Mercantile Law Past Papers 2017

Q. No. 2.

Discuss the circumstances in which the veil of incorporation may be pierced in Pakistan, referring to the relevant case law and statutory provisions.

(20)

Q. No. 3.

Describe the legal rules and limitations for altering the Memorandum and Articles of Association of a company.

(20)

Q. No. 4.

Describe the features of partnership and the legal status of a minor partner in a partnership.

(20)

Q. No. 5.

Discuss the creation and legal effects of agency relationship in law.

(20)

Q. No. 6.

Distinguish negotiable instruments by statute and explain the liability of parties to these instruments.

(20)

Q. No. 7.

Discuss the nature and scope of Section 4 of the Competition Act, 2010 regarding prohibited agreements.

(20)

Q. No. 8.

In the presence of an arbitration agreement, discuss the legal aspects of the power of the judicial authority to stay legal proceedings under the Arbitration Act, 1940.

(20)

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