DISTANCE EDUCATION
M.Com. DEGREE EXAMINATION, MAY 2017.
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. State the essentials of valid offer.
2. Narrate the provisions relating to contingency contract.
3. When is an agency terminated? Explain.
4. Classify good with an illustration.
5. What are the characteristics of negotiable instruments?
6. Write a brief note on holder and holder in due course.
7. State the provisions as to claim procedure.
8. Explain the documents used in carriage of goods.
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. What are the essential elements of valid contract?
10. Enumerate the rights and duties of agent.
Sub. Code
15
DE-391
2
sp3
11. Distinguish between sale and agreement to sell.
12. Define cheque. Distinguish it from bill of exchange.
13. Outline the broad principles of insurance contract.
14. Examine the rights and liabilities of carrier by air.
15. State and explain the provisions relating to carriage of
goods and its kinds.