B.Com In Banking & Insurance (BCBI) Sem II 2017 18 Oct 2017-18 BUS. LAW Question Paper - Mumbai University | munotes

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1. Q1 a_ blanks :-( any 8) the Apex Court in the country, established in accordance with Constitution of 8 marks
2. Q2 Freedom the right to express one’s conviction and opinion, freely by word
3. Q3 The literally means, to command
4. Q4 Fraud means, of contract
5. Q5 Minor’s agreements is
6. Q6 Incase of pledge the Bailee is called,
7. Q7 Under Sale of Goods Act, transfer of general properly in goods means, transfer of
8. Q8 type of Negotiable Instruments is always drawn ona specified banker Of instrument is vague and cannot be clearly identified either as a promissory note or bills of exchange
9. Q10 Verifies identity of subscriber and issues Digital Signature Certificate under b State true or false (any 7)
10. Q1 ‘Noman shall be a judge in his own cause’, is one of the main principles of Natural Justice
11. Q2 The Constitution has empowered to declare only 2 types of emergencies
12. Q3 party to a contract expresses his inability to perform his part of the contract before the actual time or date of performance is due, it is called as, ‘Anticipatory Breach of Contract’
13. Q4 Specific Performance is an order of a court, restraining a person from doing a particular act
14. Q5 Incase of non-gratuitous bailment, goods are given for some consideration to the Bailee
15. Q6 Doctrine of ‘Caveat Emptor’ means, ‘Let the seller beware’
16. Q7 Specific goods or ascertained goods are unascertained goods
17. Q8 Negotiable Instruments can be oral
18. Q9 There are in Bills of Exchange
19. Q10 Information Communication Technology is defined as technology, required for information be broadly classified”. Explain various classifications of law. 8 Define sources of law and explain sources of Indian law. 7 c the salient features of Constitution of India? 8 Explain Right to Equality and Equal Protection of law as a fundamental right, guaranteed by Constitution of 7
    • Q.P. Code :04062
20. Q3 Define, ‘Contract. Explain different types of contract’. b Define, ‘Consideration and explain essentials of valid consideration. 7 Explain the types of Void Agreements. 8 d_ Explain discharge of contract in brief. 7 8 marks
21. Q4 a _ Define Indemnity and Guarantee along with its essentials. b Who can be appointed as an ‘Agent’ and what are the methods of creating of an Agency? 7 c Explain Condition and Warranty along with different types of Condition and Warranty. 8 d Who is ‘Unpaid Seller’ and what are the rights of an Unpaid Seller? 7 8 marks
22. Q5 a_ Explain ‘E-governance’ under I-T Act,2000 b Discuss role, importance and scope of Act, 2000 in brief. 7 8 marks
23. Q5 Write short notes (any 3)
    • a) Bills of Exchange 15
    • c) Acceptor
    • d) Writ of Habeas Corpus
    • e) Bailment

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