DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
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.
1. All contracts are agreements but all agreements are not
contracts. Discuss in brief.
2. What are the Quasi contracts? Explain.
3. What is meant by agency by ratification? Explain.
4. Briefly explain about rights of an unpaid seller.
5. Describe the essential characteristics of Fire Insurance.
6. Explain the principles of contribution and principles of
subrogation in non-life policies of insurance.
7. What are the contents of a partnership deed?
8. Distinguish between a company and partnership.
Sub. Code
35
DE-3088
2
sp3
SECTION B — 15 60 marks)
Answer any FOUR questions.
9. What is an offer? What are the essentials of a valid offer?
10. Examine the various ways in which a contract may be
discharged.
11. Who is an unpaid seller? What are his rights according to
Sale of Goods Act?
12. What are the main features of contract of insurance?
13. Discuss the classification of negotiable instruments.
14. State the rights and liabilities of partners as per
Partnership Act.
15. Discuss the steps that are to be taken before a company
can commence its business.