Roll No. ......................

Total No. of Questions : 13] [Total No. of Pages : 02

Paper ID [B0212]
(Please fill this Paper ID in OMR Sheet)

MBA (302)(Old/S05) (Sem. - 3rd)

CORPORATE LEGAL ENVIRONMENT

Time : 03 Hours Maximum Marks : 75

Instruction to Candidates:
1) Section -A is Compulsory.
2) Attempt any Nine questions from Section - B.

Section - A <

(15 × 2 = 30)
Q1)
a) What is a Public offer?
b) What happens if free consent in a contract is missing?
c) What is an unlawful agreement?
d) Define the term an agent?
e) What are the types of Negotiable Instruments?
f) What is a warranty in a contract of sale?
g) Who can sell the goods?
h) Give two examples of contracts which need not be performed.
i) What are specific goods?
j) When can an unpaid sellers resell the goods?
k) Who is a common carrier?
l) What is a primage?
m) What is a Holding Company?
n) What are the requisites of a valid meeting?
o) Distinguish between excise and custom duty.

J-8611[S-9700615] P.T.O.
 Section - B <

(9 × 5 = 45)
Q2) ‘The law will not enforce a promise given for nothing’. Discuss.

Q3) Distinguish between coercion and undue influence with the help of
illustrations.

Q4) What are the rights and duties of an agent towards his principal?

Q5) Explain and illustrate the fundamental principles of insurance.

Q6) What is meant by term ‘crossing a cheque’? What are the various types of
crossing?

Q7) When may a holder regard a negotiable instrument as dishonoured? What

are his rights and obligations in case of dishonour?

Q8) How is a contract of sale made? State briefly the necessary formalities of
such a contract.

Q9) Explain the doctrine of ‘Caveat Emptor’ and state the exceptions to it.

Q10) Discuss the liability of the Railway Administration as a carrier of good.

Q11) What is the effect of issuing a certificate of incorporation? Can a court

annul a certificate of incorporation which has been improperly issued?

Q12) What is members voluntary winding up of a company? Explain the procedure

of such type of winding up.

Q13) Define the terms:

(a) High Contracting Party.
(b) International Carriage.
(c) Passenger Ticket.
(d) Baggage Check.

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