Description
TUTOR MARKED ASSIGNMENT
COURSE CODE : BCOC-133
COURSE TITLE : BUSINESS LAW
ASSIGNMENT CODE :BCOC-133/TMA/2026
Valid from 1st January 2026 to 31st December 2026
ALL BLOCKS Note: Attempt all the questions.
Section – A
1.Who is competent to contract? State the position of contracts with a minor.
2) What is the doctrine of “Caveat Emptor”? What are the exceptions to this doctrine?
3.State the respective rights and responsibilities of pledger and pledgee.
4.Distinguish between Partnership and Joint Hindu Family.
5.Compare and contrast a bill with a hundi. Briefly describe the various kinds of hundies.
Section – B
6.Who is holder in due course? Explain his privileges.
7.Discuss the law regarding wagering agreements under the Indian Contract Act.
8.“Between a-sureties there is equality of the burden and the benefit”. Elucidate.
9.What is meant by reservation of the right of disposal in a contract of sale of goods?
10.Write short notes on the following:
a) Cross offer
b) Contingent Goods
c) Quasi Contracts
Section – C
11..Explain the meaning of ‘Novation’. How novation is different from rescission?
12.Under what circumstances the court can order dissolution of the firm on a suit by a partner?
13.“A stranger to contract cannot sue, but a stranger to consideration can sue”. Do you agree?
14.Distinguish between void and voidable contracts.



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