Business Laws Question Paper 2022 I Dibrugarh University BCOM 1st SEM HONS CBCS Pattern

Business Laws Question Paper 2022
Dibrugarh University BCOM 1st SEM CBCS Pattern
2022 (Nov/Dec)
Paper: C-102 (Business Laws)
Full Marks: 80
Pass Marks: 32
Time: 3 hours

Business Laws Question Paper 2022

The figures in the margin indicate full marks for the questions

1. (a) Fill in the blanks of the following:                   1x5=5

(1) An illegal agreement is a _______ agreement. (valid/void)

(2) Bill of exchange must be accepted by the _______. (drawer/drawee/payee)

(3) Registration is _______ for an L.L.P. (optional/compulsory)

(4) Unpaid seller can sue buyer for damages for non _______. (delivery/acceptance)

(5) Acceptance can be done only by the person to whom _______ was made. (offer/sale)

(b) Write True or False of the following: 1x3=3

(1) A minor is competent to become a partner in a partnership firm.

(2) A contract of sale is an executed contract.

(3) Contract of bailment can become a voidable contract at the option of bailee.

2. Write short notes on any four of the following:              4x4=16

(a) Free consent.

(b) Quasi contract.

(c) Unpaid seller.

(d) Gratuitous bailment.

(e) Limited-liability partnership.

(f) Parties to a bill of exchange.

3. (a) Define the term ‘contract’. Explain the essentials of a valid contract.              11


(b) Discuss the various modes of discharge of a contract.

4. (a) Define contract of guarantee. Discuss the essentials of a contract of guarantee. 3+8=11


(b) Discuss the rights and duties of a bailee in a bailment.              11

5. (a) Define contract of sale. Distinguish between a sale and an agreement to sell.    3+8=11


(b) Enumerate the remedies for breach of contract of sale.            11

6. (a) Define the term ‘partnership’. Discuss in brief the rights and duties of partners. 3+8=11


(b) Explain the different modes of dissolution of a partnership firm.          11

7. (a) Define negotiable instruments. Explain the different types of negotiable instruments with example.     3+9=12


(b) Write notes on the following:               6x2=12

(1) Holder in due course.

(2) Dishonour of cheque.


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