In this post we have Shared Calcutta University Business Law Question Paper Solution 2019, Which can be very beneficial for your upcoming exam preparation. So read this post from top to bottom and get familiar with the questions asked in Exams.
Calcutta University B.com 1st Sem Business Law Solved Question Paper 2019
2019
BUSINESS LAWS
Paper : CC-1.1Chg
Full Marks : 80
Group - A
Questions carrying Marks - 1 [20*1=20M]
1. According to ______ "A Contract is an agreement enforceable at law, made between two or more persons".
(A) Salmond
(B) William Anson
(C) Pound
(D) Holand
Ans: William Anson
2. Avik invites Srijit for his son's rice ceremony. Srijit accepts the invitation. This is -
(A) An agreement
(B) A contract
(C) Invoice
(D) None of these
Ans: None of these
3. Cash withdrawn through ATM of a Bank is_____
(A) Executed Contract
(B) Executory Contract
(C) Tacit Contract
(D) Quasi - Contract
Ans: Tacit Contract
4. When counter offer is made, the original offer gets ---
(A) Lapsed
(B) Valid
(C) Renewed
(D) Illegal
Ans: Lapsed
5. Consideration means ---
(A) Favour
(B) Gift
(C) Something in return
(D) Donation
Ans: Something in return
6. A Criminal Act is involved in cases of --
(A) Coercion
(B) Fraud
(C) Undue - influence
(D) Mistake
Ans: Coercion
7. Breach of Contract on the date of performance is called
(A) Actual Breach
(B) Anticipatory Breach
(C) Advance Breach
(D) None of these
Ans: Actual Breach
8. Contingent contracts are______
(A) Collateral
(B) Collateral and Certain
(C) Collateral and Uncertain
(D) Illegal
Ans: Collateral and Uncertain
9. In the Sale of Goods Act, 1930, Goods defined under section
(A) 2(7)
(B) 2(10)
(C) 2(8)
(D) 2(9)
Ans: 2(7)
10. Auction sale is completed _____
(A) By delivering Goods
(B) By paying the value of goods
(C) By the sound of hammer of the auctioneer
(D) All of the above
Ans: By the sound of hammer of the auctioneer
11. A partnership business must have
(A) Agent
(B) An agreement
(C) Mentor
(D) Factory
Ans: An agreement
12. Voluntary dissolution of firm can be of ____
(A) 3 types
(B) 4 types
(C) 5 types
(D) 6 types
Ans: 4 types
13. LLP Act came into effect on ---
(A) 31. 08. 2009
(B) 01. 04. 2009
(C) 31. 04. 2009
(D) 31. 03. 2009
Ans: 31. 03. 2009
14. Which of the following is not a content of LLP agreement ?
(A) Name of LLP
(B) Prospectus
(C) Profit sharing ratio
(D) Projected Business
Ans: Prospectus
15. The term 'Drawee' is explained within section _____of the Negotiable Instrument Act, 1881.
(A) 5
(B) 6
(C) 7
(D) 8
Ans: 5
16. A Bill payable for trade transaction is termed as ---
(A) Time Bill
(B) Demand Bill
(C) Trade Bill
(D) Inland Bill
Ans: Trade Bill
17. Schedule _____ of LLP Act, 2008 describes the mutual rights and duties of partners of LLP.
(A) 1
(B) 2
(C) 3
(D) 4
Ans: 1
18. LLPs are administered by----
(A) R.O.C
(B) SEBI
(C) RBI
(D) IRDA
Ans: R.O.C
19. The central council shall conduct at least ____ meeting(s) in a year.
(A) One
(B) Two
(C) Three
(D) Four
Ans: One
20. In district forum members age shall not be less than--
(A) 21 years
(B) 35 Years
(C) 45 Years
(D) 50 years
Ans: 35 Years
Group - B
.Questions carrying Marks - 2 [30*2=60M]
1. An agreement entered into without free consent is---
(A) Valid
(B) Voidable
(C) Illegal
(D) Void
Ans: Void
2. Which of the following statement about consideration is not true ?
(A) It must be illusory
(B) It must be of some value
(C) It must move at the desire of the promisor
(D) It may move from any person
Ans: It must be illusory
3. Which of the following statements is not right ?
(A) An agreement enforceable by law is a contract
(B) Every agreement is a contract
(C) An agreement is an accepted proposal
(D) A promise is defined in section 2(b)
Ans: Every agreement is a contract
4. Which can be recognised as a mode of discharge of contract ?
(A) By performance of contract
(B) By impossibility of performance
(C) By agreement
(D) All of these
Ans: All of these
5. The consent obtained by threat to commit suicide amounts to--
(A) Undue influence
(B) Coercion
(C) Misrepresentation
(D) None of these
Ans: Coercion
6. A Contract made by mistake under Indian Law is ---
(A) Valid
(B) Void
(C) Voidable
(d) None of these
Ans: Valid
7. B agrees to pay Rs. 6 lacs to A if he secures an employment in Govt. office. This agreement IS ----
(A) Void
(b) Voidable
(C) Valid
(D) Contingent
Ans: Void
8. Essential characteristics of a contingent contract
(A) Future Event
(B) Collateral Event
(C) Uncertain Event
(D) All of these
Ans: All of these
9. Features of Bailment ---
(A) Delivery
(B) Purpose
(C) Ownership
(D) All of these
Ans: All of these
10. Rights of Indemnity Holder---
(A) Damages in suit
(B) Costs of Suits
(C) (A) and (B)
(D) None of these
Ans: (A) and (B).
