DISTANCE EDUCATION
B.Com. (CA)/B.Com (Lateral) DEGREE EXAMINATION,
MAY 2017.
COMMERCIAL LAW
(2005 onwards)
Time Three hours Maximum 100 marks
PART A — 8 40 marks)
Answer any FIVE questions
1. Define a contract. What are the elements of a valid
contract?
2. Distinction between agreement and contract.
3. Explain the essentials elements of a valid guarantee.
4. What is meant by earnest money?
5. What are the characteristics of a Negotiable Instrument?
6. Describe the three kinds of Negotiable Instruments.
7. Write a short note on the types of partners.
8. What is a bill of lading? Is it Negotiable?
PART B — 15 60 marks)
Answer any FOUR questions.
9. Briefly explain the classification of contracts.
10. What are the rules regarding the appointment of an
arbitrator.
Sub. Code
22
DE-114
2
Ws1
11. Define of a Negotiable Instrument. What are the features
of a Negotiable Instrument?
12. What are the provisions with respect to dissolutions of
partnership?
13. Briefly explain rights, duties and liabilities of a carrier of
goods by sea.
14. Explain the types of fire policies.
15. Distinguish between partnership and Hindu joint family.