Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
DRIVE-
SPRING 2015
PROGRAM-
MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2 – 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
Q.1:
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
Answer:
Explanation
Persons are the subjects of law.
A person is an entity who has rights and duties. There are two kinds of
persons, natural and artificial. All human beings are natural persons. They are
tangible and visible. On the other hand, an artificial person is a metaphysical
body, intangible
Q.2:What
is a contract? What test would you apply to ascertain whether an agreement is a
contract?
Explanation
Answer:
Explanation
According to Section 2 (h) of the
Indian Contracts Act, 1872, a contract is an agreement enforceable by law made
between at least two
Q3.
“Power of Attorney is considered as an important concept in Business Law”.
Explain (Meaning, Types, Registration) 3, 2, 5
Answer:Power of Attorney
Power of attorney is defined by
Section 2(21) of the Stamp Act as including “any instrument not chargeable with
a fee under the law relating to court fees for the time being in force,” that
empowers “a specified person to act for and in the name of the person executing
it”. It is the
Q.4:
“A cheque is a bill of exchange drawn on a banker”. Comment
Explanation
Answer:
Explanation
A cheque is the usual method of
withdrawing money from an account with a banker. Savings bank account or
current account holders are permitted to operate by cheques provided, and a
certain minimum balance is to be maintained. A cheque, in essence, is an order
by the customer of the bankdirecting his banker to pay on demand, the specified
amount, to or to theorder of the person named therein or to the bearer. Section
6 defines a cheque.
The Amendment Act,
Q5.
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) 3, 1, 2, 2, 2
Answer:Persons competent to file a complaint
(Section 12)
Any of the following people may
file a complaint under the Act:
·
The
consumer to whom such goods are sold or delivered or agreed tobe sold or
delivered or such service provided or agreed to be provided.In case
Q6.
Explain the need and types of meetings. (Need for meeting, Statutory meetings,
Annual General Meetings, Extraordinary meetings, Class meetings) 2, 2, 2, 2, 2
Answer:
Need for meetings
A company is an artificial person
and therefore, must act through somehuman intermediary. The various provisions
of law empower shareholdersto do certain things. They are specifically reserved
for them to be done incompany’s general meetings. Section 291
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
No comments:
Post a Comment