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.