END TERM EXAMINATION
FOURTH Semester [BBA] MAY-JUNE—2015
Paper Code: [BBA/TTM/B&I] 210
Subject: Business Law
Time: 3 Hours Maximum Marks:75Note: Attempt any five questions including Q.No. 1 which is compulsory. Select one question from each unit.
Question 1: Write short notes on any three of the following: [3x5=15]
(a) Prospectus and consequences of misstatements therein.
(b) Mistake and its effects.
(c) Rights of an unpaid seller.
(d) Crossing of a cheque.
(e) Position of directors.
Question 3: Explain the law relating to the agreements entered into with or by a minor under the Indian Contract Act, 1872. (15)
Question 4: Describe the implied conditions and warranties in a contract of sale of goods. (15)
Question 5: State the features of a contract of sale. When does the property in goods transferred to a buyer? (15)
Question 7: What is meant by ‘dishonour’ of a negotiable instrument? State the penalty for dishonour of a cheque for insufﬁency of funds to the credit of the account of the drawer. (15)
Question 9: What are the powers of a director? How are limits placed on these powers? (15)