Roll No.................
Total No.
of Questions : 07
B.Com (Sem.–2nd)
MERCANTILE
LAW
Subject Code :
BCOP-203
Paper ID
: [B1119]
Time :
3 Hrs.
INSTRUCTION TO
CANDIDATES :
1. Section
– A is compulsory.
2. Attempt
any four questions from section-B
Section –A
1. Write
briefly:
a. What
is consideration?
b. What
is an unlawful agreement?
c. What
is the test of agency?
d. Define
a contract of bailment.
e. Explain
the doctrine of ‘Caveat Emptor’
f. Define
unpaid seller.
g. Distinguish between bill of exchange and promissory note.
h. What
is meant by dishonour by non-payment?
i. Explain
the term consumer under consumer protection Act. 1986.
j. What
are the objective of consumer protection Act,1986,
Section-
B
2. A
contract is define as “an agreement enforceable by law” discuss.
3. What
are the remedies available to a party in case of breach of contract?
4. Wheat
are the rights and duties of a bailed?
5. Explain
the doctrine of caveat emptor and state exceptions to it.
6. Define
negotiable instrument. Explain various types of negotiable instruments describe
their characteristics.
7. Evaluate
the constitution and working of three –tier consumer redressed forums in India.
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