Tuesday, August 22, 2017

B.Com 2nd Year Question Paper (Distance): Business Regulatory Framework' 2015

2015
(July)
COMMERCE
Paper: 203
(Business Regulatory Framework)
Full Marks: 90


Time: 3 hours
The figures in the margin indicate full marks for the questions


1. Choose the correct answer: 1x8=8
  1. Indian Contract Act was passed in 1872/1972.
  2. An agreement to sell is an executed/executor contract.
  3. An unpaid seller obtains/not obtains right against goods.
  4. Bill of Exchange has two/three parties.
  5. Days of grace is not allowed/allowed in cheque.
  6. Consumer Protection Act, recognizes five/six rights of consumers.
  7. According to Partnership Act the liability of partners is limited/unlimited.
  8. FEMA came into force from June 1, 2000/2001.
2. (a) What are the essential elements of a valid contract? 13
Or
(b) Discuss the various modes of discharge of contracts. 13
3. (a) Distinguish between sale and agreement to sale. 13
Or
(b) Distinguish between condition and warranty. Illustrate when condition is treated as warranty. 5+8=13
4. (a) What do you mean by cheque? Describe crossing of a cheque in details. 4+9=13
(b) Elucidate the characteristics of negotiable instruments. 13
5. (a) Who is complainant under Consumer Protection Act? Explain the word ‘Consumer’ under this Act.    6+7=13
Or
(b) Describe different types of partners according to Indian Partnership Act. 13
6. (a) Illustrate: 7x2=14
  1. Capital account transaction.
  2. Current account transaction.
Or
(b) What is Foreign Exchange Management Act? State the salient features of this Act. 4+10=14
7. Write short notes on (any four): 4x4=16
  1. Void Contract.
  2. Caveat Emptor.
  3. Price.
  4. Holder.
  5. Coercion.

Labels

Absorption Costing (1) Accountancy (4) accounting for partnership firms (3) Accounting for Share Capital (3) accounts of non trading concern (3) advanced financial accounting (18) AHSEC (149) ahsec 11 (47) ahsec 12 (60) ahsec notes (136) AHSEC Question Papers (35) Assam Slet (10) bcfm (11) bills of exchange (6) branch accounting (3) Budgetary Control (3) Budgetary Control Notes (2) business communication (28) Business Environment Notes (17) business regulatory framewrok (49) Business Statistics Notes (28) cash flow statement (5) cbse 12 (39) cbse notes (53) commerce (13) company law (23) corporate accounting (33) corporate laws (14) cost accounting (63) cost and management accounting (34) cpt (36) cpt 200 (7) cpt notes (30) dibrugarh university (1179) dibrugarh university notes (611) dibrugarh university question paper (474) dibrugarh university solved papers (267) dibrugarh university syllabus (47) direct tax law (49) eco - 01 (4) ECO - 02 (2) ECO - 03 (2) ECO - 05 (6) ECO - 06 (1) ECO - 07 (1) eco - 08 (4) eco - 09 (1) ECO - 10 (2) ECO - 11 (3) ECO - 12 (7) ECO - 13 (2) ECO - 14 (4) entrepreneurship (14) fianancial accounting (3) financial accounting (48) Financial Accounting Notes (23) financial management (18) Financial statements analysis (14) funds flow statement (3) guwahati university (289) guwahati university syllabus (52) Hire Purchase (5) Human Resource Management (12) icwai (38) icwai notes (39) ignou solved assignments (83) ignou solved question papers (121) income from house property (5) income from salary (4) Income Under the head Salaries (11) information technology (10) Installment Purchase (4) issue of shares (4) kkhsou (13) M.com (62) Management Accounting Notes (31) MCQ (11) paper I (1) paper II (9) paper III (1) principle of business mangement (16) Principles of Marketing Notes (16) royalty accounts (3) sale of goods act (8) semester I (165) Semester II (156) semester III (92) semester IV (149) semester V (136) semester VI (91) slet (13) Slet Ne (10) Small Business Management (7) solved assignments (22) UGC - NET: Commerce (08) (14) UGC - NET: Commerce (08) Paper II (3) UGC - NET: Commerce (08) Paper III (14) ugcnet solved question papers (23) Variance Analysis Notes (1)