B.Com. (Financial Management) SEM III 2018 2019 Oct 2019 BUS. LAW Question Paper - Mumbai University | munotes

Questions asked in this paper

• 2. Figures to the right indicate full Marks

1. Q3 Write case law or suitable example wherever it is necessary
2. Q1 A) Say whether the following statements are true or false ( any eight ). 8 marks
3. Q1 All agreements are contract
4. Q2 Contract act came in the year 1972
5. Q3 Free consent is an essential element in contract
6. Q5 The sale of goods act 1930, only deals with sale
7. Q6 has maturity of 3 months
8. Q7 Negotiable Instrument Act came in the year 1981
9. Q8 A promissory note must be in writing
10. Q9 Unpaid seller has a right to retain the goods
11. Q10 Cheque is drawn on banker only
    • B) Match the column (any seven). 7
12. Q4 Sale. d. Cash
13. Q5 Agreement to sell. e. 1872
14. Q8 Bill of exchange. h. Noting
15. Q9 Breach of contract. 1. Crossing
16. Q2 A) Explain various types of contract in detail. 15 marks
17. Q2 B) Distinguish between Agreement and Contract. 8 marks
    • C) Discuss the essentials of valid proposal. 7
18. Q3 A) When is consent said to be Free Consent? Discuss In detail. 15 marks
19. Q3 B) Discuss the duties and liabilities of bailor. 8 marks
    • C) Write a note on pledge. 7
20. Q4 A) Who is an unpaid seller? What are various Rights enjoyed by unpaid seller?
21. Q4 B) Explain the essentials of contract of sale. 8 marks
    • C) Write a note on implied condition. 7
22. Q5 A) Explain the features of Negotiable Instrument. 8 marks
    • B) Distinguish promissory note with Bill of Exchange. 7
23. Q5 Short notes ( any three). 15 marks
    • a) Void agreement
    • b) Agency
    • c) Types of goods
    • d) Bills in set
    • e) Holder in due course

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