Loyola College B.Com April 2012 Business Law & Vat Question Paper PDF Download

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

FOURTH SEMESTER – APRIL 2012

CO 4503/CO 4501 – BUSINESS LAW & VAT

 

 

 

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

Time : 1:00 – 4:00

 

PART – A

ANSWER ALL THE QUESTIONS:                                                                            (10×2=20 marks)

 

  1. Define a contract of sale.
  2. What are future goods?
  3. Give the meaning of the terms ‘condition’ and ‘warranty’.
  4. Who is a gratuitous carrier?
  5. Give the meaning for re-insurance and double insurance.
  6. What is VAT?
  7. What is meant by CAVEAT EMPTOR?
  8. Write a note on symbolic delivery.
  9. What is right of lien?
  10. Give the meaning for the terms ‘insurance’ and ‘assurance’.

PART – B

ANSWER ANY FIVE QUESTIONS:                                                                          (5×8=40 marks)

  1. Explain the essentials of a valid contract of sale.
  2. Explain the various implied conditions.
  3. Bring out the rights of a common carrier.
  4. Describe the objectives of the Consumer Protection Act.
  5. Explain the objectives of VAT.
  6. Explain the circumstances under which sale of goods by non-owners is valid.
  7. Briefly describe the different kinds of contract of insurance.
  8. Discuss the rights of the consumers.

PART – C

ANSWER ANY TWO QUESTIONS:                                                                    (2×20=40 marks)

  1. Distinguish between a sale and an agreement to sell.
  2. Explain the fundamental principles of Insurance contract.
  3. Discuss the liabilities of railway administration as carrier of goods.

 

Go To Main page

Loyola College B.Com Nov 2012 Business Law & Vat Question Paper PDF Download

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

FOURTH SEMESTER – NOVEMBER 2012

CO 4503/CO 4501 – BUSINESS LAW & VAT

 

 

 

Date : 07/11/2012             Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

PART – A

 

Explain the following Terms:                                                                           (10×2=20 marks)

 

  1. Auction sale
  2. Agreement to sell
  3. MRTP Commission
  4. Appeal
  5. Subrogation
  6. Contract of insurance
  7. Restrictive Trade Practice
  8. VAT
  9. Scheduled goods
  10. Common carrier

PART – B    

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

 

  1. What are the duties of the buyer?
  2. What are the Express and Implied conditions?
  3. What are the objects of the Central Consumer Protection Council?
  4. Explain “Unfair Trade Practices” under the MRTP Act.
  5. What are the functions of Insurance?
  6. Explain the different types of Fire Insurance Policies.
  7. What are the rights of a Common Carrier?
  8. What are the objectives of VAT?

PART – C

 

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

 

  1. What are the rights of an Unpaid Seller? Describe using examples.
  2. Describe the procedure on admission of complaint relating to goods and services. Explain using illustrations.
  3. Explain and Illustrate the fundamental principles of Insurance.

 

Go To Main page

© Copyright Entrance India - Engineering and Medical Entrance Exams in India | Website Maintained by Firewall Firm - IT Monteur