Punjab University 2008 B.B.A BUSINESS LAW - exam paper

B.B.A BUSINESS legal regulations ques. paper - 2008

BUSINESS legal regulations

Time : three hours Maximum marks : 75

ans for five marks ques. should not exceed two pages.

ans for 15 marks ques. should not exceed five pages.

part A — (3 x five = 15 marks)

ans any 3 ques..

All ques. carry equal marks.

1. discuss the legal rules regarding auction sales.

2. Who is competent to enter into a contract?

3. elaborate the rights of a partner?

4. State the rules of an agency.

5. State any 4 differences ranging from a cheque and a bill of exchange.

part B — (4 x 15 = 60 marks)

ans any 4 ques..

All ques. carry equal marks.

6. What is meant by consideration? discuss the legal rules regarding consideration.

7. What is meant by negotiable instrument? discuss various types of negotiable instruments.

8. discuss the rights of an unpaid seller.

9. define the different modes by which a contract may be discharged.

10. Differentiate ranging from conditions and warranties.

11. Write short notes on :
(a) Implied Contract.
(b) Hire Purchase Agreement.
(c) Dissolution of a firm.

12. discuss the modes of termination of agency.

Earning:   Approval pending.