Commercial law suggestion

Sub: Commercial law

Chapter: 01 (law of contract)

1.      Define contract and agreement. Explain the essential elements of a contract.

2.      “ A contract is an agreement enforceable by law”- Explain

3.      State the difference between agreement &n contract.

4.      “All contract are agreement but all agreement are not contract ”- Explain.

5.      Define offer & acceptance. Discuss the rules regarding offer.

6.      Distinguish between offer & acceptance.

7.      How & when an offer will be revoked? Or describe the ways of revocation an offer.

8.      What is a counter offer?

9.      What do you mean by consideration? Discuss different types of consideration.

10. “No consideration no contract”- state this law with exceptions.

11. Discuss the rules (essential factors) regarding consideration.

12. “An agreement without consideration is void”- Explain.

13. “Inefficiency of consideration is immaterial, but an agreement without consideration is void.”-Explain

14. Define with example:- (a) void agreement;

     (b) Voidable agreement

15. Distinguish between void agreement and voidable agreement

16. Define: Minor, Lunatic and Unsound mind.

17.  State when consent is not said to free.

18. Distinguish between coercion & under influence.

19. Distinguish between fraud & mispresentation.

20. Describe the agreement against public policy.

21. What do you mean by contingent contract? Distinguish between contingent contract & wagering agreement.

22. Discuss the methods of termination or discharge of contract.

23. What do you mean by breach of contract? Discuss the remedies for breach of contract.

24. What is the difference between Novation & Alteration?

25. What is a quasi contract?

26. Distinguish between a contracts of indemnity & guarantee.

Chapter: 04 (company Act 1004)

1.      What do you mean by company according to the company Act 1994?

2.      Briefly describe the features of a company.

3.      Point out the difference between a private Ltd company & public company?

4.      What are the main privileges that a private company enjoys over public company?

5.      What are the main privileges that a private company enjoys over public company?

6.      How a private limited company be converted into a public limited company?

7.      What is Memorandum of Association? State the contents/clause of Memorandum of Association.

8.      What is Articles of Association?

9.      Contrast between Memorandums of Association & State the contents of Articles of Association.

10. How the Memorandum of Association of Association &Articles of Association can be altered.

11. State the usual steps to be takes in the formation of a company under the company Act 1994,

12. What do you mean by certificate of incorporation?

13. Define prospectus. State the contents of prospectus.

14. Discuss the different types of share capital of a company.

15. What is share and stock? What is the point of distinction between these two term.

16. Describe the difference between share warrant and share certificate.

17. What is convertible debenture?

18. Discuss the types of share.

19. State the right and duties of shareholder.

20. What do you mean by “Statutory Meeting”? Discuss the content of a statutory report.

21. What are the modes of appointment of directors of a company?

22. What is the disqualification for being appointed as the director of a company?

23. State the powers and duties of directors.

24. What do you mean by winding up of a company? Discuss the circumstances under which a company may be wound up by the court.

25. Discuss the procedure of registration of a company.

26. Define bailment. What are the requisites of bailment?

27. What are the duties of a Bailee & Bailor?

28. In what ways an agency can be created?

29. What do you mean by sub agent and co-agent?

Chapter: 02(Law relating to Negotiable Instruments)

1.      What is negotiable instrument? What are the essential features of it.

2.      Distinguish between:-

                                                                                I.            Promissory note and bill of exchange.

                                                                             II.            A bill of exchange & cheque.

                                                                           III.            Chequue crossed generally &cheque crossed sprecilly.

3.      What is promissory note? Describe the essential factures/elements of it.

4.      What is bill of exchange? Mention the essential of it.

5.      Why is a cheque crossed? State the various ways in which a cheque can be crossed.

6.      What is the effect of crossing a cheque with the words – “Not negotiable or “Account Payee Only.”

7.      Define cheque. State the principal features of it.

8.      What do you mean by Indorsement or Endorsement?

9.      What are the rules regarding endorsement?

            Short notes:

                                                                                                        i.            Dishonor of Negotiable Instruments.

                                                                                                     ii.            Notary public.

Chapter: 03 (Law relating to Sales of goods)

1.      What are the difference between ‘Condition’ & ‘Warranty’?

2.      What is the doctrine of caveat emptor? Explain the exceptions of the principle “cavet emptor”.

3.      Distinguish between sale &agreement to sell.

4.      Under what circumstance can a breach of condition are treated as a breach of warranty.

5.       “No seller of goods can give the buyer of goods a better title to those goods than he himself has” – Explain the statement. Are there exceptions to this tule?

6.      What are the rules regarding delivery of goods under the Sale of Goods Act.

7.      Who is an unpaid seller? What are the rights of an unpaid seller?

8.      State the rules regarding Auction sales.

Short Notes:

i.                    Promoters.

ii.                 Official Liquidator .

iii.               Managing Agent.

iv.               Extra-ordinary General Report.

v.                  Minimum Subscription.

vi.               Doctrine of Ultra-Vires.

vii.             Annual General Meeting.

viii.          Statutory Report.

ix.               Special resolution.

x.                  Board of Directors.

xi.               Qualification Shares.

Chapter: 05 (Partner ship Act)

1.      Define partnership. What are the essential elements of partnership?

2.      Is the registration of a partnership firm compulsory? What are the benefits of non-registration of a partnership firm?

3.      State the consequences of nor-registration of a partnership firm.

4.      What is partnership Agreement Deed? What are the contents of it?

5.      Who can be a partner?

6.      Can a minor become a member of a partnership? If so, what are his rights & liabilities under the partnership Act?

7.      What are the consequences of insolvency of a partner?

8.      Discuss the relation of partners to third parties.

9.      Mention the Acts for which a partners his implied authority to find the firm?

10. Discus the rights & duties of a partner.

11. What is dissolution of a firm? Discuss the different modes of dissolution of a firm.

12. What are the circumstances in which a firm may be dissolved by the court?

13. What are the grounds of dissolution of a partnership firm?