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Monday, June 23, 2014

Mid-Term & Final Examination Legal Aspects of Business


MANARAT INTERNATIONAL UNIVERSITY (MIU)
Department of Business Administration (DBA)
Program: BBA. Semester: Summer-2007. Section: M1, M2 & F
Mid-Term Examination-2007
Course Code: Bus 301. Course Title: Legal Aspects of Business
Time-1.30 Hours                                                                                                             Full Marks- 30  
                                                                                   SECTION-A                                                    (05x2=10)
1. (a) Define Contract as per Section 2(h) of the Contract Act-1872                                                                                    
    (b) Define Offer. Give an example of specific offer.                                                                                                           
   (c) When Acceptance is complete? Give an example.                                                                                                        
   (d) What is good Consideration?                                                                                                                                          
    (e) Distinguish between a Void & an Illegal Agreement.                                                                                                   
    (f) Who is a minor? What are the exceptions of the rules regarding Minor?                                                                       
    (g) Define Fraud. State the consequences of fraud.                                                                                                              

2. (a) As per Workmen’s Compensation Act-1923, state the Methods of Calculating Wages.                                              
    (b) Whoever shall be punishable with fine under Section-18A of WCA-1923?                                                                 
    (c) How a person is appointed as a Commissioner for Workmen’s Compensation under Section-20 of                              Workmen’s Compensation Act-1923?  Mention any two.                                                                                             
    (d) What prescribed particulars shall contain in a form of Application to a Commissioner for settlement? 
    (e) Mention 8 (eight) types of Injuries deemed to result in permanent partial disablement.                                              
    (f) Define “Total” & “Partial” disablement as per Section-2 of the WCA-1923.                                                           
   
3. (a) Define Buyer, Seller,& Goods as per the Sale of Goods Act-1930                                                                                                                                                      
   (b) Define Future goods with example.                                                                                                                               
   (c) When an Agreement to Sale becomes a sale?                                                                                                                 
   (d) When the sale-amount is paid as Advance and/or Earnest Money.                                                                               
   (e) Distinguish between Hire-purchase and Installment sale.                                                                                             
    (f) Differentiate between Condition and Warranty.                                                                                                            
    (g) Define- Delivery, Symbolic delivery & Constructive delivery.                                                                                     
      
# LAB/BUS-301/Mid-Term/Summer-2007//DBA/MIU/30062007/09.00-10.30 #


MANARAT INTERNATIONAL UNIVERSITY (MIU)
Department of Business Administration (DBA)
Program: BBA. Semester: Summer-2007. Section: M1, M2 & F
Final Examination-2007
Course Code: Bus 301. Course Title: Legal Aspects of Business
Time-03 Hours                                                                                                                         Full Marks- 50  
                                                                                   SECTION-A                                             (11x2=22)
1. (a) Define Hand-Note with a specimen as per the Negotiable Instrument Act-1881.                                                        
    (b) How can you differentiate between the Pro-Note and the Bill of Exchange? (Any five)                                            
   (c) Who can cross a cheque as per the Act thereof?                                                                                                             
   (d) Define Carrier. Is/are there any distinction(s) between common carrier and private carrier?                                    
   (e) State the rules regarding the general responsibilities of the railway administration as per the act thereof.                

2. (a) As per the PWA-1936, state the subject matters that do not include in the wages.                                                      
    (b) What kinds of deductions may be made from the wages as per Section 7(2) of the act?                                             
    (c) State Section 2(h) of the Factories Act-1965.                                                                                                                
    (d) State the rules regarding Health and Hygiene as per Section 12(1)(d) of the act.                                                       
    (e) Under what circumstances an adult worker shall be required/allowed to work in a holiday?                                      
   
3. (a) Define Joint Stock Company as per the Companies Act-1994                                                                                     
   (b) How does Private Company differ from Public Company? (Show any eight)                                                             
   (c) What do you know about the Articles of Partnership?                                                                                                  
   (d) State the two classifications of Unlimited Partnership.                                                                                                
   (e) Can a Minor be a partner? Why or why not?         

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