LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP
THIRD SEMESTER – April 2009
IR 04
BC 3500 / CR 3500 - MERCANTILE LAW
Date & Time: 05/05/2009 / 9:00 - 12:00 Dept. No.
Max. : 100 Marks
SECTION – A
Answer ALL questions.
(10 x 2 = 20)
1. Define the term ‘offer’.
2. What is Contingent Contract?
3. What is Free consent?
4. Explain capacity to contract.
5. Define the contract of insurance.
6. Who is a common carrier?
7. What is meant by private carrier?
8. Explain the term performance of contract.
9. Who is an agent?
10. Who is an unpaid seller?
SECTION - B
Answer any FIVE questions only.
(5 x 8 = 40)
11. Explain the legal provisions relating to a valid offer.
12. What are the legal rules regarding consideration?
13. Describe the various modes by which a contract can be discharged.
14. What are the different kings of marine insurance policies?
15. State the duties of a common carrier.
16. Explain different kinds of agent.
17. Can non-owners effect sales? if so explain.
18. What are the main objects of Central Sales Tax Act?
SECTION – C
Answer any TWO questions only.
(2 x 20 = 40)
19. Describe the essentials of a valid contract.
20. Explain the ways by which an agency can be terminated.
21. What are the rights and duties of buyer under the sale of goods Act?
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