Loyola College Mercantile Law Question Papers

Loyola College B.Com Corporate & Secretaryship Nov 2008 Mercantile Law Question Paper PDF Download

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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)

 

  1. When is consideration or object unlawful?
  2. List the rights of a common carrier.
  3. How is an agency terminated?
  4. Explain the doctrine of caveat emptor and state the exceptions.
  5. Discuss the implied condition in a contract of sale of goods.
  6. Distinguish between interstate sales and intrastate sales.
  7. Write a note on registration procedure for dealers under CST act.
  8. Describe five popular life insurance policies.

 

SECTION – C

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

 

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

 

 

 

 

Loyola College B.Com Corporate & Secretaryship April 2009 Mercantile Law Question Paper PDF Download

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  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)

 

  1. Explain the legal provisions relating to a valid offer.
  2. What are the legal rules regarding consideration?
  3. Describe the various modes by which a contract can be discharged.
  4. What are the different kings of marine insurance policies?
  5. State the duties of a common carrier.
  6. Explain different kinds of agent.
  7. Can non-owners effect sales? if so explain.
  8. What are the main objects of Central Sales Tax Act?

 

SECTION – C

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

 

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

 

 

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Loyola College B.Com Corporate & Secretaryship Nov 2010 Mercantile Law Question Paper PDF Download

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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)

 

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

and state the exceptions.

  1. What is ‘turnover’ as per the CST Act of 1956?
  2. What are the implied conditions in contract for sale of goods?
  3. 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 B.Com Corporate & Secretaryship April 2012 Mercantile Law Question Paper PDF Download

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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)

 

  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

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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)

 

  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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Loyola College B.Com Corporate & Secretaryship Nov 2013 Mercantile Law Question Paper PDF Download

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Loyola College B.Com Corporate & Secretaryship April 2016 Mercantile Law Question Paper PDF Download

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Loyola College B.B.A. Business Administration April 2008 Mercantile Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION

AP 06

 

THIRD SEMESTER – APRIL 2008

BU 3500 – MERCANTILE LAW

 

 

 

Date : 22/04/2008                Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

SECTION – A                       (10 X 2 = 20 marks)

Answer ALL the questions:

 

  1. What is a Voidable contract?
  2. What is an “Executory Contract?”
  3. Define a “Cross offers”.
  4. Write a short note on “Minor as an Agent”.
  5. Define the term “Authority of an Agent”.
  6. Define the term “Agreement to sell”.
  7. Define Warranty.
  8. Define “Charter Party”.
  9. What are the terms commonly used in respect of all Insurance Contracts?
  10. Define “Maritime Perils”.

 

SECTION – B                       (5 X 8 = 40 marks)

Answer any FIVE questions:

 

  1. Discuss the Classification of Contracts according to their mode of creation.
  2. Explain about the persons who are disqualified by law to enter into a contract.
  3. State the provisions of Indian Contract Act regarding the persons who are entitled to perform the contract.
  4. Discuss the agency relationship between a husband and his wife.
  5. Define the term “Goods”. What are the classification of Goods- explain the provisions under the Sale of Goods Act.
  6. Define a Common Carrier. What are the characteristics of a Common Carrier?
  7. Discuss the types of Marine Policies.
  8. Discuss the principles of Insurance.

 

 

SECTION – C                       (2 X 20 = 40 marks)

Answer any TWO questions only:

 

  1. Discuss in detail the essential and legal rules for a valid contract.
  2. Explain the various types of Life Insurance Policies.
  3. Explain in detail the cases where Objects and Consideration is Unlawful.

 

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Loyola College B.B.A. Business Administration Nov 2008 Mercantile Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

    B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION

OA 04

 

THIRD SEMESTER – November 2008

BU 3500 – MERCANTILE LAW

 

 

 

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

Time : 9:00 – 12:00

PART – A

Answer ALL Questions:-                                                                                                       ( 10 x 2 = 20)

 

  1. What do you understand by consensus ad idem?
  2. Distinguish with an example ‘jus in rem’ and ‘jus in personam’.
  3. What is a wagering agreement?
  4. Can a third party ( a stranger to the contract) come forward to perform the contract?
  5. Who is a private carrier?
  6. What do you understand by the doctrine of subrogation?
  7. Distinguish a sub agent from a substituted agent.
  8. Does hire purchase agreement amount to a sale? Explain.
  9. Under the CST Act, where is a sale said to take place (i.e. Place of sale)?
  10. Give two exemptions to the rule ‘Nemo dat non quod habet’.

