Description
TUTOR MARKED ASSIGNMENT
COURSE CODE : BCOC-133
COURSE TITLE : BUSINESS LAW
ASSIGNMENT CODE : BCOC-133/TMA/2023-24
COVERAGE : ALL BLOCKS
Maximum Marks: 100
Note: Attempt all the questions.
Section – A
1) Explain briefly the law relating to communication of offer, acceptance and revocation. Is
there limit of time after which an offer cannot be revoked?
(10)
2) Distinguish between :
a) Coercion and undue influence
b) Fraud and Misrepresentation
(10)
3) “Insufficiency of consideration is immaterial, but a valid contract must be supported by
lawful and real consideration”. Comment.
(10)
4) Enumerate the different types of partners and briefly explain the extent of their liabilities. (10)
5) “No seller of goods and give to the buyer a better title than he himself has”. Explain this
rule. Are there any exceptions to this rule?
(10)
Section – B
6) Define the term “Proposal”. Discuss the essentials of a valid offer. (6)
7) Define mistake and explain various types of mistakes. (6)
8) Describe the rights and liabilities of partners on dissolution of a firm. (6)
9) Distinguish between the right of lien and stoppage-in-transit. (6)
10) What is meant by pledge? Describe its essential features. (6)
Section – C
11) Define an unpaid seller. What are his rights? (5)
12) “An agreement in restraint of trade is void”. Examine this statement mentioning
exceptions, if any.
(5)
13) Who can’t be a partner of a Limited Liability Partnership. (5)
14) Explain the essentials of valid contract of sale.
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