GUG/W/18/10604 1 P.T.O
Bachelor of Business Administration (CBCS Pattern) Third Semester CBCS
UCB3C07 Business Law
P. Pages 1 GUG/W/18/10604
Time Three Hours Max. Marks 80

1.

What is unpaid seller and write his Rights.
8

Explain the meaning of conditions and warranties and write difference between conditions. and warranty.
OR
8

Explain in details the essentials of valid contract.
16
2.

Define joint stock company and write the stages of formation of a joint stock company.
8

Explain the meaning of prospectus and write the contents of the prospectus.
OR
8

Define Articles of Associations. Write the contents of articles of associations and state the legal provisions for alteration in articles of association.
16
3.

Explain the duties and liabilities of partners.
8

Define 'partnership' and write the modes of dissolution of partnership firm.
OR
8

Define Memorandum of Association. And Explain the legal provisions for alteration in memorandum of association.
16
4.

How is Residential status of an individual assesses determined?
8

Define Indian Income Tax Act 1961 and explain the concept of person.
OR
8

Explain the residential status of an assessee and incidence of tax.
16
5.
Write short notes on.
Breach of contract.
4
Kind of companies.
4
Doctrine of Ultravires.
4
Concept of Assessee.
4

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