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    MBA Sem-1 Internal Test 2017 Business Legislation: Time: 100 Mins Marks: 40

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    vishwassaims
    The document outlines an internal test for an MBA seminar 1 business legislation course. It provides 7 questions related to business contracts, sale of goods, negotiable instruments, and other legal topics. Students are instructed to attempt any 5 of the 7 questions worth 8 marks each for a total of 40 marks. One sample question asks students to discuss the essential elements of a valid contract, explaining that not all agreements are considered contracts but all contracts are a type of agreement.

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    MBA Sem-1 Internal Test 2017 Business Legislation: Time: 100 Mins Marks: 40

    Uploaded by

    vishwassaims
    27 views1 page
    The document outlines an internal test for an MBA seminar 1 business legislation course. It provides 7 questions related to business contracts, sale of goods, negotiable instruments, and other legal topics. Students are instructed to attempt any 5 of the 7 questions worth 8 marks each for a total of 40 marks. One sample question asks students to discuss the essential elements of a valid contract, explaining that not all agreements are considered contracts but all contracts are a type of agreement.

    Original Description:

    question bank for bl

    Original Title

    BL QP 2017

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    The document outlines an internal test for an MBA seminar 1 business legislation course. It provides 7 questions related to business contracts, sale of goods, negotiable instruments, and other legal topics. Students are instructed to attempt any 5 of the 7 questions worth 8 marks each for a total of 40 marks. One sample question asks students to discuss the essential elements of a valid contract, explaining that not all agreements are considered contracts but all contracts are a type of agreement.

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    27 views1 page

    MBA Sem-1 Internal Test 2017 Business Legislation: Time: 100 Mins Marks: 40

    Uploaded by

    vishwassaims
    The document outlines an internal test for an MBA seminar 1 business legislation course. It provides 7 questions related to business contracts, sale of goods, negotiable instruments, and other legal topics. Students are instructed to attempt any 5 of the 7 questions worth 8 marks each for a total of 40 marks. One sample question asks students to discuss the essential elements of a valid contract, explaining that not all agreements are considered contracts but all contracts are a type of agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    MBA Sem-1

    Internal Test 2017


    Business Legislation
    Time: 100 Mins Marks: 40

    Note: Attempt any five questions.


    ---------------------------------------------------------------------------------------------------------------------------

    Q. 1 All agreements are not contracts but all contracts are agreements. Discuss the statement
    explaining the essentials of a valid contract. (8 M)

    Q. 2 Discuss the Remedies for the Breach of Contract. (8 M)

    Q.3 An aged couple (C and his wife) held out a promise by correspondence to their niece and her
    husband (Mrs. And Mr. P) that C would leave them a portion of his estate in his will, if Mrs. And
    Mr. P would sell their cottage and come to live with the aged couple and to share the household
    and other expenses. The young couple sold their cottage and started living with the aged couple.
    But the two couples subsequently quarreled and the aged couple repudiated the agreement by
    requiring the young couple to stay somewhere else. (8M)

    Q.4 Describe the salient features of the sale of Goods Act, 1930. (8M)

    Q.5 Explain the characteristic of Negotiable Instruments. (8M)

    Q.6 Explain the term holder and holder in due course. (8M)

    Q.7 S, a minor, borrowed Rs 5000 from L, a moneylender, by fraudulently misrepresenting that


    he was of full age. On default by S, L sued for return of Rs. 5000, and damages for the tor of
    deceit. Would L recover the sum? (8M)

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