WS19

NOVEMBER 2014 77357/PMD2G

Time : Three hours Maximum : 75 marks

PART A — (10  1 = 10 marks)
Write short notes on any TEN questions.

1. Offer.

2. Void Contract.

3. Balient.

4. Cheques.

5. Joint Family Business.

6. Prospectus.

7. Liabilities of Partners.

8. Public Company.

9. Memorandum of Association.

10. Family Pension.

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11. Copyright Order.

12. Design Act.

PART B — (5  5 = 25 marks)

Answer any FIVE questions.

13. How the performance of reciprocal promises be

carried out in the Law of contracts.

14. Distinguish between sale and agreement to sell.

15. What are the Characteristics of Promissory Notes?

16. Explain the provision relating to voluntary

winding up of a company.

17. Elucidate the various kinds of debentures that can

be issued under the companies Act, 1956.

18. Whether the employee would be compelled to

deposit the gratuity, if you agree or not. Justify.

19. Give a detailed note on various types of

intellectual property.

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PART C — (4  10 = 40 marks)

Answer question No.20 Compulsory and any THREE

question from No. 21 to 24.

20. The directors of a company issued a prospectus

inviting subscriptions for debentures. They stated
in the prospectus that the objects of issue of
debentures were to complete alterations in the
buildings of the company and to purchase houses
and vans to expand the trade of the company.
Later, it was found that the real object of the loan
was to enable the directors to pay-off the pressing
liabilities. The plaintiff took debentures relying
upon the statement in the prospectus, which was
material to the contract. Can he now sue the
directors for remedy?

21. Explain the different modes of discharge of

contracts under the law of contracts.

22. Describe the Rights of an unpaid seller under the

Sale of Goods Act.

23. Discuss the important provisions of Factories Act

about Hazardous Process.

24. Explain the power of ESI Corporation to promote

health measures of insured.

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