Search for Important Questions

Important Questions for "business law":

[1]

  1. Who is an unpaid seller?
  2. Explain the statement 'Sharing of profit is not conclusive evidence of partnership.'
  3. Discuss the statement 'All cheques are Bills of Exchange, but not all Bills of Exchange are cheques.'

[2]

  1. Give the difference between 'Meetings' and 'Winding up'.
  2. Differentiate between 'Bill of Exchange' and 'Cheque'.
  3. Define negotiation, describe its nature and types, and differentiate it from the assignment of a negotiable instrument.

[3]

  1. A stranger to a contract cannot sue. Give exceptions to this rule.
  2. Discuss why a seller cannot convey a better title to the buyer than he himself has.
  3. Define Negotiation and give the difference between Negotiation and Assignment of a Negotiable Instrument.

[4]

  1. Who is an unpaid seller?
  2. What is a contract of Agency? What are the essentials of the relationship of Agency?
  3. Define sale. What are the essential features of a sale? Give the difference between a sale and a hire purchase agreement.

[5]

  1. Explain the term 'Free Consent'.
  2. State the rules as to the passing of property from the seller to the buyer in a contract for the sale of goods.
  3. Discuss the various modes of dissolution of a firm.

[6]

  1. What are agreements? Distinguish between void agreements and illegal agreements.
  2. Distinguish between express and implied contracts.
  3. State the essentials of a contract of sale under the Sale of Goods Act.

[7]

  1. Briefly state the various types of partner and partnership.
  2. Explain different types of partnership and distinguish between partnership and limited liability partnership.
  3. Explain the process of dissolution of partnership.

[8]

  1. Define partnership and explain the importance of partnership registration.
  2. Explain the aims and objectives of the Partnership Act, 1930 with reference to business management among partners.
  3. What are the conditions and warranties of sale? Distinguish between them.

[9]

  1. Distinguish between sale and an agreement to sell.
  2. What do you mean by a negotiable instrument?
  3. Define bailment and state the duties of a bailor and a bailee.

[10]

  1. Define partnership. Describe its essential characteristics and discuss the true test of partnership.
  2. Differentiate between holder and holder in due course.
  3. Write short notes on surrender value.

[11]

  1. Distinguish between a contract and an agreement.
  2. What do you mean by a quasi-contract?
  3. A contract without consideration is void. Comment on the statement and give its exceptions.

[12]

  1. What are the various ways in which a contract may be discharged?
  2. How is price fixed in a contract of sale? If a price is not determined by the parties, what price, if any, is the buyer liable to pay?
  3. Write short notes on Specific and Continuing Guarantee.

[13]

  1. What is 'Partnership Deed'? What are the essential elements of a partnership deed?
  2. Explain the statement: 'All contracts are agreements, but all agreements are not contracts.' Bring out clearly the essentials of a valid contract.
  3. What do you understand by acceptance for honour and payment for honour? What are the rights and liabilities of acceptor for honour?

[14]

  1. State under what circumstances an agency may be terminated.
  2. What is 'Partnership deed'? What are the essential elements of a partnership deed? Discuss the rules which are applicable in the absence of the partnership deed.
  3. Distinguish between a 'Condition' and a 'Warranty'. In what circumstances can breach of condition be treated as a breach of warranty?

[15]

  1. Distinguish between bailment and pledge.
  2. Define a contract of guarantee. What are the essentials of a valid contract of guarantee?
  3. What do you understand by 'negotiable instrument'? Distinguish between cheque and bill of exchange.

[16]

  1. Write a short note on registration of a partnership firm.
  2. No buyer acquires a better title to the goods than that of the seller. Explain this rule and also describe the exceptions to this rule.
  3. All agreements are void in the absence of consideration. Explain this law and describe the exceptions to this law. In which circumstances is a consideration regarded as illegal?

[17]

  1. Distinguish between a Promissory Note and Bill of Exchange.
  2. Define consent. When is consent said not to be free? Discuss its effect on the validity of a contract.
  3. Distinguish between 'Holder' and 'Holder in Due Course'. What are the privileges of a holder in due course under Negotiable Instrument Act?

[18]

  1. What is the difference between 'Quasi contract' and 'Ordinary contract'?
  2. What is 'Contract of Sale'? Describe the characteristics of a contract of sale.
  3. What is Negotiable Instrument said to be dishonoured? When is notice of dishonour unnecessary?

[19]

  1. What is meant by Negotiation?
  2. Enumerate the rights and liabilities of finder of goods.
  3. Explain what is meant by Negotiation? How is it affected and how does it differ from an ordinary assignment? Can an overdue instrument be negotiated?

[20]

  1. What is meant by negotiation? How is it different from assignment?
  2. Define Contract. Explain the essentials of a valid contract. How can an offer be made?
  3. An agreement in restraint of Trade is Void. Examine the statement mentioning exception, if any.

[21]

  1. Who is Finder of goods?
  2. Who is a sleeping or dormant partner?
  3. Define Partnership. Enumerate the rights, duties and responsibilities of Partners.

[22]

  1. What is Contract of Indemnity? What are its important features?
  2. Define an unpaid seller. What are his rights?
  3. Define the term Negotiable Instrument. Explain the characteristics of a Negotiable Instrument.

GKPAD.COM by SK Yadav | Disclaimer

free counter