Business Law

St. Joseph’s College of Commerce B.Com. 2013 II Sem Business Law Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATIONS-APRIL-2013.

B.COM  – II SEMESTER(TRAVEL & TOURISM)

BUSINESS LAW

TIME : 3HRS                                                                                                             MARKS: 100

Section-A

  1. Read the statements mentioned below and quote the word or phrase in law that represents the same. (10×1=10)

 

  1. An order of the court restraining the wrong doer from doing, or continuing, the

wrongful act complained of . It is usually granted to enforce negative stipulations in cases where damages are not adequate.

 

  1. The rule of law or the underlying principle upon which a decision is founded and which gives it the element of authority.

 

  1. The relations subsisting between the parties are such that one of the parties is in a position to dominate the will of the other and uses that position to obtain an unfair advantage over the other.

 

  1. A false statement which the person making it honestly believes to be true or which he does not know to be false. It also includes non-disclosure of a material fact or facts without any intent to deceive the other party.

 

  1. An agreement whereby one party is to assist another to bring an action for recovering money or property , and is to share in the proceeds of the action.

 

  1. Acceptance of a lesser fulfillment of the promise made in discharge of the whole debt.

 

  1. When (i) a new contract is substituted for an existing one between the same parties or

(ii) a contract between two parties is rescinded in consideration of a new  contract being entered into on the same terms between one of the parties and  a third party.

 

  1. One who is entrusted with the possession of goods and who has the authority to buy, sell or otherwise deal with the goods or to raise money on their security. He has a general lien on the goods.

 

  1. Any document issued which includes any notices, circular, advertisement or any other document inviting offers form the public for the subscription or purchase of any shares in, or debentures of a body corporate.

 

  1. An act in which whoever with the intent to cause or knowing that it is likely to cause wrongful loss or damage to the public or any information residing in a computer resource or diminishes value or utility or affects it injuriously by any means.

 

Section – B

  1. Answer following questions    (5×2=10)

Read the cases mentioned below and answer the questions that follow by not only quoting the respective law but also giving a suitable  explanation for the same.

 

  1. A sent a telegram to B,” Will you sell your car? Quote lowest price.” B Sent a reply. “Lowest price Rs. 25,000.” A sent a second telegram to B, “I agree to buy your car for Rs. 25,000.” B thereafter refuses to sell.
  • Can A compel B to do so?
  • (b) Is there a contract between A and B?

 

  1. Ravi promises to make a gift of Rs. 3,000 towards the repairs of a temple. The trustee of the temple on the faith of his promise incurs liabilities. Ravi does not pay. Can the trustee recover the promised amount from Ravi?

 

  1. G pays Rs. 500 to A, a civil servant employed in a Government department, in consideration of A’s promise that a Government contract which is at the disposal of his department will be placed with G. Before this can be done, A is transferred to another department. G now wishes to reclaim from A Rs. 500 paid to him. Will G succeed?

 

 

  1. ‘M’ made a contract with ‘N’ for supplying to him certain goods at a place outside the State when there was no prohibition against sending the goods outside the State. Subsequently prohibition was imposed on the sending of those goods to that place and the railway booking was consequently closed. M, failed to supply the goods . N sued M for damages for non-supply of goods. M, inter alia, pleaded that the contract became impossible of performance and so he was absolved from performing it. Will M succeed in his said defence?

 

 

  1. X commenced a periodical publication called, the Armour, and engaged Y to write a volume on ancient armour for it. For this Y was to receive the sum of Rs. 10,000 on completion of the work. When he had completed a part, but not the whole of his volume, X abandoned the publication. Y sued X for recovery of the amount contracted for .Advise Y.

 

Section – C

 

  • Answer the following questions .                                                              (10×2=20)

 

  1. Who is a plaintiff?
  2. Does a contract create a ‘Jus in Rem’ or a ‘Jus in personam’ Elaborate.
  3. Explain the term ‘Obiter dictum’.
  4. Differentiate between a void agreement and a void contact?
  5. State what is meant by “Quantum Meruit’?
  6. What is meant by ‘Power of Attorney’?
  7. How is a ‘Factor’ different from a ‘Broker’?
  8. Mention the minimum number of members to form a private and public company . Alos state the maximum number of member that they can have.
  9. State briefly the laws relating to competence of parties to a contract.
  10. Can a minor be a agent? If so will he be responsible to the principal?

 

Section – D

  1. Answer any Four                      (4×5=20)

 

  1. What are the Sources of Indian Business law?
  2. When is consent said to be free and genuine?
  3. How is a contract discharged by supervening impossibility?
  4. Briefly explain the various modes by which an agency may be created.
  5. Is a client hiring the services of an advocate considered to be a Consumer under the consumer protection act? Why? In light of the above bring out clearly as to who is a consumer and who are not consumers according to the act.
  6. Elaborate the various types of cyber crimes.

