LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034
B.Com. DEGREE EXAMINATION – COMMERCE
FOURTH SEMESTER – APRIL 2008
CO 4501 - BUSINESS LAW - II
Date : 29/04/2008
Time : 9:00 - 12:00
Dept. No.
SECTION – A
Answer all Questions
RO 16
Max. : 100 Marks
10 x 2 = 20
1. What are the three types of delivery of goods?
2. Who is an unpaid seller?
3. Bring out the basic differences between life insurance and general insurance
4. What do you mean by Dcotrine Caveat Emptor
5. What are the basic evidences for interstate sale?
6. Distinguish between common, private and gratuitous carriers.
7. What is Causa Proxima?
8. Distinguish between advalorum and specific duty
9. What are auction auction Sales?
10. What are the different types of sales tax?
SECTION- B
Answer any five
5 x 8 = 40
11. State the differences between condition and warranty.
12. What are the grounds under which a common carrier is exempted from liability
13. Distinguish between Bill of lading and Charter Party Agreement
14. State the rights of an Unpaid seller against the buyer
15. Distinguish between a) Basic Excise duty, b) Cess, c) Additional duty of excise,
d) Special surcharge on basic goods
16. How is a whole life policy different from endowment policy? Mention any four types of life
policies?
17. What are the basic differences between Central and State sales tax?
18. Under what conditions exemptions are granted from sales tax and excise duty
SECTION – C
2 x 20 = 40
Answer any two
19) Explain and enumerate the implied conditions and warranties stated under
“SALE OF GOODS” acts?
20) Bring out the basic principles of contract of insurance.
21) Bring out the rights, duties and liabilities of a common carrier
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