Loyola College B.Com Corporate & Secretaryship April 2012 Mercantile Law Question Paper PDF Download

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

THIRD SEMESTER – APRIL 2012

BC 3500 – MERCANTILE LAW

 

 

 

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

Time : 9:00 – 12:00

 

PART – A

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

 

  1. Define Voidable contract.
  2. What is ‘lawful consideration’?
  3. What is legality of object?
  4. What is undue influence?
  5. What is Life Insurance?
  6. Who is a common carrier?
  7. Define an agent.
  8. Who is an unpaid seller?
  9. What is meant by ‘sale within state’?
  10. What is a ‘condition’?

 

PART – B

 

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

 

  1. What is the object and nature of Law of contract?
  2. State briefly the law relating to competence of parties to a contract.
  3. Discuss the law relating to the effect of mistake on contracts.
  4. Distinguish between a Wagering agreement and Contingent contract.
  5. Explain the elements of fire insurance contract.
  6. Discuss the principles of marine insurance contract.
  7. Explain the rights of an unpaid seller.
  8. Explain the provisions relating to ‘interstate sale’ and ‘sale within state’ under CST Act 1956.

 

PART – C

 

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

 

  1. Discuss the provisions of law relating to contracts with minors.
  2. Explain the rights and duties of common carrier.
  3. Under what circumstances does an agent becomes personally liable?

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2012 Mercantile Law Question Paper PDF Download

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SEC.

THIRD SEMESTER – NOVEMBER 2012

BC 3500 – MERCANTILE LAW

 

 

 

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

Time : 9:00 – 12:00

 

PART –A

Answer ALL the questions:                                                                                           (10x 2=20 marks)

 

  1. Define Contract.
  2. Who are the parties competent to enter into a contract?
  3. What is meant by free consent?
  4. Define contingent contract.
  5. What are the causes of fire?
  6. Define ‘common carrier’.
  7. What are the rules of agency?
  8. How is price fixed in a contract of sale?
  9. State the features of Central Sales tax.
  10. What are ‘Declared goods’ under CST act?

 

                                                                PART –B

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

 

  1. Discuss the essentials of a valid consideration.
  2. Explain the essentials and legal rules for a valid offer.
  3. What do you understand by legality of object? State the cases in which object is unlawful.
  4. State briefly the rights of an agent.
  5. Explain the fundamental principles of insurance.
  6. Explain the duties and liabilities of a common carrier.
  7. What are the provisions in the CST Act regarding cancellation of registration of dealers?
  8. Explain the implied conditions in a contract of sale as provided in the Sale of Goods Act.

 

                                                            PART –C

 

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

 

  1. Explain the classification of contracts.
  2. Discuss the different modes of discharge of contract.
  3. Discuss the procedure for Registration of dealers under central sales tax act.

 

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