PUSHPALAL MEMORIAL COLLEGE

Chabahil, Kathmandu F. M. : 100

Some importance questions -2077 P. M. : 40
Time: 3 hrs.
BBS /4 year Prog. / III MGMT Business Law (MGMT-204)
"Candidates are requested to give their answer in their own words as for as practicable."

Group "A" (Brief Answer Questions) (10x2=20)

1. Define the business law. 37. Mention the types of goods
2. Define Law. 38. What is arbitration?
3. What is nature of law 39. What is warranty?
4. What are the source of law 40. Define the carriage of goods.
5. What is substantive law? 41. Define private carriage.
6. What are the source of law? 42. Define the public carriage.
7. Define precedent. 43. What is bill of landing?
8. What is legislation 44. What is charter party?
9. What is procedural Law? 45. Who is master of Ship?
10. Define the importance of business law. 46. What is arbitrator?
11. What is consent? 47. Who is an arbitrator?
12. Define undue influence. 48. State the importance of arbitrator.
13. What is misrepresentation? 49. What are the features of company
14. What is fraud? 50. Define the term of 'company'
15. Define performance of contract 51. Define the insolvency.
16. Define the terms of 'consideration'. 52. Who is the director of company?
17. Define terms of 'acceptations'. 53. What is minute?
18. Define assignment of contract. 54. Who is liquidator?
19. Define the termination of contract. 55. Define negotiable instrument.
20. Define contingent contract. 56. Define cheque.
21. Define breach of contract. 57. Who is holder?
22. Define quasi contract. 58. What is promissory note?
23. Define the term 'bailment' 59. What is bill of exchange?
24. What are the basic features of 60. Give the types of negotiable
bailment? instrument.
25. Define 'pledge' 61. When is an offer treated as accepted?
26. Who is finder of lost goods? 62. Who is alien enemy?
27. Who is bailee? 63. Why is minor are incapable?
28. Who is bailer? 64. What is minor?
29. Define contract of agency. 65. Mention any two importance of free
30. What is quasi contract? consent?
31. What is agency? 66. Define the term 'quantum meruit'
32. Name the types of agent. 67. What is an actual performance?
33. Who is an unpaid seller? 68. State any two situation of legality of
34. Who is sub agent object.
35. Define the term of goods. 69. Mention any two feature of arbitration.
36. Define the contract of sell and goods. 70. Define the law.
 71. What is substantive law? 77. State any two situations of legality of
72. What is consideration? object.
73. When communication of offer completes? 78. Give two differences between a contingent
74. State four legal effects of agreements with contract and a wagering agreement.
minor. 79. State the requisites of a valid tender to
75. Why minors are incapable? perform.
76. Give three differences between coercion 80. What is arbitration?
and undue influence.
Group "B" (Descriptive Answer Questions) (5x10=50)
1. What is meant of bailment? What are the essential things of valid bailment?
2. Define the agency and principal. Explain the rights and duties of agency.
3. Define the term 'common carrier'. Distinguish between common carrier and private carrier.
4. Describe the procedural relating to the incorporation of company in details under the company act
2063.
5. What is negotiable instrument? Explain its types in details.
6. Highlight on the meaning of agency & explain the duties of agency.
7. Define law and explain its characteristics.
8. Who is the finder of lost goods? Explain the rights and duties of a finder.
9. What is a sub-agent? Distinguish it from a substitute agent.
10. Explain the rules regarding the performance of contract of sale of goods.
11. Define promissory notes and distinguish it from bill of exchange.
12. What is a contract of guarantee? Explain the types of guarantee.
13. Define arbitration. Explain what may be referred to arbitration.
14. What is negotiable instrument? Explain the features of a negotiable instrument.
15. Explain the right and duties of unpaid seller.
16. What is contract of agency? Explain the modes of creating agency.
17. What is acceptance? Explain the rules regarding acceptance.
18. State and explain the characteristics of Nepalese business law.
19. Discuss the essentials of a bill of exchange.
20. Show distinctions between promissory notes and bill of exchange.
21. What is annual general meeting? Explain the purpose and procedure of AGM of a company.
22. Explain the rights and power of auditors under the company act 2063.
23. What is dissolution and deregistration of a company? Explain.
24. What are the major provisions of Nepal Madhyasthata Ain?
25. What is arbitrator? What ate the power and duties of arbitrator?
26. Explain the right and duties of common carrier.
27. What are the main documents relating to carriage by air? Explain
28. Show distinctions between the charter party and bill of landing.
29. Explain the importance of carriage in business.
30. Distinguish between conditions and warranties in a contract of sale of goods.
31. Distinguish between 'sale & 'Agreement to sell'
32. Highlight the meaning of agency & explain the duty of agent.
33. Define the contract of agency. Distinguish between agent & Sub-agent.
34. Describe the procedural of registration and non-registration of agency in Nepal.
35. Give the meaning of agency and describe the situation where a contract of a agency is termination.
36. Who is a finder of lost goods? Briefly explain the right and duties of the finder of goods.
 37. Define the contract of guarantee. Show the differences between a contract of indemnity and contract
of guarantee.
38. Distinguish between contract of guarantee and contract of indemnity.
39. What is contract of indemnity? Describe the right and duties of indemnifier and indemnity holder.
40. What is indirect contract? Describe its cases with suitable illustration.
41. What is quarturn meruit ? Describe the rules relating doctrine of quarturn meruit.
42. Give the concept of quasi contract and distinguish it with contingent contract.
43. What is mean by the termination of contract? Describe the various modes of termination of contract.
44. What is assignment of contract? Discuss the rules regarding assignment of contract.
45. What do you mean by the legality of object and consideration? Discuss about void agreement with
reference to the national civil code 2074
46. Point out the meaning of consideration lawful object in a law of contract
47.

