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DRIVE-
SPRING 2014
PROGRAM-
Bachelor of Business Administration- BBA
SEMESTER-
III
SUBJECT
CODE & NAME- BBA301
BK
ID- B 1595
CREDIT
& MARKS-4 Credits, 60 marks
Q.1: What are the
various kinds of agencies?
On the basis of extent
of authority
On the basis of nature
of work
ANS:
On the basis of extent
of authority:
Agents can be
classified into the following three types on the basis of the extent of
authority they enjoy:
i) Universal agents
hold broad authority to act on behalf of the Principal e.g., they may hold
a power of
Q.2:
Define the meaning of a ‘Cheque’. Explain the crossing of a cheque and its
types.
Meaning
of ‘cheque
Crossing
of a cheque’
Types
of crossing
ANS:
Meaning of ‘cheque:
Cheque as a “bill of
exchange drawn on a specified banker and not expressed to be payable otherwise
than on demand and it includes the electronic image of truncated cheque and a
cheque in the electronic form.”
Q.3: Explain different
types of share capital.
Explanation
ANS:
Explanation:
Share capital refers
to the capital issued by a company by the issue of shares. The share capital of
a company may be classified as follows:
Q.4: “CPA provides for the establishment of the
central consumer protection council”. Explain the objectives of the central
council in the light of the above statement.
Explanation of objectives
ANS:
Explanation of objectives:
The primary objective
of the Central Council is to promote and protect the rights of the customers.
These
Q.5: What are the salient features of
combination regulations under the Competition Act 2002?
Features
ANS:
Features
The salient features
of combination regulations are:
·
The
Act has set very high threshold limit based on turnover or assets of the
enterprises involved in combination for notification of combinations. The
objective is to keep smaller combinations
Q.6: List the features and precautions of Trade
mark Act, 1999.
Listing of features
Listing of precautions
ANS:
Listing of features:
1. Multi class
applications are allowed in India. However, statutory filing fees will be
applicable for each class.
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