SEMESTER Fall 2024
MGT611-Business & Labor Law
Assignment
DUE DATE: 11th November 2024 MARKS: 10
Read the examples given below and answer the questions. (2.5 marks each)
a) A gang of thieves stole a high-value painting from a display in a local auction house. Later, they
sold it to a rich landlord at a very high price and split the proceeds equally. However, one person
in the gang could not receive a fair share of the proceeds. Mention the remedies available to the
aggrieved thief explaining the legal status of this contract.
b) Taha stole cash and some merchandise items from ABC Store. Basit, the owner of the store,
initiated legal proceedings against him to recover his loss. Taha immediately contacted Basit
offering him to return the stolen cash and merchandise items, if Basit takes back the suit. To his
fortunate, Basit accepted the offer. Discuss briefly the legal status of this agreement?
c) Yousuf promises Ibrahim to paint his horse after one month at an agreed payment of Rs. 50,000.
Before the completion of one month, Yousuf died. State whether the contract can be performed
or not. Also mention the legal status of this contract.
d) A businessman enters into a contract with a service provider which states that the service provider
must complete the specified work within an unrealistic timeframe, such as 24 hours, even though
the scope of the work requires at least a week to complete. What is the legal status of this contract?
Important:
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties.
This extra time should only be used to meet the emergencies and above mentioned due dates should
always be treated as final to avoid any inconvenience.
Important Instructions/ Solution Guidelines/ Special Instructions
DO YOUR WORK CLEAN & COMPLETE
Other Important Instructions:
Deadline:
• Make sure to upload the solution file before the due date on VULMS.
• Any submission made via email after the due date will not be accepted.
Formatting Guidelines:
• Use the font style “Times New Roman” or “Arial” and font size “12”.
• It is advised to compose your document in MS-Word format.
• You may also compose your assignment in Open Office format.
• Use black and blue font colors only.
Referencing Guidelines:
Use APA style for referencing and citation. For guidance search “APA reference style” in Google and
read various websites containing information for better understanding or visit
[Link]
Rules for Marking:
Please note that your assignment will not be graded or graded as Zero (0), if:
• It is submitted after the due date.
• The file you uploaded does not open or is corrupt.
• It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
• It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
Dear students!
As you know that Pre Mid-Term semester activities have started and load shedding problem is also
prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early
as possible without waiting for the due date.