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 do you know about the issuance of a prospectus of a company? What matters are to be stated in it, and what is the civil and criminal liability for mis-statement in a prospectus?
Q. No. 3. Elaborate on the conditions and procedures for the registration of mortgages and charges under company law.
Q. No. 4. What do you know about the meetings and proceedings of a company? Explain in detail.
Q. No. 5. What is the difference between a contract and an agreement? Explain in detail the performance of reciprocal promises.
Q. No. 6. Define an arbitration agreement and elaborate on what the powers of the court are in appointing and removing arbitrator(s) as well as modifying and remitting the award.
Q. No. 7. Define a negotiable instrument and also explain the special rules of evidence under the Negotiable Instruments Act, 1881.
Q. No. 8. What do you know about the composition and functions of the Competition Commission of Pakistan under the Competition Commission Act, 2010?
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