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36 views

First Sem

Uploaded by

aayush182006
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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SWAMI ATMANAND ENGLISH MEDIUM COLLEGE, KORBA

ASSIGNMENT

B.COM FIRST SEMESTER

BUSINESS LAW

1. What is mercantile law? What are its sources?


2. What is a contract? What are its types? Explain its essential elements.
3. Every contract is an agreement but every agreement is not contract, discuss?
4. Distinguish between
1) void and voidable Contract
2) void and illegal agreement
3) express and implied contract.
4) Formal and simple contract. Give examples
5. Distinguish between contract and agreement define agreement and explain its
type
6. Define
1) Proposal
2) Promise
3) reciprocal promise
4) void agreement
5) voidable agreement
7. Write notes on
1) quasi-contract,
2) unforce able contract
3) Consensus ad-idem
8. Distinguish between offer and an invitation. what are the essentials of valid
acceptance?
9. What is meant by revocation of proposal? What is the various method of
revocation?
10. What do you mean by term consideration? Explain the rules regarding
consideration. Is consideration necessary in all cases? Can a stranger to
considerations sue? Explain
11. Difference between unlawful and illegal agreement
12. What are wagering agreement? How do they differ from insurance contract?
13. What is meant by an agreement against public policy?
14. What is a void agreement? enumerate the agree with which have been expressly
declared void.
15. Distinguish between a contingent contract and a wagering agreement
16. Explain the rules regarding contingent contract with the help of examples
17. Explain that performance of contract
18. Discuss briefly how is contract discharged? And rules regarding this?
19. Explain what is implied contract?
20. What are the remedies available to a party in case of breach of contract?
21. Distinguish between liquidated damages and penalties
22. What is agency? How it is created and terminated? Whether consideration is
necessary to create an agency. What are the essentials of an agency
agreement?
23. Distinguish between
A agent and servant
B agent and bailee
C agent and independent contractor
24. What are the kinds of agents explain each of them?
25. What are the rights and duties of principal and agent?
26. What do you mean by an agency by rectification? Under what circumstances an
agent is personally liable?
27. What is a bailment? What are the rights and duties of Bailor and Bailee?
28. What do you understand by pledge? Distinguish between Bailment and pledge.
29. What is pledge? How does it differ from Bailment? What are the rights of Pawnor
and Pawnee?
30. What is contract of indemnity whether a contract of insurance is covered by the
definition?
31. What is a contract of guarantee what are the various kind of guarantee?
32. Distinguish between contract of indemnity and guarantee

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