ADC/B.Com-II: Past Papers Business & Industrial Law

Paper pattern of Business & Industrial Law is divided into Two sections. Section – A is consisted of Commercial Law or Business Law of 70 marks while Section – B is consisted of Industrial Law of 30 marks. 

SECTION – A: BUSINESS LAW- 70 MARKS
I. LAW OF CONTRACT Introduction and definition of contract, Essentials of a valid contract, void agreements, contingent of the contract, Discharge of contract, Quasi contracts, Indemnity and Guarantee, Bailment and Pledge, Agency.
II THE SALE OF GOODS ACT Define goods and its classification, Distinction between sale and agreement to sell, price, conditions and warranties, Transfer of property, Transfer of title, unpaid seller and his rights, Delivery and its rules, Auction sale.
III. THE PARTNERSHIP ACT Definition of partnership & Determination at will, Rights and duties of Partner(s) implied authority of a partner, position of a Minor Partner, Dissolution of Partnership, Registration and effect of non-registration of the firm.
IV. THE NEGOTIABLE INSTRUMENTS ACT Introduction, meaning, requirements characteristics of negotiable instruments, Definition and Distinction of Promissorynotes, Bill of Exchange and cheque. Crossing – object and kinds, A brief introduction of endorsement, Negotiation, presentment, Acceptance and Dishonor. Discharge from liability.
V. SECURITIES A brief Introduction of Mortgages, changes and Hypothecation.
VI. CARRIAGE OF GOODS. Common Carrier. Essentials of a Common Carrier, Rights, and Duties of a common Carrier. Restricted Liability of Railway Carriage as common carriage and by Sea.

SECTION – B: INDUSTRIAL LAW- 30 MARKS
I. THE FACTORIES ACT Definitions, certifying surgeon and inspector, their powers and duties, provisions relating to Health, safety and welfare, hours of work and holidays, special provisions regarding employment of women and children/Adolescent.
II. INDUSTRIAL RELATIONS ORDINANCE Definitions, Trade union and its registration, collective Bargaining agent, unfair labour practices, method of settlement of Industrial disputes labour courts, strike and lockout.
III. WORKMEN’S COMPENSATION ACT Meaning of the terms Accident and arising out of and in the course of Disablement, Employer’s liability, when Employer is not liable to pay compensation.