DISTANCE EDUCATION
M.Com. DEGREE EXAMINATION, MAY 2016.
BUSINESS LAW
(2005 Onwards)
Time Three hours Maximum 100 marks
SECTION A — 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Explain briefly any five kinds of contract.
2. When is consent of parties said to be free?
3. Distinguish between indemnity and guarantee.
4. Is breach of warranty treated as breach of condition?
Discuss.
5. 'Risk prima facie passes with property' Elucidate.
6. Explain the kinds of crossing of cheque.
7. What are the characteristics of fire policy?
8. Enumerate the duties of carrier by sea.
Sub. Code
15
DE-3578
2
Ws7
SECTION B — 15 60 marks)
Answer any FOUR questions.
9. Explain the various remedies for breach of contract.
10. 'Surety's liability is co-extensive to that of principal
debtor' Discuss.
11. Who is unpaid vendor? State his rights against
Goods and
Creditor.
12. Explain the provisions relating to protection of paying
banker.
13. Mention any five kinds of life insurance policy.
14. Explain the provisions relating to carriage of goods by
road.
15. Write an elaborate note on capacity of party to contract.