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Nalanda Open University 2009 B.Com Final , (Hons), Part-II -IV (Business Law) - Question Paper

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Final Examination, 2009 B.Com. (Hons), Part-II Paper-IV (Business Law)

Nalanda Open University

Final Examination, 2009

B.Com. (Hons), Part-II Paper-IV (Business Law)

Time : 3.00 Hrs.    Full Marks : 70

Answer any five question. All questions carry equal marks.

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"All contracts are agreements but all agreements are not contracts." Explain. nn/cnnnnicnnnnnnnn.rnnsBrNi iuchii itfijgjrrtN n

Distinguish between

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(a)    Coersion and Undue Influence i

(b)    Fraud and Misrepresentation

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Discuss in brief the various modes in which a contract may be discharged.

Distinguish between Indemnity and Guarantee contract. When is a guarantee contract terminated.

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Define Pledge? State rights and duties of pawner and pawnee.

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State the various methods of termination of an agency?

Distinguish between condition and warranty. When can a breach of condition be treated as breach of warranty?

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What do you understand by term conciliation? Write its application and scope under the Act.

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Define Partnership and discuss its essential elements.

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Write short notes on any two of the following:-

(a)    Negotiable Instrument.

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(b)    Foreign Exchange Regulation Act, 1973.

(c)    Common Carrier







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