DISTANCE EDUCATION
M.B.A.(IB) DEGREE EXAMINATION, MAY 2017.
Second Semester
LEGAL ENVIRONMENT OF INTERNATIONAL BUSINESS
(Upto 2012 2013 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
PART A — 8 40 marks)
Answer any FIVE questions.
1. State the obligations of the seller in international sale.
2. Explain the powers of Central Government under Foreign
Trade (Development and Regulation) Act.
3. Explain the provisions relating to patent application.
4. Explain the remedies for violation of trade mark rights.
5. Write a detailed note on 'Arbitral award'
6. Explain the rules of foreign exchange possession and
retention under FEMA Act.
7. What are the provisions of FEMA Act relating to Foreign
Technology Agreement?
8. Describe about the rights of patentee.
Sub. Code
25
DE-406
2
wk16
PART B — × 15 60 marks)
Answer any FOUR questions.
9. Explain the rules concerning about damages in
international sale of goods.
10. Describe the procedure involved in getting Import and
Export licence under FTDR Act.
11. Explain the provisions of Patents Act, 1970 with regard
to drugs.
12. What is meant by registration of trade mark? Explain the
effects of such registration.
13. Enumerate the steps involved in the domestic arbitration.
14. Explain the provisions of FEMA Act with regard to
receipts and payments to resident outside India.
15. Discuss the various exemptions from FTDR Act.