B.B.S(4 year third year/MGMT time:3 hours:
Business Law [MGT-204]
Candidates are requested to give their answer in their own words as far as practicable.The figures in the margin indicates full marks
Group “A” [2*10=20]
Brief answer questions.
1 What is procedural law?
2 What is precedent?
3 When is an offer treated as accepted?
4 Who is an alien enemy?
5 Why minors are incapable?
6 Mention any two importance of free consent?
7 Define the term quantum meruit ?
8 What is an actual performance?
9 State any two features of arbitration .
10 State any two situation of legality of object.
Descriptive Answer Question [5*10=50]
Attempt any Five question
11 State and explain the characteristics of Nepalese business.
12 What is acceptance? Explain the rules regarding acceptance.
13 What is contract of agency? Explain the modes of creating agency.
14 Explain the rights and duties of unpaid seller.
15 What is negotiable instruments? Explain the features of negotiable instrument.
16 Define arbitration .Explain what may be referred to arbitration.
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Analytical Answer Question [2*15=30]
Attempt any Two questions.
17 What is pledge ? Discuss the cases with examples where owner can make valid pledge.
18 Define the contract of guarantee.When is the surety discharged from his liability ? Discuss with examples.
19 What are the features of insolvency Act 2002? Discuss the procedures of insolvency of company.