In this Post we have Uploaded 2022 Rabindranath University Hojai , Business Law Question Paper , B.Com 1st Sem . which Can be Very Useful For Your RTU B.Com 1 Sem Sessional or Final Examination.
2022
RTU Business Law Question Paper
(Business Law)
Full Marks: 80
Time: Three hours
Rabindranath Tagore University B.Com 1st Sem Question Paper
The figures in the margin indicate full marks for the questions.
Answer either in English or in Assamese.
(A) Fill in the blanks with appropriate word/words: 1x5=5
(i) A Bill of Exchange has normally_____parties.
(ii) A sub-agent is appointed by______.
(iii) Advertisement in a newspaper job is______.
(iv) A contract of present sale of future goods is an_____and not a real sale.
(v)Contract = _______+_______.
(B) State whether the following stateme are correct or incorrect: 1x5
(i)Central Information Commission appointed by the Prime Minister of India.
(ii) Every limited liability partnership must have at least one designated partner.
(iii) The paying banker has no right to dishonour a cheque.
(iv) A contract of life insurance is an indemnity contract.
(v) A promoter is a non-mercantile agent.
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2.Answer the following questions: 2×5=10
(a) Write the names of at least two organisations exempted from the application of the RTI Act, 2005.
(b)What is contract?
(c) Write two essential elements contract of sale.
(d) Who can cross a cheque ?
(e) What do you mean by 'Design partner'?
3.Answer any four of the following question. 2x4
(a) Write a short note on State Informatic Commission.
(b) State the salient features of limited liability partnership.
(c)Distinguish between sale and agreement to sell.
(d)Distinguish between Bill of Exchange and a Promissory Note.
(e)Distinguish between a contract of indemnity and a contract of guarantee.
(f)What are the circumstances in which a firm may be dissolved by the' court?
4.Answer any four of the following questions: 10x4 = 40
(a)What do you understand by "Information" and "Right to Information" under the Right to Information Act, 2005 ? Discuss the formalities of making a request for obtaining information under the Act.
(b) What are the formalities of registration of a partnership firm? State consequences of non-registration partnership firm.
(c) Explain the rights and duties of bailor. 5+5=10
(d) Discuss the essential elements of a valid contract. 10
(e) Who is an unpaid seller? Discuss briefly the rights of an unpaid seller. 2+8=10
(f)Who is holder in due course? What are the rights of a holder in due course? Distinguish between holder and holder in due course. 2+4+4-10
(g)What is breach of contract? State the remedies available to the aggrieved party in case of breach of contract. 2+8=10
(h)State the advantages of LLP. Distinguish between limited liability partnership and a partnership. 5+5=10
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