Previous Year Very Short Questions of ML (BCOM 2nd)

Mercantile law

Previous year question paper with solutions for Mercantile law

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  1. Define executed contract.
  2. Define counter-offer.
  3. What is mis-representation?
  4. Define unilateral mistake.
  5. What is continuing guarantee?
  6. Distinguish between a ‘condition’ and a ‘warranty’.
  7. Define unascertained goods.
  8. What are the parties to a cheque?
  9. Distinguish between holder and holder in due course.
  10. Who is ‘consumer’ under Consumer Protection Act 1986?
  11. Void contract
  12. Quasi contract
  13. Guarantee
  14. Bailor
  15. Transfer of goods
  16. Seller
  17. Cheques
  18. Bill of exchange
  19. National commission
  20. Objectives of consumer protection
  21. Define acceptance
  22. What is capacity of parties?
  23. Define coercion.
  24. Define discharge of contact.
  25. What is guarantee?
  26. Define implied warranties.
  27. What is Quasi Contracts?
  28. What do you mean by unpaid seller?
  29. Define promissory note.
  30. Define consumer.