DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
First Semester
BUSINESS LAWS
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — × 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Define contract. Not all agreements are enforceable by
law. Why?
2. Strictly speaking a quasi-contract is not a contract at all.
Do you agree with this?
3. How many parties are there in a contract of indemnity?
4. State the rights of partners towards one another.
5. What are the consumer protection councils?
6. What are the characteristics of Fire insurance? What are
its kinds?
7. Briefly explain the secretary duties at the time meeting
of a company.
8. What do you mean by the term "maritime perils"? State
the kinds of marine policies?
Sub. Code
15
DE-2663
2
Ws3
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. List out the various rules of valid offer and acceptance.
10. "Impossibility of performance is, as a rule not an excuse
for non-performance of a contract" discuss.
11. What do you mean by lien? Distinguish between
particular lien and general lien.
12. Explain the rule of caveat emptor. Discuss the cases in
which the rule of caveat emptor does not apply.
13. "Good faith lies at the root of the insurance contracts".
Discuss the principle with special reference to fire and
marine insurance.
14. What do you mean by dissolution of a firm? Discuss the
different modes of dissolution.
15. What are the SEBI guidelines given for formation
company and issues of share to the public?
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