SINDH PUBLIC SERVICE COMMISSION, HYDERABAD.
Combined Competitive Examination, 2020
Mercantile Law.
Tuesday the 24th November, 2020.
Time: 02:00 pm to 05: 00 pm Maximum marks. 100
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Note: Attempt any Five questions. All questions carry equal marks.
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Question No.
01 Discuss in detail remedies for breach of a contract available to a seller against the buyer in the light of Sale of Goods Act, 1930.
02 What are Negotiable Instruments? Explain it’s essential characteristics, nature and functions? What functions do you consider to be absolutely crucial?
03 Illustrate the rules and restrictions for altering the memorandum and the articles of association of a company?
04 What is the importance of Resolutions in regulating the affairs of a company? Explain what is meant by the doctrine of Ultra vires of a company?
05 Discuss the scope and power of a Judicial Authority to stay legal proceedings, where there is an arbitration agreement? Elaborate as to what it amounts while taking any step(s) in the proceedings.
06 Explain the features of a partnership and the legal status of a minor partner in a partnership?
07 Distinguish between void agreement and an unlawful agreement as expressly enshrined under the Contract Act, 1872?
08 Describe “Services for consideration” with examples, in the light of Consumer Law?
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