Mercantile Law - Faisalabad Re-Exam 2013
[CENTER][SIZE=2][B][COLOR=black][FONT="]Federal Public Service Commission [/FONT][/COLOR][/B]
[B][COLOR=black][FONT="] Re-Examination of Competitive Examination[/FONT][/COLOR][/B] [B][COLOR=black][FONT="]For Recruitment to Posts in BS-17 Under [/FONT][/COLOR][/B] [/SIZE] [SIZE=2][B][COLOR=black][FONT="]The[/FONT][/COLOR][/B][B][COLOR=black][FONT="] Federal Government, 2013[/FONT][/COLOR][/B] [/SIZE] [SIZE=2][B][U][COLOR=black][FONT="] Mercantile[FONT="] Law[/FONT][/FONT][/COLOR][/U][/B][/SIZE] [CENTER][B][COLOR=black][FONT="] [U]TIME ALLOWED: 2 HOURS & 30 MINUTES [/U][/FONT][/COLOR][/B][B][U][COLOR=white][FONT="]..............[/FONT][/COLOR][/U][/B][B][U][COLOR=black][FONT="]MAXIMUM MARKS:80[/FONT][/COLOR][/U][/B][/CENTER] [/CENTER] [LEFT][B][COLOR=black][FONT="]NOTE:[/FONT][/COLOR][/B] [COLOR=black][FONT="] [B](iii) Attempt Only FOUR question from Part II. All questions carry EQUAL marks.[/B][/FONT][/COLOR] [COLOR=black][FONT="] [B](iv) Extra attempt of any question or any part of the attempted question will not be considered[/B][/FONT][/COLOR]. [/LEFT] [CENTER][B][COLOR=black][FONT="][SIZE=3]Part- II [/SIZE][/FONT][/COLOR][/B][LEFT][B]Q.No.2.[/B] Write short notes on any Four of the following. [B](5 marks each ) (20) [/B] [FONT=Calibri]a) [/FONT]Misrepresentation [FONT=Calibri]b) [/FONT]Member (in relation to a company) [FONT=Calibri]c) [/FONT]Holder in due course of negotiable Instruments [FONT=Calibri]d) [/FONT]General duties of partners [FONT=Calibri]e) [/FONT]Right of stoppage in transit [FONT=Calibri]f) [/FONT]Re-Insurance [B]Q.No.3.[/B] Write essay on any TWO of the following [B](10 marks each) [/B][B](20)[/B] [FONT=Calibri]a) [/FONT]Voidability of agreements without free consent [FONT=Calibri]b) [/FONT]Memorandum of company limited by guarantee [FONT=Calibri]c) [/FONT]Presentment for payment of negotiable Instruments [B]Q.No.4[/B]. Write comprehensive note on any TWO of the following:- [B](20)[/B] [FONT=Calibri]a) [/FONT]Mutual rights and liabilities of the partners [FONT=Calibri]b) [/FONT]Reservation of right of disposal [FONT=Calibri]c) [/FONT]Interest when no rate specified [B]Q,No.5.[/B] Discuss the consequences of breach of contract, compensation for failure to discharge obligation those created by contract, compensation where penalty stipulated for contract has been broken with examples.[B](20)[/B] [B]Q.No.6.[/B] Distinguish between statutory meeting, annual meeting and extraordinary meeting. Discuss requirement, frequency and aims of the meetings in accordance with the provision of law. [B](20)[/B] [B]Q.No.7.[/B] Discuss duration of transit, right of stoppage in transit and how stoppage in transit is effected under section 50, 51 and 52 of the Sale of Goods Act, 1930. [B](20)[/B] [B]Q.No.8.[/B] Differentiate between dissolution by the Court, by agreement, by notice of partnership at will and compulsory dissolution. Discus complete process of dissolution of the firm under the partnership Act, 1932. [B](20)[/B] [/LEFT] [/CENTER] |
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