Code No.: 9006 FACULTY OF MANAGEMENT M.B.A. | Semester Examination, December 2012/January 2013 BUSINESS LAW AND ENVIRONMENT Course No. 1.6 Time: 3 Hours] [Max. Marks: 80 SECTION-A (10*2=20 Marks) 1. a) Agreement b) Types of crossing c) Bailment 4) Crossing of a cheque e) Prospectus f) Statutory meeting g) District forum h) Patents i) Conciliation j) Economic problem SECTION-B (5*12=60 Marks) 2. a) What is a contract ? Give a classification of contracts. oR b) Examine the remedies for breach of contract. 3. a) Distinguish between sale and agreementto sell OR b) Define Promissory Note. Distinguish it from Bill of Exchange. 4, a) Explain the appointment and powers of directors of a company. OR b) Discuss the clauses in Memorandum of Association. 5. a) Write in detail about consumer disputes redressal machinery. OR b) Explain the significance of patents and trademark. 2 3. a) What are the factors involved in technological environment ? OR b) Write about social and cultural environment of business.