Kurukshetra University 2012 B.Com Business Regulatory Framework - Question Paper

BCS/M12:12158
BC-401:BUSINESS REGULATORY FRAMEWORK-2
TIME three HOURS MAX MARKS 90
NOTE Attempt any 5 ques. . 1st ques. is compulsory .All carry equal marks .


Q1 a When is condition to be treated as warranty?
b elaborate the different types of delivery of goods?
c elaborate the unpaid sellers right against the buyer?
d discuss sale by auction.
e Distinguish ranging from a bill of exchange and promissory note.
f What is meant by caveat emptor?

Q2 What is contract of sale ? provide its main characteristics. Distinguish ranging from sale an agreement to sell?

Q3 What is a condition? explain the implied conditions with examples.

Q4 "No 1 can provide who possesses not" Comment.Give exceptions to this rule.

Q5 discuss the rights and issues of consumer under Consumer Protection Act 1986.

Q6 Under what circumstances is a party to a negotiable instrument discharged?

Q7 discuss the term delivery and state the rules regarding valid delivery of goods.

Q8 discuss the main provisions of the foreign exchange management act.

Q9 What is a redressal machinery for consumer disputes provided in consumer protection act.

Earning:   Approval pending.