JAIN COACHING CLASSES

BUSINESS LAWS

Note:
1. Read the paper carefully.
2. Submit answer sheet on time (before 1:20 pm)
3. Email your law answer sheet pdf on jaincc.ca@gmail.com
4. Write your name, Father's name and Batch name on the top of answer sheet.
5. Write your name and father's name in the subject of email (for ex – Kalpit Soni S/o Sh.
Mahesh Soni ).
6. QUESTION 1 is compulsory.
7. Answer any 4 questions from the remaining 5 questions.

Total 60 marks

1. (a) Ishaan, aged 16 years, was studying in an engineering college. On 1st March, 2016 he took a loan of Rs
2 lakhs from Vishal for the payment of his college fee and agreed to pay by 30 th May, 2017. Ishaan
possesses assets worth Rs. 15 lakhs. On due date Ishaan fails to pay back the loan to Vishal. Vishal now
wants to recover the loan from Ishaan out of his assets. Decide whether Vishal would succeed
referring to the provisions of the Indian Contract Act, 1872.(4 Marks)
(b) Krishna, an assessee, was a wealthy man earning huge income by way of dividend and interest. He
formed three Private Companies and agreed with each to hold a bloc of investment as an agent for
them. The dividend and interest income received by the companies was handed back to Krishna as a
pretended loan. This way, Krishna divided his income into three parts in a bid to reduce his tax
liability.
Decide, for what purpose the three companies were established? Whether the legal
personality of all the three companies may be disregarded. (4 Marks)
(c) Explain the difference between Sale and Agreement to sell under the Sale of Goods Act, 1930. (4
Marks)
2. (a) State the grounds upon which a contract may be discharged under the provisions of the Indian
Contract Act, 1872. (7 Marks)
(b) State the meaning of Limited Liability Partnership (LLP). What are the relevant steps to incorporate
LLP? (5 Marks)
3. (a) State the modes by which a partner may transfer his interest in the firm in favour of another person
under the Indian Partnership Act, 1932. What are the rights of such a transferee? (6 Marks)
(b) ‘X’ entered into a contract with ‘Y’ to supply him 1,000 water bottles @ Rs. 5.00 per water bottle, to
be delivered at a specified time. Thereafter, ‘X’ contracts with ‘Z’ for the purchase of 1,000 water
bottles @ Rs 4.50 per water bottle, and at the same time told ‘Z’ that he did so for the purpose of

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 performing his contract entered into with ‘Y’. ‘Z’ failed to perform his contract in due course and
market price of each water bottle on that day was Rs. 5.25 per water bottle. Consequently, ‘X’ could
not procure any water bottle and ‘Y’ rescinded the contract. Calculate the amount of damages which
‘X’ could claim from ‘Z’ in the circumstances? What would be your answer if ‘Z’ had not informed
about the ‘Y’s contract? Explain with reference to the provisions o f the Indian Contract Act, 1872.(6
Marks)

4. (a) What are the implied conditions in a contract of ‘Sale by sample’ under the Sale of Goods Act, 1930?
State also the implied warranties operatives under the said Act. (6 Marks)
(b) A, B and C are partners in a firm called ABC Firm. A, with the intention of deceiving D, a supplier of
office stationery, buys certain stationery on behalf of the ABC Firm. The stationery is of use in the
ordinary course of the firm’s business. A does not give the stationery to the firm, instead brings it to
his own use. The supplier D, who is unaware of the private use of stationery by A, claims the price from
the firm. The firm refuses to pay for the price, on the ground that the stationery was never received
by it (firm). Referring to the provisions of the Indian Partnership Act, 1932 decide:
(i) Whether the Firm’s contention shall be tenable?
(ii) What would be your answer if a part of the stationery so purchased by A was delivered to the
firm by him, and the rest of the stationery was used by him for private use, about which neither
the firm nor the supplier D was aware? (6 Marks)
5. (a) Mr. Samuel agreed to purchase 100 bales of cotton from Mr. Varun, out of his large stock and sent his
men to take delivery of the goods. They could pack only 60 bales. Later on, there was an accidental fire
and the entire stock was destroyed including 60 bales that were already packed. Referring to the
provisions of the Sale of Goods Act, 1930 explain as to who will bear the loss and to what extent?
(6 Marks)
(b) Explain the meaning of Guarantee Company? State the similarities and dissimilarities between a
‘Guarantee Company’ and ‘Company Limited by Shares’. (6 Marks)
6. (a) “No consideration, no contract”. Discuss.
Or

