BBS Business Law

bbsthird year

This course contains various legal frameworks influencing business organizations in national and international context and foundational information about the Nepalese legal system, disputeresolution, and their impact on business as well as the major content of the Constitution of Nepal, State and Federal legal systems.

semester photo

Chapter Wise Notes Question Banks Syllabus Chapter Wise Questions

Faculty of Management

2078

Bachelor of Business Studies

Business Law

MGT 204

Full Marks: 100

Candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.

"Section A"

Brief Answer Questions ( Attempt All questions )

[10*2=20 ]

What is law?

List out any four sources of law.

What is mistake in law?

State any two conditions of void agreement.

What is common carrier?

Define the term 'quantum meruit'?

What is negotiable instrument?

Define the term 'insolvency'.

Who is alien enemy?

Mention any two types of guarantee.

"Section B"

Descriptive Answer Questions ( Attempt any FIVE questions)

[5*10=50 ]

What is a Business. Explain the sources of Nepalese business law.

What is consideration? Explain the rules regarding consideration.

Distinguish between bailment and pledge.

Who is an unpaid seller? Explain the duties of an unpaid seller.

What is arbitration? Who can refer disputes to arbitration? Explain.

State and explain the liabilities of surety.

"Section C"

Analytical Answer Questions ( Attempt any Two questions)

[2*15=30 ]

What is contractual capacity? Discuss the legal effects of agreements made with an incompetent party.

Discuss the rights, duties and liabilities of common carrier.

Critically examine the Nepalese law of insolvency and features of insolvency Act 2003.