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Commercial Law

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Reg. No.

:___________________ Section B (5 x 5 = 25)


(Answer all the questions)
SANKARA COLLEGE OF SCIENCE AND COMMERCE 11. (a) What is law? What are its objectives? (OR)
SARAVANAMPATTY, COIMBATORE – 35
MODEL EXAMINATIONS – NOV 2020 (b) Discuss the essentials of valid contract.
DEPARTMENT OF COMMERCE 12. (a) Explain law relating to minor. (OR)
SUBJECT: COMMERCIAL LAW TIME : 3 HRS
CLASS : II B.COM A & B MARKS: 75 (b) Narrate the essentials of valid consideration.
13. (a) What is breach of contract .State its remedies. (OR)
Section –A (10*1=10)
(Answer all the questions) (b) Point out modes of performance of contract.
14. (a) Summarize the rights of surety. (OR)
1. If the agreement is induced by _________ there is absence of free consent.
(b) Explain the classification of bailment.
(a) Coercion (b) Undue influence (c) Fraud (d) all these
15 (a) Define sale. What are the essentials of sale? (OR)
2 .Indian contracts was enacted in
(b) State the rules regarding a sale by auction.
(a) 1862 (b) 1872 (c) 1932 (d) 1942
3. The offer made against original offer is called _________. Section - C (5 x 8 = 40)
(a) General offer (b) Specific offer (Answer all the questions)

(c) invitation to offer (d) cross offer 16. (a) What are the essentials of Valid Contract? (OR)
4. Consideration must be (b) Explain in detail the classification of contracts.
(a) Imaginary (b) adequate (c) real (d) past consideration 17. (a) Define fraud. What are the essential elements of fraud (OR)
5. Quid pro quo means (b) Who are persons disqualified by law .Explain the provisions /law
(a) Consideration (b) capacity of contract relating to them.
(c) Free Consent (d) none of these 18. (a) What is mean by Quasi contract. State the provisions relating to Quasi
6. Change in one or more of material term of a contract is called. Contract. (OR)
(a) Novation (b) alteration (c) rescission (d) Remission (b) Explain the rights and duties of an agent.
7. Damage which is awarded only for name sake is called _____. 19. (a) What are the rights and duties of Bailor ? (OR)
(a) Nominal damages (b) Special damage (c) Ordinary damage (b) What are the rights and duties of pawnor?
8. One who has been relieved from the liability of contract is 20. (a) In what ways Sale is different from Agreement to sell. (OR)
(a) Discharge of contract (b) Breach of contract (b) Explain the rights of an unpaid seller.
(c) Quasi contract (d) None
9. The person who guarantees debt of another
(a) Debtor (b) Creditor (c) Surety (d) Banker
10. Caveat Emptor means
(a) Buyer be aware (b) Seller be aware (c) Institution be aware

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