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FEDERAL PUBLIC SERVICE COMMISSION
COMPETITIVE EXAMINATION FOR
RECRUITMENT TO POSTS IN BPS-17 UNDER
THE FEDERAL GOVERNMENT, 2015
COMPETITIVE EXAMINATION FOR
RECRUITMENT TO POSTS IN BPS-17 UNDER
THE FEDERAL GOVERNMENT, 2015
MERCANTILE LAW
PART-II
Q. No. 2.
Briefly explain the modes of winding up of a company.
(20)
Q. No. 3.
Explain the provisions pertaining to the notice of dishonour of a negotiable instrument.
(20)
Q. No. 4.
How a firm is registered?
What is the effect of non-registration of a firm?
(20)
Q. No. 5.
When the property in the goods stands transferred from the seller to the buyer?
(20)
Q. No. 6.
What are the different powers of an arbitrator under the Arbitration Act, 1940?
What are the circumstances under which a court can remove an arbitrator?
(20)
Q. No. 7.
When consent is said to be free?
(20)
Q. No. 8.
Write short notes on any TWO of the following:
(a) Consequences of a breach of contract
(b) Indemnity and guarantee
(c) Condition and warranty
(10 each)
(20)
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Posted : August 26, 2026 7:18 am