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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