 

 

Section – E

  1. Answer any FOUR questions.                  (4×10=40)

 

  1. What is an Offer? Explain the essentials of a valid offer.

 

 

 

  1. Explain the exception to
  • The doctrine of Privity of contract.
  • ‘Ex Nudo Pacto Non Oritur actio’

 

  1. How does the Memorandum of Association differ from the Articles of Association of a company? List the various contents of the Articles of Association of a company.

 

  1. “The consumer protection Act seeks to provide speedy and simple redressal to consumer disputes. For this purpose there has been set up a quasi- judicial machinery at the District, State and Central levels”. With reference to the above statement explain the Composition, Appointment, Term of office and Jurisdiction of the various consumer protection agencies in the country”.

 

 

  1. Elaborate the rights and duties of an agent.

 

  1. What are the objectives of FEMA? Why was there a need to repeal FERA and substitute it with FEMA?

 

St. Joseph’s College of Commerce B.Com. 2013 II Sem Business Law Question Paper PDF Download

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St. Josephs College of Commerce (Autonomous)

End Semester ExamINATION – APRIL 2013

BCOM – II Semester

BUSINESS lAW

Time:  3hours                                                                                                    marks: 100

Section – A

  1. Answer ALL the following questions.                 (10×2 =20)     
    1. What is meant by ‘ratio decidendi’?
    2. What is an ‘Injunction’?
    3. What are the types of patents?
    4. State two objectives of FEMA.
    5. What is your understanding of ‘Intellectual Property’?
    6. Who is an ‘Alien Enemy’ as per the Indian Contract Act?
    7. Differentiate between revocation and surrender of a patent.
    8. Susan offers to sell Nidhi her house for Rs 15 Lakhs. Nidhi says she will buys it for Rs 10 Lakhs. Susan refuses. What is the legal term given for what transpired here?
  2. Who is an ‘Unpaid Seller’ as per the Sale of Goods Act?
  3. What is meant by
  4. ‘Cracking’ b).Virus Dissemination as per Cyber Laws, 1999?

 

Section – B

 

  1. Answer any four from the following:                     (4 x 5= 20)

 

  1. Distinguish between Coercion and Undue Influence.
  2. What is the law relating to competence of parties to a contract?
  3. How do you classify contracts?
  4. Differentiate between conditions and warranties.
  5. Distinguish between FERA and FEMA.
  6. Explain the classification of goods as per the Sale of Goods Act.

Section – C

 

  • Answer any three of the following:                              (3×15=45)

 

  1. What are the essential elements of a valid consideration?
  2. What are the various ways in which a contract may be discharged?

 

 

 

  1. What is meant by Opposition of grant of patent and what are the various grounds on which it can be opposed?
  2. Write a note on Consumer Redressal Agencies.
  3. What are the rights of an unpaid seller, as per the Sale of goods Act, 1935?

Section – D

 

IV.  Case Study   – Compulsory question.                                                           (5×3=15)

 

  1. F offered, by letter to buy B’s horse for Rs 3,00,000, adding ‘If I hear no more from you, I shall consider the horse mine at Rs 3,00,000.’ No answer was given by B. Is there a contract?

 

  1. A contract is made for the sale of certain jewellery for Rs 5 Lakhs. The buyer deposited Rs 50,000. Subsequently, the seller gave the buyer a notice to deposit the balance amount. The buyer did not respond. The jewellery was then resold for Rs 4 Lakhs. Can the seller recover the shortfall in the price from the previous buyer?

 

  1. X agrees to sing at Y’s theatre on 1st Jan 2013.. X received Rs 1,000 as advance but failed to turn up due to a sudden heart attack on 1st Jan 2013. Advise Y as to the appropriate legal remedies available to him.

 

 

 

 

St. Joseph’s College of Commerce B.B.M. 2013 VI Sem Business Law Question Paper PDF Download

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St.Joseph’s college of commerce (autonomous)

End semester examination – APRIL 2013

BBM – VI SEMESTER

BUSINESS LAW

Duration : 3 hours                                                                                                Marks: 100

 

SECTION – A

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

 

  1. Explain the Doctrine of Ultra Vires.’
  2. Who is a ‘defendant’?
  3. Distinguish between surrender and revocation of patents.
  4. State two objectives of FEMA.
  5. Define 1) Consumer 2) Deficiency as per the Consumer Protection Act of 1986.
  6. State two differences between conditions and warranties.
  7. What are the rights of a patentee?
  8. A plumber accidentally installs a sprinkler system in the lawn of the wrong house. The owner of the house had learned the previous day that his neighbor was getting new sprinklers. That morning, he sees the plumber installing them in his own lawn. Pleased at the mistake, he says nothing, and then refuses to pay when the plumber hands him the bill. Will the man be held liable for payment?
  1. What is meant by General Lien?
  2. Explain the doctrine of ‘stare decisis”

