MB0051 LEGAL ASPECTS OF BUSINESS – Spring 2016

DRIVE SPRING2016
PROGRAM MBA
SEMESTER III
SUBJECT CODE &NAME MB0051LEGAL ASPECTS OF BUSINESS
BKID B1725
CREDIT 4
MARKS 60

 

Note:Answerallquestions.Kindlynotethatanswersfor10marksquestionsshouldbeapproximatelyof400 words. Eachquestion is followed byevaluation scheme.

 

 

Q.No Question Marks TotalMarks
1

a)      Indicatethe sourcesofIndianLaw.

b)      Write noteson :

i)                    Ignoranceof Law

ii)                  LexMercantoria

A a)      Sourcesof IndianLaw

b)      Write noteson:

i)                    IgnoranceofLaw

ii)                   LexMercantoria

4

 

3

3

 

 

10

2 Narratethe facts and judgementin the case :

i.            HarveyVs.Facey

ii.            Peek Vs.Gurney

iii.            RanganayakammaVs.AlwarSetty

A Narrate the facts and judgement in the case :

i.            HarveyVs.Facey

ii.             PeekVs. Gurney

iii.             Ranganayakamma Vs.AlwarSetty

 

4

4

2

 

10

3 “A negotiableinstrumentmay be dishonouredeitherby non-acceptance or by non-

payment” Enumeratereferring to therules as laid down inthe Act.

A Modes ofdishonour ofanegotiable instrument aslaid down in the Act.  

10

10
4 Whoisanunpaidseller?Whataretherightsofanunpaidsellerunderextantprovisionsoflaw ?
A Who is anunpaidseller ?

Whataretherightsofanunpaidsellerunderextantprovisions of law ?

2

8

 

10

5 DescribethejurisdictionsofDistrictForum,StateCouncil,NationalcouncilandSupremeCourt of Indiaas perConsumerProtectionAct,1986.
A JurisdictionsofDistrictForum,StateCouncil,NationalcouncilandSupremeCourtofIndiaasperConsumerProtection Act, 1986.  

10

 

10

6 Enumerate thestepsto float a limitedcompany.

The companybeing an artificial person, how arethe affairs of acompanymanaged ?

A Procedure forfloatingalimited companyProcedureof companymanagement 5

5

 

10

 

 

 

SMU MBA SPRING 2016-2017

Dear Students,

SMU MBA SPRING 2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”