Mercantile Law KPK 2008
 

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KHYBER PUKHTOON KHWA PUBLIC SERVICE COMMISSION,PESHAWAR[/B]
[B] SUBJECT:- COMPETITIVE EXAMINATION FOR THE POST OF PROVINCIAL MANAGEMENT SERVICE (BPS-17)-2008[/B]

[B]Mercantile Law[/B]
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[FONT=Verdana]Time allowed: 3 hours
Max marks:100
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Note :[/B] [B]Attempt only FIVE Questions in all[/B] .
Possession and use of mobile and other electronic accessories is strictly prohibited during examination and can lead to cancellation of paper as well as examination.

[B]Question 1[/B]. What is the Contract of Baliment ? Discuss the rights and duties of Bailor and Bailee .

[B]Question 2.[/B]Define an “Agency “? What are the different kinds of agents appointed under the law of Agency? Describe the responsibilities of an agent to his principal.

[B]Question 3. [/B]What is an Un-paid Seller? Describe the rights of unpaid seller under the sale of Goods Act, 1930.

[B]Question 4.[/B] Explain various kinds of Crossed Cheque with examples and how a Crossed Cheque is paid?

[B]Question 5[/B]. How a proper “Partnership” is formed? What is the difference between Partnership and Co-ownership?

[B]Question 6.[/B] Differentiate between Memorandum of association and Articles of Association. How can alternation be made in the Memorandum of Association?

[B]Question 7.[/B] Describe exactly the position , power and functions of a Director under the companies Ordinance 1984 .How for a Director is liable for the acts of a company ?[/FONT]