Alagappa University 2007 B.Com COMMERCIAL LAW - Question Paper

DISTANCE EDUCATION
B.Com. (CA) DEGREE EXAMINATION, DECEMBER 2007.


COMMERCIAL legal regulations


(2005 onwards)
Time : 3 hours Maximum : 100 marks

PART A — (5 ? eight = 40 marks)
ans any 5 ques..


1. Describe the essentials of a valid contract, when does an agreement become void?
2. What are the essential requisites of a valid tender of performance? What is the effect of refusal by the promise to accept accurate tender of goods and money?
3. What are the rights and obligations of a finder of goods?
4. What are the various types of Agents? Under legal regulations.
5. What are the rights of a partner? Under Commercial Act.
6. What do you think about negotiable instrument?
7. Define a ‘bill of lading’. How is it various from a charter party?
8. What is meant by true total loss and constructive total loss in marine insurance?


PART B — (4 ? 15 = 60 marks)
ans any 4 ques..


9. State briefly the duties of an agent? Under commercial legal regulations.
10. Does the sale of goods act give for any rules as to delivery of goods? If so elaborate they?
11. What is the procedure for the Registration of a firm, and for recording following changes? What is the evidential value of the entries in the Register of the firms? What is the effect of non-registration?
12. What are the respective rights and duties of common carriers and private carriers? Can a common carrier decrease his Liability by a special contract?
13. What are the powers and duties of an arbitrator?
14. Write short notes on
(a) Goods
(b) Document of title to goods
(c) Earnest.
15. Impossibility of performance is, as a rule, not an excuse for non-contract.

Earning:   Approval pending.