Brindavan College of Engineering

Dwaraganagar, Yelahanka, Bangalore main road

Bangalore -63
Department of Management Studies

3rd Internal , 2nd Sem MBA, June 2019

Sub: Legal & Business Environment Max time: 90 minutes

Sub code: 18MBA14 Max marks : 50

Note: Answer any 2 questions in Section-A.

Section-B is compulsory.

Section-A

1. a) Define Company? (03 mark)

b) Explain the Lifting of corporate Veil. (07 mark)
c) Explain the types of company? (10 mark)

2. a) What do you mean by ‘Member’ [Section 41]? (03 mark)

b) Explain the rights & liabilities of members. (07 mark)
c) Explain the consequences of misstatement in prospectus [Section 56 to 59]. (10 mark)

3 a) What is meant by political environment? (03 mark)

b) Explain impact of Socio-Cultural environment on Business. (07 mark)
c) Explain the objectives & functions of WTO. (10 mark)

Section-B

4. Briefly explain Economic sectors and their Contribution to the Economy. (10 marks)