Punjab Technical University 2007 B.B.A BUSINESS LAWS - Question Paper

Roll No...........................
Total No. of ques. : 13] [Total No. of Pages : 02
Paper ID [B0105]
(Please fill this Paper ID in OMR Sheet)
BBA (105) (S05/Old)(Sem. - 1st)

BUSINESS LAWS
Time : 03 Hours Maximum Marks : 75
Instruction to Candidates:
1) part - A is Compulsory.
2) Attempt any 9 ques. from part - B.

part - A
Q1) (15 × two = 30)
a) Contract vs. Agreement.
b) Capacity to contract.
c) Voidable contract.
d) Coercion vs. Undue influence.
e) Counter offer.
f) Del credere agent.
g) Condition vs. Warranty.
h) Transfer of property vs. transfer of possession.
i) Rights of unpaid seller-against the goods.
j) Specific goods vs. Unascertained goods.
k) Crossing of cheques.
l) Accommodation bills.
m) Hundies.
n) describe Banker & Customer.
o) Negotiable Instrument.
J-8009[S-9700426] P.T.O.
J-8009 [S-9700426] 2

part - B
(9 × five = 45)
Q2) elaborate Quasi contracts?
Q3) describe Contingent contract. elaborate the rules relating to contingent
contracts?
Q4) describe Offer.What are the legal rules as to offer?
Q5) explain the Minor’s position regarding capacity to contract.
Q6) Distinguish ranging from Contract of Indemnity & a Contract of guarantee.
Q7) describe Bailment. elaborate the duties of bailee and Bailor?
Q8) What is a contract of Agency? elaborate the rights & duties of agents?
Q9) Briefly discuss the implied conditions imposed by legal regulations in a contract for the
sale of goods.
Q10) Differentiate ranging from Cheque & a bill of exchange.
Q11) discuss the special features of a legal relationship ranging from a Banker & his
Customer.
Q12) What is meant by dishonour by non-acceptance and dishonour by nonpayment?
Q13) elaborate the features of Negotiable Insturements under Negotiable
Instruments Act,1881?
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Earning:   Approval pending.