Group "C" (Comprehensive Answer questions) (2x15=30)

1. "All agreement are contract but all contract are not agreement" are you agree with this statement?
Distinguish between contract & agreement.
2. Define the contract of guarantee. When is the surety discharge from his liability? Discuss with example.
3. What are the features of insolvency Act 2063? Discuss the Procedural of insolvency of company with
example.
4. Define consideration and explain its types. Discuss the rules regarding consideration.
5. What is contractual capacity? Discuss the circumstances in which incapable persons are liable
6. Who is arbitrator? What are the rights and duties of an arbitrator? How an award given by an arbitrator
can be made void? Discuss.
7. What is pledge? Discuss the cases with example where a non-owner can make a valid pledge.
8. What is negotiable instrument? Explain its types in details.
9. What is promissory note? How do negotiable instrument get discharge?
10. Define the meaning of company. Explain the legal formalities to be fulfiller for an annual general
meeting of company.
11. Describe the procedures relating to the incorporation of company in detail under the company Act
203.
12. Who is liquidators? Discuss the power and duties of liquidators.
13. The process of arbitration has been an inbuilt company of business law. In the light of his statement
define arbitration and discuss the party who can refer disputes to arbitration.
14. What is charter party? What matter are dealt with by the clauses of Charter party? Distinguish it from
the bill of landing.
15. Define the delivery. Discuss the rules regarding delivery under the contract of sale of goods.
16. 'No one can give what one has not' How does this principle apply in the case of sale of goods? Discuss.
17. 'Any lawful contract creates legal relationship and thereupon right and duties between the contracting
parties.' In view of given statement, discuss the right and duties of bailee and bailer under the contract
of bailment.
18. What is breach of contract? Discuss the various remedies available to party when contract is broken
19. Give the concept of quasi contract and distinguish it with contingent contract.
20. Point out the various modes in which a contract may be discharged and discuss the case of
impossibility of performance as a mode that discharges the contract.
21.
End