 

SECTION –B

 

  1. Answer any four from the following:                                              (4 X 5= 20)

 

  1. “Impossibility of performance is a rule, not an excuse for non-performance of a contract.” Discuss.
  2. What are the exceptions to the rule of ‘no consideration, no contract’?
  3. What are some of the rights of an unpaid seller?
  4. Distinguish between FERA and FEMA.
  5. Discuss the doctrine of ‘caveat emptor’. State its exceptions.

 

          SECTION –C

 

  • Answer any three of the following:                           (3X15=45)

 

  1. Enumerate the sources of Indian Business Law.
  2. What are the remedies available to an aggrieved party on the breach of a contract?

 

 

  1. Discuss the procedure to be adopted by the District Forum on receipt of a complaint.
  2. Define ‘Memorandum of Association’. What does it contain?
  3. Define ‘Invention’. What are not considered to be ‘inventions’ as per the Patents Act, 1970?

 

          SECTION –D

IV)               Case Study   -Compulsory question.                                                       (5×3=15)

 

  1. A offered to sell a stereo to B for Rs 15,000 but B was willing to pay Rs 10,000. A refused. B then offered Rs 15,000 which A refused. Was it a valid contract?

 

  1. B, the purchaser of a car from A is compelled, after several months of purchase, to hand over the car to C, the real owner. What will be your advice to B?

 

  1. Advise Asiatic Government Security Life Insurance Co Ltd, on whether it can seek an injunction against “The New Asiatic Insurance Co. Ltd” which was subsequently formed, restraining it from having in its name the word “Asiatic” on the ground that it has caused confusion and can deceive the public.

 

 

 

 

 

St. Joseph’s College of Commerce B.B.M. 2013 II Sem Business Law Question Paper PDF Download

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  1. JOSEPH COLLEGE OF COMMERCE (Autonomous)

End Semester Examinations– April 2013

BBM – IV Semester

Business Law

Duration : 3 hrs                                                                                         Max. Marks: 100

Section- A

 

  1. I) Answer ALL the following questions of 2 marks each.  (10×2=20)

 

  1. A intends to make an offer to B and tells it to C about it. C informs B of the offer but A himself does not communicate the offer to B. B accepts the offer and informs A about it. Is there a contract between A and B? Why and justify.
  2. Why was FEMA introduced in place of FERA?
  3. Who is a true and first inventor as per Sec. 4(1) (t) of patent Act?
  4. Distinguish between MOA and AOA and state 2 differences.
  5. Distinguish between express and implied contracts.
  6. John, a minor is supplied with necessaries of life by a grocer. He makes out promissory note in favour of the grocer. Is grocer entitled to claim payment under the promissory note (a) from minor personally (b) against his estate?
  7. What is defined as per Sec. 2(1) (c) of the consumer protection Act?
  8. What do you mean by Quantum Meruit?
  9. What do you mean by future goods?
  10. A young widow was forced to adopt a boy under the threat preventing the body of her husband, who had just died, from being removed for cremation. Is this adoption valid under law?

Section – B

 

  1. II) Answer any FOUR of the following questions. (4×5=20)

 

  1. Explain the various sources of the Indian business Law.
  2. Write a short note on FEMA.
  3. “A stranger to a contract cannot sue.” Are there any exceptions to the rule?
  4. The rule in sale of goods is “none can give or transfer what he himself does not possess” are there any exceptions to this rule. Explain.
  5. What do you mean by free consent? And what are the various factors leading to error in consensus?
  6. Who is a Patentee? What are the rights of a Patentee?

Section-C

 

III) Answer any THREE of the following questions.                                   (3×15=45)

 

  1. ABC Private Limited is planning to get their company registered with the ROC of Karnataka. Hence it is important that members prepare the MOA. As one of the member of the company, prepare the MOA with all the clauses briefly explained.
  2. Explain the various implied conditions and warranties in a contract of sale of goods.
  3. Mr. David, who is the first inventor of an industrial design, would like to get his invention patented. What is the procedure for the grant of patent?
  4. Mr. Salman promised to supply fifty floral bouquet to Mr. Saif for the company’s anniversary function by eight in the evening. But Salman could not supply nor informed about the reason for the breach of contract. What remedies are available to an aggrieved party on the breach of contract?
  5. “All agreements are not contracts but all contracts are agreements” Comment on the statement explaining the essential elements of a valid contract.

