Federal Public Service Commission (FPSC)
Competitive Examination for Recruitment to BPS-17 Posts under the Federal Government
Time Allowed: 3 Hours
MAXIMUM MARKS: 100 Marks
Paper : Mercantile Law
PART-II (Subjective) 80 Marks
Attempt ONLY FOUR Questions from PART-II. (20×4)
PART-II
Q. No. 2. What is misconduct? What remedy is open to the litigating party against whom an appointed arbitrator or umpire commits misconduct? Discuss.
Q. No. 3. What are the qualifications, powers, and liabilities of the director of a public limited company? In what circumstances does his office fall vacant?
Q. No. 4. What are the rules of evidence relating to a negotiable instrument?
Q. No. 5. When does the communication of a proposal, acceptance, and revocation become complete? How is revocation made?
Q. No. 6. What is the legal status of a contract entered into by a minor? Is it enforceable by law? If so, under what circumstances?
Q. No. 7. What do you mean by the implied authority of a partner? Discuss the liability of the firm for a partner’s act.
Q. No. 8. “A seller cannot convey a better title than he himself has.” Are there any exceptions to this rule? Discuss.
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