MB 108

*MB108*

Second Semester M.B.A. Examination, January 2015

MANAGEMENT
Course 8 : Business Law
Time : 3 Hours

Max. Marks : 75
SECTION A

1. Answer all the sub-questions. Each sub-question carries 2 marks.

(52=10)

a) Name the different kinds of partners.

b) Define contract of agency.
c) What is Bill of exchange ?
d) Define agreement.
e) Define contract of indemnity.
SECTION B
Answer any two questions. Each question carries 10 marks.

(210=20)

2. Discuss consumer dispute re-dressal agencies in district level and state level.
3. Distinguish between a bill of exchange and promissory note.
4. Explain the role of consumer protection councils.
5. Explain the essential features of a partnership.
SECTION C
Answer any three questions. Each question carries 15 marks.

(315=45)

6. Examine the different modes of dissolution of partnership firm.

7. Examine the various modes of discharge of contract.
8. Examine the provisions relating to patents and copy rights.
9. Explain the organization structure of WTO.
10. A contract without consideration is void. Explain it with exceptions.
11. Explain the presumption that are made with reference to negotiable instruments.