 

Section-D

 

  1. IV) Compulsory question – Case study. (1×15=15)

 

  1. Kanta Bhakta, MumbaiV/s A Jeweller in Dadar, Mumbai

 

On March 18, 2011, Kanta Bhakta purchased a pair of bangles and a single bangle from a jeweller in Dadar. They were declared to be of 22 carat gold purity and accordingly she was charged for gold of 22 carat purity plus an additional amount as making charges. After the purchase, the bangles were kept in her locker. Both during Diwali 2010 and at the marriage of a relative, her daughter used the bangles. By coincidence, the complainant came across the X-ray gold testing facility of Tanishq Jewellers who were offering to check the purity of gold through an X-ray test which was non-destructive. Out of sheer curiosity, she had the bangles tested and to her utter disbelief, found out that they were of less than 17 carat purity and not 22 carat, as had been represented at the time of the sale. Shaken by this discovery, she immediately visited the jeweller from whom she had bought the bangles along with the cash memo. He refused to accept her claim and her efforts to reason with him were in vain.

 

Questions :

 

  1. What can Kanta Bhakta do to claim for damages suffered by her?

 

  1. b) Write a note on the functions of Consumer Disputes Redressal forum.

 

 

St. Joseph’s College of Commerce B.Com. 2014 IV Sem Business Law Question Paper PDF Download

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St. joseph’s college of commerce (autonomous)

End semester examination – MARCH /april 2014

b.com (travel & tourism) – ii semester

BUSINESS LAW

Time: 3 hours                                                                                                   Max. Marks: 100

SECTION – A

  1. Answer ALL the following questions. Each carries 2 marks.    (10 x2 = 20 )

 

  1. Define the term ‘Ratio Decidendi’.
  2. What is an ‘Injunction’?
  3. Mention any four exceptions to the rule “Ex nudo pacto non oritur actio”.
  4. State any two circumstances when a person is deemed to be in a position to dominate the will of another.
  5. How is a ‘Factor’ different from a ‘Broker’?
  6. Define a ‘Consumer’
  7. Who can file a complaint according to the consumer protection act of 1986?
  8. Mention any two instances when a contract gets discharged by Supervening impossibility
  9. Distinguish between a Memorandum of Association and an Article of Association.
  10. Read the statements mentioned below and quote the word or phrase in law that represents the same.
  11. An incidential and collateral opinion which is uttered by a judge while delivering a judgment. It is a mere saying by the way, a chance remark, which is not binding upon the future courts, though it may be respected according to the reputation of the judge, the eminence of the Court and the circumstances in which it came to be pronounced.
  12. An agent who in consideration of an extra remuneration guarantees to his principal the performance of the contract by the other party. He occupies the position of a guarantor as well as that of an agent. But his liability is secondary and arises only on the insolvency or failure of the party.

 

 

 

 

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                              (4×5=20)

 

  1. Explain the doctrine of ‘Stare decises’.
  2. How is a contract discharged by agreement?
  3. How and when may an Offer be revoked?
  4. Explain in detail the contents of the Memorandum of Association
  5. ‘Section 9’ of the Consumer Protection Act of 1986 provides for a ‘

Consumer disputes redressal forum established by the state government in

Each district of the state by notification’ In light of the above statement

Explain the  Composition , Appointment  , Term of office and Jurisdiction

of  The District Forum.

  1. Define Cyber Crime and explain the need for Cyber Laws in India.

SECTION – C

  • Answer any THREE Each carries 15 marks.                     (3×15=45)

 

  1. Define the term ‘Acceptance’ and state the rules governing a valid

Acceptance?

 

  1. Neharika, who was badly in need of money offered to sell her piano worth                         Rs.5,000 to Rushika for Rs.4,000. Rushika refused to buy. Neharika gradually lowered her price until Rs.1,000 was reached, which Rushika accepted. Before the piano was delivered, Neharika received an offer of a large sum from Rahul, and she refused to carry out the contract with Rushika, claiming that the consideration was inadequate.
  2. a) Is Neharika liable to pay damages to Rushika for failure to carry out her part

of the contract? Why?

  1. b) Define Consideration and elaborate the sailent features of the term

consideration as defined in the Indian contract act?

 

  1. ‘Ratification’ is tantamount to prior authority. Comment and explain the

Requisites of a valid ratification. Also explain the various modes by which an

Agency may be created.

 

  1. Examine the main features of the Foreign Exchange Management Act. How

Is it different from the Foreign Exchange Regulation Act?

 

  1. Describe the Appointment, Powers, Duties and Liability of the Board of

Directors of a Company

 

 

SECTION  -D

  1. Case Study – Compulsory question.                                            (15 marks)
  2. Read the cases mentioned below and answer the question that follows by not

      only quoting the respective law but also giving a suitable explanation for the same.         

