Business and Labor Law Important Questions – Past Papers

By: Prof. Fazal Rehman Shamil

Paper 1: Business and Labor Law – University Past Papers.

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q.1 Differentiate between the following (14)

a) Company and partnership
b) Memorandum of Association & Articles of Association

Q.2 What is contract? Elaborate essentials of a valid contract in detail.

Q. 3 Define Partnership. How contracts are accepted and revoked. Briefly explain.
Q. 4 Discuss various types of Partnership. Elaborate illegal partnership in detail.

Q.5 Define Trade union and discuss the requirements for the registration of trade unions.
Q.6 Elaborate main characteristics of Employees Old Age Benefits Contribution Rules 1978.
Q.7 Define National Industrial Relations Commission. Also explain its powers.
Q.8 Write short notes on any two of the following:

a) Conduct of bailment
b) Collective bargaining agent
c) Functions of Registrar

Paper 2: Business and Labor Law – University Past Papers.

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q.1 Differentiate between the following (14)

a) Co-ownership and partnership
b) Indemnity and guarantee

 

Q.2 How a contract is discharged, what damages are caused by breaching of a contract?
Q. 3 Explain formation of contract and briefly discuss rights of unpaid of seller against the goods.
Q. 4 Discuss essential features of Partnership agreement along with rights and liabilities of the
members of a partnership firm.

Q.5 What is Wage commission? How wages are fixed? Elaborate powers of wage commission.
Q.6 Explain main characteristics of Companies Ordinance 1984.
Q.7 Discuss powers and functions of Registrar.

Q.8 Write short notes on any two of the following:

a) Revocation of contract
b) Penalty of committing breach of settlement
c) Board of trustees

 

Paper 3: Business and Labor Law – University Past Papers.

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q. 1: Objectives type Questions (10 marks)
Fill in the Blanks
a. A __________ is a stipulation, the breach of which gives rise to a claim for damages but not a right to reject the goods.
b. A contact whereby seller transfers the property in goods to the buyer for a price is called as ________.
c. A Contract by which one party promises to save other from loss is termed as ______________.

Encircle “T” for true statement and “F” for false statement
a. The law of contract is concerned with self imposed obligations. T / F
b. Main distinguishing feature between sale and mortgage is transfer of Ownership of the goods. T / F
c. The main intention of co-ownership is to carry on a business by all owners. T / F
Encircle the right choice among the given set of choices
a. A partnership can be reconstituted in the following situations except:
a. Retirement of a partner b. Expulsion of a partner
c. Death of a partner d. Includes all of them
b. A contract terminates by operation of law in the following cases except:
a. Insolvency b. Merger c. Material alteration d. Change of law
c. Law of Partnership is contained in Partnership Act, which came into force in:
a. 1930 b. 1932 c. 1934 d. 1937
d. The existence of partnership can be proved through the following, but not from:
a. An agreement among partners b. Agreement for doing some business
c. Agreement on transfer of ownership d. Agreement to carry on business by all or any of them
Q. 2: What are the various ways in which a contract may be discharged? Explain briefly
Q. 3: Differentiate between contracts of indemnity and guarantee.
Q. 4: Discuss corporate law authority and memorandum of association.
Q. 5: Explain salient features of Companies Ordinance 1984.
Q.6: In relation to the employee old age benefit, discuss questions and disputes regulation 1980.
Q.7: How a partnership is dissolved? Discuss rights and obligations after dissolution.
Q.8: Write short notes on any two of the following:
a) Wage commission b) Contract of guarantee c) Reconstruction of a Firm

Paper 4: Business and Labor Law – University Past Papers.

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q.1 Attempt the following short questions (7,7)
a, Illegal partnership
b, Sale by auction

Q.2 Explain acceptance and revocation of contract. Also discuss the discharge methods of a contract. (14)

Q.3 What is the process of registration of partnership? (14)

Q.4 Briefly discuss the companies ordinance 1984. (14)

Q.5 Explain the employees old age benefit contributions rules 1978. (14)

Q.6 Define National Industrial Relations Commission. Also discuss its powers. (14)

Q.7 Discuss contract of indemnity and contract of guarantee. Write down the personal profits of members of a partnership. (14)

Q.8 Write short notes on any two: (7,7)
a, Collective bargaining agents and freedom of associations
b, Powers of registrar
c, Registration of a company