Punjab College Sambrial

Subject: Business Law

Section: G7& B7 (Part2)

Name ______________________ Time Allowed: 3 Hours

Roll No. _____________________ Total Marks: 100

Attempt any FIVE questions. All questions carry equal marks.

Q.1: “All contracts are agreement but all agreements are not a contract” Discuss the statement.
Q.2: What do you understand by Capacity to Contract? Explain the effect of an agreement made by a
minor.
Q.3: What is a Contract of Agreement? Explain the various modes by which an agency may be
created.
Q.6: Explain the difference among a Promissory note, a bill of exchange and a cheque.
Q.7: Who is an unpaid seller? What are the rights of an unpaid seller against goods and buyer?
Q.8: What is contract of sale? Explain difference between sale and agreement to sell.
Q.5: Define common carrier. Discuss rights and duties of a common carrier.
Q.8: What are the powers and functions of National Industrial Relation Commission?

2nd Simulation Examination, May 2013 1