Solapur University Question Paper
M.B.A. – I (Semester – I) Examination, 2014
LEGAL ASPECTS OF BUSINESS (Paper – VII)
Day and Date : Tuesday, 3-6-2014 Max. Marks : 70
Time : 3.00 p.m. to 6.00 p.m.
Instructions : 1) Q. 1 is compulsory.
2) Attempt any two questions from Q. 2, Q. 3 and Q. 4.
3) Attempt any two questions from Q. 5, Q. 6 and Q. 7.
1. Attempt following problem giving reasons for your answers (any 4) : 14
1) A agrees to sell to B “ a hundred tons of oil” is the agreement between A and
B is valid.
2) B son of A and A sells to B a horse which he knows to be unsound. A says
nothing to B about the horse’s unsoundness. Does A is silence amounts to
fraud.
3) X agrees to pay Y Rs. 1,000 and in consideration Y agrees to write for him
100 pages within five minutes. Is it a valid contract ?
4) A father and son who were the only members of private company died in an
accident. Does company also comes to an end.
5) X agrees with Y to draw two parallel lines in such a way that they will intersect
each other. Is agreement valid ?
6) ‘X’ promised to marry no one except miss Y and in default to pay her
Rs. 10,000/-. Miss Y sued X since he married someone else. Is agreement
valid ?
SLR-XY – 7
2. Attempt any two short notes : 14
1) Capital structure
2) Consequences of breach of contract
3) State Consumer Protection Council.
3. Attempt any two short notes : 14
1) Lay off and retrenchment
2) Importance of IT Act
3) Kinds of companies.
4. Attempt any two short notes : 14
1) Characteristics of negotiable instrument
2) Strikes and lockouts
3) Prospectus.
5. Define company and explain winding up of company. 14
6. Define contract and explain essential elements of valid contract. 14
7. Explain Consumer Dispute Retressal Forum and provisions relating to the same. 1
M.B.A. – I (Semester – I) Examination, 2014
LEGAL ASPECTS OF BUSINESS (Paper – VII)
Day and Date : Tuesday, 3-6-2014 Max. Marks : 70
Time : 3.00 p.m. to 6.00 p.m.
Instructions : 1) Q. 1 is compulsory.
2) Attempt any two questions from Q. 2, Q. 3 and Q. 4.
3) Attempt any two questions from Q. 5, Q. 6 and Q. 7.
1. Attempt following problem giving reasons for your answers (any 4) : 14
1) A agrees to sell to B “ a hundred tons of oil” is the agreement between A and
B is valid.
2) B son of A and A sells to B a horse which he knows to be unsound. A says
nothing to B about the horse’s unsoundness. Does A is silence amounts to
fraud.
3) X agrees to pay Y Rs. 1,000 and in consideration Y agrees to write for him
100 pages within five minutes. Is it a valid contract ?
4) A father and son who were the only members of private company died in an
accident. Does company also comes to an end.
5) X agrees with Y to draw two parallel lines in such a way that they will intersect
each other. Is agreement valid ?
6) ‘X’ promised to marry no one except miss Y and in default to pay her
Rs. 10,000/-. Miss Y sued X since he married someone else. Is agreement
valid ?
SLR-XY – 7
2. Attempt any two short notes : 14
1) Capital structure
2) Consequences of breach of contract
3) State Consumer Protection Council.
3. Attempt any two short notes : 14
1) Lay off and retrenchment
2) Importance of IT Act
3) Kinds of companies.
4. Attempt any two short notes : 14
1) Characteristics of negotiable instrument
2) Strikes and lockouts
3) Prospectus.
5. Define company and explain winding up of company. 14
6. Define contract and explain essential elements of valid contract. 14
7. Explain Consumer Dispute Retressal Forum and provisions relating to the same. 1
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