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ADC B Law Mid 2024

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GOVT ASSOCIATE COLLEGE OF COMMERCE FOR (W)

GUJRAT
ADC-Part-II (Mid Term) Exams 2024
ADC-404: Business Law
Maximum Marks: 100 Time allowed: 3 Hours
Note: Question#1 is compulsory. Attempt four questions from the remaining.
All questions carry equal marks.
Q.1. Write a Short note on the following. (2x10=20)
i. Surety
ii. Void agreement
iii. Minor
iv. Contract
v. Warranty
vi. Offeree
vii. Insolvent
viii. What are the rights of an indemnity holder?
ix. Proposal
x. Negative condition.
Q.2. How does an agreement comes into existence? Are all agreements enforceable at law?(10)
Q.3. Distinguish between the contract of guaranty and contract of indemnity.(10)
Q.4. State and explain the circumstances under which a surety is discharged from his
liability.(10)
Q.5. Define coercion. Explain the essentials of coercion and its effect on a contract.(10)
Q.6. Define offer. Explain the essentials of a valid offer.(10)
Q.7. Explain the different kinds of a contract according to enforceability.(10)
Q.8. Differentiate between. Void agreement and Void contract.(10)
Q.9. Explain the circumstances under which the objects or considerations are unlawful.(10)

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