B.Com-B.COM 6th Sem BUSINESS LAW(Bangalore University, Bangalore-2007)

VI Semester B.Com Examination, June 2007
(Semester Scheme)
COMMERCE
Paper 6.1 : Business Law

Time : 3 Hours Max. Marks : 90

Instruction : Answers should be written completely either in English or in Kannada

Answer any 10 of the following: (2x10=20)

1 a) State the need for the knowledge of Business Law.

b) Define the term Agreement.

c) What is voidable contract?

d) What is Bilateral mistake?

e) Give the meaning of Patent rights.

f) What is meant by Hazardous substance?

g) What includes Environment?

h) State the objectives of Consumer Protection Act.

i) Who can file complaint under Consumer Protection Act?

j) What is foreign exchange?

k) Mention any 4 types of cyber crimes.

l) Define goods under Competition Act, 2002.

SECTION –B

Answer any 5 of the following; (5x5=25)

2. List out the essentials of a Valid contract.

3. ‘An agreement with minor is void ab initio’. Explain with the help of “Mohribibi Vs Dharmodas Gosh” case law.

4. Briefly explain the contraventions and penalties of “FEMA”.

5. What is cyber crime? Explain briefly any 4 cyber crimes.

6. What is Competition Act? State its objectives.

7. Briefly explain the nature and scope of Business Law.

8. How is a contract discharged by the operation of law?

9. List out various types of contracts under each classification.

SECTION –C

Answer any 3 of the following (3x15=45)

10. Define offer. Explain the essentials of a valid offer. When can an offer be revoked?

11. Define acceptance. What are the legal rules governing valid acceptance?

12. Explain the role of central government to prevent and control environment pollution.

13. Write a short note on each of the following;

a) Patents
b) Copyrights
c) Industrial designs
d) Trade marks
e) TRIPS( Trade Related Aspects of Intellectual Properties).

14. State the purpose of Consumer Protection Act, 1986 and describe the functions, jurisdiction and composition of Consumer redressal forum.