Hemwati Nandan Bahuguna Garhwal University 2006 B.Com BUSINESS LAWS - Question Paper

1. True/False: (a) Every agreement enforceable by legal regulations is a contract. (b) Performance of the condition of a proposal amounts to acceptance of the proposal. (c) Agreement with minor is not void. (d) Acceptanceis essential for a proposal. (e) There are 2 parties to a cheque
2. provide short ans to every question: (a) Characteristics of a legal contract (b) Free consent (c) Contingent contracts (d) Sub-Agent (e) Crossing of a cheque
3. discuss the difference ranging from proposal and invitation to make a proposal
4. What is Contract? discuss any 3 main characteristic of a contract.
5. describe consideration and discuss its characteristic.
6. define the method of discharge of a contract.
7. What is a contract of guarantee? Under What circumstances a surety is discharged from his liability?
8. discuss the meaning of contract of sale and define the characteristics of a contract of sale.
9. describe partnership and discuss its characteristics.
10. describe negotiable instrument and explain the legal presumptions of a negotiable instruments.
11. The part of agreement in restraint of trade is: (a) the goods are ascertained (b) the goods are uncertained (c) the goods are valuable (d) the goods are perishable
12. In case of contract of sale under a patent name there is: (a) Implied condition (b) Implied warranty (c) Warranty (d) None

Earning:   Approval pending.