B.B.A. (Semester IV) (CBCS) Examination Mar/Apr-2018
BUSINESS LAW
Time: 2½ Hour
Max. Marks: 70
Instructions: All questions are compulsory. Figures to the right indicate full marks.
Q.1

Choose correct alternatives:
07
A contract made by coercion is contract.
valid
void
voidable
illegal
The Negotiable Instrument Act
1932
1934
1930
1981
A partner who lends his name and credit to the firm is called partner.
Nominal
Dormant
Active
Minor
A company formed by registration under the Indian Companies Act is known as
charted
registered
statutory
none of these
The Sale of Goods Act
1932
1986
1930
1934
Consideration must move at the desire of the
promiser
promisee
both a b
none of these
Jurisdiction of State Commission is
Rs.1 to 1 lac
Rs. 1 to 20 lac
Rs. 20 to 1 Cr.
Above 1 Cr.
Q.1

State whether the following statements are true or false.
07
An offer must be communicated.
Person of unsound mind is competent to contract.
A partner has no rights to inspect the accounts.
Company is a separate legal entitle.
The members of District Consumer Forum are appointed by central government.
If two lines are drawn on the left hand upper corner of the cheque is called cross cheque.
Unpaid seller has no right to lien.
Q.2
Write Short Notes. (any two)
14
Unpaid seller and his rights
Essential characteristics of partnership
Agreement declared void
Page 2 of 2
SLR-CU-22
Q.3
Write Short Notes. (any two)
14
Memorandum of Association
Define Negotiable Instruments and kinds of Negotiable Instrument.
Explain types of partners.
Q.4
Explain the remedies for breach of contract.
14
OR
Explain the kinds of companies.
Q.5
Consumer disputes redressal machinery Explain.
14
OR
Rights and duties of partner.