Unique Paper Code BLP21OC
Revised 0 of 6

Business LawsMay–June 2021 (old course)

B.Com (Programme) · 6 questions

Duration: 3.8 HoursMaximum Marks: 112.5

From an older CBCS paper

Reworded by Kunji from the printed paper. The original paper belongs to the University of Delhi. See DU's question bank.

Before you start

  1. Pace. Two minutes a mark: about 38 minutes for each 18.75-mark question, with nothing spare in 3.8 hours. Move on when the time is up.
  2. Keep score. Every part opens a worked answer checked against the books. Turn the key when you have revised it; the boxes at the top fill in, on this device.

1.

18.75 marks
· ~38 min
Mental acceptance not evidenced by words or conduct is no acceptanceQ.1. “In the eyes of law, a mere mental acceptance, not evidenced, by words or conduct is no acceptance.” Explain by giving examples.(18.75)

2.

18.75 marks
· ~38 min
Bailee's particular lien and the general lien of bankers and factorsQ.2. Explain the nature of the particular lien of a bailee. In what way does it differ from the general lien of bankers and factors?(18.75)

3.

18.75 marks
· ~38 min
Duties of the seller and the buyer under a contract of saleQ.3. “It is the seller's duty to deliver the goods, and the buyer's to accept them and pay for them, as the terms of the agreement provide.” Elucidate.(18.75)

4.

18.75 marks
· ~38 min
The Statement of Account and Solvency of an LLPQ.4. “Of the disclosures a Limited Liability Partnership makes annually, the statement of account and solvency is among the most important.” Comment on the statement.(18.75)

5.

18.75 marks
· ~38 min
Winding up and dissolution of an LLP; winding up by the TribunalQ.5.Distinguish between the winding up and the dissolution of a LLP. State the circumstances in which the tribunal can wind up an LLP.(18.75)

6.

18.75 marks
· ~38 min
Powers and duties of a Certifying AuthorityQ.6. Under the Indian IT act 2000, Discuss the powers and duties of a “Certifying authority”.(18.75)

— End of the paper —