 

  • B offered to sell his car to A for Rs 2, 95,000. A accepts to purchase it for

Rs 2, 94,000.B refused to sell the car for Rs 2,94,000. Subsequently A agrees to purchase the car for Rs 2,95,000 but B refused to sell the car. A sues B for the specific performance of the contract. Will he succeed?

 

  • A offered to sell his car to B for Rs 60,000. B said “ I accept your offer. Here is Rs 50,000 in cash and a 60 day promissory note for the balance.” Did a contract result?

 

  • M made a contract with N for supplying to him certain goods at a certain place outside the state when there was no prohibition against sending the goods outside the state. Subsequently prohibition was imposed on sending of those goods to that place and the railway booking was consequently closed. M failed to supply the goods . N sued M for damages for non supply of goods. M, inter alia pleaded that the contract became impossible of performance and so he was absolved from performing it. Will M succeed in his said defense?

 

  • G pays Rs 10,000 to X, a civil servant employed in a Government department in consideration of X’s promise that a government contract which is at the disposal of his department will be placed with G. Before this can be done X is transferred to another department. G now wishes to reclaim from X Rs 10,000 paid to him. Will G succeed?

 

  • P borrows Rs 2,000 from C to purchase certain smuggled goods from J. Can C recover the amount from P if he
  1. Knows of P’s purpose for which he borrows money.
  2. Does not know of P’s purpose.

 

  • A renders some service to B during his minority at the request of B . B, on attaining majority, enters into an agreement with A to compensate him (A) for services rendered during B’s minority. Is this agreement valid?

 

  • A’s car breaks down on Mg Road. He asks B, a passing motorist to tow the car to the nearest garage. B tows the car. In return A promises to pay B at the garage Rs 500 as payment for his trouble. Is A bound by his promise?

 

  • Arvind buys a taxi from Modi, Due to some problems in the taxi  Arvind asked Modi to take it back and refund the money. Modi refused to do so. Arvind then decided to complain to the consumer forum. Is he entitled to do so?

 

St. Joseph’s College of Commerce B.B.M. 2014 IV Sem Business Law Question Paper PDF Download

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  1. JOSEPH COLLEGE OF COMMERCE (Autonomous)

END SEMESTER EXAMINATION – MARCH/APRIL 2014

BBM – IV Semester

BUSINESS LAW

Duration : 3 hrs                                                                                                  Max. Marks: 100

Section – A

 

  1. I) Answer ALL the following questions of 2 marks each.                         (10×2=20)

 

  1. Explain the term ‘Obiter dictum’
  2. What is statement in lieu of prospectus?
  3. Define Foreign Exchange as per FEMA Act 1999.
  4. Define consumer dispute as per COPRA 1986.
  5. Who is a True and First inventor as per Patents Act 1970?
  6. What is the meaning of Consensus ad idem?
  7. What is meant by  i) Novation    ii)  Remission ?
  8. What is anticipatory breach of contract?
  9. Define a Government Company as per Indian  Companies Act.
  10.  P says to Q, “I will sell you a camera”. P owns three different types of cameras    

of various prices. Is it a valid offer? Give reason.

 

Section – B

 

  1. II) Answer any FOUR Each carries 5 marks.                                     (4×5=20)

 

  1. Write a note on the contents of the Memorandum of Association.
  2. Distinguish between coercion and undue influence.
  3. What are the objectives of Consumer protection Act 1986?
  4. Distinguish between a sale and agreement to sell.
  5. Examine the salient features of the Foreign Exchange Management Act?
  6. Explain the various sources of Indian Business Law.

 

 

 

 

Section – C

 

III) Answer any THREE   questions. Each carries 15 marks.                               (3×15=45)

 

  1. “A contract shall not be enforced if the court regards it as opposed to public policy” Discuss.
  2. Briefly explain the various steps involved in the formation of a company.
  3. AMUL Milk Federation has developed a process for large scale conversion of milk. How can the patent be obtained? Explain.
  4. Who is an Unpaid Seller? What are the rights of an Unpaid Seller? Explain.
  5. “If a contract is broken, the law will endeavour so far as money can do it, to place the injured party in the same position as if the contract has been performed” Discuss.

Section-D

 

  1. IV) Compulsory question – Case study.     (1×15=15)

 

  1. Mr. Amanullah, bought a IFB Washing machine for Rs. 25,000 in Jan 2013 from

R.S. Enterprises, Bangalore, authorized dealers of the company. The machine

started giving trouble right from the time of its installation, and on  12th Feb

2013, it started to burn leading to a major fire.

Executives and loss assessors sent by the manufacturer inspected the

damage and estimated the total loss at Rs. 90,000.

