Question Bank For BUSINESS LAW

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The document provides a sample question paper format and question bank for the SYBCOM Business Law exam. It covers topics related to contract law, negotiable instruments, companies act, partnership act and consumer protection act.

The question paper has two sections, each with 3 short answer questions and 2 long/short note questions. Section I covers contract law topics while Section II covers company law, partnership law and consumer protection act topics.

Section I covers contract law terms and concepts like offer, consideration, agency etc. Section II covers company law terms like shares, prospectus, types of companies etc., partnership law concepts and consumer protection act provisions.

QUESTION PAPER PATTERN

S.Y.BCOM (BUSINESS LAW)


Time: 3 Hours

Marks: 100

FOR INSTITUTE OF DISTANCE AND OPEN LEARNING (IDOL)


Section I

1. Explain the following terms (any Five):--

10

2. Answer any Three of the following Questions:-

30

3. Write Short notes (any Two)

10

Section II

4. Explain the following terms (any Five)

10

5. Answer any Three of the following Questions:-

30

6. Write a short notes (any Two)

10

QUESTION BANK
(Important Note: Questions containing in the question bank are suggestive
only.)
SECTION I

Explain the following terms


1) Voidable Contract.
2) Unpaid seller
3) Undue Influence
4) Seller
5) Revocation.
6) Quasi Contract
7) Pledge
8) Endorsement.
9) Holder-in-due-course
10) Free consent
11) Endorsement in Blank
12) Contract
13) Consideration

14) Coercion
15) Cheque
16) Agency by Rectification
17) Agency by Ratification

Questions for Long Answers and Short Notes


1) Who is Unpaid Seller? What are his rights?
2) What is offer? Explain the features of valid offer.
3) What is mean by Bills of Exchange?
4) What is Lien?
5) What is delivery of Goods? State the rules of delivery of goods.
6) What is Crossing of Cheques? Explain the various types of Crossings.
7) What is Bailment? Explain the Kinds of bailments and its essentials.
8) What do you mean by Delivery of goods? Explain its rule.

9) What are the various types of crossing of cheques?


10) What are the modes of the discharge of contract?
11) Explain the Concept of Negotiable Instrument. Set out its Characteristics.
12) Explain the term Endorsement.
13) Describe the Contract of Indemnity and rights of indemnity holders.
14) Enumerate the Concept of Negotiable Instrument and its Features.
15) Appointment of agent. Rights and duties of agent.
16) All contracts are agreements but all agreements are not contractExplain.
17) What is offerand Invitation to offer?
18) What are the various Types of Agents?
19) What are the various types of Hundies.
SECTION II

Explain the following terms


1) Stocks
2) State Consumer Protection Council
3) Share holder
4) Rights of a partner
5) Public Company
6) Prospectus
7) Promoter.
8) Outgoing Partner
9) Model Bye- Laws.
10) Lifting the Corporate Veil.
11) Indoor management
12) Goodwill of a firm
13) Goodwill
14) Forfeiture of shares
15) Dishonour of Cheque.
16) Consumer Society
17) Consumer goods
18) Appeals.
19) Acquisition of membership of a co-operative society

Questions for Long Answers and Short Notes


1) Write note on Co-operative Court.
2) Who is Consumer? Why he needs Protection?
3) Who is Unpaid Seller?
4) When a private company can become a public company?
5) What are rights and duties of partners?
6) What is Memorandum of Association? Set out its importance and various clauses of it.
7) What is mean by Constructive notice
8) What is Goodwill of a firm?
9) What is District Forum? State its powers.
10) What is Partnership at will.?
11) What are the various types of companies?
12) What are the various Restrictive Trade Practice & Unfair Trade Practice?
13) What are the rights, duties and liabilities of members of Co-operative Society?
14) What are the Rights of a partner under the partnership act?
15) What are the provisions of Appointment of Directors.?
16) What is the Importance of Certificate of Incorporation?
17) What are the Effects of Non-Registration of Partnership Firm?
18) How inquiry can be done by registrar?
19) How Directors of a Company can appoint?
20) Explain the meaning of Void Agreement.
21) Explain the meaning of Doctrine of Caveat Emptor
22) Explain District Forum and its power.
23) Explain Co-operative society.
24) Distinguish between Company and Partnership
25) Distinguish between Bye laws and Model laws.
26) Discuss various modes of dissolution of Partnership Firm.
27) Define Partnership. Discuss in detail minors position in partnership.

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