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

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