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Punjab University PU Lahore B.COM Part 2 Past Paper of Business Law year 2014

Punjab University PU Lahore B.COM Part 2 Past Paper of Business Law  year 2014

Business Law 2014

Time Allowed: 3 Hours New Course Marks: 100

Note: Attempt any five questions. All questions carry equal marks.

Question # 1

Discuss the various types of contract.

Question # 2

Explain: (a) Undue influence (b) Fraud

Question # 3

What remedies are available to an aggrieved party on the breach of contract?

Question # 4

Who is surety? When is surety discharged from his liability?

Question # 5

Who is an unpaid seller? Explain the rights of an unpaid seller.

Question # 6

Define carrier. Explain the difference between common carrier and private carrier.

Question # 7

Define the term negotiable instrument. What are its essential characteristics?

Question # 8

Describe the unfair labor practices on the part of employers and workmen.

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