11. A teaches his parrot to recite an offer and then sends his parrot to Is this a valid offer ?
(a) Yes
(B) No
(C) Unknown
(D) Valid
Ans: No
12. The Unpaid seller's right of lien is provided in _____ of the Sale of Goods Act.
(A) Section 47
(B) Section 48
(C) Section 49
(D) Section 57
Ans: Section 47
13. Rules regarding delivery --
(A) Delivery and payment
(B) Buyer to apply delivery
(C) Expenses of delivery
(D) All of these
Ans: All of these.
14. The term _____ goods in the Sale of Goods Act, is given in Section 6(2).
(A) Future
(B) Past
(C) Contingent
(D) Specific
Ans: Contingent
15. Conditions and warranties under contract of sale may be ---
(A) Express
(B) Implied
(C) (A) or (B)
(D) None of these
Ans: (A) or (B)
16.The principle of ______ is applicable to partners in a partnership.
(A) Utmost good faith
(B) Blind faith
(C) Insurable interest
(D) Ultimate trust
Ans: Utmost good faith
17. A firm can be dissolved by a written notice of dissolution given by any partner in case of--
(A) General Partnership
(B) Partnership at will
(C) Particular partnership
(D) Both (A) and (C)
Ans: Partnership at will
18. In the absence of any agreement, a partner is not entitled to receive any ---
(A) Interest
(B) Remuneration
(C) Profits
(D) (A) and (B)
Ans: (A) and (B)
19. Which of the following is not rights of partners?
(A) Right to share of profits
(B) Right to retire
(C) Right to audit books of accounts
(D) Right to dissolve
Ans: Right to audit books of accounts
20. At least one of the designated partner shall
be ---
(A) Indian resident
(B) Non resident
(C) Indian citizen
(D) Resident but not ordinarily resident
Ans: Indian resident
21. Section 3(1) of LLP Act says that, LLP is aa--
(A) Body corporate
(B) New concept
(C) Partnership
(D) None of these
Ans: Body corporate
22. LLP has a separate entity apart from its--
(A) Stakeholders
(B) Members
(C) Partners
(D) Directors
Ans: Partners
23. A promissory note, bill of exchange or cheque is payable to bearer which is --
(A) Expressed to be so payable
(B) Illegal
(C) Invalid
(D) Void
Ans: Expressed to be so payable
24. A Bill of exchange payable at sight or on demand is known as ---
(A) Trade Bill
(B) Demand Bill
(C) Time Bill
(d) None of these
Ans: Demand Bill
25. Section 50 of the NI Act, 1881 explains endorsement.
(A) Partial
(B) Restrictive
(C) Conditional
(D) Special
Ans: Restrictive
26. A Negotiable instrument is discharged by ---
(A) Cancellation
(B) Release
(C) (A) and (B)
(D) None of the these
Ans: (A) and (B)
27. _______of the Consumer Protection Act, 1986 states about 'unfair trade practice'.
(A) Section 2(1) (d)
(B) Section 2(1) (r)
(C) Section 2(1) (a)
(D) Section 3
Ans: Section 2(1) (r)
28. Supreme Court has observed in _____ case that district forum has power to recall its orders if it is obtained by fraud.
(A) Indian Bank Vs Satyam Fibres Pvt. Ltd.
(B) Axis Bank Vs. Satyam
(C) Leslie Vs. Sheill
(D) Nash Vs. AB Das
Ans: Indian Bank Vs Satyam Fibres Pvt. Ltd.
29. The objective of C.P. Act, 1986 is Right to _____
(A) Assured
(B) Be heard
(C) Seek redressal
(D) All of these
Ans: All of these
30. The section 7 of C.P. Act, 1986 explain the composition of The ______Consumer Protection Council.
(A) Central
(B) State
(C) District
(D) Regional
Ans: State
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About Calcutta University or University of Calcutta
Calcutta University, also known as the University of Calcutta, is one of the oldest and most prestigious universities in India. Founded in 1857, it has a rich history and a strong tradition of academic excellence. The University is located in the heart of Kolkata, the cultural capital of India, and is surrounded by some of the city's most iconic landmarks.
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The University offers a wide range of undergraduate and postgraduate courses in various fields such as Arts, Science, Commerce, Law, and Engineering. The Faculty of Arts, for example, has departments such as Bengali, English, Sanskrit, and History. And the Faculty of Science has departments such as Chemistry, Physics, Mathematics, and Computer Science. The University also has a strong research culture, with many of its faculty members and students engaged in cutting-edge research in various fields.
About Calcutta University B.com 1st Sem Business Law Question paper 2019
Calcutta University's B.Com program is one of the most sought after courses in the field of commerce. The first semester of the program includes a course on Business Law, which is considered to be an important subject for students pursuing a career in the field of commerce and business.
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Conclusion
In conclusion, previous year question papers are a valuable resource for students preparing for their Calcutta University B.Com first semester Business Law Question Paper 2019 exam at Calcutta University. These papers can help students understand the format and structure of the exam paper, practice their knowledge and identify areas where they need to improve, and manage their expectations for the actual exam. Therefore, it is important for students to make use of these papers as they prepare for their exams.