BBA-15
December Examination 2016
BBA Pt. III Examination
Legal Aspects of Business
Paper BBA-15
Time 3 Hours Max. Marks 80
Note: The question paper is divided into three sections B and C. Write answers as per given instructions.
Section A 8 × 2 16
(Very Short Answer Questions)
Note: Answer all questions. As per the nature of the question you delimit your answer in one sentence upto 30 words. Each question carries 2 marks.
What do you mean by proposal?
What is meant by minor?
What do you mean by free consent?
What is void agreement?
What do you understand by discharge of contract?
Define company.
Explain the meaning of 'Negotiable Instrument'.
(viii) What is meant by condition in a contract of sale?
160
BBA-15 100 2 (P.T.O.)
BBA-15 100 2
160
Section B 4 × 8 32
(Short Answer Questions)
Note: Answer any four questions. Each answer should not
exceed 200 words. Each question carries 8 marks.
Distinguish between agreement and contract.
Is the existence of consideration essential for the validity of
contracts?
Explain the main characteristics of contingent contract.
When may a court refuse to grant recission in case of Breach
of Contract?
Explain the essential of contract for sale.
What are the main difference between private company and
public limited company?
What are objects of Consumer Protection Act?
What is cheque? How many types of cheque are there?
Section C 2 × 16 32
(Long Answer Questions)
Note: Answer any two questions. Each answer should not
exceed 500 words. Each question carries 16 marks.
10) Define contract. Explain the essentials of valid contract.
11) Explain the 'Doctrine of Caveat Emptor' and state its exception.
12) Describe in brief the various agreements that are expressly to
be void by the Indian Contract Act.
13) What do you mean by endorsement of a Negotiable Instrument?
Explain the essentials of a valid endorsement.