ro ewer th HTM Your Roll } Sr. No. of Question Paper: 205 Unique Paper Code : 2412081102 Name of the Paper : Busines Laws*, j th SHriVaStaVanc — ncom ahparth Shrive Semester : I — March 2023 UGCF Mode Duration : 3 Hours Maximum Marks : 90 Instructions for Candidates | 1. Write sgur Rol N top i i on receipt ™| . of mOalth, Sarva Brava 2. Answers may be written either in English or Hindi; but the same medium should be used throughout the paper. wri a fom fata th Shrivastava #rt # ax tee ay Feta sare fafeae | oi aca(i) Presence of consideration is required, adequacy of consideration is not required, (Gi) Transactions collateral to illegal agreements t are not always illegal. (12) (©) A minor takes « toan of 50000 at 10% interest, attaining majority, he makes a fresh Promise 10 pay the loan taken during minority. Is 4 Promise enforceable by the lender is (6) (OR) va st AW Siiicany comment on the fee a rt h (i) Stranger to Consideration can sue Provided he is party to contract, () Unilateral mista ke does not affect a contract, Gil) Mere Mental ass, acceptance, () Ramesh soid his fit! Jewellery business in London to Jhon. Ramesh Promised not to do any business pup to E ; NF Bbry s in London, Can Jhon prevent him from doing this? ent does not amount to (12) (6) iveesta ya” Shrivas parties. (b) Differentiate between indemnity i j lying on the © ‘Anish finds jewellery lying office. What is Anish’s position? Ex; and duties. (oR) i ; ie SRR (a) “Liability of Surety is covenant with that the Principal Debtor”, Comment. M Ghtacscgeth to prior authorit; : Discuss. (c) Differentiate between Bailment and Pledge: ‘we wale x as to quality and fitness of goods for ee ”. nt, \ purpose”. Commer seller | i lable to buyer if the rf What remedies are avail 2 co i delldord the wrong quantity or wrong quality v -“Parth Shrivastav Se . sells a TV to B for ; Rs os oa ae but TV is 7 fo bp Sa na take A sells the sam : <0 y cote now take back the TV from C, © | <4VaStaVAinirca Liability Pear akin wn rivastaVa ‘t any jension of ‘ ment. 7 (6) (b) Discuss the rules for transfer of ownership in ascertained goods. (6) (ce) Amar orders 500 tins of fruit Juice packed in | ‘sscuss the rules relating to ch cases containing 20 tins per case. The juice was oath of contact vial delivered to Amar but it was packed in cases Le containing 10 tins per case, though Juice was of ; the same quality. Can A reject the goods? (6) (b) Differentiat (c) Discuss the traditional Pal consequences can Pr Frater Ter we advantages of both Traditional Partnership and Company. Discuss. (6) M (b) Discuss the procedure for changing the registered office of LLP. (6) (c) How is an LLP incorporated? Discuss (6) (OR) (a) Discuss the steps to be followed in formation of LLP onli Papth Shrivastava... being Designated Partner of LLP. What role does Designated partner play in LLP? (6) (c) Write a note on choosing and changing name of LLP. (6)