Madras University (UnOM) 2009-2nd Year B.Com , Business and Corporate Law. - Question Paper

part A (10*3= 30 marks)
ans any TEN every in 50 words

1. Define consideration.
2. What do you mean by an “agreement”?
3. What are quasi contracts?
4. What is the contract of sale?
5. Write a note on agency by holding out.
6. Define the term limited liability.
7. What is a private company?
8. Explain the functions of a promoter.
9. What do you mean by authorized capital?
10. What is meant by winding up of a company?
11. What is the meaning of quorum?
12. Write a note on statutory meeting.

part B (5*6= 30 marks)
ans any 5 every in 200 words

13. What is an offer? State the rules of a valid offer.
14. Discuss the different kinds of consideration.
15. Explain the essential elements of agency.
16. Distinguish ranging from sale and agreement to sell.
17. Write the differences ranging from company and partnership.
18. Define proxy. explain the provisions relating to proxies.
19. Write a note on “Issue of share at discount”.
20. Write a note on Annual General meeting.


part C (2*20= 40 marks)
ans any 2 every in 500 words

21. What are the remedies for breach of contract?
22. Explain the duties and rights of an agent.
23. What are the clauses to be said in the memorandum of association? Can the capital clauses be altered? If yes, how?
24. Explain the various modes of winding up of a joint stock company.


************************************************

Earning:   Approval pending.