North South University School of Business Mid Term Summer 2010 Subject: Business Law Paper: LAW 200

Full Marks: 25 Time: 1.5 hour Instructions: Carefully go through the questions. Answer must be specific and to the point. When answering keep in your mind the allocated number and time. Mistakes of spelling and sentence structure and superfluous answer will be seriously viewed. Answer any five questions of the following: (5 X 5 = 25) 1. What is bailment? What are the characteristic features of bailment? What are the rights of the parties in case of accretion during the period of bailment? 2. Distinguish between Bailees Particular Lien and General Lien. State the degree of care to be taken by a bailee. 3. Describe the duties of a bailee to the bailor. 4. a. What are the duties of a bailor? b. A hires a carriage of B. The carriage is unsafe, though B is not aware of it, and A is injured. Can A claim any compensation for injury against B? Give reasons to your answer. 5. a. Define consent and free consent. In order to prove Undue Influence two things must be established. What are they? b. What is the main difference between fraud and misrepresentation? 6. Define Principal and Agent. State the duties of an Agent to his principal. 7. Briefly describe different methods by which an agency can be created. 8. Describe the duties of the principal to his agent.

North South University School of Business Mid Term (Make-up) Fall 2010 Answer any five from the following: 1. What is Bailment? What are the characteristics features of Bailment? Describe the rights of a bailor? 2. Distinguish between Bailees particular lien and Bailees general lien. State the degree of care to be taken by a Bailee. 3. a. What is pledge? Explain the difference between bailment and pledge. b. What rights a pawnor have against a pawnee? Explain. 4. a. What are the rights of a Bailee? b. A hires a carriage of B. The carriage is unsafe, though B is not aware of it, and A is injured. Can A claim any compensation for injury against B? Give reasons to your answer. 5. Define principal and agent. State the duties of a principal to his agent. 6. Briefly describe the different methods by which an agency can be created. 7. Describe the duties of an agent to his principal. 8. Define a Sale and an Agreement to Sell. What are the main differences between a Sale and an Agreement to Sell. Explain.

North South University School of Business Mid Term Fall 2010 Subject: Business Law Paper: LAW 200 Full Marks: 25 Time: 1.5 hour Instructions: Carefully go through the questions. Answer must be specific and to the point. When answering keep in your mind the allocated number and time. Mistakes of spelling and sentence structure and superfluous answer will be seriously viewed. Answer any five questions of the following: (5 X 5 = 25) 1. What is bailment? What are the characteristic features of bailment? What are the rights of the parties in case of accretion during the period of bailment? 2. Distinguish between Bailees Particular Lien and General Lien. State the degree of care to be taken by a Bailee. 3. Describe the duties of a Bailee to the bailor. 4. a. What are the duties of a bailor? b. A hires a carriage of B. The carriage is unsafe, though B is not aware of it, and A is injured. Can A claim any compensation for injury against B? Give reasons to your answer. 5. a. Define consent and free consent. In order to prove Undue Influence two things must be established. What are they? b. What is the main difference between fraud and misrepresentation? 6. Define Principal and Agent. State the duties of an Agent to his principal. 7. Briefly describe different methods by which an agency can be created. 8. Describe the duties of the principal to his agent.

North South University School of Business Mid Term (make up) Spring 2010 Subject: Legal Environment of Business Paper: LAW 200 Full Marks: 25 Time: 1 hour 10 minutes. Answer any fl questions of the following: 5 X 5 =25 1. Define a Sale and an Agreement to Sell. What are the main differences between a Sale and an Agreement to Sell? Explain. 2. What are the various kinds of duties of the buyer of goods under the Sale of Goods Act, 1930? Illustrate. 3. Who is an unpaid seller of goods? A agreed to sell to B 1200 tons of coal to be delivered in monthly installments of 100 ton each. After three installments had been delivered, A refused to deliver any further coal under the Contract. Discuss the rights of A and B after this refusal. 4. a. What are the conditions for transfer of ownership? Explain b. What is the general rule of passing of risk? Is there any exception to this? Explain. 5. a. Define a Carriage- under the Carriage of Goods Act. Classify various types of carriers. b. Describe the rights of a Common Carrier. 6. What do you mean by a Common Carrier? Describe the duties of a Common Carrier. 7. Define and distinguish between a Bill of Lading and a Charter Party. Discuss various types of charter party. 8. What do you mean by a Contract of Affreightment under the Carriage of Goods by Sea Act, 1925? Describe the main functions of a Bill of Lading.