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Posted By: Jagadeesan. D       Member Level: Silver       Posted Date: 17 Dec 2007

2007 Anna University M.B.A BA 1607 – Legal Aspects of Business - May / June – 2007 Question paper



Course: M.B.A   University: Anna University




M. B.A Degree Examination, May / June – 2007
First Semester
BA 1607 – Legal Aspects of Business
PART – A (10 X 2 =20 marks)
1. Explain Valid and Voidable contract.
2. Differentiate a Cheque and the Bill of Exchange.
3. Explain ‘Ultra vires action’.
4. What are warranties and conditions?
5. Industrial Dispute – Explain.
6. What is strike and lockout?
7. Explain VAT and Sales Tax.
8. What are the contents of Articles of Association?
9. Who is the Agent and Principal?
10. What is the significance of Cyber Laws?

PART –B ( 5 X 16 = 80 marks)

11. (a) Discuss in detail the various essential features of a valid contract.
Or
(b) What are the rights o the unpaid seller, under the Sale of Goods Act 1930?
12. (a) State the various important essential elements of a Negotiable Instruments.
Or
(b) State and elaborate the important duties and rights of an agent.
13. (a) Explain the various kinds of Companies which are recognized by the Companies Act, 1956.
Or
(b) What are the different methods of winding up of public company? Explain each in brief.
14. (a) State and explain the provisions of the Factories Act, regarding the employment of young persons and women in the Industries.
Or
(b) Explain the various machineries that exist under the Industrial Disputes Act, for the prevention, settlement and adjudication of Industrial disputes.
15. (a) Discuss the various direct and indirect taxes, with suitable examples.
Or
(b) Who is a consumer under the Consumer Protection Act? What are the rights of the consumer?





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