However, IFB rejected the claim for compensation on the ground that

there was no manufacturing defect. They also contended that the wiring system

in the complainant’s house was defective.

But Mr. Amanullah was using a number of consumer durables such as

water heater and air-conditioner for many years and they were working

properly.

 

Questions :

 

  1. What can Mr. Amanullah do? Where can he file a complaint?
  2. How can he file a complaint and what reliefs are available to him?
  3. What are the functions of Consumer Protection Councils?

 

 

St. Joseph’s College of Commerce B.Com. 2014 Business Law Question Paper PDF Download

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1
ST. JOSEPHS COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH / APRIL 2014
BCOM – II SEMESTER
BUSINESS LAW
Duration: 3 Hours Max. Marks: 100
SECTION – A
I) Answer ALL the questions. Each carries 2 marks. (2 x 10 =20)
1. What are ‘future goods’ as per the Sale of Goods Act?
2. Explain consensus-ad-idem.
3. Define’ free consent’.
4. Who is a felon?
5. What is meant by ‘Stare decisis’.
6. Mention any 2 objectives of COPRA.
7. What is a warranty?
8. Who is an ‘authorized person’?
9. Explain the concept of ‘digital signature’?
10. What is meant by ‘infringement’?
SECTION – B
II) Answer any FOUR questions. Each carries 5 marks. (4×5=20)
11. Differentiate between Sale and agreement to sell.
12. Write a note on persons incompetent to enter into a contract.
13. Briefly explain any five types of cyber crimes.
14. What is a) capital account transaction b) current account transaction.
15. Who is an ‘unpaid seller’? What are his rights?
16. Gauri’s nephew had absconded from home. She sent her servant Lalitha in
search of her nephew. After the servant had left Gauri announced that anybody
who brought the missing boy home would be given a reward of Rs.1000. The
servant brought the missing boy home without knowing of the reward. When
the servant came to know about the announced reward, she brought an action
against Gauri to recover the same. How must this case be decided? Analyse.
SECTION – C
III) Answer any THREE questions. Each carries 15 marks. (3×15=45)
17. What are the essentials of a valid contract?
2
18. Explain the remedies for breach of contract.
19. Elucidate the procedure for grant of patents.
20. Write a note on the functioning of National Consumer Disputes Redressal
Forum.
21. Explain the doctrine of ‘Caveat Emptor’. What are its exceptions?
SECTION – D
IV) Case study- Compulsory questions. (15 marks)
a. An elder brother Venkat on account of natural love and affection,
promised to pay the debts of his younger brother Ranga. The agreement
was put in writing and was registered. But Venkat did not repay the debt.
The brother Ranga repaid the debt on his own and then sued his elder
brother for recovery of the money. Pass a decision to this case with
reasons.
b. A young widow was forced to adopt a boy under the threat of preventing
the body of her husband, who had just died, from being removed for
cremation. Is this adoption valid under law?
c. R is a manufacturer of light bulbs. He advertises in the trade press that in
future the retail price of the bulbs will be Rs 4 and that proceedings will be
taken against any dealer not observing this price. T buys a quantity of the
bulbs from X, a wholesaler. Although T had originally read the
advertisement, he forgot its contents and retails the bulbs at Rs 4.25.
Advise R.
(5+5+5)
&&&&&&&&&&&&&&&&&&&&&&&&&&
3

St. Joseph’s College of Commerce B.Com. 2014 II Sem Business Law Question Paper PDF Download

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  1. JOSEPHS COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH / APRIL 2014

BCOM – II SEMESTER

BUSINESS LAW

Duration: 3 Hours                                                                                       Max. Marks: 100

SECTION – A

  1. Answer ALL the questions. Each carries 2 marks.                                       (2 x 10 =20)

 

  1. What are ‘future goods’ as per the Sale of Goods Act?
  2. Explain consensus-ad-idem.
  3. Define’ free consent’.
  4. Who is a felon?
  5. What is meant by ‘Stare decisis’.
  6. Mention any 2 objectives of COPRA.
  7. What is a warranty?
  8. Who is an ‘authorized person’?
  9. Explain the concept of ‘digital signature’?
  10. What is meant by ‘infringement’?

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                                   (4×5=20)

 

  1. Differentiate between Sale and agreement to sell.
  2. Write a note on persons incompetent to enter into a contract.
  3. Briefly explain any five types of cyber crimes.
  4. What is a) capital account transaction   b) current account transaction.
  5. Who is an ‘unpaid seller’? What are his rights?
  6. Gauri’s nephew had absconded from home. She sent her servant Lalitha in search of her nephew. After the servant had left Gauri announced that anybody who brought the missing boy home would be given a reward of Rs.1000. The servant brought the missing boy home without knowing of the reward. When the servant came to know about the announced reward, she brought an action against Gauri to recover the same. How must this case be decided? Analyse.