“Mere silence does not amount to fraud”. Discuss. (5 Marks)

(b) What is Partnership Deed and state the information contained therein? (4 Marks)
(c) Examine with reasons whether the following statement is correct or incorrect:
(i) A private limited company must have a minimum of two members, while a public limited
company must have at least seven members.
(ii) Affixing of Common seal on company’s documents is compulsory. (3 Marks)

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 JAIN COACHING CLASSES
Note:
1. Read the paper carefully.
2. Submit answer sheet on time (before 1:20 pm)
3. Email your BCR answersheet pdf on catest.jcc@gmail.com
4. Write your name, Father's name and Batch name on the top of answer sheet.
5. Write your name and father's name in the subject of email (for ex – Kalpit Soni S/o Sh.
Mahesh Soni ).

TEST - BCR
Question 1: Read the passage carefully and answer the given questions:- (1*5=5)

Opera refers to a dramatic art form, originating in Europe, in which the emotional content is conveyed to
the audience as much through music, both vocal and instrumental, as it is through the lyrics. By contrast, in
musical theatre an actor's dramatic performance is primary, and the music plays a lesser role. The drama in
opera is presented using the primary elements of theatre such as scenery, costumes, and acting. However,
the words of the opera, or libretto, are sung rather than spoken. The singers are accompanied by a musical
ensemble ranging from a small instrumental ensemble to a full symphonic orchestra.

A. It is pointed out in the reading that opera ----

A) has developed under the influence of musical theatre
B) B) is a drama sung with the accompaniment of an orchestra
C) is not a high-budget production
D) is often performed in Europe

B. We can understand from the reading that ----

A) people are captivated more by opera than musical theatre
B) drama in opera is more important than the music
C) orchestras in operas can vary considerably in size
D) musical theatre relies above all on music

C. It is stated in the reading that ----

A) acting and costumes are secondary to music in musical theatre
B) many people find musical theatre more captivating than opera
C) music in musical theatre is not as important as it is in opera
D) an opera requires a huge orchestra as well as a large choir

D. Find out the word which is similar to the phrase ‘a group of musicians’----
A) orchestra
B) opera
C) instrumental
D) lyrics

E. Find out the word from the passage which is opposite to the word ‘Similar’:-
A) Element
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 B) Libretto
C) Small
D) Contrast

Question 2:- Read the given passage carefully:-

1. A good business letter is one that gets results. The best way to get results is to develop a letter that, in
its appearance, style and content, conveys information efficiently. To perform this function, a business
letter should be concise, clear and courteous.
2. The business letter must be concise: don’t waste words. Little introduction or preliminary chat is
necessary. Get to the point, make the point, and leave it. It is safe to assume that your letter is being
read by a very busy person with all kinds of papers to deal with. Re-read and revise your message until
the words and sentences you have used are precise. This takes time, but is a necessary part of a good
business letter. A short business letter that makes its point quickly has much more impact on a reader
than a long-winded, rambling exercise in creative writing. This does not mean that there is no place
for style and even, on occasion, humour in the business letter. While it conveys a message in its
contents, the letter also provides the reader with an impression of you, its author: the medium is part
of the message.
3. The business letter must be clear. You should have a very firm idea of what you want to say, and you
should let the reader know it. Use the structure of the letter—the paragraphs, topic sentences,
introduction and conclusion—to guide the reader point by point from your thesis, through your
reasoning, to your conclusion. Paragraph often, to break up the page and to lend an air of organisation
to the letter. Use an accepted business-letter format. Re-read what you have written from the point of
view of someone who is seeing it for the first time, and be sure that all explanations are adequate, all
information provided (including reference numbers, dates, and other identification). A clear message,
clearly delivered, is the essence of business communication.
4. The business letter must be courteous. Sarcasm and insults are ineffective and can often work against
you. If you are sure you are right, point that out as politely as possible, explain why you are right, and
outline what the reader is expected to do about it. Another form of courtesy is taking care in your
writing and typing of the business letter. Grammatical and spelling errors (even if you call them typing
errors) tell a reader that you don’t think enough of him or can lower the reader’s opinion of your
personality faster than anything you say, no matter how idiotic. There are excuses for ignorance; there
are no excuses for sloppiness.
5. The business letter is your custom-made representative. It speaks for you and is a permanent record
of your message. It can pay big dividends on the time you invest in giving it a concise message, a clear
structure, and a courteous tone.

