SCDL

Program Name:
Subject:
Assessment Name:
Weightage:
Total Marks:
Duration:

PGDBA
Business Law
BL - Exam
70
70
60 mins

Instructions (Start of Assessment):

Marks: 70

Time: 60 Minutes i.e. 1 Hour

No Negative Marking

Breaks are not allowed

1) In fraud a false representation is deliberately made

(2)
1] True
2] False
2) Time is the :BLANK of the contract
(2)
1] Subject
2] Essence
3] Rule
4] Law
3) Match the Following
(4)
1] Surety is liable to pay amount to
2] Bailee liable to return the goods to
3] Agent is liable to
4] Principal debtor is liable to

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1] Creditor on demand
2] Bailor
3] Principal
4] Creditor
5] Indemnifier
6] Indemnified

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4) Match the Following

(4)
1] Partner in profit
2] No active part in the business of the
partnership firm
3] Registration of the firm
4] Express opinion

1] A partner becomes entitled to receive a share of profits

only and not loss
2] Partner in profits
3] At any time
4] Partners of the partnership firm
5] Condition precedent
6] Important test

5) In a sale, there is an immediate transfer of :BLANK of the property in the name of a buyer
(2)
1] Ownership
2] Property
3] Goods
4] Goodwill
6) Negotiable instrument is :BLANK transferable .
(2)
1] Freely
2] Merely
3] Just
4] First
7) Punishment in case of bouncing a cheque is five years.
(2)
1] True
2] False
8) For initiating a criminal action under section 138 the cheque should have been issued towards discharged
of a debt.
(2)
1] True
2] False
9) Match the Following
(4)
1] I promise to pay Dolly Rs.1500/2] Cheque payable on or after the specified date on
it
3] Documentary bill
4] Clean Bill

1] Promissory note
2] Post dated cheque
3] Annexed to a bill of exchange
4] When no documents is attached to a bill of
exchange
5] Partnership firm
6] Entitled to receive the amount

10) A person who has been a District Judge is appointed as a :BLANK of District Forum
(2)
1] President
2] Chairman
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3] Head
4] Counsellor
11) "No consideration no contract" is applicable to
(4)
1] Promise made on account of love and affection
2] Promise for compensation of voluntary service
3] Promise to pay any time barred debt
4] Promise to do something or abstinence
12) Consent is said to be free if not caused by
(4)
1] Coercion and fraud
2] Mistake and misrepresentation
3] Undue influence and fraud
4] Mistake and false representation
13) The party defrauded can
(4)
1] Avoid or rescind the contract
2] Sue for damages in the court
3] Insist for the performance
4] Continue with the contract
14) Match the Following
(4)
1] Person entered only for the benefits of the partnership firm
2] Tenders are invited for the supply of certain specified goods
3] A promise to purchase one more lucky - stone if the previously bought lucky stone proves lucky
4] An offer made by an offerer to definite person

1] Minor
2] Definite offer
3] Not enforceable and
binding
4] Specific offer
5] Communication of
proposal
6] Revocation

15) A declaration given for the registration of company is given by

(4)
1] An advocate of Supreme Court
2] An attorney entitled to appear before a High Court
3] A Pleader entitled to appear before a High Court
4] A Judge of a District Court
16) One man holds practically the :BLANK of the share capital of the one man company.
(2)
1] Whole
2] Half
3] Quarter
4] Partial
17) Goods which are not existing but can be produced in the future can not be sold
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SCDL

(2)
1] True
2] False
18) The right of lien is exercised when the buyer is not able to pay and pays
(2)
1] True
2] False

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