May 2012

Master of Business Administration - Semester 3 MB0051: Legal Aspects of Business (4 credits)

(Book ID: B1207)

ASSIGNMENT- Set 1 Marks 60

Note: Each Question carries 10 marks. Answer all the questions.

1. 2. 3. 4. 5. 6.

What are the sources of law? Explain. What is meant by contract? Explain about quasi contracts What are the rights of consumer under consumer protection act? Explain the purpose and meaning of contract of guarantee. What is partnership? Explain the nature of partnership under law of partnership. Write a note on the following on Copy Right Act.

May 2012

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

(Book ID: B1207)

ASSIGNMENT- Set 2
Marks 60 Note: Each Question carries 10 marks

1) 2) 3)

Explain different modes of discharge of contracts. Distinguish between a contract of guarantee and a contract of indemnity. Briefly state special features of a partnership on the basis of which its existence can be determined under the Indian Partnership Act?

4)

Distinguish between condition and warranty. State the circumstance under which a condition can be waived and treated as a warranty.

5) 6)

What is meant by Memorandum of Association? Explain in brief. Write short note on Right to Information Act.