Code No. 9036 FACULTY OF MANAGEMENT M.BA. |— Semester Examination, February 2013 Course No. - 1.6 ‘Subject : Business Law and Environment. Time : 3 Hours Max. Marks: 80 24a) (b) 3.) (b) 4a) Sa) (b) 6.(a) ) PART — A (10x2=20 ‘White short notes on the following in about 80 words each and at one place only. (b) Indemnity vs. Guarantee (c) Memorandum of Association Powers of Directors. PART — B (6x12=60 Marks) Answer alll the questions using the intemal choice . Explain the importance of contracts. What are the Remedies for breach of contract? OR Explain the essential elements of a valid contract. Distinguish the various important features of Sale of Goods Act. OR Explain ()) Promissory Note (b) Cheque (i) Bill of Exchange What are the essentials for formation of company? OR Explain the code of conduct for Board meetings. Explain the role of consumer councils in consumer protection. OR Explain the salient features of competition law. Explain the role of technology in competitive success. * OR ‘What is the role of socio cultural factors in the growth of Business? Explain with Suitable examples.