Hello FYBMS students,


We’ve been receiving many requests by students to publish some questions we think are important from the exam preparations perspective. Since this is the first time FYBMS exams are conducted, we weren’t able to put together a question bank, however someone from the fraternity shared this with us on our whatsapp number sometime back.

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Law exam:

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Essential elements of a valid Contract.
Explain void, voidable, illegal, unenforceable agreements .
“Agreement without consideration is void”, explain
Explain – ”All contract are agreements, but all agreements are not Contracts”
Explain Consent and Free Consent.
Explain Coercion
Explain Undue Influence
Explain competency of parties
Discuss – Breach of Contract
Discuss remedies available for Breach of contract
Explain the various modes of discharge of Contract
Explain Consent by Misrepresentation
Explain – “ Mistake” and its consequences.
Explain the various kinds of consideration
Explain the various kinds of agreements
Distinguish between Sale & Agreement to sell,
Essential elements of a valid sale Contract
Distinguish between Conditions & Warranties
What are the Implied Condition & Warranties?
Rights of an unpaid seller.
Meaning & salient features of a Company
Importance & contents of Memorandum of Association
Doctrine of Ultra vires
Doctrine of Constructive Notice
Doctrine of Indoor management with exceptions
Case study of Solomon V/s Solomon – Facts, decision & Principle
Case study of Ashbury Railway Company Vs Riche – Facts, decision & Principle
Case study of Royal British Bank v/s Turquand – Facts, decision & Principle
Meaning & Importance of a Prospectus.
Liability for untrue statement in the Prospectus.
Concept of Corporate Personality
Difference between Transfer & Transmission of shares
Different kinds of Meetings.
Different stages in the formation of the company.
Explain Bill of exchange and draw a sample
Explain Promissory note and draw a sample
Explain dishonor of cheque
Explain Negotiable Instrument in detail.
What is Patentable?
What is not patentable?
Explain trade marks and remedies for infringement
Explain the area and scope of copy rights
Explain geographical indications with examples.
What are the rights and remedies for copy rights
Meaning & requisites necessary for Patents.

Let’s try to make this a two way exercise. While we gather the question banks, you might have some inputs on this too!

Please use the comments box below and post questions that you think are important from your analysis. It would help the tybms community a lot.

How did your FYBMS Business Law Exam Go? Tell us your comments.

Best of luck guys!

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