Jai Narain Vyas University 2006 B.Com PART 1- BUSINESS REGULATORY FRAMEWORK - Question Paper

B.com.(part I) exam of the 3 year Degree Course2006
BUSINESS REGULATORY FRAMEWORK 2006
Time-Three Hours
Maximum marks-100
Note:- (1) Attempt 5 ques. in all,selecting either (A) or (B) from every unit
(2) All ques. carry equal marks.
UNIT one
1(A) I.Define the subsequent according to sec.2:-
(a) Proposal
(b) consideration
(c) Agreement
(d) Reciprocal promises
(e) Voidable contract.
II. What is void agreement? Briefly state the different agreements that are expressly declared void by the Indian contract act.Explain
OR
(B) I Is President of India has contractual capacity or Not? discuss.
II discuss clearly the legal regulations relating to the communication of
(a) Offer
(b) acceptance
(c) revocation
UNIT 2
two (A) I. What is meant by discharge of Contract? Descibe the methods of discharge of Contract
II. Who can demand the performance of promises?
OR
(B) I. I elaborate the remedies available to an aggrieved party for the breach of contract? explain.
II. By whom contract must be performed?
UNIT 3
3 (A) I. What is Bailment?
II. What is Agency? How is it created and terminated?
OR
(B) I. What is pledge?
II. What do you understand by a contract of guarantee? elaborate its special features? Distinguish ranging from a contract of Guarantee and contract of Indemnity.
UNIT 4
4(A) I. describe the term "good" elaborate the various kinds of good? discuss it.
II."Nemo Dat Quod Non-Habet"- Comment giving exception to this rule.
OR
(B) I. What is delivery?
II.Distinguish ranging from condition and Warrant.
III.Distinguish ranging from Sales and a Hire purchase agreement.
UNIT 5
5(A) Write short notes on the following:-
(a) Complainant
(b) Unfair trade practices.
(c) who is consumenr?
elaborate his rights under consumer Protection Act?
OR
(B) What is the National Commission in consumer Protection Act? define the constitution,scope and preocedure of disposal of complaints.

Earning:   Approval pending.