2.1 Make notes on the passage using recognisable abbreviations in any suitable format. Give a title to the
passage. 4
2.2 Make a summary of the passage. 2

Question 3:- Change the voice of the following sentences: - (1*4=4)

(a) They could pass this exam.
(b) Let the window be opened.
(c) Did he attempt those questions?
(d) He gave her a gift.

Question 4:- Change the speech of the following sentences: - (1*4=4)

(a) She said, “I may reach at 8 p.m.”

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 (b) Rama said that Suresh had been a doctor.
(c) Sushma said to Surendra, “Why are you doing this?”
(d) Mathur sir said, “Two and two make four.”

Question 5:- Rewrite the following sentences, using the correct conjunctions in the brackets: - (1*4=4)
a) The athlete is young (but, and, yet) energetic.
b) The students were tearful at the ceremony (and, while, because) their teacher was leaving.
c) (Though, Even if, so) the current was strong, the man managed to save the drowning child.
d) Aaron has been waiting at the railway station (as, for, since) six this morning.

Question 6:- Select the suitable preposition to complete the meaning the phrasal verbs: - (1*4=4)
a) Could you write this word (down/up/on) for me, please?
b) Put your shoes (on/off/at) - it's too cold to walk around barefoot.
c) Adam switched (off/on/up) his torch, because there was enough light to search the objects.
d) Don't give (on/up/off) singing. You are very talented.

Question 7:- Explain ‘Chain Network’ in the process of communication. 2

Or
What do you understand by physical barriers to communication? 2

Question 8:- A quarterly meeting was held at ‘Jinendra Technologies’ and these agendas were discussed
in the meeting:-
(a) Maintain the fluctuation of sales.
(b) Promoting new products e.g. Turbines, Generators, Electric motors etc......
(c) Enhancing the post-purchase service to customers
Write an action taken report (ATR) on the behalf of above mentioned agendas in about 40-50 words. 3

Or
You are Mahendra Singh, Head of M.S. Ford. Your firm has recently purchased a new ‘computerized
technological assistance programme’ software for providing an advanced technological support to your
customers. Write a memo to the Technological service department asking them to attend training to learn
about the new software the company has adopted. 3

Question 9:- Write a reminder to a firm to whom your firm supplied goods on credit and who has not
paid the money yet. A letter which was sent previously, demanding payment remains un-replied. 4

Or

A Public Health awareness programme regarding to the prevention of Covid 19 Corona Virus while
treating covid patients, was organized by the Department of R.K. Medical college, Residency Road,
Jodhpur. You are Akash, Correspondent of the medical college. Write a report in about 100-120 words on
the given topic. 4

Question 10:- Imagine you are Puja Singh/Pradhyut Singh. Write a formal email to Albino Associates
applying for the job as a management trainee. 2

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Question 11:- Read this short passage carefully and write the précis of the given text: - 2

The test of a great book is whether we want to read it only once or more than once. Any book, which we
want to read the second time even more than we wanted to read it the first time, is really a great book.
Every additional reading will help us understand it better and we will help us understand it better and we
will find new beauties in it. A book that a person of education and good taste does not care to read more
than once is very probably not worth much.