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Here you get BCom 3rd Sem FYUGP Business Law All Previous Year Question Paper, Basically this question paper is CBCS pattern but very helpful for FYUGP 3rd Sem Student so read this question paper top to bottom and prepare for your upcoming examination.
Gauhati University B.com 3rd Semester Business Law 2020 previous year question paper.
Business Laws Question Paper 2020 (Held in 2021)
Gauhati
University BCOM 3rd Sem FYUGP
COMMERCE (Honours)
Paper:
COM-HC-2026 (Business
Laws)
Paper: COM–HC–1026
Full Marks: 80
Time: Three hours
1. (a)Choose the correct
option from the following: 1×5=5
(i) The
Indian Contract Act, 1872 came into force on
1)
1st January,
1872.
2)
1st April, 1872.
3)
1st July, 1872.
4)
1st September, 1872.
(ii) In
a sale there is an implied condition on the part of the seller that he
1)
is in possession of the goods.
2)
will have the right to sell.
3)
will possess the goods.
4)
has a right to sell the goods.
(iii) The
provisions regarding maximum number of members in a partnership are given in
1)
the Companies Act.
2)
the Partnership Act.
3)
the Contract Act.
4)
the Societies Registration Act.
(iv) The
Right to Information Act, 2005 came into force on
1)
12th January, 2005.
2)
12th April, 2005.
3)
12th October, 2005.
4)
12th December, 2005.
(v) A
contract of indemnity is a
1)
contingent contract.
2)
wagering contract.
3)
quasi contract.
4)
future contract.
(b) State whether the following statements are
correct or incorrect: 1×5=5
1)
A bill of exchange needs acceptance.
2)
The Sale of Goods Act, 1930 came into force from 1st July, 1930.
3)
A contract with or by a minor is a valid contract.
4)
An agent cannot work for more than one principal.
5)
Registration of limited liability partnership shall be with the Registrar of
Companies.
2.
Answer the following questions in brief: 2×5=10
a)What
is void agreement?
b)Write two elements
of a contract of indemnity.
c)Write two differences
between sale and hire-purchase.
d)Who
are the parties to a cheque?
e)Write two differences
between partnership and co-ownership.
3. Answer any four of the following
questions: 5×4=20
a)
Briefly explain various kinds of contract on the basis of formation and
performance.
b)
Briefly state different types of partners.
c)
State the rights of bailee.
d)
Briefly explain the quasi-contracts dealt with under the Indian Contract Act.
e)
Distinguish between promissory note and cheque.
f)
Explain different types of goods under the Sale of Goods Act, 1930.
4.
What is consideration in a contract? Discuss the rules relating to
consideration.2+8=10
Or
Discuss
the essential elements of a valid contract. 10
5.
(a)Discuss the rights of surety against the creditor and the principal
debtor. 6
(b) Explain
the duties of an
agent. 4
Or
State
the essential elements of a contract of sale. Also distinguish between sale and
agreement to
sell. 5+5=10
6.
(a)Distinguish between Partnership and Limited Liability
Partnership. 6
(b) State
various documents required for registration of limited liability
partnership. 4
Or
Explain
the procedures of registration of partnership firm. Also state the benefits of
registration of partnership firm. 6+4=10
7.
(a)State the privileges enjoyed by a holder in due course. 5
(b) Explain
various types of crossing of a
cheque. 5
Or
Discuss
the obligations of public authorities under the Right to Information Act,
2005. 10
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