(Following Paper ID, Subject code & Roll No. to be filled in your answer book) Q4.

4. What do you understand by the term Consideration? What are

Subject Code: PGDM15-022 Roll No. its essentials? What are the exceptions to Consideration?
Q5. What do you understand by the term Capacity of Parties? What
PGDM 3rd (Odd) Semester
are the rules regarding Minors Interest?
THEORY EXAMINATION (2016-17)
Q6. Two or more persons are said to consent when they agree upon
Business Laws
the same thing in the same sense. Comment upon the satement.
Time: 3:00 Hrs. M.M. 70
Q7. Explain briefly the various kinds of VOID agreements under the
Note:- Attempt any seven questions:- (7x10=70) ICA, 1872.
Q1. All Contracts are agreements but all agreements are not contracts. Q8. Distinguish between a Wagering Agreement and a Contingent
Explain. Contract.
Q2. What do you understand by the term Offer? What are the rules Q9. What do you mean by Performance of Contract? What are the
regarding Offer? different types of Performance?
Q3. What do you understand by the term Acceptance? What are the Q10. What do you mean by Quasi Contracts & their types?
rules regarding Acceptance?
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