SEM 3 – MB 0051 LEGAL ASPECTS OF BUSINESS
SMU MBA WINTER 2015-2016 solved Assignments are available
Dear Students,
SMU MBA WINTER 2015 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 ”
ASSIGNMENT
| DRIVE | WINTER 2015 |
| PROGRAM | MBADS/ MBAFLEX/ MBAHCSN3/ MBA – SEM 3 |
| SUBJECT CODE & NAME | MB 0051
LEGAL ASPECTS OF BUSINESS |
| BK ID | B1725 |
| CREDIT | 4 |
| MARKS | 60 |
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
| Q.No | Question | Marks | Total Marks |
| 1 | Narrate the exceptions to the rule “No consideration no contract”
How is a contract discharged ? |
||
| Exception to the rule, “No consideration no contract”
Discharge of a contract |
5
5 |
10 |
|
| 2 | Narrate the rights and liabilities of a surety in a contract of guarantee. | ||
| Rights and liabilities of a surety in a contract of guarantee | 10 | 10 | |
| 3 | When and how is a partnership and firm get dissolved ? | ||
| Dissolution of partnership and firm | 10 | 10 | |
| 4 | Narrate the Latin maxim “Nemo dat quod non habet” and its exceptions in sale of Goods Act 1930.
A sells certain goods to B and promises to deliver the goods on the next day. But before delivery A sells and delivers the goods to C who buys those in good faith and without knowledge of the prior sale to B. Explain B’s remedy in such circumstances. A, B and C are three brothers who owned a 3-story building, each of them agreed to share a floor. The building was constructed by the supervision of A, who had a general power of attorney given by B and C. A, B and C contributed equally to the construction of the property. C was staying abroad and was supposed to occupy his flat at a later date. Meanwhile A sells |
||
| C’s flat to X by virtue of the general power of attorney. Give your comments. | |||
|
Narrate the Latin maxim “Nemo dat quod non |
5 |
10 |
|
| habet” and its exceptions in sale of Goods Act 1930. | |||
| A sells certain goods to B and promises to deliver | |||
| the goods on the next day. But before delivery A | 2 | ||
| sells and delivers the goods to C who buys those in | |||
| good faith and without knowledge of the prior sale | |||
| to B. | |||
| Explain B’s remedy in such circumstances. | |||
| A, B and C are three brothers who owned a 3-story | 3 | ||
| building, each of them agreed to share a floor. The | |||
| building was constructed by the supervision of A, | |||
| who had a general power of attorney given by B and | |||
| C. A, B and C contributed equally to the | |||
| construction of the property. | |||
| C was staying abroad and was supposed to occupy | |||
| his flat at a later date. Meanwhile A sells C’s flat to | |||
| X by virtue of the general power of attorney. | |||
| Give your comments. | |||
| 5 | Section 16 of the Companies Act, 2013 provides the rules for alteration of Memorandum of Association. Explain the rules. | ||
| Explain the rules for alteration of clauses in Memorandum of Association as per Section 16 of Companies Act, 2013 | 10 | 10 | |
| 6 | Narrate the prohibition of anti-competitive agreements and abuse of dominant position as per Competition Act, 2002. | ||
| Prohibition of anti-competitive agreements | 5 |
10 |
|
| Prohibition of Abuse of dominant position | 5 | ||
SMU MBA WINTER 2015-2016 solved Assignments are available
Dear Students,
SMU MBA WINTER 2015 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 ”
