Business Law Practice Question Paper 1


0

business law

Advertisement

Business Law, also known as Commercial Law is a broad area of law which covers many aspects that governs how to start, buy, manage and close or sell any type of business. Business law includes state and federal laws as well as administrative regulations. Practicing a Business Law question paper online helps you to improve your ability to attend the semester exam with ease.

Here we present Business Law Practice Question Paper 1:

Q.1      Answer the following. (any 2)                                                                                     (15)

  1. What is contract? Explain the essential of a contract.
  2. What is offer & what are different kinds of offer?
  3. Explain the rules regarding consideration?

Q.2      Answer the following. (any 2)                                                                                     (15)

  1. Briefly explain the implied condition in a contract of sale.
  2. Explain the essential features of constant of sale.
  3. What are the rights of unpaid seller.

Q.3      Answer the following. (any 2)                                                                                     (15)

  1. What are various unfair trade practice.
  2. What is promissory note? Explain essential of promissory note.
  3. Distinguished between Cheque & bills of exchange.

Q.4      Answer the following. (any 2)                                                                                     (15)

  1. What is prospectus? Explain its contents.
  2. What is Memorandum of Association? Explain contents of Memorandum of Association.
  3. Distinguished between private company and public company.

Q.5      Write short note on                                                                                                      (15)

  1. Types of companies.
  2. “acceptance” as per contact act
  3. “warranties” as per sale of goods act.
Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

0 Comments

Ask Us On WhatsApp
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format