Download OU B.Com 5th Sem Business Law Important Questions

Download OU (Osmania University) B.com (Bachelor of Commerce) 5th Sem Business Law Important Question Bank For 2021 Exam


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Department of Commerce
Subject: BUSINESS LAW (B-LAW)
Course: BCom. Group: Computers & Computer Applications Semester: V
UNIT-I
SHORT ANSWERS
1. Development of Business Law.
2. Agreement and Contract.
3. Types of Contract.
4. "NO-CONSIDERATION, NO-CONTRACT".
5. Capacity to a contract.
LONG ANSWERS
1. Development of law in Independent India Contract Act-1872.
2. Essentials of Valid Contract.
3. Essentials of Valid Consideration.
4. Communication and revocation of Offer & Acceptance.
5. Minors Agreements.
UNIT-II
SHORT ANSWERS
1. Legality of Object and Consideration.
2. Wagering Agreements.
3. Discharge of Contract.
4. Breach of Contract.
LONG ANSWERS
1. Agreements expressly declared to be void.
2. Contingent Contracts.
3. Modes of Discharge, Performance of Contract.
4. Breach of Contract & Remedies for Breach.
UNIT-III
SHORT ANSWERS
1. Contract of Sale.
2. Sale & Agreement to sell.
3. CAVEAT EMPTOR.
4. Unpaid Seller.
5. District Forum.

LONG ANSWERS
1. Transfer or passing of property, Rules of transfer of property.
2. Unpaid Seller-Rights of Unpaid Seller.
3. Consumer Protection Councils.
4. Consumer Disputes Redressal Agencies.
5. Procedure to lodge a complaint for Redressal.
UNIT-IV
SHORT ANSWERS
1. Trade marks.
2. Rights of the Patentee.
3. Trade Secrets.
4. Rights of copyrights owner.
LONG ANSWERS
1. Procedure for Registration of Trade marks.
2. Essential Conditions for copy rights to be protected.
UNIT-V
SHORT ANSWERS
1. Objectives of Information Technology Act-2000.
2. Digital Signatures.
3. Object of Environment Protection Act-1986.
4. Electronic Governance.
5. Prevention of 1986.
LONG ANSWERS
1. IT ACT-2000 & Electronic Governance.
2. Control and Abetment of Environmental Pollution.

IMPORTANT TO BE KNOWN.
1. Business Law/Mercantile Law.
2. Lawful Consideration.
3. Agreement not declared as Void.
4. QUID PRO QUE ("No Consideration- No Contract")
5. Voidable Contract.
6. Unenforceable Contract.
7. Contracts on the basis of Performance.
8. Cross Offer.
9. Counter Offer.
10. "Acceptance to an Offer is what a lighted match stick is
to a train of Gun-powder"
11. Free Consent.
12. Coercion.
13. Undue-Influence.
14. Misrepresentation.
15. Recession.
16. Novation.
17. Merging.
18. Anticipated Breach.
19. Actual Breach.
20. Attempted Performance.
21. Suit for Injunction (Stay-order)
22. Suit for Quantum merit.
23. Reciprocal Performance.
24. Vindictive Damages.
25. Auction Sale.
26. Knock-out Agreements.
27. Damping
28. Tenure
29. Cyber Law.
30. Adjudication.



This post was last modified on 23 January 2021