 

SECTION – C

III)      Answer any THREE questions.    Each carries 15 marks.                    (3×15=45)

 

  1. What are the essentials of a valid contract?
  2. Explain the remedies for breach of contract.
  3. Elucidate the procedure for grant of patents.
  4. Write a note on the functioning of National Consumer Disputes Redressal Forum.
  5. Explain the doctrine of ‘Caveat Emptor’. What are its exceptions?

 

SECTION – D

 

  1. IV) Case study- Compulsory questions. (15 marks)

 

  1. An elder brother Venkat on account of natural love and affection, promised to pay the debts of his younger brother Ranga. The agreement was put in writing and was registered. But Venkat did not repay the debt. The brother Ranga repaid the debt on his own and then sued his elder brother for recovery of the money. Pass a decision to this case  with reasons.

 

  1. A young widow was forced to adopt a boy under the threat of preventing the body of her husband, who had just died, from being removed for cremation. Is this adoption valid under law?

 

  1. R is a manufacturer of light bulbs. He advertises in the trade press that in future the retail price of the bulbs will be Rs 4 and that proceedings will be taken against any dealer not observing this price. T buys a quantity of the bulbs from X, a wholesaler. Although T had originally read the advertisement, he forgot its contents and retails the bulbs at Rs 4.25. Advise R.

(5+5+5)

 

 

St. Joseph’s College of Commerce IV Sem Business Law Question Paper PDF Download

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st. joseph’s college of commerce (autonomous)
end semester examination – march/april 2015
BBM – IV Semester
M111403: BUSINESS LAW
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What are the Functions of Law?
  2. Which are the Underlying Principles of Patents Law in India?
  3. Describe ‘Cross Offers’.
  4. As per the Companies Act, 1956, Table – A, B, C, D and E stands for:
  5. Name any four relationships which raise presumption of undue influence.
  6. What is’ Symbolic Delivery’?
  7. Define ‘Deficiency’ as per Sec.2(1)(g) of COPRA, 1986.
  8. Describe a ‘Defunct Company’.
  9. What do you mean by the term ‘Obiter Dictum’?
  10. What is the Scope of FEMA, 1999?
 

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Mr. Sudhama sent his servant to Mr. Lucky to trace his missing nephew. Later, when there was no trace of Mr.Lucky, Mr. Sudhama made an announcement of a reward. Meanwhile, Mr.Lucky who was unaware of the reward, got back home with Mr.Sudhama’s nephew. A dispute rose, kindly resolve this issue by detailing the legal rules as to an ‘Offer’.
  12. Explain the essentials of a Contract of Sale, also highlight the different types of ‘Goods’ as per the Sale of Goods Act, 1930.
  13. Elucidate the Objectives of Consumer Protection Act, 1986.
  14. Discuss the classification of Law.
  15. Analyze the similarities and differences between FERA and FEMA.
  16. Draft a Memorandum of Association as per the requirements of Companies Act, 1956, for an imaginary company of your choice.
 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Mr. Raghuvaran, successfully completed the registration of his company, now he is in a position to raise capital for the same. As a consultant-cum-proterm Secretary to his company, guide Mr.Raghuvaran with the essential document to raise the capital, the various types that are available as per the Act and the contents of the same.
  18. Discuss the various ways to Discharge a Contract.

 
  19. Mr.Rahman, after years of research found a novel machine, which was a one-stop solution to people suffering from tooth decaying. As a friend of Mr.Rahman, help him understand the procedure to safeguard his invention, also explain the various rights that he shall enjoy and the duties that is part of the package.
  20. Explain the various Express and Implied, Conditions and Warranties as per the Sale of Goods Act, 1930.
  21. Elaborate on the procedure followed for resolving a dispute in a Consumer Forum, also explain findings of the forum.
 

SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22.  Mr. Grey Fello, a sixteen year old boy developed love towards billiards. He put in efforts to collect further information in regards to billiards and found that his passion for billiards also possesses a promising future. So, Mr.Grey Fello entered into a contract with Mr.Robert Yellow, a noted Billiards Player, to pay him a certain sum of money to learn the game and play matches with him during his world tour. Mr.Robert, made all the arrangements for Mr.Grey to learn the skill, by spending a lot of time, energy and money. Finally, the day arrived when Mr.Grey became a renowned Billard Player and disputed the payment due to Mr. Robert Yellow. The court held that, Mr.Grey Fello was liable to pay, as the agreement was one for necessaries as it was in effect “for teaching, instruction and employment, being a reasonable one, for the benefit of the infant”.

 

Questions:

a)      In light of the above case, discuss the position of minor with regards to his agreements.

