Download GTU MBA 2018 Summer 3rd Sem 830002 Legal Aspects Of Business Lab Question Paper

Download GTU (Gujarat Technological University) MBA (Master of Business Administration) 2018 Summer 3rd Sem 830002 Legal Aspects Of Business Lab Previous Question Paper

1
Seat No.: ________ Enrolment No.___________

GUJARAT TECHNOLOGICAL UNIVERSITY
MBA - SEMESTER ? III EXAMINATION ? SUMMER 2018

Subject Code: 830002 Date: 01/05/2018
Subject Name: Legal Aspects of Business (LAB)
Time: 02:30 pm - 05:30 pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.

Q.1 (a) What is a meaning of contract? Explain the essential elements of valid
Contract under the Indian Contract Act 1872.
07
(b) State briefly the law relating to competence of parties to a contract. 07

Q.2 (a) Define unpaid seller. What are his rights under the sale of goods Act. 07
(b) Give the meaning of and definition of proposal (offer) and also give the
essential elements of valid offer.
07
OR
(b) Differentiate between the contract of indemnity and contract of guarantee. 07

Q.3 (a) Define Memorandum of Association and its content. Distinguish it from
Articles of Association.
07
(b) Give the difference among district forum, state commission and national
commission.
07
OR
Q.3 (a) False and Misleading statements in a Prospectus attract both civil and criminal
liabilities? Discuss.
07
(b) Give the definition of free consent and explain the fraud and
Misrepresentation.
07

Q.4 (a) Explain the Objectives of Environment Protection Act, 1986 07
(b) Give the difference between Private company and Public company. 07
OR
Q.4 (a) Give the definition of sales. Explain the essential elements of valid sales. 07
(b) Explain parties involved in Negotiable Instrument. 07

Q.5 (a) How Articles of a company can be altered? Point out the effect and limitation
on alterations of Articles?
07
(b) Differentiate between Holder and Holder in due Course? State the privileges
available to Holder in due Course under Negotiable Instrument Act, 1881?
07
OR

Q.5 (a) What do you understand by the term patent? Describe the procedure for
obtaining a patent.
07
(b) Define Company Meeting and Discuss the different kinds of Meetings. 07

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