BCom SY BCom Sem 3 BCom Sem 3 (2018 2019) Mar 2019 ATKT BUSINESS LAW) Question Paper - Mumbai University | munotes
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Questions asked in this paper
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Q2 All questions are compulsory subject to internal choice
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Q3 Figures to the right indicate maximum marks
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Q1 Attempt ANY TWO from the following:
- a) How is acontract different from an agreement? Explain the legal rules regarding offer. 10
- b) Discuss the legal rules regarding acceptance, 10
- c) Explain the concept of consideration in a contract. Which are the exceptions to the rule, ‘No consideration, No Contract.’ 10
- d) Discuss the effects of a minor’s agreement. Attempt ANY TWO from the following: 10
- a) Explain the void agreements given under the Indian Contract Act. 10
- b) Distinguish between agreement entered by fraud and agreement entered into by 10
- c) Explain the Quasi Contracts. 10
- d) Explain the meaning of discharge by breach of contract and explain discharge by operation of law Attempt ANY TWO from the following: 10
- a) Explain the essentials of Bailment 10
- b) Distinguish between Pledge and Lien 10
- c) Explain the essentials of the contract of Indemnity with examples. 10
- d) Discuss the Duties and Rights of a Principal in the contract of Agency. 10
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Q4 Attempt ANY TWO from the following:
- a) Distinguish between Sale and Agreement to Sell. 10
- b) Explain the implied conditions under the Sale of Goods Act. 10
- c) Discuss the rules relating to transfer of properly in the case of sale of specific goods and the sale of unascertained goods 10
- d) Explain the unpaid sellers right of lien and stoppage of goods in transit. Attempt ANY TWO from the following: 10
- a) Explain dishonour of cheque under the Negotiable Instruments Act. 10
- b) Discuss the meaning of Payment in due course, Noting and Protest. 10
- c) Distinguish between Cheque and Bill of Exchange. 10
- d) Discuss the essentials of a Cheque. THA LTS AT, Ro a, (payment in due course), 10
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