B.B.A-B.B.A COMMERCIAL LAW(Alagappa University - Directorate of Distance Education-2012)

DISTANCE EDUCATION
B.B.A.(C.S)/B.B.A.(C.S)/(Lateral) DEGREE EXAMINATION, MAY 2012.
COMMERCIAL LAW
(2005 onwards)
Time : Three hours Maximum :100 marks
PART A — (5 × 8 = 40 marks)
Answer any FIVE questions.
1. Define a contract of indemnity, what are the rights of an indemnity holder when sued?
2. Distinguish between liquidated damages and penalty.
3. Distinguish between coercion and undue influence.
4. Explain the rules regarding ascertainment of price in a contract of sale.
5. What is promissory note? What are its essential elements?
6. When can a partnership be dissolved compulsorily by the court?
7. What do you know about charter party and Bill of lading?
8. What is Arbitration? What are its essentials?
PART B — (4 × 15 = 60 marks)
Answer any FOUR questions.
9. What are the various ways in which a contract may be discharged.
10. State briefly the law relating to the competence of parties to a contract.
11. What are the features of marine insurance contract?
12. Briefly explain the conditions and warranties implied by law in a contract for the sale of goods.
13. Discuss the rules relating to the rights, duties and obligations of partners interse.
14. What do you know about arbitration without intervention of the court?
15. What are the rights, duties and liabilities of a common carrier?
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