University of Pune 2007 B.B.A BUSINESS LAW - Question Paper

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B.B.A. (SEMISTER – V) EXAMINITION – 2007
BUSINESS legal regulations
TIME : three HOURS [ MAX .MARKS : 80

INSTRUCTIONS : 1] ALL ques. ARE COMPULSORY
2] Q1 TO Q4 CARRY 15 MARKS every AND Q5 CARRIES
20 MARKS
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Q1) What is consideration ? explain briefly the legal requirement of a valid consideration.
OR
Q1) What is an illegal agreement ? distinguish fraud and misrepresentation.

Q2) define the rules relating to passing of proprety in the sale of Goods.
OR
Q2) “ A company is a person separate from its members.” Examine the circumstances under which the courts may disegrated the company’s corporate
personality .

Q3) What do you mean by ‘Holder’ and ‘Holder in due course ‘ as per the provisions of negotiable act 1881 ?
OR
Q3) What do you mean by ‘Dishonour of a cheque’ ? state the the situations in which a cheque can be dishonoured.

Q4) describe the subsequent terms as per Consumer Protection act , 1986 :
1.consumer dispute
2.unfair trade practices
3.consumer complaint
OR
Q4) discuss the legal procedure for settlement of consumer complaint as per
consumer protection act, 1986
Q5) Write short notes on : ( any three)
a)free consent
b)negotiation
c)articles of association
d)right of stoppage in transit
e)private company

Earning:   Approval pending.