Assignments MB0035 Legal Aspects of Business (3 Credits) Set I Marks 60 Each Question Carries 10 Marks
Assignments MB0035 Legal Aspects of Business (3 Credits) Set I Marks 60 Each Question Carries 10 Marks
MB0035
LEGAL ASPECTS OF BUSINESS
(3 credits)
Set I
Marks 60
Each question carries 10 marks
1. What are the essentials for a Valid Contract? Describe them in details.
2. What are the rules regarding the accpetange of a proposal? Describe them in
details.
3. What is the difference between fraud and misinterpretation? What do you
understand by mistake?
4. What are the different ways in which a contract can be discharged? Describe these
ways in details.
5. What do you understand by Discharge of Instrument? What are the different ways
in which one or more parties to a negotiable instrument are discharged?
6. What do you understand by Arbitration? What are the objectives of the
Arbitration Act? What are the essentials for Arbitration Agreement?
ASSIGNMENTS
MB0035
LEGAL ASPECTS OF BUSINESS
(3 credits)
Set II
Marks 60
Each question carries 10 marks
1. What do you understand by the Offer of Proposal? What are the essentials of a
Valid Offer?
2. What are the effects of Minor’s Agreement? State in details.
3. What do you understand by Consideration? What are the rules governing
Consideration?
4. What do you understand by the ‘Negotiable Instruments Act’? What are the
different characteristics of the Negotiable Instruments?
5. What do you understand by Company? What are the characteristics of a
Company? What are the different types of company?
6. What do you understand by Cyber Crime? Explain the importance of the IT Act
2000.
Q.3 Write a note on Individual and Organizational knowledge conversion process. [10]
Development [10]