BCOC-133 Assignment Answer Links – 2025
Below are the direct links to all the answers for the BCOC-133: Business Law assignment (2025). Click on each question to read the complete answer.
- Who are treated as persons of unsound mind? State the legal positions of contracts with such persons.
- “Insufficiency of consideration is immaterial, but a valid contract must be supported by lawful and real consideration.” Comment.
- Explain the law related to ambiguous and inchoate instruments.
- What are the rules regarding settlement of accounts of a firm after dissolution? Explain fully.
- Discuss the essentials of a contract of bailment and state the rights and duties of a bailee.
- “An agreement in restraint of trade is void”. Examine this statement mentioning exceptions, if any.
- Define and distinguish between ‘condition’ and ‘warranty’.
- Define an unpaid seller. What are his rights?
- Discuss the common features among promissory note, bill of exchange and cheque.
- Define ‘agent’ and ‘principal’. Can a minor be an agent? Discuss.
- “In commercial and business agreements, the presumption is that the parties intend to create legal relations.” Comment.
- “Mere silence as to facts is not fraud”. Explain with examples.
- Write a note on pledge by mercantile agent.
- Differentiate between a bill and a cheque.
These answers are written in simple and student-friendly language, ideal for IGNOU B.Com students.
Course Code: BCOC-133
Course Title: Business Law
Academic Session: 2025