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NMIMS University 2005 Diploma Business Administration Business Laws/Legal Aspects of Business - Question Paper

Saturday, 26 January 2013 11:55Web


NARSEE MONJEE INSTITUTE OF MANAGEMENT STUDIES
(DEEMED UNIVERSITY)
DISTANCE LEARNING PROGRAMMES IN MANAGEMENT
May 2005 exam
Business Laws/Legal Aspects of Business

DBM / DMM / DFM / DHRM /
PGDBM I /PGDMM I / PGDFM I / PGDHRM I

Date : 06.05.2005
Time : two PM TO five PM TOTAL MARKS : 100

I. ans any 5 ques.
II. All ques. carry 20 marks every.
III. Total no. of ques. is eight.

Q.1 All contracts are agreements but all agreements are not contracts. explain

Q.2 What is consent. When consent is stated to be not free. explain.

Q.3 explain the rights of unpaid seller.

Q.4 What is corporate veil. When it may be lifted. explain.

Q.5 Write short notes on the subsequent ( any 2 )

a) Statutory meeting
b) Doctrine of ultra-vires
c) Mis-statement in the prospectus
d) Role of the directors.

Q.6 explain the salient features of Competition Act 2002.

Q.7 Write short notes on the subsequent ( any 2 )
a) 3 tier machinery under consumer protection Act 1986.
b) Certifying Authority under IT Act 2000.
c) “Trips”
d) WTO.

Q.8 explain briefly whether the subsequent statements are actual or false.
a) Damages for breach of contract are granted by way of punishment
b) Wagering agreements are illegal in India.
c) There is no consideration in the contract of guarantee.
d) Private company must have a minimum paid-up capital of Rs. five lakhs.
e) Goods under sale of goods Act 1930 include actionable claim and money.



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