DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2017.
Third 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. Explain the essentials for the performance of contract.
2. Briefly explain discharge of contract.
3. Explain the rights of an unpaid seller.
4. List out different types of negotiable instruments.
5. Bring out the features of contracts of insurance.
6. Explain the procedure for registration of firms under
Partnership Act.
7. What are the characteristics of a company?
8. Bring out vital requisites of a meeting.
PART B — 15 60 marks)
Answer any FOUR questions.
9. Enumerate the importance of offer and acceptance in a
valid contract.
10. Describe the various remedies for breach of contract.
Sub. Code
35
DE-807
2
wk11
11. Detail on indemnity and guarantee as special contracts.
12. Explain the rules for performance of the contract under
sale of Goods Act, 1930.
13. Describe the duties and rights of common carries under
the carriage by Air Act, 1972.
14. Explain the fundamental principles of life insurance and
fire insurance.
15. Explain the different types of meetings.