B.B.M-B.B.M 1st Sem (University of Madras (UnOM)-2011)

PAPER CODE: MWB

IMPORTANT QUESTIONS

SECTION A- SHORT ANSWERS
1. What is an offer? State the different types of offer?

2. What is misrepresentation? Distinguish it from
fraud.

3. What is ‘mercantile law’? State the objectives and
sources of it.

4. Describe the rights of a pawnee.

5. What are the various ways in which the relation of
agency arises?

6. Define the term ‘goods’. What are the different
types of goods?

7. Must a firm be registered? What are the
consequences of non-Registration of a firm?

8. Describe the various types of insurance.

SECTION B- LONG ANSWERS

9. Describe the various classification of contracts.

10. What are the ways in which a contract may be
discharged?

11. Explain the different types of agents.

12. Enumerate the rights and duties of a partner.

13. Describe the various basic principles of Insurance.

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