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B. Com DEGREE (CBCSS) EXAMINATION, NOVEMBER 2011
Core Course III-BUSINESS REGULATORY FRAMEWORK
(Common for B.Com Model I, B.Com. (Vocational – Model II) and UGC Sponsored
B.Com Programmes)
Time : Three Hours                                                                       Total Weight : 25
Section A
This section consists of four bunches of four questions each. Each bunch carries a weight of 1. Answer all questions.

I Choose the correct answer from the choices given:
  1. an agreement enforceable by law is:
(a)    agreement  (b) contract (c) obligation (d) consideration
  1. a contract which ceases to be enforceable by law is called: 
(a)    void contract  (b) invalid contract  (c) voidable contract (d) none of these
  1. “An agreement without consideration is void “. The exception to this is: 
(a)    Promise to pay a time-barred debt (b) compensation for voluntary services
(c) love and affection between relatives (d) all of the above
  1. Mr. A appointed B to purchase a second hand car on his behalf. The relationship between A and B is called:
(a)    principal and agent  (b) agent and principal(c) law of agency   (d) law of bailment

II State whether the following are True or False:
5.  Law of contract is the law of all obligations.
6. An advertisement to sell goods by auction is an offer.
7. Partial acceptance is invalid.
8. A continuing guarantee can never be revoked.   .
III Fill in the blanks
9. Guarantee obtained by misrepresentation is ……….
10. Possession is necessary to claim the right of …………..
11. Quantum meruit means …………...
12. A sale is an executed contract. But an agreement to sell is an ………… contract.
IV answer in a word or phrase  
13. A person who is not a party to the contract is called as …………………
14. What do you call a contract by which both the parties have yet to perform their respective promises?
15. What do you call an agent under the control of an original agent?
16. The application software that manipulates images is known as ……………...
                      (4x1=4)
Section B
V Answer any five questions. Each question carries 1 weight.  Each answer not to exceed 8 lines.
17. Define contract.
18. What is voidable contract?
19. What do you mean by an implied offer?
20. Define bailment.
21. What is ratification?
22. What is symbolic delivery?
23. What is meant by digital signature?
24. What is caveat emptor?                                                                                    [5x1 = 5]
Section C
VI Answer any four questions. Each question carries 4 weights. Answers should not
Exceed two pages.
25. Define the term acceptance. Explain the essential elements of valid acceptance.
26. What are the rights of surety?
27. Explain the different modes by which bailment may be terminated.
28. Explain the different ways of termination of a contract of agency.        
29. What do you mean by warranty? Explain the differences between condition and warranty.
30. State the scope of IT Act 2000.
 [4x2 = 8]
Section D
VII Answer any two questions. Each question carries 4 weights. Answers should not exceed four pages.
31. What is contract of sale? What are the essentials of a contract of sale?
32. Explain the nature and extend of surety’s liabilities. Explain the different methods by which the liability of the surety is discharged.
33. Define the term coercion. Explain the essentials and legal rules for a valid coercion.
 [2x4 = 8]
B. Com DEGREE (CBCSS) EXAMINATION, NOVEMBER 2010
Core Course III-BUSINESS REGULATORY FRAMEWORK
(Common for B.Com Model I, B.Com. (Vocational – Model II) and UGC Sponsored
B.Com Programmes)
Time : Three Hours                                                                       Total Weight : 25
Section A
This section consists of four bunches of four questions each. Each bunch carries a weight of 1. Answer all questions.

I Choose the correct answer from the choices given:
  1. An agreement created by words written or oral is called:
(a) Void agreement  (b) Voidable agreement (c) Express agreement
(d) Implied agreement
  1. Consideration may be: 
(a)             Past (b) Present  (c) Future (d) Past, Present or future
  1. Who is liable for supply of necessaries to a minor : 
(a)    Minor (b) Guardian of the minor (c) Property or estate of the minor (d) none of these
  1. Contract is void in case of:
(a)    Mistake  (b) Fraud (c) undue influence   (d)Misrepresentation

