DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2018.
First Semester
BUSINESS LAWS
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Explain the various kinds of contracts.
2. What are the essentials of a contract of bailment?
Distinguish between bailment and pledge.
3. How is an agency created? Discuss briefly the different
modes in which the agency can be terminated.
4. Define the term contract of sale. Distinguish between sale
and agreement to sell.
5. Discuss in brief the capacity of various parties to a
negotiable instrument.
6. What is partnership deed? State its main contents.
7. Define fire insurance contract. Explain the fundamental
principles of fire insurance contract.
8. Define a company and discuss the characteristic features
of a company.
Sub. Code
15
DE-3933
2
wk7
SECTION B — x 15 60 marks)
Answer any FOUR questions
All questions carry equal marks
9. What is breach of contract? What remedies are available
to the non-breaching party in the event of breach of
contract?
10. Explain the rights and duties of a bailee and a bailor.
11. Define the terms conditions and warranties. What are the
implied conditions and warranties in a contract of sale?
12. Explain the salient features of Consumer Protection Act,
1986.
13. Explain the rights and duties of a partner under the
Indian Partnership Act.
14. Define a contract of life insurance. What are the features
of life insurance?
15. Discuss the incorporation stage of a company formation
and the documents to be submitted for the purpose.
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