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FPSC · CSS 2015

Mercantile Law

100 marks · 3 hours · 7 questions
This paper Mercantile Law · all yearsQ. 2 · Briefly explain the modes of…Q. 3 · Explain the provisions pertaining to…Q. 4 · How a firm is registered?…Q. 5 · When the property in the…Q. 6 · What are the different powers…Q. 7 · When consent is said to…Q. 8 · Write short notes on any…With this paper← 20142017 →
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Part II

Q. 2

Briefly explain the modes of winding up of a company.

(20)
Q. 3

Explain the provisions pertaining to the notice of dishonour of a negotiable instrument.

(20)
Q. 4

How a firm is registered? What is the effect of non-registration of a firm?

(20)
Q. 5

When the property in the goods stands transferred from the seller to the buyer?

(20)
Q. 6

What are the different powers of an arbitrator under the Arbitration Act, 1940? What are the circumstances under which a court can remove an arbitrator?

(20)
Q. 7

When consent is said to be free?

(20)
Q. 8

Write short notes on any TWO of the following:

  1. (a)Consequences of a breach of contract [10]
  2. (b)Indemnity and guarantee [10]
  3. (c)Condition and warranty [10]
(20)

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About this paper

The 2015 CSS Mercantile Law paper set by the FPSC. Question wording only; questions marked “Not yet checked” have not been compared with the official paper yet.

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