Thursday, December 3, 2015

Sambalpur university bcom 1st year company and law paper 2012 Question paper

Are you searching for B.Com Sambalpur University Previous Years Question Papers ? You can see here and download the Question Paper for company and law paper  subject. You can get 2012 Question Paper of this subject below:

Sambalpur University
Year of the Exam: 2012
FULL MARKS:100
TIME:3 hours
Answer all questions
1. Define consideration and discuss the rules regarding consideration given in the Indian Contract Act.
OR
Answer the following problems giving reasons :
(a)In January A did some work for B.B promised to pay A rs 500 for the work in june.Does this promise constitute a valid contract?
(b)A grocer supplies monthly rations for six months to B a minor. On Bs failure to pay the price,he sued B to realise his dues.Will he succeed?
(c)A sells a horse to B, knowing fully well that,the horse is unsound, but does not reveal the nature of the horse to B.Can A be liable to B for the transaction?
(d)A agrees to whitewash Bs building for Rs1000.A is ready and willing to do the work but B prevented him from doing so.Advise A.
2.Define bailment.Discuss the rights and duties of the bailee.
Or
(a)What do you mean by a contract of indemnity?what are the rights of the indemnity holders?discuss.
(b)Explain and illustrate the distinction between a contract of indemnity and a contract of guarantee.
3.What do you mean by implied conditions in a contract of sale?discuss the various implied conditions that may be attached to a contract of sale.
Or
who is unpaid seller? what are his rights? Discuss.
4.What is cheque?how is it crossed?how many types of crossings are there?discuss.
Or
what do you mean by holder in due course?discuss the privilages enjoyed by a holder in due course according to Negotiable Instruments Act.
5.What are the various kinds of shareholdes meeting held by a company?discuss the provisions of the Act regarding holding of such meetings.
Or

what are the various kinds of resolution?Under what situations is a special resolution necessary?discuss.

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