BCom SY BCom Sem 3 BCom Sem 3 (2016 2017) Sep 2017 BUS. LAW Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 A) State whether True or False with Reason (Any 4) (8mks)
2. Q1 No consideration, no contract
3. Q2 A threat to commit suicide amounts to coercion
4. Q3 No consideration is necessary to create an agency
5. Q4 The liability of the principal debtor is secondary
6. Q5 Bailment can be movables as well as immovable property also
7. Q6 Past consideration is no consideration
8. Q7 An agreement with or by a minor is voidable
9. Q1 B) Multiple choice question (any7) (7mks)
10. Q1 In case of destruction of goods after sale, loss is borne by the (seller, buyer)
11. Q2 Sate creates a (right in rem, right in personam)
12. Q3 Risk prima facie passes with the (possession, ownership)
13. Q4 Holder in due course is a holder (for consideration, without any consideration)
14. Q5 Who is not a party to cheque (Drawer, Acceptor, Drawee)
15. Q6 Noting is to be done by (District judge, Notary public, Parties themselves)
16. Q7 is also a Bills of Exchange. (Cheque, Promissory note)
17. Q8 Maturity of an instrument is the date on which the instrument is (created, payable,
18. Q9 Doctrine of Caveat Emptor places the burden on the (seller, buyer)
19. Q10 Agreement to sell is an contract. (executory, executed)
20. Q2 A) Define contract and Discuss briefly the effect of the agreements entered by minor
21. Q2 B) Carbolic Smoke Ball Company advertised in the news paper, that it would pay Rs.1000/- to any one who contracts influenza after using, the smoke balls of the company according to the printed instructions. Mrs. Carlill used the smoke balls according to the printed instructions, yet contracted influenza she filed the suit, for Rs. 1000/-. Is the company liable to pay. Justify (3 Mks)
22. Q2 C) Write Short Notes (Any Three) (15 Mks)
23. Q1 Fraud
    • Z) Void Agreement classification of Contract
24. Q5 Consideration
25. Q3 A) What are the different modes for creation of Agency and what are the different Ki
26. Q3 B) ‘A’ employs ‘B’ to build a house with in affix time period ‘C’ Stands Guarantor ft performance. However the raw materials are-to be supplied by ‘A’. If a omits to supply t raw materials what is the liability of ‘C’. (3 Mk
27. Q3 C) Write Short Notes (Any 3) (15M
28. Q1 Contract of Indemnity
29. Q2 Contract of Guarantee
30. Q3 Contract of Bailment 4). Terminations of Agency
31. Q5 Rights and duties of Pawnor
32. Q4 A) Define Contract of Sale. Explain the essential features of such a contract and distinguish it between Sale and Agreement to Sale. (12M
33. Q4 B) ‘A’ entered into a contract of sale of carpet with ‘B’. The Agreement was had carpet B’s room. The carpet was chosen. ‘A’ delivéred the carpet at B’s place but was st before carpeting the room. Who be held liable for the loss. Justify (3 Mk
34. Q4 C) Write Short Notes (Any 3) (15M
35. Q1 Implied Conditions
36. Q2 Unpaid Seller
37. Q3 Risk Prima Facie Passes with property
38. Q4 Goods and price
39. Q5 Rules for transfer of property
40. Q5 A) Define Promissory Note. Explain its essentials and what are different kinds of QS5B) A bill drawn in Chennai upon a Merchant in Canada & made payable in Mumbai is the nature of this instrument. Explain (3 Mk
41. Q5 C) Write Short Notes (Any 3) (15M
42. Q1 Bills of Exchange
43. Q2 Types of Cheque
44. Q3 Rules of evidence in case of negotiable instruments
45. Q4 Bankers liability and non liability in payment of Cheque
46. Q5 Noting & Protest

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