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P.T.O.
MAR IVANIOS COLLEGE (AUTONOMOUS)
THIRUVANANTHAPURAM
Reg. No. :.………………… Name :.………………….
Second Semester B.Com. Degree Examination, June 2016
First Degree Programme under CBCSS
Complementary Course II: (for Commerce)
AUCO231: Business Regulatory Framework
Time: 3 Hours Max. Marks: 80
SECTION A
Answer ALL questions in one or two sentences.
1. Define Coercion.
2. What is hypothecation
3. What is a contract of indemnity
4. What do you mean by IRDA
5. What is a counter offer
6. What is undue influence
7. What is consensus ad idem
8. Who is an unpaid seller
9. What is a void contract
10. What is plagiarism
(10 × 1 10 Marks)
SECTION B
Answer any EIGHT questions, each in a short paragraph not exceeding 50 words.
11. Explain the differences between Particular Lien and General Lien.
12. What are the essential features of Contract of Agency
13. Explain the objectives of Right to Information Act 2005.
14. Explain the powers and functions of Information Commission.
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15. What are the duties of an Agent towards his Principal
16. What are the different circumstances of termination of Bailment
17. What is Caveat emptor What are the exceptions
18. What are the obligations of finder of lost goods
19. Explain the features contract of guarantee.
20. Explain the rules regarding delivery of goods.
21. What do you mean by Intellectual Property Rights and explain its contents
22. Who can perform the Contract
× 2 16 Marks)
SECTION C
Answer any SIX questions, each in a paragraph not exceeding 120 words.
23. What are the essential elements of a valid Acceptance
24. "No consideration, No Contract" What are the exceptions
25. Distinguish between Wagering Contract and Contingent Contract.
26. Differentiate between Fraud and Misrepresentation.
27. What are the rights of a Pawner and Pawnee
28. Define the term Goods and what are the different types of goods under Sale of Goods Act
29. Explain the term „Quasi Contract‟ and what are its types
30. What are the different modes in which the agreement can be terminated
31. What are the remedies for Breach of Contract
× 4 24 Marks)
SECTION D
Answer any TWO questions, not exceeding four pages.
32. What do you mean by discharge of a Contract State the various ways in which a Contract may be said to be discharged.
33. What is Contract of Sale What are the essentials of a valid Contract of Sale
34. Define the term Contract. What are the essentials of a valid Contract
35. Define the Contract of Agency. Explain the different ways by which a Contract of Agency can be created and how it can be terminated.
× 15 30 Marks)