Directorate of Distance Education Q-8 Contingent goods are the goods the acquisition of which by the seller may

the acquisition of which by the seller may or may

not happen.
INTEGRAL UNIVERSITY LUCKNOW A. Ascertained B. Contingent
Semester Examination June 2017 C. Existing D. Future
BUSINESS LAWS (Paper Code: BBA - 302)
Q-9 Where it is assumed that the principal has authorized the person to act as his agent
Course : BBA Semester : 3rd this type of Agency is created by
Time Duration: 3 Hours Total Marks: 80 A. Ratification B. Estoppel
C. Implication D. Express
SECTION A
Attempt All Ten (10) Questions. Q-10 The ratification can be done for the act which is done on behalf of
Each question is of Two (2) Marks. A. Agent B. Third party
C. Principal D. None of these
Q-1 Transfer of actionable claim is governed by
A. The Transfer of Property Act, 1982 B. The Sale of Goods Act, 1930 SECTION B (SHORT ANSWERS)
C. The Indian Contract Act, 1872 D. All the above
Attempt any Five (05) Questions.
Q-2 Under section 2 (6) of the Sale of Goods Act, 1930 future goods means Each question is of Six (6) Marks.
A. Goods which are not yet in existence B. Unascertained goods
C. Ascertained goods D. Specific goods Q-1 What are the conditions for Capacity to Contract? Describe in brief.
Q-2 What are the rights of buyer/buyers remedies against seller?
Q-3 The term goods in the sale of goods means Q-3 Describe the meaning of promissory note. What are the essentials characteristics of
A. Specific goods only B. Ascertained goods only a promissory note?
C. Ownership D. Subject matter Q-4 Describe the meaning of endorsement. What essential requirements of a valid
endorsement?
Q-4 The buyer must inspect the goods to find out if they will suit his purpose this Q-5 What is partnership? What are essential elements of partnership?
concept is also known as Q-6 Describe the process of compromises & arrangements
A. Caveat Emptor B. Let the buyer beware Q-7 Discuss about proposal form, policy contract and documentation of insurance.
C. Caution buyer D. None of these

Q-5 It is not the sellers duty to point out defects of his own goods. This concept is SECTION C (LONG ANSWERS)
also known as
A. Unfair Trade Practices B. Caveat Emptor Attempt any Three (03) Questions.
C. Buyer duty D. Buyer Kingdom Each question is of Ten (10) Marks.

Q-6 Warranty of Quiet Possession is an example of Q-1 Discuss about the condition for proper Acceptance.
A. Implied warranty B. Express condition Q-2 Discuss about implied conditions and implied warranties.
C. Express warranty D. Implied condition Q-3 Discuss about various types of partners.
Q-4 Discuss about insolvency laws for individuals and corporate.
Q-7 In a contract of sale, parties make certain _______ i.e., agree to certain terms. Q-5 Discuss mani provisions of the carriage by road act 2007.
A. Contract B. Agreement
C. Stipulations D. Promises