DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
First Semester
BUSINESS LAWS
(Upto 2012 2013 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
1. Define contract. Enumerate the essentials of a valid
contract.
2. What do you understand by the term agency? How is an
agency created?
3. What is a contract of sale? Distinguish between a sale
and agreement to sell.
4. Explain unfair trade practices under the consumer
protection Act.
5. Define cheque. What are the essentials of a cheque?
6. What is a partnership deed? State its contents.
7. What is life insurance? What are the types of life
insurance?
8. What are the essentials of a valid meeting?
Sub. Code
15
DE-2833
2
Sp 1
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. What are the different modes of discharging a contract?
10. State the rights and duties of a bailee and bailor.
11. Define the term property as used in the sale of goods Act.
Explain the rules relating to transfer of property.
12. Discuss in brief the capacity of various parties to a
negotiable instrument.
13. What is meant by dissolution of a firm? Explain the
various modes of dissolution of a partnership firm.
14. Explain the important principles of insurance.
15. Discuss the kinds of company meetings.