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Seat No.: Enrolment No.
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA - SEMESTER -3 EXAMINATION - SUMMER 2019
Subject Code: 3539202 Date: 03/05/2019
Subject Name: Legal Aspects of Business (LAB)
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Time: 02:30 PM to 05:30 PM Total Marks: 70
Instructions:
- Attempt all questions.
- Make suitable assumptions wherever necessary.
- Figures to the right indicate full marks.
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Q1. Write short answers of - (2*7=14)
- Voidable contract
- Consumer
- Pollution
- Company
- MOA
- Agency
- Trust
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Q2. (A) “All the contracts are agreement but all the agreements are not contracts!” justify the statement with reference to Indian contract Act. (07)
Q2. (B) What is indemnity? What are the rights and responsibilities of an indemnifier? (07)
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OR
Q2. (B) What is minor? Can a minor enter into a contract? (07)
Q3. (A) Discuss the clauses of the MOA and AOA of a company. (07)
Q3. (B) What do you mean by directors? How can they be appointed or removed? (07)
OR
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Q3. (A) What do you understand by a partnership firm? Who can be a partner in a partnership firm? (07)
Q3. (B) What is partnership deed? How can it be implemented in a partnership firm? (07)
Q4. (A) What do you mean by trust? How can we construct a trust? What are the areas where a trust can work? (07)
Q4. (B) What is GST? What are the implications of CGST and SGST? (07)
OR
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Q4. (A) What is patent? How does it protect a company or organisation? Give a few good examples to prove your view. (07)
Q4. (B) What is water pollution? What are the measures taken by the government to control water pollution in India? Explain in detail. (07)
Q5.(A) A lady admitted her infant son in a private nursing home. The hospital gave a very strong dose of medicine given by a nurse; the child became mentally retarded on a permanent basis. The lady wants to make a complaint in the district forum seeking relief by the way of compensation as well as she wanted to establish an example in the society. Can she register a complaint in this case? Who is the consumer in this case? (07)
Q5. (B) Mrs. Mehta lost her husband in an accident. She was living separately from her husband but not divorced. Her brother-in-law did not allow her to do the funeral (cremation ceremony) of her husband until she signed property papers in favor of her brother-in-law. What can she do later? Explain the root cause of the case to solve the case. (07)
OR
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Q5. (A) A chemical factory is running a business of manufacturing plastic granules. The waste out of the process, which is partly hazardous, is directly disposed of at the shores of the sea. Is it the right way of disposing of the waste? What are the provisions of the water pollution & environment protection act related to this hazardous waste disposal? (07)
Q5. (B) A is a shareholder in Excel Ltd. In the AGM, he was not allowed to vote by the rest of the shareholders. What actions can he take? (07)
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