B.com Part 2 – Business Law 2007 Regular Paper

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BUSINESS LAW       2007 (REGULAR)

 

Time : 3 Hours                    Max. Marks:100

 

Instructions: Attempt Four questions from Section-”A”, and Two questions from Section “B”

 

 

SECTION “A” (COMMERCIAL LAW)

 

1.(a) What do you understand by Acceptance? What conditions must be fulfilled to convert a proposal in to promise. (13)

(b) Ahmed proposes, by a letter sent by post, to sell his car to Bashir. Bashir accepts the proposal by a letter sent by post. Explain that Ahmed may revoke his proposal and Bashir may revoke his acceptance. (04)

2.(a) State the exceptions to the rule that contract without consideration ib void. (08)

(b) Describe the various methods of ‘Prices fixation under Sales of Goods Act 1930. (09)

 

3. Explain the various ways in which a contract may be terminated. (17)

 

4.(a) How an Agency may be created. (09)

(b) What are the rules for discharge of ‘Surety’? (08)

 

5.(a) What is meant by “Performance of Contract of Sale” under Sales of Goods act 1930? Explain. (10)

(b) Explain the rights of MORTGAGE. (07)

 

6. Is a partner an agent of his firm? If so, what meant by implied authority and its limitation of authority. (18)

7. Write short notes on any THREE of the following: (18)

(i) Kinds of Goods

(ii) Bill of lading

(iii) Continuing guarantee

(v) Lay-Day and Demurrage

(iv) Rules regarding transfer of property

 

SECTION-’B” (Industrial Law)

 

8. As per Factories Act-1934, explain the following: (15)

(i) Powers of Certifying Surgeon

(ii) Employment of Women

(iii) Seasonal Factories

9.(a). When are the facts under which an employer is compensation to an injured workman under the Workmen’s Compensation Act-1923. (12)

(b) Define Accident (03)

 

10. Write short notes on any THREE of the following (15)

(i) Wage Commission

(ii) Works Council

(iii) Occupational Diseases

(iv) Award and Settlement

(v) Unfair labours practices by workmen.

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