M.B.A. DEGREE EXAMINATION, NOVEMBER 2017
Third Semester
Management studies
BUSINESS ENVIRONMENT AND LAW
(CBCS 2014 onwards)
Time 3 Hours Maximum 75 Marks
Part A (10 x 2 20)
Answer all questions.
1. What is meant by culture?
2. What is environmental scanning in business?
3. What is urbanization?
4. State any three directive principles of state policy.
5. What are existing goods?
6. Define "Consideration"
7. What do you mean by breach of contract?
8. When are goods said to be transit'?
9. What do you mean by "Complaint"?
10. Define Contract of insurance.
Sub. Code
4MBA3C1
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Part B x 5 25)
Answer all questions.
11. What are the features of business environment?
Or
List out the characteristics of joint family system.
12. What are the political institutions in a democracy?
Or
State the advantages of Socialism.
13. What are the characteristics of fraud?
Or
What are the duties and rights of finder of goods?
14. What are implied warranties?
Or
What are the rights of a buyer?
15. Explain the procedure for filing a complaint.
Or
Explain the fundamental principles of insurance.
Part C x 10 30)
Answer any three questions.
16. "Business environment and business performance are
interdependent"-Discuss.
17. Evaluate the current political environment of our
country.
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18. What are the rules relating to performance of reciprocal
promises?
19. When can non-owners pass a valid title to a buyer?
20. Discuss the right of a consumer under Consumer
Protection Act.1986.
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