DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION,
MAY 2018.
Third 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. Define the term valid contract and the ways in which it
occurs.
2. What is a quasi contract?
3. Distinguish between indemnity and guarantee.
4. What are the essential characteristics of sale of good?
5. What is a bailment?
6. Explain the different kinds of partners.
7. What are the different types of policies in life insurance?
8. Explain the procedures involved in dissolution of a firm.
Sub. Code
35
DE-4263
2
WK 16
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Explain the different classification of contract.
10. Discuss the ways in which an agency can be created.
11. Explain in detail the rights of unpaid seller.
12. Discuss the features of negotiable instruments.
13. Explain in detail the contents of a partnership deed.
14. What is memorandum of association? State its contents.
15. Explain the characteristics of a company.