S.Y.B.Com Question Bank (SEM III) Business Law

 

 Q.1  Discuss the various elements of a valid contract

Q.2   Discuss in detail the various types of contract.

Q.3   Define offer.  Explain the essentials of a valid offer.

Q.4   Define consideration & explain the essentials of valid considerations.

Q.5   Describe the law relating to minor’s agreement.

Q.6   Define contingent contract.  What are the rules relating to contingent contracts?

Q.7   Explain the various modes in which a contract is discharged.

Q.8   Explain the remedies for breach of contract & the legal rules for the measurement of damages.

Q.9   Distinguish between contract of indemnity and contract of guarantee.

Q.10 Define Bailment.  What are the rights, duties and liabilities of Bailee and Bailor?

Q.11 What is contract of guarantee?  What are the rights of surety?

Q.12 What are different ways in which a surety is discharged from a liability?

Q.13 What is pledge?  What  are the rights & duties of pawnor & pawnee.

Q.14 Define agency.  What are the modes of creating an agency?

Q.15 What are the rights & duties of an agent towards his principal?

Q.16 What are the various ways in which an agency can be terminated?

Q.17 Distinguish between Sale & an agreement to sell.

Q.18 Explain the term condition & warranty.  State the implied warranties and conditions in a contract of sale of goods.

Q.19 Define unpaid seller.  What are the rights of an unpaid seller in respect of the goods sold?

Q.20 What is an Endorsement? Explain the different types of Endorsement under the negotiable instrument act of 1881.

Q.2 1 Define a Bill of Exchange.  Discuss in detail essential characteristics of a Bill of Exchange.

Q.22 Define holder in due course.  State & explain some of the important privileges of holder in due course under the negotiable instrument Act.

 


     Write short notes :

   1)      Quasi contract.                        

   2)  Essentials of a valid acceptance.         

   3)   Agency by necessity                

   4)  Doctrine of frustration.

   5)   Coercion.                                 

   6)   Wagering agreement.

   7)   Free consent.                         

   8)   Fraud & Misrepresentation.

   9)   Types of Agents                   

10)   Essential of Bailment.        

 11)   Particulars lien & general lien

12)   Principal’s rights & duties.             

13)   Kinds of Bailment                                           

14)   Caveat Emptor.

 15)   Rules of Passing of Property in Goods from seller to buyer under Sales of Goods Act.

16)   Essentials of contract to sale.

  17)   Buyer’s remedies against seller on breach of contract for sale of goods.

18)   Goods.

 

19)   Inchoate stamped instrument & Ambiguous instruments

20)   Criminal action on dishonoured cheque.

21)   Presumptions in case of negotiable instrument.

22)   Noting & Protesting.                                          

23)   Crossing of cheque & Essentials of Cheque

24)   Characteristics of negotiable instrument.

                                                                                      

     

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