13-10-2012, 12:31 PM
LEGAL ASPECTS OF BUSINESS Answer ALL questions
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1. What is a valid contract?
2. Describe performance contract?
3. What is the role of warranties in sales contract?
4. State the liability of a third party
5. What are the various types of companies?
6. What are the features of payment of bonus act?
7. State the significance of sales tax?
8. Why is prospectus important?
9. How does one define “ Cyber laws”?
10. Give the meaning of ‘holder in due course’.
PART B – (5X16 = 80 marks)
11. (a) Is corporate governance a relevant factor in the Indian context? Discuss
Or
(b) Discuss whether the available cyber laws are sufficient to curb the cyber crimes. Why? Why not?
12 (a). Discuss the features of breach of contract and the resultant remedies available
or
(b) Examine the special rules for cheques and drafts under the NI act of 1881.
13. (a) What are the powers, duties and liabilities of directors of a registered private limited company?
or
(b) Elaborate the process of winding up of companies
14. (a)Examine the features and the positive factors of corporate governance.
or
(b) Critically examine the Industrial Dispute Act provisions in Today’s context.
15. (a) Elucidate the significant features and the benefits of VAT.
or
(b) ‘Consumer Protection Act provisions are toothless’ Do you agree? Why? Why not?