Legal Aspects of Business

Topics: Contract, Promissory note, Negotiable instrument Pages: 4 (832 words) Published: November 17, 2012
Q.1) a) Define contract . Explain the different ways by which a contract may be discharged. (15) b)Explain in detail rights of surety. ( 10) Q.2) a) Define contract .Explain essentials of valid contract. (15) b) Explain the meaning of free consent and explain the circumstances when the consent is not free. In Last 2 exams. there was compulsory question of 25 marks as given above and out of remaining 6 questions we were to attempt any 3 questions of 15 marks each.

Q.3) Who is unpaid seller? Explain in detail legal provisions relating to rights of unpaid seller. Q.4) What is negotiable instrument ?What are the various types of Negotiable Instrument. Q.5) What is memorandum of Association ?Explain the contents of Memorandum of Association. Q.6) Define consumer .Explain rights of consumers.

Q.7)Define Digital Signature . Explain its importance in to-days world. Q.8) Write Short notes.(Any 3)
a)Trade mark& designs.
b)Caveate Emptor.
c)Holder & Holder in due course.
d)Duties & Liabilities of Agent & Principal.
Q.9) Explain various provisions relating to transfer of ownership under Sale of Goods Act. Q.10) Explain in detail ,dishonor of Negotiable Instruments under Negotiable instrument Act. Q.11) Define Patent and explain various types of patent.

Q.12) Define consumer. Explain the procedure of a complaint made under District Forum under consumer protection act. Q.13) Explain provisions relating to digital signature and Electronic Governance. Q.14)Write short notes(any 3)

a) Trade mark.
b)Unfair Trade Practice
c)Valid consideration.
d)Bill of Exchange.
Q.15) “A contract without consideration is void,” comment and give...
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