DISTANCE EDUCATION
MBA DEGREE EXAMINATION, MAY 2018.
Third Semester
BUSINESS LAWS
(Upto 2012 13 Academic Year and
2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — x 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Explain the essential elements of a valid Contract.
2. Distinguish between bailment and pledge.
3. Briefly explain the rights of an unpaid seller.
4. What are the conditions implied in a contract for carriage
of goods by sea?
5. Discuss the various types of life Insurance Policies.
6. What are considered as material alterations, under the
negotiable instruments act?
7. How the registration of partnership firms effected?
8. What is memorandum of association? State its contents.
Sub. Code
35
DE-4242
2
WK 16
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Discuss the Various modes of discharge of contract.
10. Discuss the circumstances in which a surety is discharged
from liability insurance.
11. Describe the different modes of creation of agency.
12. Bring out the fundamental Principles of fire assurance,
after defining marine insurance.
13. Define a contract of marine insurance. What are the
essential features of such a contract?
14. Discuss the Various modes of dissolution of a firm.
15. Enumerate the various kinds of companies.