DISTANCE EDUCATION
B.Com. B.Com. (Lateral) DEGREE
EXAMINATION, MAY 2018.
COMMERCIAL LAW
(2005 Onwards)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions only.
All questions carry equal marks.
1. "All contracts are agreements, but all agreements are not
contracts" Discuss.
2. Explain the various modes by which the contract may be
discharged.
3. What are the differences between Contract of Indemnity
and Contract of Guarantee?
4. Explain the essentials of Bailment.
5. When conditions to be treated as warranty?
6. Explain the types of crossing.
7. What were the effects of non-registration of a firm?
8. Explain the basic elements of insurance.
Sub. Code
22
DE-3512
2
sp3
SECTION B — × 15 60 marks)
Answer any FOUR questions only.
9. State the persons by whom the contract should be
performed. In what circumstances the performance by a
third party is effective?
10. What are the remedies available to as aggrieved party in
case of breach of contract? Explain.
11. Explain the rights of a surety against the creditor,
against the principal debtor, against the co-sureties.
12. Distinguish between Sale and Agreement to sell.
13. Explain the meaning of material alteration of a
negotiable instrument. What is the effect of such
alteration?
14. What are the powers and duties of an arbitrator?
15. What are the differences between Bill of Lading and
Charter Party?
What are the documents to be prepared in carriage
by Air?