J-1897 June 2021 Master of Business Administration (MBA) Examination (Full Time) (New) Fourth Semester FT-401-C : BUSINESS LEGISLATION [Max. Marks 80 Special Note : Word limit for answer of each question is 250 to 300 words. Note: Attempt any four questions from Section A. Each question carries 15 marks. Section B is compulsory and carries 20 marks. Section A. 1, Define goods as per Sale of Goods Act, 1930. State the implied conditions in a Contract of Sale of Goods. 2. Define Negotiable Instrument as per the provisions of the Negotiable Instruments Act, 1881 Discuss the provisions relating to negotiation and assignments. What are the various provisions under the Companies Act, 2013, pertaining to the lifting of the Corporate Veil ? Explain. 4, “Consumer Protection Act, 2019 has succeeded in its objective of consumer protection by minimising exploitation of consumer.” Explain. 5. State briefly mutual rights and liabilities of partners in a Partnership Firm. 6. Discuss the offence of Hacking as Cyber Crime under Information and Technology Act, 2000. Section B 7. Answer the following : (a) Sunil induced Anil to buy his car saying that it was in a very good condition. After taking the car, Anil complained that there were many deficits in the car. Sunil proposed to get repaired and promised to pay 40% cost of repairs. After a few days, the car did not work at all. Now Anil wants to rescind the Contract. Decide giving reasons. (b) Husband promised a gold necklace to wife at the time of their marriage. Husband fails to bring the necklace, Can wife claims the necklace ? 100 -12lel-