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All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Law - II - Question Paper

Friday, 01 February 2013 11:30Web
(a) Inchoate instrument
(b) Escrow
(c) Accommodation bill
(d) Trade bill
(e) Ambiguous instrument.
( 1 mark)

13. Which of the subsequent statements is false in respect of the electronic governance under the info Technology Act, 2000?
(a) Information can be rendered or made available in electronic form
(b) Digital signature is recognized as equal to affixing physical signature
(c) Documents needed to be filed under any legal regulations can be filed electronically
(d) Information needed to be retained under any legal regulations may be retained in electronic form
(e) Recognition of documents in electronic form provide a right to a person to insist the acceptance of a document only in electronic form.
( 1 mark)

14. Akash Khurana intends to file a claim for Rs.25,00,000 against Flywell Airlines for deficiency of service under Consumer Protection Act, 1986. The complaint is to be filed with
(a) District Forum
(b) State Commission
(c) High Court
(d) National Commission
(e) Supreme Court.
( 1 mark)

15. Which of the subsequent matters can be referred to arbitration?
(a) Matters relating to breach of contracts
(b) Industrial disputes
(c) Matrimonial matters
(d) Criminal proceedings
(e) Determination of guardianship.
( 1 mark)

16. Rampur Fertilizers Ltd., released its untreated chemical waste into a nearby canal that flowed through its premises. The regular release of the waste discolored the ground water in the vicinity and posed a great risk to the residents of the village who were residing just outside the premises of the company. The residents are proposing to file a case against the company for causing water pollution. Which of the subsequent statements is actual in respect of these circumstances?
(a) The company is not liable for causing water pollution as it is not engaged in any inherently dangerous industrial process
(b) The company is liable for causing water pollution as the quality of ground water has reduced
(c) The company is not liable for causing water pollution as its action has not directly led to discoloration of ground water
(d) The company is not liable for causing water pollution as the damage is caused in its premises
(e) The company is not liable for causing water pollution as discharge of any waste into water does not amount to water pollution.
( 2 marks)

17. Sarabjeet and Sridharan entered into an online agreement. The terms of the contract stipulated that the electronic record shall be binding on the receipt of the acknowledgement. Sarabjeet, who is the originator of the contract, has not received the acknowledgement as per the terms of the contract. Which of the subsequent statements is actual in respect of these circumstances under the info Technology Act, 2000?



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