(MBA)BUSINESS LAWS

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COMMON FOR M.B.A. (G)/B &F/EM/HM/IB/T/
PM/HRM/RM/LM/TM/CM/MM/FM/SM/CS/ (P&OM) DEGREE
EXAMINATION, MAY 2018.
Second Semester

BUSINESS LAWS
(Upto 2013-14 Academic Year and 2014 Calendar Year
Onwards)
Time : Three hours Maximum : 100 marks

SECTION A — (5 x 8 = 40 marks)
Answer any FIVE questions.
All questions carry equal marks.

1. What are the essentials elements of a valid contract?

2. ''All agreements are not contract but all contracts are
agreement''– Discuss.

3. Briefly explain the different types of agents.

4. What are the differences between sale and agreement to
sell?

5. Discuss the rights of a surety.

6. Define partnership deed. Discuss its contents.

7. What are the advantages of registration of a partnership
firm?

8. Discuss the essentials of a company meeting.

SECTION B — (4 × 15 = 60 marks)
Answer any FOUR questions.
All questions carry equal marks.

9. Describe the various kinds of contract.

10. What are the different modes of creation of a agency?

11. Explain the implied conditions and warranties in contract
of sale of goods Act, 1930.

12. Discuss the essential features of negotiable instruments.

13. Narrate the fundamental principles of insurance.

14. Define partnership. Explain the various kinds of
partners.

15. Explain the different modes of winding up of a company.

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