AIOU CODE 460 GUESS PAPER MERCANTILE LAW

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Aiou code 460 guess paper mercantile law is being presenting for you. Aiou code 460 guess paper mercantile law for B.com or Bachelor level students. This guess paper covers or have fourteen questions. You should learn these questions fully. We have given you important questions but don’t forget the preparation of book. The real syllabus is your book.

AIOU CODE 460 GUESS PAPER MERCANTILE LAW FOR BACHELOR LEVEL

Q 1: Different a contract of indemnity, also distinguish between a contract of indemnity and a contract of guarantee.

Q 2: What is a contract of sale of goods? Discuss the main characteristics of a contract of sale of goods.

Q 3: Define a promissory note. How does it differ from a bill of exchange?

Q 4: In the absence of partnership agreement, what are the rights and duties of the partners stated in the partnership Act 1932? Discuss.

Q 5: Define the terms Agent and principal, also describe the various kinds of Agents.

Q 6: Discuss “free consent” in detail under the provision of contract act 1872.

Q 7: Write a short note on the following:
1) Void Agreements 2) Void Contracts 3) Voidable Contracts 4) Illegal Agreement

AIOU CODE 460 GUESS PAPER MERCANTILE LAW or BUSINESS LAW

Q 8: Define the contract of agency and how a contract of agency can be created?

Q 9: Define the term “unpaid seller” And what are the right of unpaid seller against goods under of provision of sales of goods act1930.

Q 10: What is the definition of cheque and kinds of cheques and also distinguish between cheques and bill of exchange.

Q 11: Write a detail note on the rights and bill of exchange.

Q 12: Write a note on Memorandum of Association and Articles of Association and also explain the process of alteration of a company.

Q 13: What is a company? Differentiate a company form a partnership.

Q 14: An agreement enforceable by law is a contract. Discuss the definition and bring out bring out clearly the essentials of a valid contract.

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