M.Com. DEGREE EXAMINATION, APRIL 2016
Third Semester
BUSINESS LEGISLATIONS
(2012 onwards)
Time 3 Hours Maximum 75 Marks
Part A 3 15)
Answer all questions.
All questions carry equal marks.
1. What is breach of contract?
2. What is bailment?
3. What is caveat emptor?
4. Who is an agent?
5. What is an extraordinary general meeting?
Part B 10 50)
Answer all questions choosing either or
6. Under what circumstances a contract said to be
induced by undue influence. Distinguish between
coercion and undue influence.
Or
State the difference between contract and quasi
contract.
Sub. Code
611303
RW-10907
2
Ws5
7. Explain when a surety is discharged from liability.
Or
Describe the rights and duties of bailee with
suitable examples.
8. Under what circumstances the rule of caveat
emptor is not applicable.
Or
Define the terms 'complaint' and 'complainant' as
used in the Consumer Protection Act, 1986 and
enumerate the essentials of a valid complaint.
9. Discuss the duties and liabilities of railway
administration as a carrier of animal and goods.
Or
Explain the duties, rights and liabilities of common
carriers under the Common Carriers Act 1865.
10. Describe the rules relating to removal of a director
of a company.
Or
What are the types of company meetings? Bring out
the essentials of valid meeting.
Part C 10 10)
Compulsory.
11. guarantees payment to a tea-dealer to the amount
of Rs. 25,000 for any tea he may from time to time supply
to B supplies C with tea to the above value of
Rs. 25,000 and C pays for it. Afterwards, B supplies C
with the tea to the value of Rs. 50,000. C fails to pay. Is A
liable to pay any amount to Explain your answer.