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IMT Assignments IMT-54: Business Law-AC3
 
Product Name : IMT-54: Business Law-AC3
Product Code : AC3
Category : IMT
Hand Written : Rs. 550    img
Soft Copy Type A : Rs. 150    img
Soft Copy Type B  : Rs. 300   img
 
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Description :

PART - A

 

1. What is contract? Give its essentials

 

2. ‘No Consideration No Contract’. Give its exceptions with illustrations

 

3. Write a note on Free Consent

 

4. Distinguish between Sale and Agreement to Sell

 

5. What is Bailment? What is Pledge? Explain with illustration.

 

PART - B

 

1. What is agency? Give various modes of creating agency.

 

2. What do you mean by IPR? Give various types of IPR in pictorial form

 

3. What do you mean by Negotiable Instruments? What is liability in case of dishonor of cheque?

 

4. Who is a Consumer under Consumer Protection Act,1986? Explain with illustration. Give pecuniary jurisdiction for various Consumer forums.

 

5. Write 5 lines each on TradeMark and Copyright.

 

 

PART - C

1. What is a company? Give its characteristics.

2. What is LLP? Give the procedure for registration of LLP in India. The answer should show steps of formation of LLP along with pictorial representation.

3. Write a note on Competition Law in India.

4. What is RTI? Do you think it is good for governance?

5. Write a note on ‘Doctrine of Ultra vires”

 

Case Study – 1

 

Ashok had sent a letter dated the 9th May 2009 to Virendra, which he had posted the same day, proposing that he would sell his sofa to him for ` 5,000. On the same day, i.e. on the 9th May 2009 itself, but without having the knowledge about the letter written to him by Ashok, Virendra had also sent a letter to Ashok, making an offer to buy his sofa from him for ` 5,000. These two letters had crossed each other in transit.

 

However, when Virendra received the letter of Ashok dated the 9th May 2009, proposing that he would sell his sofa to him for ` 5,000, he thought that there was a good contract, because the elements of buying and selling the same sofa was involved, and that too at the same price. Do you think that the aforementioned contention of Virendra is legally valid? Give reasons for your answer.

 

 Case Study – II

 

X agreed to sell to Y a parcel of 700 bags of groundnuts lying in his go down. Unknown to X, 109 bags had been stolen at the time of contract. X tendered delivery of 591 bags. Y declined to accept. State the legal position.

 
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