Reg. No.

MBA Df,GREE EXAMINATION, NO\'EMBER 2015

Second Semester

MB132O6 LEGAI ASPECTS OF BUSINESS

(For the cantlidates aduittedjiom the acadenic yeat 2013 2011 onwards)
Time: Three

Hours

Max. Marks: 100

Answer ALL Questions

PART-A(10x2=20Marks)
(Answer should not exceed 30 words)

l.

Define Contract.

2.

What is contingent contnct?

3. Define Baillneflt.

4.

State the law relating to

5.
6.
7.
8.

Define Factory.

9.

Wlro is a consumer?

contiluing guarantee.

What is the main objective of Tmde Union Act?

Define Compary.

mat

is Memorandum of Association?

10. Give the

essence of

Infomation Technology Act.

PART-B(5x10=50Marks)
(Answer should not exceed 150 words)
I

l. a. Explain

in detail the essetrtial elements of a valid contmcL

(oR)

b.
12.

Differentiate contract of InderDnity ard guarattee.

a. Examine the duties

and rights

of an Agent.

(oR)

b.

Outline the characteristic feah[es of a contract of sale.

13. a. Discuss in detail the provisions ofthe factodes act coflceming safety,

(oR)

b.

Describe the procedwe of registation of Trade union and t}le

un ion.

vileges of registered hade

14. a. Explain in detail the different types of compary.

(oR)
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b. Distinguish
15.

between a pdvate and a public company.

a. Describe the salient featues ofthe consumer protection act. Enumemte also the aim and
objectives ofthe act.

(oR)

b. Explaio

the objectives offught to lnformation Act.

PART-C(2x15=30Marks)
Case study:

16. X detivered a coat to Y a dry cleanq for dry cteaning and took the receipt. On the back of
the receipt, certain conditions were printed in English language. One of the conditions
printed on the back was "the liability ofthe dry cleaner company shall be limited to 50%
of the cost ofthe goods." X however looked at the back of the receipt. X's coat was lost
and X claimed the actual value ofthe coat.
Discuss the legal positiotr in each of the followitrg alternatiYe cases:

a, (Answer shoutd not exceed

150

words)

(10 Marks)

If

there was nothing on the face of the rcceipt to draw the attention to the conditions
pdnted on the backside and X was a graduate in English.

b. (Arswer

should not exceed 75

words)

(5

M.rks)

on the face of the receipt the wotds 'see back' were pdnted in English but X did not
read it.

If
17.

a. (Alswer should not exceed

150

words)

a Hindu husband executed a registered document in favour ofY, his wife, whereby he
promised to pay {1000 / month. Later X did not pay. Can Y rccover from X ifthis promise

X,

was made without any disageement and quarrel between them? What
promise was made after disagreement and quarrel betwee[ them?

(Ansner should Dot exceed 75 words)

will

happen

if this

(r0 Marks)

watches delive$ certain watches to Q upon the condition that the

watches would remain P's property unit sold or paid for. Q fraudulently pledges the
watches with a money lender and obtains Rs 10,000. P on coming to know of the deal
between Q and money lender, challenges the "ptedge" and wants the watches back on the
ground that Q had no authority to pledge the watches. Decide whether P's contention is
valid and would thelefore get the watches back? Explain the provisions of the Sale of
Goods Act in this regard?

b. P, a manufacturer of

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