EXAMINATIONS

FACULTY OF BUSINESS & MANAGEMENT

(MBA) (EXECUTIVE) SUPPLY CHAIN MANAGEMENT (YEAR-I) (SEM- I)
Business Law
Time: 2 Hours Max. Marks: 70
Note: 1-Attempt any seven questions. PAPER CODE: 105
2-All questions carry equal marks. (10X1)

Q.1: Define the Nature and Types of Contracts.

Q.2: Explain the Offer and Acceptance: The Proposal or Offer

Q.3: What is Consideration? Definition the Essentials of Valid Consideration

Q.4: Explain the:-

1. No Consideration

2. No Contract

Q.5: Explain the Performance of Joint Promises; Assignment of Contracts; Order of Performance of
Reciprocal Promises.

Q.6: Define the:-

1. Persons of Unsound Mind

2. Disqualified Persons

Q.7: Define the Contract of Sale of Goods: Definition and Essentials of a Contract of Sale.

Q.8: Describe the Negotiable Instruments: Promissory Note & bill of exchange.