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SIR PADAMPAT SINGHANIA UNIVERSITY UDAIPUR

School of Management

Mid-Term Examination, September - 2010

Subject: Business Laws           Subject code: MB 516                     Semester:   MBA –III

Time: 01:30 hrs             Maximum Marks – 25

Part A
Attempt any 6 questions                                                                   (6 x 0.5 = 3 marks)

  1. What is a Contract?
  2. Indian contract act is based on which law?
  3. Negotiation instrument act is made in which year?
  4. Explain offer?
  5. When a Contract is deemed to be completed?
  6. Definition of a contract is given in which section?
  7. “A thief cannot be holder in due course”, why?
  8. Which negotiable instrument is written on a bank?

Part B
Attempt any 3 questions                                                                   (3 x 4 = 12 marks)
  1.
  A. Discuss Chinnayya V/s Ramayya case
  B. Which rules were applicable on the case.
  2. A. What is Bouncing a Cheque?
  B. Define Quasi Contract.
  3.
  A. Explain holder in due course?
  B. What privileges it has over holder?
  4.
  A. Explain Crossing of cheque.
  B. Explain types of crossing.

Part C
Attempt any 1 question                                                                     (1x 10 = 10 Marks)
  1. Explain the difference between cheque and bills of exchange?
  2. Explain Discharge of a contract.

SIR PADAMPAT SINGHANIA UNIVERSITY UDAIPUR

School of Management

Mid-Term Examination, September - 2010

Subject: Business Laws           Subject code: MB 516                     Semester:   MBA –III

Time: 01:30 hrs             Maximum Marks – 25

Part A
Attempt any 6 questions                                                                   (6 x 0.5 = 3 marks)

  1. Contract can be void on the wish of one party is called?
  2. Indian contract act is based on which law?
  3. Negotiation instrument act is made in which year?
  4.... [continues]

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