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M.B.A (2019 Revised Pattern) 2023 Question Paper-22-23

The document outlines an MBA examination paper for the course 'Legal Aspects of Business' with a total of 5 questions. Candidates are required to answer all questions, with specific instructions regarding marks and question selection. The questions cover various legal concepts, including the Sales of Goods Act, types of contracts, and provisions under the Consumer Protection Act.

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34 views2 pages

M.B.A (2019 Revised Pattern) 2023 Question Paper-22-23

The document outlines an MBA examination paper for the course 'Legal Aspects of Business' with a total of 5 questions. Candidates are required to answer all questions, with specific instructions regarding marks and question selection. The questions cover various legal concepts, including the Sales of Goods Act, types of contracts, and provisions under the Consumer Protection Act.

Uploaded by

babajogdand96
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Total No. of Questions : 5] SEAT No.

P-3812 [Total No. of Pages : 2


[6025]-111
M.B.A. (Semester - I)
GE - UL - 05 : LEGAL ASPECTS OF BUSINESS
(III) (2019 Revised Pattern)
Time : 2 Hours] [Max. Marks : 50
Instructions to the candidates:
1) All questions are compulsory.
2) All questions carry equal marks.

Q1) Answer the following (any 5) : [2 marks each]


a) Define Goods as per sales of Goods Act.
b) What do you mean by “Nemo Ret Quod Non Habet” under sales of
Goods Act?
c) What do you mean by contingent contract?
d) Define Promissory Note.
e) Who is a Co-surety.
f) Name the two type of mistake of fact.
g) What do you mean by a Private Company?
h) What is an Article of Association?

Q2) Answer the following (any 2) : [5 marks each]


a) Distinguish between Sale & Agreement to Sale.
b) Distinguish between Guarantee & Warrantee.
c) Distinguish between Public & Private Company.

Q3) a) Explain the provisions related to discharge of contact by Agreement.[10]


OR
b) Explain the various types of Endorsement under Negotiable Instrument
Act.

P.T.O.
Q4) a) “A mere mental acceptance, not evidenced, by words or conduct is, in
the eye of law, no acceptance. “Explain the statement with examples.[10]
OR
b) “When an instrument on its maturity remains unsatisfied, the instrument
is said to be dishonoured”. Explain the statement with respect to Dishonour
of Negotiable Instrument.

Q5) a) Explain the legal provisions relating to state commission under the
consumer Protection Act, 1956. [10]
OR
b) What is meant by ‘under influence’? ‘A’ applies to a banker for a loan at
a time where there is stringency in the money market. The banker declines
to make the loan except at an unusually high rate of interest. A accepts the
loan on these terms. Whether the contract is induced by undue influence?
Decide.



[6025]-111 2

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