[Dec-13]

[MPRBA 202A/MPCBA 202A/MPRHR-202B]

MBA, Twinning MBA (CMU) & MHRM Degree Examination
II TRIMESTER
BUSINESS LAWS
(Effective from the admitted batch 201314)
Time: 3 Hours Max.Marks: 60
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Instructions: All parts of a section must be answered in one place only.
Figures in the right hand margin indicate marks allotted.
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SECTION-A

1. Answer any FIVE of the following:

Each answer should not exceed one page. (5x2=10)
a) Lawful object
b) Executory contact
c) Contract of Sale
d) Transfer of Property
e) Competency of principal
f) Agency
g) Voluntary Association
h) Perpetual succession
SECTION-B
Answer the following:
UNIT-I
2. a) Describe briefly contracts classified on the basis of extent of
performance 8
OR
b) Distinguish between void contracts and voidable contracts 8
UNIT-II
3. a) Define the term Contract of Sale. State the essential of a
valid contract of sale 8
 OR
b) Explain and illustrate the implied conditions and warranties in a
contract of sale as provide in the sale of goods act. 8
UNIT-III
4. a) Define the term: Agency. What are the essentials and legal
rules for a valid agency 8
OR
b) What are the various ways in which the relation of agency arises? 8
UNIT-IV
5. a) Define partnership. Discuss the element of partnership 8
OR
b) Explain various rights and obligations of partners 8
UNIT-V
6. a) How are the first and subsequent directors of a company are
appointed? 8
OR
b) State the circumstances laid down in the companies act for the
removal of directors from their post 8
SECTION-C
7. Case Study (Compulsory): 10
In Re. R.G. Film Ltd. (1953) 1 ALL E.R.615
An American company produced a film in India technically in the
name of a British Company, 90% of whose capital was held by the
president of the American company which financed the production
of the film. Board of Trade refused to register the film as a British
film which stated that English company acted merely as the
nominee of the American corporation.

Question:
Where a corporate faade is really only an agency instrumentality

[51,53,55/II T/213]