B.com Part 2 – Business Law 2008 Regular Paper

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Time : 3 Hours                    Max. Marks:100





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


1. a) Who is competent to contract? (08)

(b) Discuss briefly the law relating to ‘contract with minor’ underPakistan’s Law. (10)

2.(a) What do you understand by Performance of Contract? (07)

(b) Explain the possible ways of Termination of contract. (10)


3.(a) When is a seller of goods deemed to be unpaid seller?(07)

(b) What do you understand by rule of Caveat Emptor? (Let the buyer beware) (10)


4.(a) Define partnership under Partnership Act. (07)

(b) What are the restrictions imposed by law on the unregistered firm. (10)

5. Differentiate any TWO of the following:

(i) Bill of Exchange & Promissory note. (09)

(ii) Condition and warranty. (09)

(iii) Contract of indemnity and guarantee. (09)


6.(a) Discuss the charter party and Bill of Lading. (07)

(b) What are the implied warranties in charter party? (10)


7. Write short notes on any TWO of the following: (17)

(i) Valid Contract

(ii) Common Carrier

(iii)Saleand Agreement to Sell

(iv) Bailment

Section “B” (Industrial Law)



8. Write brief account of the provisions to Health an safety of workers under Factories Act.

9. Define collective Bargaining Agent. What are its rights and duties under Industrialist Ordinance?

10. Write a short note on any THREE of the following:

(i) Seasonal Factory

(ii) Occupier

(iii) Accident

(iv) Total Disablement

(v) Partial Disablement

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