DISTANCE EDUCATION
M.B.A. (P.M.) DEGREE EXAMINATION, MAY 2017.
First Semester
BUSINESS LAWS
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
PART A — 8 40 marks)
Answer any FIVE questions.
1. What are the remedies available to an aggrieved party on
the breach of contract?
2. Distinguish between Bailment and Pledge.
3. State the effect of perishing of goods on the rights and
obligations of the parties.
4. "In the sale of goods, transfer of property is not the
something as the transfer of possession" Comment.
5. Explain the term material alteration with examples.
6. Explain the procedure for the registration of firms.
7. State the different types of fire insurance policies.
8. State the salient features of a company.
Sub. Code
15
DE-530
WSS
2
PART B — 15 60 marks)
Answer any FOUR questions.
9. Discuss the territorial, pecuniary and appellate
jurisdiction of the various consumer forums under the
Act.
10. Define unpaid seller. What are his rights under the Sale
of Goods Act, 1930?
11. Define a Cheque and bill of exchange. Explain how does it
differ from a bill of exchange under Negotiable
Instrument Act, 1881?
12. What are the essentials of a valid tender of performance?
What is the effect of refusal by promise to accept valid
tender of goods and tender of money?
13. Explain the various kinds of Guarantee with suitable
examples and also state its revocation.
14. Explain the fundamental principles of life Insurance and
Fire Insurance.
15. Discuss in detail the different types of meeting in a
company.