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    New Doc 11-29-2023 19.43

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    New Doc 11-29-2023 19.43

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    RishavRanjan
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    New Doc 11-29-2023 19.43

    Uploaded by

    RishavRanjan

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    © All Rights Reserved
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    15/CBLIM-2023-10 Student’s Copy 2023 COMMERCIAL LAW varforsa fatty Time Allowed ; 3 Hows | [Maximum Marks : 150 wa 3m tpi : 150 Marks are indicated against each question weds We oiee oi F Re me ® Answer six qui ves weg Q an ns, taking a least one from each Group EE GA ee Het: EL A ae Group—A Wey ( Sale of Goods Act ) (ra -Rawa after ) L. (@) ine ‘a contract of sale’ of goods and discuss its essential elements. Make a ‘ distinetion between ‘sale’ and ‘agreement to sell 1045-15, wT “me oA ifaar =A ufone dif wel sem straza ae an ata AE ‘Rama’ ud ‘Rema wal wi ae sea aaTgU (b) (i) X visited Y's garment shop and saw a placard stating “Buy one get one free". X bought a Tshirt for € 500 and got another T-shirt for free. Whether the transaction is a sale or a gift? Give reasons. 5 XAY & aug A gar A ww aah We Bree Reren an “ww wae skew aye Aad") X93 & 5009 ew Aad ahd 3k gad Dad ya Hs A we ae Sea PGA 8 at SaEN? HAL AATEC) (ii) X contracted with ¥ (cloth merchant) for supply of cloth for packaging. Y supplied ‘Hessian Cloth’ (normally used for packing purposes). * X found it unfit for his purpose (packaging foodstuffs) due to the smell inherent in the nature of cloth. Determine the liability of Y. 5 X AY (Fugt sara) ARES a fare ae’ A smell Re oTE Fem YA Rr aia (rma oe Aim 3 fq seen Peat stan 8) AL omy BN ae AL sepAa A Pi BS asp y 9 ga md sem (TE eT Sef) & fer oT MY a area Pra ACL Ao (Turn Over ) @ scanned with OKEN Scanner ‘goods’. Disti 2. (a) Define the term ‘good: NGuish between. specif ined BaINS State the rules regarding ascertainment of eens on unascertain - 5+5+5=15 ‘amet! ai efone ife! PAPE ei aU = se, eA A eae ree Roma oh aifrer A aerator 8 eae Pail a age AP (6) A sells to B a scooter for a sum of & 8,000. B p. ays the whole price exc @ 1,000 which he promises 0 Pay within five days, A holds the tesseeren cover the scooter until the rest of money is paid. But before the expiry of the stipulated time, B becomes insolvent. A resells the scooter to C for © 8.500 without giving notice to B. B claims from A % 500, ie., profit on resale. IsA liable? Decide 10 A, Bl GH Rex 8,000 Hi Aaa 21 B & 1,000 a argax ht tra ar wera aren 8, faa se ote Ret &H afta TA A a are Para 21 A, ar 8 qa Te RR Hem aa Tae 8) Ah Pulita aaa aA anf & weet B Rearfeen Baim 21 A, Ba afte fen far Het IC BI F 8,500 H aaa Fa Bat A BRA 500 a aan fen, Arh garg aad ge gare gar A Srerh RB? 7a A Group—B wea ( Negotiable Instruments Act ) (anna fore orfirfaan ) 3. fa) Define ‘negotiable instrument’. Explain the law relating to the dishonour of cheque for insufficiency of funds in account with the help of decided cases and relevant statutory provisions. 5+10=15 “urgeren ferere h afenfira aC eee TUTE SA are Aeneas srr rere ara Hear vt fer, es oA srethpha AB efe ares wT ETCH (b) Define ‘promissory note’ and ‘bill of exchange’, and make 2 distinction between them. 10 ‘aera aan “fafra—va’ a ofontte aAfire vd Sr Aer ora A ave AAC 4. (a) Define the term ‘endorsement’. What are the essentials for a valid endorse- Ct ment? Explain various classes of endorsement. 5+5+5=15 “ge fe ney nr gaara 3 re een az Ba fatter Afri a exe APE) (b) Examine various modes of discharge from liability on negotiable instruments. 10 gaara fora oe ears B afte & fara ahah ar fern fac ( Continued } 1S/CBLIM~2023-10/10 (2) Et @ scanned with OKEN Scanner Group—C we (Company Law ) ( saort Far) 5. (a) Analyze the concept of lifting of the corporate veil with the help of statutory provisions and case laws. 15 Aunts wraurdi ite Polia are At ag A aide ve a ee Al sraUOT oT fae Afr) {b) Discuss the duties and liabilities of a promoter. 10 vate & adel a aired A fren Afi) 6. (a) Define ‘share’, State different kinds of shares which a company may issue. What isa share warrant? 5+5+5=15 ‘sia’ ah ofonta Atte fafa wan sia wr sa Fifi, st ew deh sd wt aad 1 Tee ake FTA? (b) Discuss the law relating to the removal of Director of a company. 10 wert & Peas A eel a aah fatty ar ahs

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