Business Law Question Paper' 2018, Assam University Question Paper, B.Com 1st Sem CBCS Pattern

  Assam University B.Com 1^st Sem Question Papers
TDC (CBCS) Odd Semester Exam., 2018
COMMERCE (1^ST Semester)
Course No.: COMHCC – 102T
(Business Law)

Full Marks: 70

Pass Marks: 28

Time: 3 hours

The figures in the margin indicate full marks for the questions

Answer all questions

UNIT – I

1. Answer any two of the following:                        2x2=4

a)         Define contract.

b)         What is quasi contract?

c)          Define contingent contract.

2. Answer any one of the following:                        10

a)         “All contracts are agreement but all agreements are not contracts.” Discuss.

b)         What do you mean by discharge of contracts? What are the different modes of discharge contracts? Discuss.

UNIT – II

3. Answer any two of the following:                        2x2=4

a)         What is Contract of Indemnity?

b)         Define the Contract of Guarantee.

c)          What is Agency by Ratification?

4. Answer any one of the following:                        10

a)         Compare the Contract of Indemnity and Contracts of Guarantee.

b)         Discuss the rights and duties of Sailor.

UNIT – III

5. Answer any one of the following:                        2x2=4

a)         Define goods.

b)         Write down two essential elements of Contract of Sale.

c)          What is warranty?

6. Answer any one of the following:                        10

a)         Distinguish between Sale and Agreement to Sale.

b)         Who is an unpaid seller and what are the rights of an unpaid seller?

UNIT – IV

7. Answer any two of the following:                        2x2=4

a)         What is Partnership Deed?

b)         Write two features of Limited Liability Partnership.

c)          State any two properties of partnership firm.

8. Answer any one of the following:                        10

a)         Discuss the mutual rights and duties of partners.

b)         Distinguish between Partnership and Joint Stock Company.

UNIT – V

9. Answer any two of the following:                        2x2=4

a)         What is meant by ‘payment in due course’?

b)         What is negotiable instrument?

c)          What is meant by ‘crossing of cheque’?

10. Answer any one of the following:                      10

a)         What is meant by ‘holder in due course’ and what are his privileges?

b)         What are the distinctions between bill of exchange and Cheque?

Also Read: Assam University B.Com 1st Sem (CBCS Pattern - Year 2018)

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