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Business Law – Discuss the term ‘Continuing Guarantee’. How can it be revoked? b) State briefly the rights and obligations of a bailee. Q2. a) What do you understan

Discuss the term ‘Continuing Guarantee’. Business Law   Questions: Q1. a) Discuss the term ‘Continuing Guarantee’. How can it be revoked? b) State briefly the rights and obligations of a bailee. Q2. a) What do you understand by the term Implied ‘Authority of a partner’? b)  Enumerate the acts which are not covered under implied…
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Business Law The power of refusal to register a transfer is exercised with malafide intention and against the interest of the company A company cannot become a member

The power of refusal to register Business Law Multiple choices: Q1. A condition cannot be treated as warranty in the following circumstances and waiver is implied: a. Where the buyer waives a condition or elects to treat the breach of warranty. b. Where a contract of sale is not severable and the buyer has accepted…
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BUSINESS LAW-How are right of lien and stoppage-in-transit

How are right of lien and stoppage-in-transit affected by sub-sale or pledge by the buyer BUSINESS LAW How are right of lien and stoppage-in-transit affected by sub-sale or pledge by the buyer? Discuss the rule regarding duration of transit. When does it come of an end? Comment on the statement,” Delivery does not amount to…
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How are right of lien and stoppage-in-transit affected by sub-sale or pledge by the buyer

Business Law   How are right of lien and stoppage-in-transit affected by sub-sale or pledge by the buyer        Attempt any 10 Questions How are right of lien and stoppage-in-transit affected by sub-sale or pledge by the buyer? Discuss the rule regarding duration of transit. When does it come of an end? Comment on…
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ICMIND – Business Law Q1. (a) Discuss the term ‘Continuing Guarantee’. How can it be revoked? (b)State briefly the rights and obligations of a bailee. Q2. (a) What do you unders

Discuss the term ‘Continuing Guarantee’. How can it be revoked? Business Law Q1. (a) Discuss the term ‘Continuing Guarantee’. How can it be revoked? (b)State briefly the rights and obligations of a bailee. Q2. (a) What do you understand by the term Implied ‘Authority of a partner’? (b) Enumerate the acts, which are not covered…
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KSBM – Business Law – Discuss the common features of a promissory note, bill of exchange and cheque.- What is meant by maturity of an instrument?

Discuss the common features of Business Law Questions: Q1. a) What is a breach of contract? b) What do you understand by an anticipatory breach of contract? c) State the rights of the promise in case of anticipatory breach. Q2. a) State the effect of death, insanity and insolvency of the principal or agent on…
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KSBM – BUSINESS LAW – Who are the persons who are considered to be competent to contract. Why are the ‘actionable claims’ and ‘money’ been expressly excluded from the category of

Who are the persons BUSINESS LAW   Who are the persons who are considered to be competent to contract? Distinguish between the terms ‘void’ and ‘voidable’. Bring out the inherent distinctions clearly by citing suitable examples in each case. Define a contingent contract. Give suitable illustrative examples to clarify the points. Define a ‘Bill of Exchange’,…
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NMIMS – Business Law – a customer, had no knowledge about hot water bottles. He went to B a chemist,and demanded a hot water bottle from him . B gave a bottle to him and

a customer, had no knowledge Business Law Q1. A, a customer, had no knowledge about hot water bottles. He went to B a chemist,and demanded a hot water bottle from him . B gave a bottle to him and stated that it was meant for hot water. After a few days , while using the…
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NMIMS – Business Law – What is Breach of Contract? Describe the manner in which of breach of contracts occurs and the remedies available for addressing such breaches?

What is Breach of Contract Business Law   Q1. What is Breach of Contract? Describe the manner in which of breach of contracts occurs and the remedies available for addressing such breaches? Q2. A obtains 5 different loans from B in the following manner Month Amount Interest November 2014 20,000 20% December 2014 40,000 5%…
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NMIMS – Business Law-Amit contracts to deliver 20 bags of wheat at Rs 400 a bag on a future date to flour mill owner Rakesh. On the due date he refuses to deliver the same

Amit contracts to deliver 20 bags of wheat  Business Law   Questions: Q1. Amit contracts to deliver 20 bags of wheat at Rs 400 a bag on a future date to flour mill owner Rakesh. On the due date he refuses to deliver the same to Rakesh but instead delivers to Mahesh who is paying…
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NMIMS – Business Law-Explain Bailment by quoting an appropriate example and discuss the Essentials/Features of Bailment vis-à-vis the quoted example?Describe

Explain Bailment by quoting an appropriate Business Law Q1. Explain Bailment by quoting an appropriate example and discuss the Essentials/Features of Bailment vis-à-vis the quoted example? Q2. ‘X’ had visited a leading E-Commerce Website to purchase a Mobile Smartphone for Rs.35, 000/-. The steps of the transaction were as follows: i) X visits the E-Commerce…
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PSBM – Business Law – Transferee of a partner’s interest cannot exercise the right of transferring.-Right of stoppage in transit is an extension of the right

Transferee of a partner’s interest Business Law Questions: Q1. a) Discuss the term ‘Continuing Guarantee’. How can it be revoked? b) State briefly the rights and obligations of a bailee. Q2. a) What do you understand by the term Implied ‘Authority of a partner’? b)  Enumerate the acts which are not covered under implied authority.…
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