Dibrugarh University - (Semester I) - Business Laws (Business Regulatory Framework) Important Questions and Answers for 2021Exam

BUSINESS LAWS IMPORTANT QUESTIONS 

(NON CBCS PATTERN OLD COURSE)

Dibrugarh University B.Com 1st Sem

Unit 1: The Indian Contract Act, 1872

Q.”All agreements are Contracts but all Contracts are not agreement.” Explain. Or what are the essentials of a valid contract?        2012, 2014, 2016       

Q. What are the various modes of Discharge of a Contract? 2013. 2014. 2017

Define and Distinguish between Valid, Void and Voidable contract.                 

Q. What is consideration? What are its essentials? What are the Exceptions to the rule “No Consideration, No Contract”?          2012, 2015, 2017, 2018

Q. What is contingent contract? Explain its rules.

Q. What is Free Consent? When consent is said to be free?               

Q. Write Short notes on:

a)   Quasi Contract       2015

b)   Contingent Contract     2013, 2018

Unit 2: THE SALE OF GOODS ACT, 1930 AND CONSUMER PROTECTION ACT

Part A

Q. Define the term Contract of Sale. What are the essentials elements of a contract of sale? Distinguish between Sale and Agreement to Sale.   2013, 2015, 2017

Q. Discuss Expressed and Implied conditions under Sale of Goods Act, 1930.    2012, 2014

Q. Distinguish between Condition and Warranty. Explain the cases where condition is treated as warranty.            2013, 2016, 2018

Q. Who is the Unpaid Seller? Discuss briefly his rights under sale of goods Act, 1930.            2012

Part B

Q. Mention the Basic features and Objectives of Consumer Protection Act, 1986..      2014, 2017

Q. Who is a Consumer under Consumer Protection Act, 1986? What are their rights and responsibilities?

Q. Explain the term Complaint and Complainant. Describe the procedure for filling complaints.   2013, 2016

Q. Write short notes on:

a)   Grievance Redressal Machinery under Consumer Protection Act  (District, State and National)

b)   Caveat Emptor and Its Exceptions                   

c)    District Forum    2015, 2018

d)   State Forum   2013

e)   National Forum

Unit 3: THE NEGOTIABLE INSTRUMENTS ACT, 1881

Q. Define the term Negotiable instruments. What are its presumptions? Mention its essential features. Mention its essential features.  2012, 2016

Q. Define Bills of exchange and Promissory note. Mention their essentials. Point out differences between bills of exchange and promissory note.   2012, 2013, 2015, 2017, 2018

Q. What is Cheque? Mention its essentials. Distinguish between Cheque, Promissory note and Bills of Exchange. 2015, 2017

Q. What do you mean by crossing of a cheque? What are its various types? 2014, 2016, 2018

Q. Explain the meaning of endorsement. What are its various kinds?

Unit 4: INDUSTRIAL DISPUTE ACT

Q. Define Industry and Industrial Disputes as per Industrial Dispute Act. What are its characteristics and objectives? What are various causes and consequences of Industrial disputes?      2016, 2018

Q. Define the terms “Strike” and “lock-out”. When does a strike or lock-out become illegal? How Strike and Lock-out is prohibited?      2014, 2015, 2017

Q. What is layoff? Distinguish between lay-off and closure. How Lay-off can be prohibited?       2017

Q. Write short notes on the following: (i) workmen (ii) Employer (iii) Wages (iv) Bonus (v) Gratuity (vi) Lockout (vii) Strike (viii) Public Utility Services (ix) Lay-off (x) Closure (xi) Continuous Services.

Q. What are various elements of Strike and lock out?   2016

Q. What are various authorities set up under the Industrial Disputes Act for investigation and settlement of industrial disputes?

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