BUSINESS LAWS - B.Com. DEGREE EXAMINATION, MARCH 2011

G 6003                                            (Pages :2)                                             Reg.

Name

B.Com. DEGREE EXAMINATION, MARCH 2011
Faculty of Commerce
Part III—Commerce (Main)
Paper III—BUSINESS LAWS

Time : Three Hours                                                                                          Maximum: 80 Marks

Answers may be written either in English or in Malayalam.
Part A
Answer all questions in not exceeding 3 or 4 sentences.

Each question carries 2 marks.
1. What is meant by voidable contract?
2. Define Acceptance.
3. What is “Consideration”?
4. Define Pledge.
5. What is meant by warranty?
. Define a company.
7. State three purposes of Pollution Control Act.
8. What is “minutes”?
9. Define proxy.

10.What is meant by compulsory winding up?

(l0x 2=20 marks)

Part B
Answer any six questions in not exceeding one page.
Each question carries 5 marks.

11.Define coercion. What are the essential characteristics of coercion?
12. Examine the remedies for breach of contract.
13. List the rights of surety.
14. Enumerate the duties of a bailor.
15.Write a note on Articles of Association.
16. List any ten contents of prospectus of a company.
17.When the membership can be terminated by a company?
18. Write note on Consumer Protection Act.

(6 x 5 = 30 marks)

Turn over

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Part C
Answer any three questions in not exceeding three pages.
Each question carries 10 marks.

19.Define Contract. Explain the essentials of a valid contract.
20. How an agency can be created ? Explain.
21. Enumerate the. rights of seller and buyer as per sale of Goods Act.

22. Explain the clauses of Memorandum of Association.
23. Explain various kinds of company meetings.

(3 x 10 = 30 marks)

B.Com Question paper