Copyright 2004. Amity.

Amity Center for eLearning

J-Block, Amity Campus
Sec-44, NOIDA (UP)
India 201303

ASSIGNMENTS

ADL-12 : BUSINESS LAW


Subject Name & Code : Business Law
Study Centre :
Permanent Enrollment Number (PEN) :
Student Name :


INSTRUCTIONS

a) Students are required to submit three assignments

ASSIGNMENT DETAILS MARKS
Assignment A Five Subjective Questions 15
Assignment B Three Subjective Questions + Case Study 15
Assignment C 42 Objective Questions 10

b) Total weightage given to these assignments is 40%.
c) All assignments are to be completed in your own hand writing/typed.
d) All questions are required to be attempted.
e) All the three assignments are to be completed by due dates (specified from time to time)
and mailed/given by hand for evaluation at the ACeL office Noida/your Study Centre.
f) The evaluated assignments can be collected from your study centre/ACeL office after six
weeks. Thereafter, these will be destroyed at the end of each semester.


Signature : _________________________
Date : _________________________


( ) Tick mark in front of the assignments submitted

Assignment 'A' Assignment 'B' Assignment 'C'




Copyright 2004. Amity.

ADL-12: Business Law
Assignment 'A'

Notes: Marks : 15
Answer all questions.
Credit will be given for conciseness, relevance, illustrations and quotations of applicable
law.

1. Explain the essential elements of a valid contract.
2. Enumerate the different remedies for breach of a contract. Explain one of the remedies.
3. Describe the procedure of incorporation of a public company limited by shares.
4. Describe the different methods by which a company may be dissolved.
5. Explained the implied conditions and warrantee in a contract for sale of goods.

ADL-12: Business Law
Assignment 'B'

Notes: Marks : 15
Answer all questions
Credit will be given for conciseness, relevance, illustrations and quotations of applicable
law.

1. Define a bill of exchange. Explain the salient features of a bill of exchange.
2. Explain some of the more important general principles of insurance.
3. Describe the rights and duties of an arbitrator.

Case Study

After going through the case study, answer the questions given at the end. Substantiate your
answers with the applicable law, where necessary.

Shyam Sunder admitted his only infant son in a private nursing home. As a result of a strong dose
of medicine administered by the nursing attendant, the child became mentally retarded.
Shyam Sunder made a complaint to the district forum seeking relief by way of compensation to the
extent of 21 lakhs on the ground that there was a deficiency in service by the nursing home.

1. What is the applicable law for handling the case?
2. Is the district forum the proper competent authority to whom the complaint should be
made?
3. Does Shyam Sunder's complaint give rise to a consumer dispute?
4. Who is the consumer in this case; Shyam Sunder or his infant son?
5. Is a private nursing home liable in such type of case under the consumer protection Act?
6. What, if any, is the limitation period for filing the complaint by a consumer?



Copyright 2004. Amity.


ADL-12: Business Law
Assignment 'C'

Note: All Questions carry equal marks Marks : 10

Answer True or False

1. An invitation to offer is a good offer
2. A quasi contract is not a contract at all
3. An agreement to agree is a valid contract.
4. An attempt at deceit which does not deceive is not fraud.
5. A stranger to a consideration cannot maintain a suit.
6. A married woman cannot enter into a contract.
7. A minor girl can enter into a contract.
8. For breach of a contract a party cannot claim compensation for loss or damage.
9. A contract for fire insurance is not valid.
10. A seller cannot convey a better title to the buyer than he himself has.
11. The ownership in goods passes only on delivery.
12. The present sale of future goods is an agreement to sell.
13. Risk follows ownership.
14. An agreement to sell is not a contract of sale.
15. Not negotiable crossing of a cheque stops its transferability.
16. A bill of exchange cannot be crossed.
17. A cheque is a promise to pay.
18. A cheque is always payable on demand.
19. A promissory note can be made payable to bearer on demand.
20. A crossed cheque can be encashed at a counter of the bank.
21. The first directors of a company are appointed at its statutory meeting.
22. A person applying for shares in a company in fictitious name is liable to be punished with
imprisonment.
23. A public company can never be converted into a private company.
24. A public company can have two or more managing directors.
25. A person can be a director of not more than 15 companies.
26. Insurable interest is not necessary in all types of insurance contracts.
27. Insurance contracts are based on utmost good faith.
28. A contract of life insurance is a contract of indemnity.
29. The consent of the insurer is necessary for an assignment of a life policy.
30. There must be at least three directors in a private company.
31. A person of 68 years cannot be appointed a director of a company.
32. A company can issue debentures with rights.
33. A company can issue shares without voting rights.
34. A private company can commence business without obtaining a certificate to commence
business.
35. A share certificate is conclusive evidence of the holder's title to shares.
36. There cannot be more than one District Consumer Forum in a District.
37. There are consumer protection councils at National, State and District levels.
38. Deficiency of service is not covered under the Consumer Protection Act.
39. The term 'consumer' does not include a person who obtains goods for resale.
40. There can be a settlement between the parties to the arbitration agreement during arbitral
proceedings.
41. The arbitral award can be set aside.
42. The Arbitral Tribunal can make interim award during the course of arbitration proceedings.