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Master of Business Administration - Semester 3 MB 0051: Legal Aspects of Business (4 credits)

(Book ID: B1207)

Assignment (60 marks)
Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions. Q1. Discuss the nature and significance of business law. Q2. What is Partnership? Briefly state special features of a partnership on the basis of which its existence can be determined under the Indian Partnership Act?
10 marks (350-400 words) 10 marks (350-400 words)

Q3. Examine the rights of a consumer enshrined under the Consumer Protection Act, 1986.

10 marks (350-400 words)

Q4. What do you mean by bailment? What are the requisites of a contract of bailment? Explain.

10 marks (350-400 words)

Q5. Name the instruments which are recognized as negotiable instruments by the Negotiable Instruments Act, 1881.

10 marks (350-400 words)

Q6. a) Write short note on Intellectual property right. b) A leaves a cow in the custody of B to be taken care of. The cow gives birth to a calf. Who will take the calf and why?

5 + 5 = 10 Marks (200 - 250 words each)