PART – B

Answer any FIVE Questions:-                                                                                               ( 5 x 8 = 40)

 

  1. Define an offer. When does an offer come to an end?
  2. Examine the legal position of minors in contract.
  3. Explain and illustrate the effect of ‘mistake of fact’ on contracts.
  4. Explain the provisions on assignment of contracts.
  5. Examine the liabilities of a common carrier.
  6. What do you understand by maritime perils?
  7. Can an agent be held liable for the contracts entered into by him on behalf of the principal? Explain.
  8. Briefly discuss what kinds of sale come under the definition of ‘sale in the course interstate trade or

commerce’.

PART – C

Answer any TWO Questions:-                                                                                                ( 2 x 20 = 40)

 

  1. In the case Abdul Aziz Vs Masum Ali, it was held “ the promise was not enforceable because there

was no consideration in the sense of benefit”. Explain the case and bring out the legal requirements for

a valid consideration.

  1. “Impossibility of performance is as a rule, not an excuse for non performance of a contract”. Discuss.
  2. What are the rights and duties of the buyer under the Sale of goods Act?

 

 

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Loyola College B.B.A. Business Administration April 2009 Mercantile Law Question Paper PDF Download

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   LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION

JQ 05

THIRD SEMESTER – April 2009

BU 3500 – MERCANTILE LAW

 

 

 

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

 

 

 

SECTION – A

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

 

  1. What is a ‘voidable contract.’?
  2. Mention the persons who are not competent to contract.
  3. Give the meaning of ‘misrepresentation.’
  4. Define ‘reciprocal promises’.
  5. What are wagering agreements?
  6. Write a note on ‘indemnity.’
  7. List the two essentials needed for relationship of agency.
  8. State the meaning of ‘passing of property.’
  9. What is a ‘private carrier’?
  10. What is a public policy?

 

SECTION – B

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

 

  1. Discuss the essentials of a valid contract.
  2. State the legal rules of a valid offer.
  3. “A mere silence as to facts is not fraud” Discuss.
  4. Discuss any five agreements which are contrary to public policy.
  5. Explain the various types of Fire Insurance policies.
  6. Enumerate the principles of insurance.
  7. State the rights of an agent against the principal.
  8. How is a dealer registered under Central Sales Tax Act?

 

 

SECTION – C

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

 

  1. What are the various ways in which a contract may be discharged?
  2. Discuss the rights, duties and liabilities of a common carrier.
  3. Explain the conditions and warranties implied by law in a contract for Sale of Goods.

 

 

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Loyola College B.B.A. Business Administration April 2011 Mercantile Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION

THIRD SEMESTER – APRIL 2011

BU 3500 – MERCANTILE LAW

 

 

 

Date : 12-04-2011              Dept. No.                                                    Max. : 100 Marks

Time : 1:00 – 4:00

 

 

SECTION – A

Answer ALL questions                                                                                               (10 X 2 = 20)

 

  1. Define contract.
  2. Explain the concept of contractual capacity.
  3. What is meant by discharge of contract?
  4. What contracts need not be performed?
  5. Explain ‘Causa proxima’
  6. What is a contract of marine insurance?
  7. Who is a mercantile agent?
  8. What is an agreement to sell?
  9. Explain ‘caveat emptor’.
  10. Define turnover as per the central sales, Tax Act.

SECTION – B

Answer any FIVE questions                                                                                                   (5 X 8 = 40)

 

  1. What are the essential elements of a Valid Contract?
  2. Explain the law relating to Minor’s Contracts?
  3. What are the rules relating to Contingent Contracts?
  4. Describe the various modes by which a contract may be discharged.
  5. What are the different types of life insurance policies?
  6. State the duties of a Common Carrier.
  7. What are the effects of termination of agency?
  8. What are the rules regarding delivery of goods in a contract of sale.

SECTION – C

 

Answer any TWO question                                                                            (2 X 20 = 40)

 

  1. What is consideration? Discuss in detail the provisions of law relating to it.
  2. Discuss the implied conditions and warranties laid down under the sale of goods Act.
  3. Define dealer. Explain the provision regarding registration of a dealer as per the central Sales tax Act.

