LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

         B.Com.& B.A. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

LA 03

THIRD SEMESTER – November 2008

BC 3500 / CR 3500 – MERCANTILE LAW

 

 

 

Date : 06-11-08                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

SECTION – A

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

 

1. What constitutes an offer?
2. Is adequate consideration an essential for contract?
3. Give the meaning of free consent.
4. Define indemnity.
5. List four benefits of life insurance policies.
6. Who is a non-mercantile agent? Give examples.
7. What is earnest money?
8. State the rules regarding sale by auction.
9. Who is a dealer under CST act?
10. Give the meaning of penultimate sale.

 

SECTION – B

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

 

11. When is consideration or object unlawful?
12. List the rights of a common carrier.
13. How is an agency terminated?
14. Explain the doctrine of caveat emptor and state the exceptions.
15. Discuss the implied condition in a contract of sale of goods.
16. Distinguish between interstate sales and intrastate sales.
17. Write a note on registration procedure for dealers under CST act.
18. Describe five popular life insurance policies.

 

SECTION – C

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

 

19. “All agreements are not contracts but all contracts are agreements.” Discuss the statement explaining the essential elements of a valid contract.
20. Enumerate the agreements that are contrary to the public policy.
21. When is a seller deemed to be an unpaid seller? What are his rights?

 

 

 

 

  LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 04

THIRD SEMESTER – April 2009

BC 3500 / CR 3500 – MERCANTILE LAW

 

 

 

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

 

 

 

SECTION – A

Answer ALL questions.                                                                                  (10 x 2 = 20)

 

1. Define the term ‘offer’.
2. What is Contingent Contract?
3. What is Free consent?
4. Explain capacity to contract.
5. Define the contract of insurance.
6. Who is a common carrier?
7. What is meant by private carrier?
8. Explain the term performance of contract.
9. Who is an agent?
10. Who is an unpaid seller?

SECTION – B

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

 

11. Explain the legal provisions relating to a valid offer.
12. What are the legal rules regarding consideration?
13. Describe the various modes by which a contract can be discharged.
14. What are the different kings of marine insurance policies?
15. State the duties of a common carrier.
16. Explain different kinds of agent.
17. Can non-owners effect sales? if so explain.
18. What are the main objects of Central Sales Tax Act?

 

SECTION – C

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

 

19. Describe the essentials of a valid contract.
20. Explain the ways by which an agency can be terminated.
21. What are the rights and duties of buyer under the sale of goods Act?

 

 

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

                  B.Com. DEGREE EXAMINATION – CORPORATE SEC.

THIRD SEMESTER – NOVEMBER 2010

BC 3500 – MERCANTILE LAW

 

 

 

Date : 30-10-10                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

SECTION – A

 

ANSWER ALL THE QUESTIONS.                                                                      (10 x 2=20)

 

• What is ‘consensus ad idem’?
• What constitutes an offer?
• Give two examples for wagering agreement.
• Who can demand performance?
• Define ‘misrepresentation’.
• What is ‘causa proxima’?
• Explain the concept of reinsurance.
• What is insurable interest?
• State the meaning of ‘tender’?
• Define ‘goods’ under CST Act.

SECTION – B

 

ANSWER ANY FIVE QUESTIONS.                                                                                (5 x 8=40)

 

11. Discuss the essential elements of fraud.
12. Enumerate the legal rules related to offer.
13. Explain briefly the fundamental principles of insurance.
14. What is agency by ratification? Explain the requisites of a valid ratification.
15. “A seller cannot convey a better title to the buyer than he himself has.” Discuss the rule

and state the exceptions.

16. What is ‘turnover’ as per the CST Act of 1956?
17. What are the implied conditions in contract for sale of goods?
18. Explain any eight types of fire insurance policies.

 

SECTION – C

 

ANSWER ANY TWO QUESTIONS.                                                                                  (2 x 20=40)

 

1. How are contracts classified? Explain with illustrations.
2. Discuss the rights, duties and liabilities of a common carrier.
3. What are the various ways through which a contract may be discharged?

 

 

 

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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)

 

11. What is the object and nature of Law of contract?
12. State briefly the law relating to competence of parties to a contract.
13. Discuss the law relating to the effect of mistake on contracts.
14. Distinguish between a Wagering agreement and Contingent contract.
15. Explain the elements of fire insurance contract.
16. Discuss the principles of marine insurance contract.
17. Explain the rights of an unpaid seller.
18. 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)

 

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

 

 

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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)

 

11. Discuss the essentials of a valid consideration.
12. Explain the essentials and legal rules for a valid offer.
13. What do you understand by legality of object? State the cases in which object is unlawful.
14. State briefly the rights of an agent.
15. Explain the fundamental principles of insurance.
16. Explain the duties and liabilities of a common carrier.
17. What are the provisions in the CST Act regarding cancellation of registration of dealers?
18. 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)

 

19. Explain the classification of contracts.
20. Discuss the different modes of discharge of contract.
21. Discuss the procedure for Registration of dealers under central sales tax act.

 

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