Mangalore University 2007 B.B.M COMMERCIAL LAW - Question Paper

BBMBMC 203

Credit Based 3rd Semester B.B.M Degree exam
October / November 2007
(2006-07 Batch)
COMMERCIAL legal regulations

Time : three Hours Max. Marks : 120

Support your answers with cases wherever necessary.

SECTION - A (2 MARKS EACH)

1.Answer any Ten ques.. 20

a) What do you mean by 'Equity'?
b) provide the meaning of voidable contract.
c) provide the meaning of the maxim : "Ignorantia Juris Non Execusal"
d) What do you mean by 'Novation' and 'Remission'?
e) X offers to sell his car to Y for Rs.1,50,000. Y accepts the offer given his
mechanic approves the roadworthiness of the car. Is there a contract? provide reasons for your ans.
f) What is 'Continuing Guarantee'? provide an example.
g) what do you mean by general crossing? What is its effect?
h) provide the meaning of endorsement.
i) Mention any 2 conditions to be satisfied in order to consider dishonour of a cheque u/s
138 of Indian Negotible Instrument Act.
j) What do you mean by 'Arbitration'?
k) Mention the meaning of undue influence.
l) what do you mean by "Tie-In Arrangement"?

SECTION- B (8 MARKS EACH) 40

ans any 5 ques..

2. explain the rule "Acceptance must be communicated".
3. discuss the case legal regulations "Ranganayakamma vs ALWAR Setti".
4. Write a note on agreements opposed to public policy.
5. describe and distinguish ranging from fraud and misrepresentation.
6. describe and distinguish ranging from "Bill of Exchange" and " Cheque"
7. discuss "Patent", "Trademark" and "Copyright" as given under intellectual Property legal regulations.
8. Briefly discuss 'Digital signature' bringing out its relevance.

part - C (20 MARKS EACH) 60

9. describe the term "Offer". discuss the rules governing offer.
OR
explain the remedies available for breach of contract.

10.What do you mean by " Contractual Capacity"? explain the effects of minor's agreements.
OR

What is the extent of surety's liability? When is he discharged?

11. describe Consideration. discuss the rules governing consideration.

OR
discuss the term 'Agent',bringing out the essentials of agency. explain the duties
of an agent.

Earning:   Approval pending.