\n
But a methodical pattern of study along with purpose meant approach is requisite for scoring good marks in this paper. In the last few years, the pattern of this paper has been oscillating between theoretical and scenario-based questions but in the last two years it has been a combination of both these. So in order to attempt the paper it is essential for the students to understand how to handle the scenario-based questions. It has always been a hard nut to crack for the students to handle a scenario question. In this regard the following steps can become helpful:<\/p>\n
Steps to Solve the Situation-based Question:<\/span><\/b> A general tip for the candidates<\/span><\/b> Recommended Books:<\/span><\/b> The paper of Mercantile Law comprising of 100 marks is having remarkable significance in the context of its scoring image, among all the optional subjects. But a methodical pattern of study along with purpose meant approach is requisite for scoring good marks in this paper. In the last few years, the pattern of this paper …<\/p>\n","protected":false},"author":1215,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[31,7750],"tags":[],"_links":{"self":[{"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/posts\/10513"}],"collection":[{"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/users\/1215"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/comments?post=10513"}],"version-history":[{"count":0,"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/posts\/10513\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/media?parent=10513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/categories?post=10513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jworldtimes.com\/old-site\/wp-json\/wp\/v2\/tags?post=10513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nWrite the exact law point concerned with the situation of the question, according to your assessment.
\nWrite the definition of the law point you have finalised in step one.
\nNow relate the definition of the same law point with the situation given in question, in order to prove that you have rightly picked the law point.
\nGive some illustration or example of case law in this regard.
\nRelate the illustration \/ case law with the situation.
\nNow give your concrete decision in crystal clear words without any ambiguity that what should be the decision of the given scenario, by fully concentrating on the aspect ‘REQUIRED’\u009d in the question.<\/p>\n
\nIt is a very interesting phenomenon that at whatsoever level of examination the students are appearing, but as soon as the question paper comes in front of a student, it is immediately divided into two parts within the mind of almost every student.\u00a0 One part is that which is known to him and the other one is that which is not known to him. Unfortunately that particular part of the paper which is not known to him is having such a huge impact on his nerves that the part well-known to him start vanishing from his mind. So it is highly suggested that\u00a0 the questions a student doesn’t know, he should forget about those and fully concentrate on the questions about which he is having some knowledge.\u00a0 It’s a game of holding your nerves.
\n
\nExpected Questions of Mercantile Law for CSS-2012.<\/span><\/b>
\n1.<\/span><\/b>\u00a0\u00a0 \u00a0All the contracts are agreements but all the agreements are not contract. Discuss.
\n2.\u00a0<\/span><\/b>\u00a0 \u00a0Define Consideration. No consideration, no binding of performance, give exceptions to the rule.
\n3.<\/span><\/b>\u00a0\u00a0 \u00a0What is meant by a Void Agreement? What makes it different from a Void Contract? Write in detail the situations where an agreement is considered void abinitio.
\n4.<\/span><\/b>\u00a0\u00a0 \u00a0What is meant by contractual capacity? Discuss fully the status of the agreements made with a minor.
\n5.<\/span><\/b>\u00a0\u00a0 \u00a0Write the various modes in which a contract can be discharged. What remedies are available to an aggrieved party?
\n6.<\/span><\/b>\u00a0\u00a0 \u00a0Define Bailment?\u00a0 What are the rights and duties of bailor and bailee? How a contract of bailment is terminated?
\n7.<\/span><\/b>\u00a0\u00a0 \u00a0Distinguish between a contract of Indemnity and Guarantee. The discharge of principal debtor is the discharge of surety. Explain with illustrations.
\n8.<\/span><\/b>\u00a0\u00a0 \u00a0Define agency. How an agency is created? Write the duties of an agent and when his agency is terminated.
\n9.<\/span><\/b>\u00a0\u00a0 \u00a0Define Partnership. Explain the position of a minor in a partnership in detail.
\n10.\u00a0<\/span><\/b>\u00a0 \u00a0Differentiate between sale and an agreement to sell. What is meant by unpaid seller? Write in detail the rights of an unpaid seller.
\n11.<\/span><\/b>\u00a0\u00a0 \u00a0Define negotiable Instruments. Differentiate between a Cheque and a Bill of Exchange.
\n12.<\/span><\/b>\u00a0\u00a0 \u00a0Define Prospectus. Write the contents of a prospectus and what liabilities this document creates for the issuing authority.
\n13.<\/span><\/b>\u00a0\u00a0 \u00a0What is an Article of Association? How this document can be altered?<\/p>\n
\nElement of Mercantile Law by N. D. Kapoor
\nMercantile Law by M. C. Kuchhel
\nMercantile Law by M. C. Shukla
\nTop 20 Questions of Mercantile Law, Exam Cram Series of JBD<\/p>\n","protected":false},"excerpt":{"rendered":"