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Wednesday 13 May 2015

NMIMS Assignments 2015 : Sem 2 : contact us for answers at assignmentssolution@gmail.com

NMIMS Global Access
School for Continuing Education (NGA‐SCE)
Course:   Business Law
Semester: II / IV
Q.1 What is Breach of Contract? Describe the manner in which of breach of contracts occurs and
the remedies available for addressing such breaches?
Q.2 A obtains 5 different loans from B in the following manner
Month Amount Interest
November 2014  20,000  20%
December 2014  40,000  5%
February 2015  10,000  10%
A decides to make repay only a sum Rs. 50,000/- in April, 2015. Please explain taking the above
example as how the debts shall be appropriatedas per Clayton’s Rule of Appropriation of
Payment under the Contract Act.
Q.3 : Right to Information is one of finest gems institutionalizing and cherishing Democracy in
India. Please explain the statement highlighting the features of Right to Information Act and give
at least 2 examples of how Right to Information has brought transparency and accountability?
***************
March 2015  10,000  15%
Total 80,000

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