Calicut University 2007 B.Com business and corporate laws - Question Paper
c31199-A
C 31199-A (Pages : 2) Name.....................................
Reg. No.............................
SECOND YEAR B.Com. DEGREE EXAMINATION, MAY 2007
Part IIICommerce
Paper VBUSINESS AND CORPORATE LAWS
Time : Three Hours Maximum : 80 Marks
Section A
Answer any ten questions.
Each question carries 1 mark.
1. What is contract of guarantee ?
2. Who may be an agent ?
3. What is Dock warrant ?
4. What are statutory companies ?
5. What is Coercion ?
6. What is non-gratuitous bailment ?
7. Who is an unnamed principal ?
8. What is meant by caveat emptor ?
9. What are immoral agreements ?
10. What is Supervening impossibility ?
11. Distinguish between a condition and warranty.
12. Write a note on consumer disputes redressal agencies.
(10 x 1 = 10 marks)
Section B
Answer any ten questions.
Each question carries 4 marks.
13. What is an ordinary resolution ?
14. What is perpetual succession ?
15. What are the different types of resolution ? Which may be passed in the meeting of shareholders ?
16. What is quantum meruit ?
17. What do you mean by Golden Rule ?
18. Mention the objectives of SEBI.
19. What are the special privileges of Private Companies ?
20. State the different remedies available to the aggrieved party for a breach of contract and explain the principles of which damages are assessed for breach of contract.
Turn over
2 C 31199-A
21. What is Reciprocal promises ?
22. What is a lien ?
23. What do you mean by minimum subscription ?
24. What is a resolution ?
(10 x 4 = 40 marks)
Section C
Answer any two questions.
Each question carries 15 marks.
25. What ar.e the contents of memorandum of association ? When and how object clause can be altered ?
26. What are requisites of valid meeting ?
27. An agreement requires meeting of minds. Comment.
(2 x 15 = 30 marks)
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