Tamil Nadu Open University (TNOU) 2006 B.Com Business Laws - Question Paper
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B.Com. DEGREE EXAMINATION - JANUARY, 2006. (For AY 2003-04 and CY-2004 batch students)
First Year BUSINESS LAWS Time : 3 hours Maximum marks : 75
PART A (3 x 5 = 15 marks)
Answer any THREE questions.
Answer need not exceed 1 page.
1. What are the differences between coercion and undue influence?
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2. What are the essential elements of partnership?
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3. What are the duties of the seller?
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4. What are the contents of Memorandum of Association?
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5. What are the differences between share warrant and share certificate?
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PART B (4 x 15 = 60 marks)
Answer any FOUR questions.
6. What is a Wagering agreement? What are the essentials of a wagering agreement?
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7. What is discharge of contract? Explain briefly the modes of discharge of contract.
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8. Explain the rights and duties of finder of goods.
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9. Explain the rights and duties of an agent.
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10. What is contract of sale of goods? Explain the essential elements of a sale.
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11. Explain the features of Joint Stock Company.
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12. Explain the merits and demerits of equity shares.
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