ATMIYA INSTITUTE OF TECHNOLOGY AND SCIENCE,

RAJKOT
MODEL QUESTION PAPER -2
(Module 2, 3, 4)
Subject Name: LAB
I -MBA IV

Total Marks: 70

Q.1 (A) Who is a holder in due course? What are his rights? (07)
(B) Explain who is unpaid seller. State his rights (07)

Q.2 (A) Explain the scope of different consumer dispute redressal agencies. (07)
(B) What is negotiable instrument? Describe the different types of negotiable instruments in brief.
OR (07)
(B) Define partnership; discuss various types of partnership and its registration process. (07)
Q.3 (A ) Discuss rights and duties of partners in detail. (07)
(B) Discuss various categories of negotiable instruments in detail. (07)
OR
Q.3 (A) Discuss various consumer protection councils in detail. (07)
(B) Define condition and warranty, differentiate it and discuss rules regarding implied condition.
(07)
Q.4 (A) Discuss various types of partners in detail. (07)
(B) Define contract of sale, agreement to sale, discuss essentials of valid sales. (07)
OR
Q.4 (A) Discuss rights and duties of partners at the time of dissolution of partnership firm. (07)
(B) Discuss juridiction process of admission of complain as per consumer protection act 1986. (07)

Q.5 (A) Define the following terms: (1) Consumer (2) Negotiation (3) Appropriate laboratory (4) Defect
(5) FOB (6) Hire purchase (07) Service (07)
(B) (i) Define unfair trade practices; discuss various unfair trade practices in brief. (03)
(ii) “Risk passes with property” – Explain the statement (04)
OR
Q.5 (A) Discuss rights of consumer as per section 6 of consumer protection act 1986. (07)

(B) Differentiate bills of exchange and promissory notes. (07)