Maharshi Dayanand Saraswati University (MDSU) 2006 B.Com BUSSINESS ADMINISTRATION - exam paper

M.D.S. UNIVERSITY AJMER
B.COM. (HONS.) (PART1) EXAMINATION, 2006
(Three-year scheme)
(Honours-paper)
BUSSINESS ADMINISTRATION
(Subsidiary Paper)
Second Paper
(Business Law)
Time allowed : 3 hours
Max. marks : 100
Selecting at lowest 1 ques. from every Unit, attempt any 5 ques.. All ques. carry equal marks.

Unit-I
1. “All contracts are agreement but all agreement are not contracts.” discuss the statement. 20

2. What is meant by competency to contract ? Who are the different persons regarded as competent by legal regulations to enter into contract ? 6+14


Unit-II

3. describe Agencies. How is it created and terminated ? 4+4+8

4. Define a contract of Guarantee and distinguish ranging from a contract of Indemnity and Guarantee. 6+14

Unit-III
5. What is meant by unpaid seller ? discuss the rights of unpaid seller against goods.
6+14

6. Distinguish ranging from :

Condition and warranty
Sale and agreement of sale 10+10


Unit-IV

7. “The Registration of Partnership Firm is not compulsory but essential.” Comment. elaborate the consequences of non-registration of a firm ? 14+6

8. What is the composition of District Forum under the Consumer Protection Act, 1986 ? provide the procedure adopted by the District Forum in setting consumer disputes. 20

Unit-V

9. Define a negotiable instrument. Mention the legal presumption made in respect of negotiable instruments. 6+14


10. Write short notes on the subsequent :

Payment in due course

Holder in due course

Privileges of a Holder in due course 6+7+7

Earning:   Approval pending.