 

b)     If there is a strong protection wall created by law to safeguard the interest of minors, what is the remedy if there is supplies made towards minor’s necessities, services rendered or loans incurred towards necessities?                                                                                        (10+5)

 

 

 

St. Joseph’s College of Commerce II Sem Business Law Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH /APRIL 2015
B.COM – II SEMESTER
C1 11 203: 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 term ‘Ratio Decidendi’.
  2. State any two objectives of FEMA.
  3. Over a cup of coffee in a restaurant, A invites B to a dinner at his house on a Sunday.  B hires a taxi and reaches A’s house at the appointed time, but A fails to perform his promise.  Can B recover any damages from A? Why?
  4. State the laws relating to competence of parties to a contract.
  5. Define the term Injunction.
  6. Nitesh agrees to  pay the expenses of Eshwar if he sues Gangadhar, and Eshwar agrees to give Nitesh half of any proceeds received by Eshwar as a result  of such suit.  What type of agreement is this?  Elaborate.
  7. Differentiate between a sale and an agreement to sell.
  8. Who can file a complaint as per the consumer protection act?
  9. What is meant by:

a)      Novation

b)     Remission
  10. Mention any two inventions that are not patentable.
 

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. When is consent in a contract said to be free and genuine?
  12. Mention the exceptions to the rule “Ex nudo pacto non oritur actio”.
  13. What are the sources of Indian Business Law?
  14. Why was there a need to repeal FERA and substitute it with FEMA?
  15. State the doctrine of ‘Caveat Emptor’ and explain the exceptions to it.
  16.  Is a client hiring the services of an advocate considered to be a consumer under the consumer protection Act? Why? In light of the above bring out clearly as to who is a consumer and who are not considered to be consumers under the act?
 

 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Define offer and explain the essentials of a valid offer.

 
  18. What is meant by consideration in a contract?  Examine the legal rules regarding consideration in a contract.

 
  19. Nicholas brought a car from David and used it for four months. David had no title to the car and consequently Nicholas had to hand it over to the true owner. Is there a breach of a condition or warranty? Explain the implied conditions and warranties in a contract of sale.

 
  20. When is there said to be an infringement of a patent?  What are the remedies available to a patentee in case of infringement of his or her patent?

 
  21. As the internet has grown in our country, the need has been felt to enact the relevant cyber laws which are necessary to regulate the internet in India.  As such it has led to the emergence of numerous ticklish legal issues and problems which necessitated the enactment of cyber laws.  In light of the above explain the need for cyber laws in India and the various types of cyber crimes.
 

SECTION – D
IV) Case Study                                                                                                              (3×5=15)                                                                                           
  22. Read the cases mentioned below and answer the questions that follow of ANY THREE cases by not only quoting the required law but also explaining the same.

 

  1. Brian Offered to sell his car to Alex for Rs.95,000.  Alex accepts to purchase it for Rs.94,500.  Brian refused to sell the car for Rs. 94,500.  Subsequently Alex agrees to purchase the car for Rs.95,000 but Brian refused to sell the car.  Alex sues Brian for the specific performance of the contract.  Will he succeed?  Why?

 

  1. A minor fraudulently represented to a money-lender that he was of full age, and obtained a loan of Rs.5, 000.  Has the money lender any right of action against the minor for the money lent, or for damages for fraudulent misrepresentation?

 

 

  1. George pays Rs. 2, 00,000 to Arvind, a civil servant employed in a Government department, in consideration of Arvind’s promise that a Government contract which is at the disposal of his department will be placed with George.  Before this can be done, Arvind is transferred to another department.  George now wishes to reclaim from Arvind

Rs. 2, 00,000 paid to him.  Will George succeed?

 

  1. Joseph made a contract with Sam for supplying to him certain goods at a place outside the State when there was no prohibition against sending the goods outside the state.  Subsequently prohibition was imposed on the sending of those goods to that place and the railway booking was consequently closed.   Joseph failed to supply the goods.  Sam sued Joseph for damages for non-supply of goods.  Joseph, inter alia, pleaded that the contract became impossible of performance and so he was absolved from performing it.  Will Joseph succeed in his said defense?

 

  1. Hari who was badly in need of money offered to sell his piano worth Rs.5,000 to Mario for Rs.4,000. Mario refused to buy.  Hari gradually lowered his price until Rs.1,000 was reached, which Mario accepted.  Before the piano was delivered, Hari received an offer of a larger sum from Tom, and he refused to carry out the contract with Mario, claiming that the consideration was inadequate.  Is Hari liable to pay damages to Mario for failure to carry out his part of the contract?

 

 

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St. Joseph’s College of Commerce 2016 II Sem Business Law Question Paper PDF Download

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REG NO:

 

 

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.
  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?

 

(5+5+5)

 

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