BCom SY BCom Sem 3 BCom Sem 3 (2022 2023) Oct 2023 BUSINESS LAW Question Paper - Mumbai University | munotes

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Older exam Oct 2023 - COMMERCE Semester-end · BCom sem 3 (2022 2023) → Newer exam Oct 2023 - BUSINESS ECONOMICS Semester-end · BCom sem 3 (2022 2023) →

Questions asked in this paper

Q1 Answer the Following (any two)
- a. Define Contract & what are the essential elements of Contract?
- b. What is offer and what are its rules?
- c. Explain Capacity to Contract, Under Indian Contract Act, 1872?
- d. Explain in detail different types Contracts?
Q2 Answer the Following (any two) (Marks-20)
- a. Explain in detail thé concept of “Free Consent”
- b. What are different Modes of Discharge of Contract?
- c. Explain any five agreements, which is expressly declare to be Void under Indian Contract
- d. Explain Quasi Contract with its types?
Q3 Answer the Following (any two) (Marks-20)
- a. Distinguish between Contract of Indemnity & Contract of Guarantee
- b. What are different Rights & Duties of Bailor?
- c. Define Bailment & what are essential elements of Bailment?
- d. Explain Law of Agency what are difterent modes of creation of Agency?
Q4 Answer the Following (any two) (Marks-20)
- a. What are essential elements of Contract of Sale? b, Distinguish between Sale & Hire Purchase Agreement
- c. Explain Conditions & its types under Sale of Goods Act?
- d. Define “Unpaid Seller” & their rights against Goods & Buyer?
Q5 Answer the Following (any two) (Marks-20)
- a. What are different characteristics of Negotiable Instruments?
- b. Define Bills of Exchange and it’s Elements?
- c. Explain the Concept Noting & Protest?
- d. Define Cheque & what are different types of Cheques?

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