Spring 2012
Master of Business Administration - Semester 3 MB 0051: “Legal Aspects of Business (4 credits) (Book ID: B1207) ASSIGNMENT- Set 1 Marks 60 Note: Each Question carries 10 marks. Answer all the questions. 1. “All agreements are not contracts, but all contracts are agreements”.
Comment. 2. What are the essentials of a contract of sale under the sale of Goods Act, 1930? 3. Describe the main features of Consumer Protection Act 1986. 4. What are the duties and powers of an ‘authorised person’ under FEMA, 1999? 5. What do you mean by Memorandum of Association? What does it contain? 6. Write a note on the following: a. Copy Right Act b. PledgeSpring 2012
Master of Business Administration - Semester 3 MB 0051: “Legal Aspects of Business (4 credits) (Book ID: B1207) ASSIGNMENT- Set 2 Marks 60 Note: Each Question carries 10 marks 1) “Freedom to contract is a myth or an illusion”. Discuss 2) Distinguish between a contract of guarantee and a contract of indemnity. 3) What is Partnership? Briefly state special features of a partnership on the basis of which its existence can be determined under the Indian Partnership Act? 4) Distinguish between condition and warranty. State the circumstance under which a condition can be waived and treated as a warranty. 5) “A cheque is a bill of exchange drawn on a banker”. Comment. 6) Write short note on a. Digital signature b. Prospectus
Master of Business Administration - Semester 3 MB 0051: “Legal Aspects of Business (4 credits) (Book ID: B1207) ASSIGNMENT- Set 1 Marks 60 Note: Each Question carries 10 marks. Answer all the questions. 1. “All agreements are not contracts, but all contracts are agreements”.
Comment. 2. What are the essentials of a contract of sale under the sale of Goods Act, 1930? 3. Describe the main features of Consumer Protection Act 1986. 4. What are the duties and powers of an ‘authorised person’ under FEMA, 1999? 5. What do you mean by Memorandum of Association? What does it contain? 6. Write a note on the following: a. Copy Right Act b. PledgeSpring 2012
Master of Business Administration - Semester 3 MB 0051: “Legal Aspects of Business (4 credits) (Book ID: B1207) ASSIGNMENT- Set 2 Marks 60 Note: Each Question carries 10 marks 1) “Freedom to contract is a myth or an illusion”. Discuss 2) Distinguish between a contract of guarantee and a contract of indemnity. 3) What is Partnership? Briefly state special features of a partnership on the basis of which its existence can be determined under the Indian Partnership Act? 4) Distinguish between condition and warranty. State the circumstance under which a condition can be waived and treated as a warranty. 5) “A cheque is a bill of exchange drawn on a banker”. Comment. 6) Write short note on a. Digital signature b. Prospectus
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