ASSIGNMENT

DRIVE

SPRING 2015

PROGRAM

MBADS/ MBAFLEX/ MBAHCSN3/ MBA SEM 3

PGDBMN/ PGDENMN/ PGDFMN/ PGDHRMN/ PGDHSMN/
PGDIB/ PGDISMN/ PGDMMN/ PGDOMN/ PGDPMN/
PGDROMN/ PGDSCMN/ PGDTQMN SEM 1

SUBJECT CODE & NAME

MB0051-Legal Aspects of Business

BK ID

B 1725

CREDIT & MARKS

4 Credits, 60 marks

Note Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.

Questions

Q.No
1

Marks

Total Marks

Legal constraints tend to control or limit the discretion of businesses on the

grounds that absolute rights cannot be conferred in the modern society.
Comment.
Explanation

10

10

What is a contract? What test would you apply to ascertain whether an agreement
is a contract?
Explanation

10

10

Power of Attorney is considered as an important concept in Business Law.

Explain
Meaning

Types

Registration

10

A cheque is a bill of exchange drawn on a banker. Comment

Explanation

10

10

Explain the nature and scope of complaints under the Consumer Protection Act?
Persons competent to make complaints

Place of complaint

Procedure for filing a complaint

Admission of complaint

Power of the District Forum

10

Explain the need and types of meetings.

Need for meeting

Statutory meetings

Annual General Meetings

Extraordinary meetings

Class meetings

10