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Code: 9E00302
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MBA III Semester Supplementary Examinations November/December 2017
BUSINESS LAW & REGULATION
(For students admitted in 2013 only)
Time: 3 hours
Max. Marks: 60
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- Briefly explain the nature of contract and explain the offer and acceptance with example
- What are the important aspects that you should check when you receive a cheque from a customer?
- Write about the general rule that an agent is neither liable nor entitled under contract which he makes on behalf of the principles. What are the exemptions to this rule?
- Discuss briefly about the various kinds of companies.
- Briefly write about the company meetings with examples.
- Elucidate the significance of residential status in income tax act. 1961.
- Write about the basic concepts related to excisable goods.
- Briefly explain the scope and application of IT act.
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