contract?

 

 

 

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Loyola College B.Com Nov 2012 Business Law – I Question Paper PDF Download

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

THIRD SEMESTER – NOVEMBER 2012

CO 3500 – BUSINESS LAW – I

 

 

Date : 02/11/2012             Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

PART-A

Answer ALL questions:                                                                                                   (10×2=20 marks)

 

  1. What is ‘quid –pro-quo’?
  2. Define contract as per Indian Contract Act
  3. What is a ‘void agreement’?
  4. Explain a “contingent contract”
  5. What do you mean by the term ‘tender of performance’?
  6. Define a ‘Quasi contract’?
  7. What is mitigation of loss?
  8. Who is an agent?
  9. What is a contract of indemnity?

10.What is general lien?

 

PART-B

 

Answer any FIVE questions only:                                                                                     (5×8=40 marks)

 

  1. “ No consideration No contract” state the exceptions to this general rule.
  2. Distinguish between coercion and undue influence.
  3. List out any eight agreements declared void.
  4. Explain the circumstances under which claim for ‘quantum merit” arises.
  5. What are the essentials of a valid tender?
  6. State the circumstances in which quasi contractual obligation arise.
  7. Distinguish between contract of indemnity and guarantee.
  8. What are the essentials of Bailment?

PART-C

 

Answer any TWO questions only:                                                                                 (2×20=40 marks)

 

  1. What are the essentials of a valid contract?
  2. What do you mean by discharge of contract? Discuss the various modes by which it may be

discharged.

  1. What are the rights and duties of an agent towards his principal?

 

 

 

 

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