File Details:

{"filename":"bba-1-sem-business-laws-18040-dec-2017.pdf","subject":"Business Laws","exam":"B.B.A. Examination, Dec. 2017","semester":"I","course_code":"BBA-105","maximum_marks":"75","sections":["Section-A: Very Short Answer Questions","Section-B: Short Answer Questions","Section-C: Detailed Answer Questions"]}

Questions:

  1. Define void and voidable contracts.
  2. Distinguish between a Promissory Note and Bill of Exchange.
  3. Explain the doctrine of Caveat Emptor in brief.
  4. What do you mean by implied contracts?
  5. Is the registration of a partnership firm compulsory? Explain.
  6. Explain the statement 'All contracts are agreements but all agreements are not contracts.'
  7. What do you mean by Unpaid Seller? Discuss the rights of unpaid seller.
  8. Distinguish between a contract of indemnity and contract of guarantee.
  9. Define consent. When is consent said not to be free? Discuss its effect on the validity of a contract.
  10. Define a contract of agency. How is it created and how is it terminated?
  11. Comment on the statement 'No buyer acquires a better title to the goods than that of the seller.' Discuss the exceptions to this rule as per Sales of Goods Act.
  12. What do you mean by partnership? Enumerate the rights, duties, and responsibilities of a partner under Indian Partnership Act.
  13. Distinguish between 'Holder' and 'Holder in Due Course'. What are the privileges of a holder in due course under Negotiable Instrument Act?
  14. What is the difference between bailment and pledge? Explain briefly the rights and duties of pawner and pawnee.
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