BCOC-133 · December 2024 · English
IGNOU BCOC-133 December 2024 Previous Year Question Paper
Business Law
Structured previous year question paper for BCOC-133, December 2024 session.
Max marks: 100 · Questions: 9
Verified: 29 Jul 2026
BACHELOR IN COMMERCE
(GENERAL)
(BCOMG)
Term-End Examination
December, 2024
BCOC-133 : BUSINESS LAW
Time : 3 Hours Maximum Marks : 100
Note :
(i) Answer any five questions.
(ii) All questions carry equal marks.
Q1.What is a contract ? What are the essentials of a valid contract ?
Q2.(a) What are necessaries ? When is a minor liable on a contract for necessaries? 5+5
(b) Explain the legal position of agreement made with a minor.
Q3.In what cases a contract without consideration is not valid ? Under what circumstances is the object or consideration of a contract deemed unlawful ? Support your answer with examples.
Q4.(a) Distinguish between contract of indemnity and contract of guarantee. 8
(b) Explain the rights of surety :
(0). Against the principal debtor 4 Gi) Against the creditor 4
(11) Against the co-surety
Q5.(a) Explain and_ differentiate sale and agreement to sell. 10
(b) What is ‘Caveat Emptor’ ? What are the exceptions to this doctrine ?
Q6.(a) What is meant by delivery of goods ? What are the rules regarding delivery of goods ? Clarify. 5+10
(b) Explain the relationship between principal and subagent.
Q7.(a) Define Bailment. What are the essentials of valid bailment ? 3+5
(b) What is the meaning of agency by ratification ? Explain with examples.
Q8.What is the meaning of indorsement ? What are its different kinds ? Explain in detail.
Q9.Write short notes on any four of the following : 4x5=20
(a) Cross offer
(b) Quasi contract
(c) Right to stoppage of goods in transit
(d) Implied authority of a partner
(e) Distinction between condition and warranty
(f) Hundi ane ? 5+15 515 [71 BCOC-133 छ-1353/820८-1
(33)