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 ”