 

 

 

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Loyola College B.B.A. Business Administration April 2012 Mercantile Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION

THIRD SEMESTER – APRIL 2012

BU 3500 – MERCANTILE LAW

 

 

 

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

Time : 9:00 – 12:00

 

                                                          PART –A                                      (10×2=20 marks)

ANSWER ALL THE QUESTIONS:

 

  1. Define contract.
  2. What is consideration?
  3. What is free consent?
  4. What do you mean by contingent contract?
  5. What is insurance?
  6. Define warranty.
  7. What is caveat emptor?
  8. Define agency.
  9. Who is a unpaid seller?
  10. Define turnover as per central sales Act.

 

                                                            PART –B                                                      

 

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

 

  1. What is offer? What are the requirements of a valid offer?
  2. Explain the law relating to minor and married women.
  3. Explain the liabilities of a common carrier.
  4. Distinguish between sale & agreement to sell.
  5. Explain various types of contracts.
  6. State the rights of an unpaid seller.
  7. Explain the principles of insurance.
  8. State the rules relating to contingent contracts.

 

                                                                        PART –C                                              

                                           

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

 

  1. Define and explain the essential elements of a valid contract.
  2. Explain the rights, liabilities and duties of an agent.
  3. Discuss the procedure for registration of dealers under CST Act.

 

 

 

 

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Loyola College B.B.A. Business Administration Nov 2012 Mercantile Law Question Paper PDF Download

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LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.B.A. DEGREE EXAMINATION – BUSINESS ADMINISTRATION

THIRD SEMESTER – NOVEMBER 2012

BU 3500 – MERCANTILE LAW

 

 

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

Time : 9:00 – 12:00

 

PART – A

 

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

  1. Define ‘contract’?
  2. What is consideration?
  3. What is free consent?
  4. What is meant by contingent contract?
  5. Define insurance.
  6. What is double insurance?
  7. Who is an agent?
  8. Who is an unpaid seller?
  9. Define sales as per CST Act.
  10. Give the meaning for ’CAVEAT EMPTOR’.

 

PART – B   

Answer FIVE questions from the following:                                                                            (5×8=40)

  1. Briefly explain the various types of contract.
  2. What is ‘illegal agreement’? In what circumstances the object of an agreement is said

to be unlawful?

  1. State the features of common carrier.
  2. Distinguish between sale and agreement to sell.
  3. State and discuss the circumstances under which contracts need not be performed.
  4. Discuss the rights and duties of finder of goods.
  5. Distinguish between conditions and warranties.
  6. Differentiate life insurance from general insurance.

PART – C               

 

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

 

  1. Write the essentials of a valid contract.
  2. State briefly the various modes in which a contract may be discharged.
  3. Give an account on the essential features of contract of insurance.

 

 


 

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Loyola College B.A. Corporate & Secretaryship April 2008 Mercantile Law Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.A. DEGREE EXAMINATION – CORPORATE SECRET.

GF  19

 

THIRD SEMESTER – APRIL 2008

CR 3500 – MERCANTILE LAW

 

 

 

Date : 26/04/2008                Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

SECTION-A

  1. Answer ALL questions: (10×2=20Marks)

 

  1. What is “Jus in Personam”? Give an example.
  2. What are the two parts of Indian Contract Act?
  3. What is an “Executory Contract”?
  4. Define “Cross Offers”.
  5. What is consideration?
  6. Define the term “Privity of Contract”.
  7. Define “Warranty”.
  8. Define “Charter Party”.
  9. What are the terms commonly used in respect of all Insurance Contracts?
  10. Define a Factor.

 

SECTION-B

  1. Answer any FIVE questions: (5 x 8 = 40 Marks)

 

  1. Discuss the Classification of Contracts according to the mode of Creation.
  2. Explain about the persons who are disqualified by law to enter into a contract.
  3. Define the term “Undue Influence”. What are the essential and legal rules for a valid Undue Influence?
  4. Discuss the agency relationship between a husband and his wife.
  5. Explain the concept of “Doctrine of Caveat Emptor” and bring out the exceptions of this doctrine.
  6. Define the term “Goods”. What the classifications of Goods are as explained under “The Sale of Goods Act”?
  7. Define the Contract of Insurance. What are the essentials of a Contract of Insurance?
  8. Discuss the Types of Marine Policies.

 

SECTION-C

III. Answer any TWO questions:                                        (2 x 20 = 40 Marks)

 

  1. Discuss in detail the essential and legal rules for a valid contract.
  2. Discuss in detail the effects of Minor’s agreements under the Indian Contract Act.
  3. “Ratification is tantamount to prior authority”. Comment and explain the requisites of a valid ratification.

 

 

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