II State whether the following are True or False:
5.  An agreement to do an impossible work is void.
6. An agreement in restraint of marriage is valid.
7. A contingent contract is valid.
8. All agreements are valid.
III Fill in the blanks
9.  A contract of personal nature can be performed by  ……….
10. In a contract of indemnity the number of parties are  …………..
11. Banker can exercise ...............  lien.
12. Unintentional false statement is …………..
IV Answer in a word or phrase  
13. Monetary compensation payable by the defaulting party to the aggrieved party is called ………
14. Substitution of a new contract in the place of old one is known as  …………..
15. A contract which is  dependent on something else is known as  ………..
16. ……………… means as much as earned.                                                 (4x1=4)
Section B
V Answer any five questions. Each question carries 1 weight.  Each answer not to exceed 8 lines.
17. What is voidable contract?
18. How is an offer revoked?
19. What is meant  by executory consideration?
20. what do you mean by estoppel?
21. Who are competent to contract?
22. Who is a surety?
23. Who is concealed principal?
24. What is  meant by asymmetric crypto system?                                     [5x1 = 5]
                                                    
Section C
VI Answer any four questions. Each question carries 4 weights. Answers should not
Exceed two pages.
25. Distinguish between conditions and warranties.
26. Explain the rights and duties of an agent.
27. Define pledge and distinguish it from bailment.
28. Distinguish between general lien and particular lien.      
29. Distinguish between coercion and undue influence.
30. “Consideration need not be adequate” Explain.
 [4x2 = 8]
Section D
VII Answer any two questions. Each question carries 4 weights. Answers should not exceed four pages.
31. Discuss the duties of certifying authority under the Information Technology act,2000.
32. State and explain the various rights available to an unpaid seller under the Sale of goods Act, 1930.
33. Explain the essentials of  a valid contract.
 [2x4 = 8]






B. Com DEGREE (CBCSS) EXAMINATION, NOVEMBER 2009
Core Course III-BUSINESS REGULATORY FRAMEWORK
(Common for B.Com Model I, B.Com. (Vocational – Model II) and UGC Sponsored
B.Com Programmes)
Time : Three Hours                                                                       Total Weight : 25
Section A
This section consists of four bunches of four questions each. Each bunch carries a weight of 1. Answer all questions.

I Choose the correct answer from the choices given:
  1. when two persons are making identical offers to each other , it is:
(a) Cross offer (b) counter offer (c) general offer (d) special offer
  1. an agent’s agent is called : 
(a)    general agent (b) sub agent (c) substituted agent (d) special agent
  1. When one person gives a shirt piece to a tailor for stitching, it is: 
(a)    Pledge  (b) agency  (c) sale  (d) bailment
  1. in a sale:
(a)    ownership is transferred to buyer  (b) ownership is not transferred to buyer (c) possession is not transferred to buyer  (d) price is not required

II State whether the following are True or False:
5.  A minor can become an agent.
6. Quid pro quo means something in return for something.
7. All agreements are contracts.
8. Bailee can sell goods bailed always.
 III Fill in the blanks
9.  When a new contract is formed in the place of old one is known as …………
10.  Bailment for security of payment of debt is ……………..
11. When a person acts as an agent for special purpose he is called…………….
12.  Willful misrepresentation and an intention to cheat the other party in a contract is called ……….
IV Answer in a word or phrase
13.  When two persons are making bet it is called  ………. 
14. When damages are awarded for name sake it is called …………..
15. For a contract of guarantee, there shall be how many parties.
16. When a person has lost his mental capacity he is known as …..……   (4x1=4)                                        
Section B
V Answer any five questions. Each question carries 1 weight.  Each answer not to exceed 8 lines.
17. What is undue influence?
18. What are warranties?
19. Explain digital signature.
20. what  is a quasi contract?
21. What is agency by necessity?
22. What are different types of goods in sale of goods Act?
23. What do you mean by a contract of indemnity?
24. What is  communication and revocation of offer and acceptance?       [5x1 = 5]                         
                                                   
Section C
VI Answer any four questions. Each question carries 4 weights. Answers should not
Exceed two pages.
25. What are the different types of agents?
26. Explain the elements of contract with a minor.
27. What are the different types of damages/
28. What are the implied conditions in a contract of sale?
29. How does misrepresentation  and fraud differ?
30.  What are the offences generally come under I T Act?
 [4x2 = 8]
Section D
VII Answer any two questions. Each question carries 4 weights. Answers should not exceed four pages.
31. What do you mean by discharge of contract? What are the different modes of discharge?
32. What is bailment? How does it differ from pledge? Also explain the duties of bailee.
33. What is consideration? Explain the elements of consideration.
 [2x4 = 8]


2 comments:

Niju said...
This comment has been removed by the author.
October 30, 2012 at 6:49 PM
Niju said...

thanks sir

October 30, 2012 at 6:55 PM

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