Question Papers
business laws-1
Previous year question paper with solutions for Business laws-1 from 2008 to 2014
Law of Contract: Definition and nature of a contract. Offer and Acceptance. Consideration,
free consent, and capacity of parties. Legality of Object. Performance and discharge of
contract. Remedies for breach of contract. Concept of Agency and various types of
mercantile agents.
Law of Partnership: Definition and nature of partnership, rights and duties of a partner.
Dissolution of a partnership.
Law of Sale of Goods: Definition of Sales, essentials for contract of sale. Meaning of
conditions and warranties. Implied warranties – Caveat Emptor. Transfer of Ownership.
Rights of Unpaid seller and other remedial measures.
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