Business Laws Important Questions
[Dibrugarh University BCOM 5th SEM NEP Syllabus]
Unit 1: The Indian Contract Act,
1872
Part A
Q.” All Contracts are Agreements
but all Agreements are not Contract.” Explain. Or what are the essentials of a
valid contract? 2012,
2014, 2016, 2019, 2020, 2021, 2022
Q. What are various types of
Contract? Distinguish between Valid, Void and Voidable contract. 2019
Q. “No Consideration, No
Contract”. What are the Exceptions to this rule? 2012, 2015, 2017, 2018
Q. What is Offer and Acceptance?
Explain the rules relating to offer and acceptance.
Q. What is Free Consent? When a
consent is said to be free? 2021
Q. Write
Short notes on:
- Fraud and Misrepresentations
Part B
Q. What are the various modes of
Discharge of a Contract? 2013, 2014, 2017, 2019,
2022
Q. What do you mean by Breach of
Contract? What are the remedies available for Breach of Contract?
Q. What is contingent contract?
Explain its essentials and rules. 2018
Q. What is Quasi contract?
Explain its various types with examples. 2015, 2022SN
Q. Distinguish between Contingent
and Quasi Contract.
Unit 2: Part A
The Sale of Goods
Act, 1930
Q. Discuss Expressed and Implied
conditions under Sale of Goods Act, 1930. 2012, 2014
Q. Distinguish between hire
purchase and sale and agreement to sale.
Q. What do you mean by ‘caveat
emptor’? Discuss the exceptions to this rule. 2019
Q. Define the term goods. What
are the different types of goods? 2021
Unit 2: Part B
THE NEGOTIABLE
INSTRUMENTS ACT, 1881
Q.
What are Various Types of negotiable instruments? Mention essential features of
negotiable instruments. 2012, 2016, 2021, 2022
Q. Point out differences between
bills of exchange and promissory note. 2012, 2013, 2015, 2017,
2018
Q. Mention the parties to a bill
of exchange and discuss their liabilities. 2019, 2022
Q. What is Cheque? Mention its
essentials. Draw a specimen of a cheque. 2015, 2017
Q. Distinguish between Cheque and
Bills of Exchange & Cheque and Promissory note. 2015, 2017
Q. What are Various Types of
Cheques? Distinguish between them.
Q. When a banker may honour or
dishonour a cheque? 2021,
2022
Unit 3: Consumer Protection Act 1986
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:
- Grievance Redressal Machinery under Consumer
Protection Act (District, State and National)
- District Forum
2015, 2018
- State Forum
2013
- National Forum
Unit 4: Partnership
Laws
Part A
Q. Define partnership and explain the essential
elements of partnership.
Q. State the rights and duties of partners
according to the law of partnership in India. 2020,
2022
Q. A partnership comes into existence by virtue of
an agreement and not by status. Comment.
Q. Is registration of a firm compulsory? What are
the effects of non-registration of a firm? Mention the rights which are not
affected by non-registration.
Q. State different types of partners and
partnership. 2021
Q. How can a minor become a partner of a
partnership firm? Discuss the rights and liabilities of a minor partner before
and after attaining majority.
Q. Write a brief note on implied authority of
partners.
Q. What is reconstitution of partnership? Explain
the rights of outgoing partners.
Q. What do you mean by dissolution of partnership
and partnership firm? Also distinguish between them. State various modes of
dissolution of partnership
firm.
2019, 2022
Q. What are consequences of dissolution of
partnership firm? State the liabilities of partners in case of dissolution of
firm.
Q. What is partnership deed? Mention its
contents. 2021SN
Part B
Q. What is an LLP? Explain the characteristics of
an
LLP.
2019, 2021
Q. Write a brief note on rights and liabilities of
partners in case of an LLP.
Q. Differentiate between an LLP, a Partnership firm
and a Company.
Q. What are the advantages and disadvantages of
LLPs?
Q. What is a designated partner? How a partner can
be admitted in an LLP?
Q. How an LLP is incorporated?
Q. Write short note on:
- LLP Agreement and its content 2020
- Meaning and Qualification of partnership in case
of an LLP
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