(7) +3 - I- S - CBCS - (MS) - Commerce - (Hons/Pass) - Core - 2/DSC - II - Business Law - (R&B) 2021 Full Marks - 80 Time - As in the Programme The figure in the right-hand margin indicates marks. Answer as per instruction in each question. Part - I 1. Answer any TEN of the following questions in two to three sentences each : [2.5×10 = 25 (a) Define "Proposal". (b) What is "Minor's liability for Tort ? (c) Give an example of "How is a contract discharged by breach". (d) What is invalid guarentee ? (e) What is "Quasi Contract" ? (f) What is Symbolic and Constructive delivery ? (g) What is "Title by estoppel" ? (h) What is the provision of "Right to retire" in partnership ? (i) What do you mean by "Drawee in case of need" as per the Negotiable Instrument Act ? (j) What is the role of "National Commission" as per the Consumer Protection Act ? (k) Give one of the features of the Consumer Protection Act. Part - II 2. Answer any FIVE of the following questions within 50 words each : [5×5=25 (a) What is "Cross Offer" ? (b) What is "Mistake of Fact" ? (c) What are the rights of the surety against the principal debtor as per the contracts of Indemnity and Guarentee ? (d) What is "Contingent Contract" ? (e) What is "appropriation of goods" ? (f) What are the two modes of effecting stoppage of the delivery of the goods to the buyer which are in the course of transmission ? [Cont... (8) (g) Who is a dormant partner ? (h) What is the power of a partner in emergency ? (i) What is "at sight" and "after sight" in a Promissory note ? (j) What is the objective of the Central Council as per the Consumer Protection Act ? Part - III Answer any THREE the following questions within 300 words each : [10×3=30 3. When is a contract said to be induced by influence and what are the effects in the formation of a contract ? OR What is meant by agreement in retraint of trade and what are the exceptions to this ? 4. Distinguish between "Condition" and "Warranty". Discuss the situations when conditions and warranties are implied in a Contract of sale. OR Discuss the rules relating to passing of property in the sale of goods. 5. What are the modes of discharge of liability of parties to a negotiable instrument ? OR What are the rules regarding negotiation of a lost instrument, on instrument obtained for an unlawful consideration, and an overdue instrument ? 6. When is the registration of a partnership firm deemed to be complete under the Indian Partnership Act. 1932, and what are the consequences when a partnership firm is not Megistered ? OR What are the circumstances under which a person may be held liable for the acts of a firm, without being its partner ? +3 - I- S - CBCS - (MS) - Commerce - (Hons/Pass) - Core - 2/DSC - II - Business Law - (R&B) ( 2 )