Exam Details
| Subject | legal aspects of busines | |
| Paper | ||
| Exam / Course | mba | |
| Department | ||
| Organization | solapur university | |
| Position | ||
| Exam Date | 17, December, 2018 | |
| City, State | maharashtra, solapur |
Question Paper
M.B.A. (Part (Semester (CBCS Pattern) Examination, 2018
legal aspects of busines (Paper VII)
Day and Date Monday, 17-12-2018 Total Marks 70
Time 2.30 p.m. to 5.00 p.m.
1. Multiple Choice Questions (one mark each) 14
Section 2 defines as "every promise and every set of
promise, forming consideration for each other".
Offer Agreement
Acceptance Contract
The state council shall meet as and when necessary but not less than
Meetings shall be held every year.
2 1
3 4
govern the management of internal affairs of a company.
Prospectus Memorandum of Association
Articles of association Audit Report
Negotiable means
Transferable by delivery Endorsement
Transfer Payable to order
is a mathematical scheme for demonstrating the authenticity
of a digital messages or document.
Digital Messages or document
Electronic Governance
Creative Design
Common Seal
Seat P
no.
Set
SLR-CL 7 *SLRCL7*
Set P
A partnership deed usually contain the particulars relating to
Name of firm and partners
Nature of business
Capital contribution by partners
All of these
is the official signature of the company.
Perpetual succession Common Seal
Legal entity Artificial person
Complaint in district forum is to be lodged if the value and compensation
of goods or service is
More than rupees 20 lakhs
More than rupees 20 lakhs upto 1 crore
Less than rupees 20 lakhs
More than rupees one crore
In promissory note number of parties is
2 1
3 None
10) The business of joint hindu family is controlled by
Partnership Act, 1932 The Hindu Law
Companies Act, 1956 JHU Act
11) The environment protection act was enacted in
1983 1984
1985 1986
12) means that the parties must have agreed upon the same thing
in the same sense.
Fraud Consent
Misrepresentation Mistake
13) In private partnership firms minimum number of members should not
exceed
3 2
4 7
14) Complainant means
Consumer Consumer Association
Central or state govt. All of the above
2. Write short notes on 14
Consumer Disputes Redressal agencies. 7
Bill of Exchange. 7
3. Write short notes on 14
Objectives and scope of Information Technology Act. 7
Characteristics of Partnership firm. 7
4. Attempt any one of the following 14
Define Contract. Elaborate essential elements of valid contract.
OR
Define company. Explain essential characteristics of it with Articles of
Association.
5. Case Study (any 14
D and E are the only members of a private company. All of them go
for a trip and there they meet with an accident. Whether the private company
remains into existence
"M" a furniture vendor entered into a contract with the company for furnishing
the office of the company. The company went into liquidation before obtaining
the certificate of commencement of business. Can M prove in the winding
up of the company for the price of the furniture supplied by him
The prospectus of the company stated that an application had been made
in the Chennai Stock Exchange for enlisting its share. On the faith of the
prospectus A purchased 20 shares in the company. Thereafter the Chennai
Stock Exchange refused to enlist the share of the company. Has A got any
remedy against the company
A is the sole proprietor of the form. He admits B as a partner on the following
terms
B is not to bring any capital
ii) B is not to be responsible for any loss
iii) B is to receive Rs. in lieu of profits
iv) B to have all the powers of the partners.
Discuss the legal status of B.
Y and Z enter into a partnership to execute a contract works. X secures
for the partnership works estimated to cost Rs. 1 lakh. He obtains the said
order only on payment of a sum of Rs. to a person in authority and
debits the sum in the account books item of expense. The other partners
object to the item. How would you decide
A and B are partners in a stationery business. A orders in firm's name and
on the firms letterhead to be supplied with 2 bags of wheat at his residence.
Is the firm liable to pay the debt
legal aspects of busines (Paper VII)
Day and Date Monday, 17-12-2018 Total Marks 70
Time 2.30 p.m. to 5.00 p.m.
1. Multiple Choice Questions (one mark each) 14
Section 2 defines as "every promise and every set of
promise, forming consideration for each other".
Offer Agreement
Acceptance Contract
The state council shall meet as and when necessary but not less than
Meetings shall be held every year.
2 1
3 4
govern the management of internal affairs of a company.
Prospectus Memorandum of Association
Articles of association Audit Report
Negotiable means
Transferable by delivery Endorsement
Transfer Payable to order
is a mathematical scheme for demonstrating the authenticity
of a digital messages or document.
Digital Messages or document
Electronic Governance
Creative Design
Common Seal
Seat P
no.
Set
SLR-CL 7 *SLRCL7*
Set P
A partnership deed usually contain the particulars relating to
Name of firm and partners
Nature of business
Capital contribution by partners
All of these
is the official signature of the company.
Perpetual succession Common Seal
Legal entity Artificial person
Complaint in district forum is to be lodged if the value and compensation
of goods or service is
More than rupees 20 lakhs
More than rupees 20 lakhs upto 1 crore
Less than rupees 20 lakhs
More than rupees one crore
In promissory note number of parties is
2 1
3 None
10) The business of joint hindu family is controlled by
Partnership Act, 1932 The Hindu Law
Companies Act, 1956 JHU Act
11) The environment protection act was enacted in
1983 1984
1985 1986
12) means that the parties must have agreed upon the same thing
in the same sense.
Fraud Consent
Misrepresentation Mistake
13) In private partnership firms minimum number of members should not
exceed
3 2
4 7
14) Complainant means
Consumer Consumer Association
Central or state govt. All of the above
2. Write short notes on 14
Consumer Disputes Redressal agencies. 7
Bill of Exchange. 7
3. Write short notes on 14
Objectives and scope of Information Technology Act. 7
Characteristics of Partnership firm. 7
4. Attempt any one of the following 14
Define Contract. Elaborate essential elements of valid contract.
OR
Define company. Explain essential characteristics of it with Articles of
Association.
5. Case Study (any 14
D and E are the only members of a private company. All of them go
for a trip and there they meet with an accident. Whether the private company
remains into existence
"M" a furniture vendor entered into a contract with the company for furnishing
the office of the company. The company went into liquidation before obtaining
the certificate of commencement of business. Can M prove in the winding
up of the company for the price of the furniture supplied by him
The prospectus of the company stated that an application had been made
in the Chennai Stock Exchange for enlisting its share. On the faith of the
prospectus A purchased 20 shares in the company. Thereafter the Chennai
Stock Exchange refused to enlist the share of the company. Has A got any
remedy against the company
A is the sole proprietor of the form. He admits B as a partner on the following
terms
B is not to bring any capital
ii) B is not to be responsible for any loss
iii) B is to receive Rs. in lieu of profits
iv) B to have all the powers of the partners.
Discuss the legal status of B.
Y and Z enter into a partnership to execute a contract works. X secures
for the partnership works estimated to cost Rs. 1 lakh. He obtains the said
order only on payment of a sum of Rs. to a person in authority and
debits the sum in the account books item of expense. The other partners
object to the item. How would you decide
A and B are partners in a stationery business. A orders in firm's name and
on the firms letterhead to be supplied with 2 bags of wheat at his residence.
Is the firm liable to pay the debt
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- marketing management
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- organisational behaviour
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