Exam Details

Subject Mercantile Law
Paper
Exam / Course Bachelor Degree in Commerce
Department School of Management Studies (SOMS)
Organization indira gandhi national open university
Position
Exam Date December, 2016
City, State new delhi,


Question Paper

No. of Printed Pages: 4 IECD-0051
BACHELOR'S DEGREE PROGRAMME Term-End Examination IJecember, 2016
D
I'-ELECTIVE COURSE: COMMERCE o
ECO-005 MERCANTILE LAW
Time hours MaxilllulIl Marks 50 Weightage 70%
Note: Attempt any five questio1ls. All questions cam) equal marks.

1. Define 'Agreement'. Distinguish between 'agreement' and 'contract'.

promises to obtain for an employment in a government office and promises to pay Rs.10,000 in return to Is this agreement valid Give reasons in support of your answer.

2. Define 'coercion' and 'undue influence'. What is the effect of both on the validity of the contract

3. "An agreement in restraint of trade is void". Discuss this statement mentioning exceptions.

4. Explain the rights and duties of a bailor.

5. Explain the different types of partners. Briefly explain the duties of a partner.

6. Explain the circumstances when a non-owner can make a valid sale of goods.

7. What do you understand by dissolution of a partnership firm? How can a firm be dissolved by an order of court

8. Define an and a 'Principal'. Who can appoint an agent and who may be an agent?

9. Define 'Charter party' and 'Bill of lading' and differentiate between them.


Departments

  • Centre for Corporate Education, Training & Consultancy (CCETC)
  • Centre for Corporate Education, Training & Consultancy (CCETC)
  • National Centre for Disability Studies (NCDS)
  • School of Agriculture (SOA)
  • School of Computer and Information Sciences (SOCIS)
  • School of Continuing Education (SOCE)
  • School of Education (SOE)
  • School of Engineering & Technology (SOET)
  • School of Extension and Development Studies (SOEDS)
  • School of Foreign Languages (SOFL)
  • School of Gender Development Studies(SOGDS)
  • School of Health Science (SOHS)
  • School of Humanities (SOH)
  • School of Interdisciplinary and Trans-Disciplinary Studies (SOITDS)
  • School of Journalism and New Media Studies (SOJNMS)
  • School of Law (SOL)
  • School of Management Studies (SOMS)
  • School of Performing Arts and Visual Arts (SOPVA)
  • School of Performing Arts and Visual Arts(SOPVA)
  • School of Sciences (SOS)
  • School of Social Sciences (SOSS)
  • School of Social Work (SOSW)
  • School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
  • School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
  • School of Translation Studies and Training (SOTST)
  • School of Vocational Education and Training (SOVET)
  • Staff Training & Research in Distance Education (STRIDE)

Subjects

  • Accountancy-I
  • Accountancy-II
  • Business Environment
  • Business Organisation
  • Company Law
  • Economic Theory
  • Elements of Auditing
  • Elements of Costing
  • Elements of Income Tax
  • Elements of Statistics
  • Management Theory
  • Mercantile Law
  • Money, Banking & Financial Institutions