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    Mba 1 Sem Business Law 18mba108 v2 2020

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    rutuparnamohanty28

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    Mba 1 Sem Business Law 18mba108 v2 2020

    Uploaded by

    rutuparnamohanty28
    6 views2 pages

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    mba-1-sem-business-law-18mba108-v2-2020

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    6 views2 pages

    Mba 1 Sem Business Law 18mba108 v2 2020

    Uploaded by

    rutuparnamohanty28

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

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    Registration No :

    Total Number of Pages : 02 MBA


    18MBA108
    1st Semester Regular Examination 2019-20
    BUSINESS LAW
    BRANCH : MBA, MBA (A & M), MBA (M & F)
    Max Marks : 100
    Time : 3 Hours
    Q.CODE : HR965
    Answer Question No.1 (Part-1) which is compulsory, any EIGHT from Part-II and any TWO
    from Part-III.
    The figures in the right hand margin indicate marks.

    Part-I
    Q1 Only Short Answer Type Questions (Answer All-10) (2 x 10)
    a) Explain the concepts of unilateral mistake and bilateral mistake with examples for
    each.
    b) What is consensus ad idem? What happens if it is absent?
    c) Discuss the legal effect of a counter offer
    d) Can a contract be terminated on the ground of non-fulfillment of one of the major
    objectives for which it is entered into? Explain with example
    e) Distinguish between general lien and particular lien.
    f) Explain perpetual succession of a company.
    g) How could you ascertain that a company is a public limited company and not a private
    company?
    h) If the Company has not mentioned the names of First Directors in its AOA, then who
    will be the directors?
    i) What is deficiency in service? What are the services considered as covered under
    COPRA?
    j) What do you mean by hire purchase sale?

    Part-II
    Q2 Only Focused-Short Answer Type Questions- (Answer Any Eight out of Twelve) (6 x 8)
    a) Discuss the legality relating to making an agreement with a boy of 15 years old who
    wants to sell a portion of his property
    b) It is often said that consideration is the price of a contract. Is it true? State when there
    can be a co tract even without any price?
    c) You cannot always take the plea that the contract could not be performed due to
    impossibility subsequent to the contracting date. State when you can avoid a contract
    validly on this ground.
    d) If your counterparty failed to discharge his responsibility under the contract, what types
    of damages you can claim against him?
    e) A seller has sold you defective goods to you. What actions you can take against him?
    Also write when and how?
    f) You have given your bike to your friend who has desired to go to Puri. You have not
    charged any money from him. He meets with a road accident and the bike got severely
    damaged. What action you can take against him? Your friend claims that you should
    have warned him about the defects in brake and horn.
    g) While going on a pilgrimage, your neighbor has left a cow with you. On return he finds
    that the cow has given birth a calf. He demands return of the cow and the calf. You say
    “I would give both on one condition that you must compensate all expenses incurred
    for the maintenance of the cow and the calf.” He says no. during absence he has
    consumed milk and sold milk items too, So he would not pay anything. Decide the
    case.

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    h) Discuss the principles of Caveat emptor.


    i) What are the situations when an agency could be created by necessity?
    j) What are the provisions regarding incorporation of a public limited company?
    k) When can a company be liquidated?
    l) What is a special resolution? How is it different from an ordinary resolution?

    Part-III
    Only Long Answer Type Questions (Answer Any Two out of Four)
    Q3 Discuss how a contract comes to an end. (16)

    Q4 Who is an unpaid seller? State his rights against goods and person. (16)

    Q5 What are the powers and procedure for redressal of a consumer grievance by the (16)
    machineries available under the act?

    Q6 Discuss the pre requisites for convening a meeting of shareholders. (16)

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