CSS 2018 Mercantile Law Practice Material
4 questions from this paper.
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Q1
What do you know about the issuance of prospectus of a company? What matters are to be stated in it and what is the civil and criminal liability for mis-statement in prospectus?
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Q2
Discuss the procedure for registration of a firm. What are the consequences of non-registration of a partnership firm in Pakistan?
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Q3
Define 'Agency'. How is it created and under what circumstances can an agency relationship be terminated?
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Q4
What is meant by crossing of a cheque? Explain different types of crossing and their legal significance.
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