BBA403 Business Laws B.B.A Question Bank : uou.ac.in

Name of the University : Uttarakhand Open University
Degree : B.B.A
Subject Code/Name : BBA403 Business Laws
Year : II
Semester : IV
Document Type : Old Question Papers
Website : uou.ac.in

Download Model/Sample Question Paper : https://www.pdfquestion.in/uploads/uou.ac.in/4372.-BBA-403.pdf

Business Laws :

Fourth Semester Examination- 2012
Time : 3 Hours

Related : Uttarakhand Open University BBA402 Indian Business Environment Question Bank : www.pdfquestion.in/4371.html

Note : This paper is of sixty (60) marks containing three (03) sections. Learners are required to attempt the questions contained in these sections according to the detailed instructions given therein.
SECTION – A
(Long-answer – type questions)
Note : Section ‘A’ contains four (04) long-answer-type questions of fifteen (15) marks each. Learners are required to answer two (02) questions only. (2*15=30)
1. What is an agreement? When does an agreement become a contract? Discuss the essential elements of valid contract.
2. What are the features of a contract of sales? Discuss essential conditions and warranties.

3. Point out the differences between ‘Prospectus’ and ‘Statement in lieu of prospectus’. Discuss the contents of a prospectus.
4. Briefly explain the provisions of the Companies Act regarding different types of meetings of a company.

SECTION – B
(Short – answer – type questions)
Note : Section ‘B’ contains eight (08) short- answer type questions of five (05) marks each. Learners are required to answer four (04) questions only. Answers of these questions must be restricted to two hundred fifty (250) words approximately. (4*5=20)
Briefly discuss any four (04) of the following :
1. Void and voidable contracts.
2. Quasi Contracts.
3. Rules regarding transfer of property under Sales of Goods Act.
4. ‘Holder and ‘Holder in due course’.
5. Distinction between Memorandum of Association and Articles
6. Buy-back of securities by a company.
7. Various modes of winding up.
8. Appointment of directors.

SECTION – C
Note : Section ‘C’ contains ten (10) objectives type questions of one (01) mark each. All the questions of this section are compulsory.
Indicate whether the following are ‘true’ or ‘false’ :
1. An agreement enforceable by law at the option of one or more parties is a void contract.
2. A coolie picks up the luggage to be carried to train and the owner allows him to do so. In this case the owner is not liable to pay to coolie.

3. Agreements in restraint of marriage of a minor are void.
4. A warranty is a stipulation essential to the main purpose of contract under Sale of Goods Act.
5. There are only two parties in a bill of exchange.

6. When a negotiable instrument is endorsed and delivered conditionally but property in it is not transferred it is called as ‘escrow’.
7. Statutory Companies are formed and governed by the provisions of Indian Companies Act.

8. A private company must have a minimum paid-up capital of Rs. 5 lakhs.
9. A company can issue stock to public bearing a distinctive number.
10. A director must necessarily be a shareholder of the company.

Fourth Semester, Examination-2015 :
BBA-403 Business Laws :
Section – A : (Long Answer Type Questions)
Note : Section ‘A’ contains four (04) long-answer-type questions of fifteen (15) marks each. Learners are required to answer any two (02) questions only. (2×15=30)
1. State the various modes in which contract may be discharge.
2. Distinguish between condition and warranty. In what circumstances can breach of condition be treated as breach of warranty?

3. Define a ‘Holder in Due Coursed. Explain the privileges of a holder in due courn under Negotiable Instrument Act.
4. Define company and explain its main features.

Section – B : (Short Answer Type Questions)
Note : Section ‘B’ contains eight (08) short-answer-type questions of five (05) marks each. Learners are required to answer any four (04) questions only. (4×5=20)
1. What do you understand by ‘Contractual capacity’ of partner?
2. What is meant by ‘Free Consent’?
3. Write a short note on Quasi-contract.

4. Define contract of sale of goods.
5. Explain doctrine of Caveat Emptor.
6. What are the essentials of a Bill of Exchange?
7. What is Prospectus?
8. Define Private company.

Section – C : (Objective Type Questions)
Note : Section ‘C’ contains ten (10) objective-type questions of one (01) mark each. All the questions of this section are compulsory. (10×1=10)
Fill in the blanks :
1. An agreement enforceable by law is a ………………………. .
2. consideration should be given at the desire of the …………. .
3. Because of supervening impossibility the contract becomes ………………….. .
4. The presentation of acceptance is required only in the case of ………………………. .