B.Com. Indian Contract Act Semester-3rd Previous Year Old Question Paper Jammu University, Under Graduation

B.Com. III Semester (CBCS) Examination

CBS-IIIs/4(R)

210101

COMMERCE

Indian Contract Act

Course No.: UBCTC-303

Time Allowed: 2½ Hours                                                      Maximum Marks: 80

SECTION - A

Note: Attempt all the questions. Each question carries 3 marks.       (5×3=15)
Answer to each question should be within 70-80 words.

1. Define coercion and undue influence.

2. Define consideration.

3. Who is Pawnor?

4. Briefly discuss the extent of agents authority.

5. Who is unpaid seller?

SECTION - B

Note: Attempt all the questions. Each question carries 7 marks.       (5×7=35)
Answer to each question should be within 250-300 words.

1. Explain the legal rules as to offers.

2. What is discharge of contract?

3. Discuss the rights of surety.

4. What are the requirements for becoming a Principal?

5. Explain the implied conditions and warranties.

SECTION - C

Note: Attempt any two questions. Each question carries 15 marks.       (2×15=30)
Answer to each question should be within 500-600 words.

1. Discuss the various kinds of contracts with appropriate examples.

2. Explain in detail the contract with minor and persons of unsound mind.

3. Describe the rights and duties of bailee.

4. Explain the creation of agency and termination of agency.

5. Differentiate between sale and agreement to sell. Also explain rights of an unpaid seller.