Business Law Question Paper 2022 [Assam University B.Com 1st Sem CBCS Pattern]

Business Law Question Paper 2022

[Assam University B.Com 1st Sem CBCS Pattern]

TDC (CBCS) Odd Semester Exam., 2022

COMMERCE (Honours)

(1st Semester)

Course No.: COMHCC-102T (Business Law)

Full Marks: 70

Pass Marks: 28

Time: 3 hours

The figures in the margin indicate full marks for the questions.

UNIT-I

In this post you wil get Business Law Question Paper 2022  for Assam University BCOM 1st CBCS Pattern.

business law question paper 2022

1. Answer any two questions of the following:         2 x 2=4

(a) Define offer.

(b) What is meant by discharge of a contract?

(c) Point out any two distinctions between void agreement and void contract.

2. Answer any one question of the following:           10

(a) Define the term ‘contract’. What are the essential ingredients required in the formation of a valid contract? 2+8=10

(b) Write two features of consideration. “No Consideration, No Contract.” Explain this statement.       2+8=10

UNIT-II

3. Answer any two questions of the following:        2 x 2=4

(a) Define ‘gratuitous bailment’.

(b) Write two features of pledge.

(c) Mention any two differences between express and implied contract of agency.

4. Answer any one question of the following:        10

(a) What is a contract of guarantee? What are its characteristics? Distinguish between a contract of guarantee and contract of indemnity.                   2+3+5=10

(b) What is a right of lien? When does a bailment come to an end? Point out two rights and duties of a bailor. 2+4+4=10

UNIT-III

5. Answer any two questions of the following:       2 x 2=4

(a) State in brief the kinds of goods.

(b) Point out two differences between condition and warranty.

(c) Write any two modes of delivery of goods.

6. Answer any one question of the following:       10

(a) What is the doctrine of caveat emptor? State its exceptions.            3+7=10

(b) Write down two essential elements of contract of sale. Explain the rights of an unpaid seller.          2+8=10

UNIT-IV

7. Answer any two questions of the following:       2 x 2=4

(a) Point out any two merits of registration of partnership firm.

(b) Write any two contents of partnership deed.

(c) Mention any two points of distinction between a partnership and a co-ownership.

8. Answer any one question of the following:         10

(a) Write a short note on dissolution by notice of partnership at will. Narrate six points of differences between dissolution of partnership and dissolution of firm.            4+6=10

(b) Write two natures of Limited Liability Partnership (LLP). Discuss the provisions regarding designated partners. 2+8=10

UNIT-V

9. Answer any two questions of the following:          2 x 2=4

(a) Write a short note on ‘bouncing of cheque’.

(b) Narrate the term ‘promissory note’.

(c) What are the different types of negotiable instruments?

10. Answer any one question of the following:         10

(a) Who is a holder in due course? What are the rules regarding the holder in due course in Negotiable Instrument Act, 1881?    2+8=10

(b) Define a cheque. What are the types of crossing a cheque? Point out five differences between an open cheque and a crossed cheque.        2+3+5=10

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