Spectrum study circle

15/22 2nd Floor Ashok Nagar ND – 18 (PH- 55711031, 9810378235)

BUSINESS LAW

Q.1 All contracts are agreements but all agreements are not contracts.

Comment?

Q.2 Define offer, discuss briefly the law relating to communication of offer,

Acceptance and Reduction of offer & Acceptance.

Q.3 What remedies are available to an aggrieved party on the Breach of a

Contract?

Q.4 Distinguish between a contract of indemnity and a contract of Guarantee?

Q.5 Distinguish between Bailment and Pledge?

Q.6 What do you mean by Agency by Ratification?

SALE OF GOODS

Q.7 Explain the nature of Contract of Sale of Goods and bring out clearly the

distinction between “a contract of sale” and an “agreement to sell”.

Q.8 Distinguish between a “Condition” and a “Warranty”. Discuss the implied

conditions and warranties in a contract of sale of goods?

Q.9 Rights of an unpaid seller?

PARTNERSHIP

Q.10 “Although sharing of profits is an essential element of Partnership, it is

not the sole test”. Comment.

Q.11 Can a minor be admitted to a partnership? If so, what are his rights and

liabilities during Minority and after he has attained majority?

Q.12 What is meant by the implied authority of a Partner to bind the firm?

Are third parties affected by restrictions placed on such implied

authority?
 COMPANY LAW & SECRETARIAL PRACTICE

Q.13 Privileges of a Private Company? Explain.

Q.14 Describe the procedure for the alteration of object clause and the name

clause of the memorandum?

Q.15 Distinguish between share certificated and share warrant?

Q.16 Distinguish between pre-incorporation contract and provisional contract?

Q.17 Distinguish between transfer and transmission of shares?

Q.18 What are the powers of the Board of Directors?

Q.19 Distinguish between Managing Director and Whole Time Director.

Q.20 Write short notes on:

(i) Statement of lieu of Prospectus.

(ii) Bonus shares

(iii) Right Issue

(iv) Share Issue at Discount (sec. 79)

(v) Share Issue at Premium (sec. 78)

(vi) Share Holders and Members

(vii) Agenda

Mr.
Rohit Kohli
{Commerce Faculty}