Mercantile Law · 2019

CSS 2019 Mercantile Law Paper

5 questions from this paper.

  1. Q1
    Explain the term consideration and state the exceptions to the rule: “No consideration, no contract”?
    Past paper Contract Act 1872 20 marks
  2. Q2
    Why does the State Bank of Pakistan Act, 1956 maintain that only State Bank can lawfully issue bearer notes and bills of exchange payable on demand?
    Past paper Negotiable Instruments Act 1881 20 marks
  3. Q3
    What do you understand by fixed and floating charges with reference to company law? Draw a distinction between the two types.
    Past paper Company Law 20 marks
  4. Q4
    What changes have been brought about in the rules of the memorandum of association of a company by the new law of 2017?
    Past paper Companies Act 2017 20 marks
  5. Q5
    What is the meaning of “services for consideration” in the consumer law and does it include the services of a doctor or a lawyer?
    Past paper Consumer Protection Act 2006 20 marks

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