CSS Mercantile Law Past Paper 2016

Instructions specific to this paper

• Attempt ONLY FOUR questions from PART-II. ALL questions carry EQUAL marks.

Questions

1. Q. 220 marks

   Define Endorsement. Explain its kinds.

2. Q. 320 marks

   What do you understand by partnership? Elaborate the points of difference between partnership and company.

3. Q. 420 marks

   Define Contract. Explain the contracts which need not to be performed.

4. Q. 520 marks

   What do you understand by implied authority of a partner as an agent of the firm? Are there any acts which he cannot do under his implied authority?

5. Q. 620 marks

   Discuss the composition and functions of Competition Commission of Pakistan under the Competition Commission Act, 2010.

6. Q. 720 marks

   “None can transfer a better title like than he himself has”. Are there any exceptions to this rule?

7. Q. 820 marks

   Explain the terms and conditions of Transfers under the Electronic Fund Transfer Act 2007. What disclosures are required under such transfer?

Standard FPSC instructions

Printed on this and every CSS paper.

• Part-II is to be attempted on the separate Answer Book.
• All the parts (if any) of each question must be attempted at one place instead of at different places.
• Write Q. No. in the Answer Book in accordance with Q. No. in the question paper.
• No page/space be left blank between the answers. All the blank pages of the Answer Book must be crossed.
• Extra attempt of any question or any part of the attempted question will not be considered.