Get fully
solved assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges rs 125/subject and rs
700/semester only.
our
website is www.smuassignment.in
if urgent then call us on
08791490301, 08273413412
DRIVE WINTER 2013
PROGRAM/SEMESTER
MBADS (SEM 4/SEM 6)
MBAFLEX/ MBAN2 (SEM
4) PGDIB (SEM 2)
SUBJECT CODE &
NAME
IB0017
–International Business Environment and International Law
BK ID -B1414
CREDIT & MARKS-
4 CREDITS, 60 MARKS
Q.1. Discuss the
salient features of FEMA and elaborate on the difference between FERA and FEMA.
(Features of FEMA, difference) 4,6
ANS:
Features of FEMA: we
will discuss the Foreign Exchange Management Act (FEMA) of 1999. The Act came
into existence on June 1, 2000 replacing the Foreign Exchange Regulation Act
(FERA) of 1973.
·
The
FEMA replaced FERA, as the latter was inadequate to deal with the consequences
of the post-liberalisation policies introduced in India. However, FEMA
maintained and promoted an orderly development foreign exchange market in
India.
Q.2. Explain the
various incoterms involved in international contract. (Incoterms) 10
ANS: Incoterms: When parties agree on transportation arrangements it
is a good idea to make use of Incoterms. This is a document published by
the International Chamber of Commerce ('ICC') in an attempt to
standardise the meaning of the terms describing different types of
agreements. The most recent edition is called Incoterms 2000 and parties
to a contract are free to adopt 'Incoterms 2000' as part of their contract by
expressly including the terms into the wording of the contract. Four groups of
contracts can be found under Incoterms 2000:
Q.3. What is
memorandum of Association? How is it different from Articles of Association? (MoA,
Difference with AoA) 6,4
ANS:
Memorandum of Association: we will learn about the
Memorandum of Association (MoA) and its contents. The section will also
focus on the Doctrine of Ultra Vires. The MoA is the most
important document of the company, without which it cannot be
registered. This document contains the fundamental conditions on which
the company is incorporated. It is often called as the constitution
Q.4. Write short
notes on:
a) WTO b) IMF
{ a) Meaning and objectives
of WTO, b) meaning and role of IMF} 5,5
ANS:
Objectives of WTO: In its preamble, the agreement establishing the
World Trade Organisation reiterates the objectives of GATT. These are:
raising standards of living and incomes, ensuring full employment,
expanding production and trade and optimal use of the world's resources.
The preamble extends these objectives to services and makes them more
precise.
Q.5. Discuss the
rights of an unpaid seller. What are the remedies available to the buyer against
seller for breach of contract? (Rights of unpaid seller, Buyer’s remedies) 5,5
ANS:
Rights of an unpaid seller: According to Section 45, a seller
of goods is deemed to be an ‘unpaid seller under the following
circumstances:
·
When
the whole of the price has not been paid or tendered.
·
When
a bill of exchange or other negotiable instrument has been received as
conditional payment and the condition on which it was received has not been
fulfilled by reason of dishonour of the instrument.
Q.6. What is technology
transfer? Discuss the methods of international technology transfer. (International
technology transfer, methods) 4,6
ANS:
Technology Transfer: The concept of technology
transfer is not new. In the thirteen century Marco Polo helped introduce
to the Western world Chinese inventions such as the compass,
papermaking, printing, and the use of coal for fuel. In Islamic countries,
knowledge of the technology of manufacturing paper came in AD 751
following a battle between Arab and Chinese forces in which the Chinese
were defeated. The Arab captured skilled Chinese paper manufacturers and
began to
Get fully
solved assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges rs 125/subject and rs
700/semester only.
our
website is www.smuassignment.in
if urgent then call us on
08791490301, 08273413412
No comments:
Post a Comment