DISTANCE EDUCATION
M.B.A.(CM) DEGREE EXAMINATION, DECEMBER 2017.
Third Semester
BUSINESS LAWS
(Upto 2012-13 Academic Year and 2013 calendar year)
Time Three hours Maximum 100 marks
PART A — X 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. What are the essentials as a valid contract?
2. Distinguish between bailment and pledge.
3. Explain the implied warranties under the sale of goods
act.
4. What are the essentials of a partnership?
5. State the essentials features of negotiable instruments.
6. Distinguish between a common carrier and a private
carrier.
7. State the essentials of a marine policy.
8. What are the characteristics of a company?
Sub. Code
35
DE-3130
ws1
2
PART B — X 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Discuss the various modes by which a contract may be
discharged.
10. Describe the different modes by which an agency may be
terminated.
11. Explain the rights and duties of a seller under the sale of
Goods Act.
12. Discuss the mode of settlement of accounts between
partners after dissolution of firm.
13. Define a holder of bill and distinguish the holder from
holder in due course.
14. Explain the different kinds of fire policies.
15. What are the different modes of winding up? Explain.
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