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DRIVE
SUMMER 2017
PROGRAM
Bachelors of
Business Administration - MBA
SEMESTER
III
SUBJECT CODE
& NAME
BBA301
Legal and
Regulatory Framework
1- Describe the Essentials of a
Contract in detail
Essentials of a Contract
Answer: Following are the essentials of a valid
contract:
1. Proper offer and acceptance
·
Offer or proposal – When one person offers to willingly do or not to do something
in order
2- According to the Sale of Goods
Act, what are the Rights and Duties of Buyers?
Rights of Buyers
Duties of Buyer
Answer: According to the Sale of Goods Act, the buyer
has the following rights:
i)
Right to have delivery as per contract (Sec. 31
and 32). The first right of the buyer is
ii)
iii)
3- What are
the important Features of Partnership?
Features of Partnership
Answer: Features of Partnership
1. Existence of business: The objective of partnership must be to do some type of business. Business
here means any activity leading to earn profit.
2. Number of persons: There must be at least two or more persons to form a partnership firm.
The
3.
4- Describe
the structure & objectives of The Central Consumer Protection Council
Structure of The Central Consumer Protection
Council
Objectives of The Central Consumer Protection
Council
Answer: The CPA provides for the establishment of the
Central Consumer Protection Council (hereinafter referred to as the Central
Council). The Central Government has notified in the Consumer
5- Define Salient Features of
Competition Act
Salient Features of Competition Act
Answer: Competition is essential for innovation, strong
and effective markets, consumer interest and higher productivity in the
economy. Trade and competition laws are interrelated as both have the common
objective of achieving economic efficiency by improving business environment.
6- Discuss salient features of
Trade Mark Act, 1999
Salient features of Trade Mark Act, 1999
Answer: Salient features of Trade Mark Act, 1999
Get fully
solved assignment. Buy online from website
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or
plz drop a mail
with your sub code
we will revert
you within 2-3 hour or immediate
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