DPG DEGREE COLLEGE, GURUGRAM

Department of Management
B.Com Sem-IV

Subject Name : Business Law

Subject Code: BBAN404

Question Bank
2022-23

Q. Questions
No.

1 Define following terms:-

1. Essentials of a valid contract
2. various kinds of contracts
3. consideration
4. consent & free consent
5. quasi contracts
6. Differentiate between agreement & contract
7. Contract of guarantee
8. contract of Agency
9. Conditions of warrantee
10.Essentials of Contract of sale
11.Rights of Unpaid seller
12.Performance of Contract
13.Elements of Negotiable instrument
14.RTI act
15.Information technology act

2 “All contracts are agreements, but all agreements are not contracts”.
Why?
3 Explain the meaning and essentials of contract of pledge. How it is
different from contract of bailment?
4 What is the difference between a void contract an" voidable contract?
5 Explain coersion, fraud & misrepresentation.
6 What is breach of contracts? Explain the remedies available for breach
of contracts.
7 Explain the scope & definition of sale of goods act, 1930.
Also explain the general principles of a contract of sale.
8 Explain the rights of an Unpaid seller as per Sale of Goods Act.

9 Define Corporate Governance. What is the difference between

accountability and responsibility
10 Explain the rights and duties of bailer & a bailee.
11 Explain the rights and duties of agent & Principal.
12 Describe Negotiable Instruments & its types.What is dishonor of
Negotiable Instruments ?
13 What do you mean by Consideration? Discuss essential elements of
consideration. What are the exceptions of law ‘no consideration no
contract’.
14 Discuss in detail the remedies available to aggrieved party in case of
breach of contract.
15 Define Bailment. Discuss the rights & responsibilities of a bailer and a
bailey.
16 Distinguish between a contract of guarantee and a contract indemnity.
What are the rights of the surety?
17 What do you mean by Agency? Discuss how can an agency be created.
18 Who is an unpaid seller? Explain the rights of an unpaid seller.
19 What is meant by crossing of a cheque? Who can cross a cheque?
Discuss different kinds of crossing of cheque.
20 What are the objectives of ‘Right to Information’? Explain the features
of Right to Information Act, 2005.