IGNOU BCOC 133 Solved Assignment 2024-25 English Medium PDF Download

IGNOU BCOC 133 Solved Assignment 2024-25 English Medium Question Paper

BCOC 133 : BUSINESS LAW

Section – A
1) Who are treated as persons of unsound mind? State the legal positions of contracts with such persons.
2) “Insufficiency of consideration is immaterial, but a valid contract must be supported by lawful and real consideration.” Comment.
3) Explain the law related to ambiguous and inchnate instruments.
4) What are the rules regarding settlement of accounts of a firm after dissolution? Explain fully.
5) Discuss the essentials of a contract of bailment and state the rights and duties of a bailee.

Section – B
6) “An agreement in restraint of trade is void”. Examine this statement mentioning exceptions, if any.
7) Define and distinguish between ‘condition’ and ‘warranty’.
8) Define an unpaid seller. What are his rights?
9) Discuss the common features among promissory note, bill of exchange and cheque.
10) Define ‘agent’ and ‘principal’. Can a minor be an agent? Discuss.

Section – C
11) “In commercial and business agreements, the presumption is that the parties intend to create legal relations.” Comment.
12) “Mere silence as to facts is not fraud”. Explain with examples.
13) Write a note on pledge by mercantile agent.
14) Differentiate between a bill and a cheque.

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