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BA9207 Legal Aspects of Business MBA Question Bank : sriengg.com

Name of the College : Srinivasan Engineering College
University : Anna University
Department : Management Studies
Degree : MBA
Subject Code/Name : BA9207 Legal Aspects of Business
Year : 1st
Semester : 1st
Document Type : Question Bank
Website : sriengg.com

Download Model/Sample Question Paper :https://www.pdfquestion.in/uploads/sriengg.com/3247-BA9207-LEGAL-ASPECTS-16-MARKS.pdf

Srinivasan Legal Aspects of Business Question Paper

Unit I

1.What is Business law and explain its sources?
2.Define contract and its essential elements?
3. Explain the kinds/types of contracts? Classify?

Related : Srinivasan Engineering College BA9206 Accounting For Management MBA Question Bank : www.pdfquestion.in/3243.html

4. Explain about Capacity to Contract?
5. Write about discharge of contract or Modes of Discharge of contract?
6. What do you mean by contract of sale of Goods? Explain its Essentials.
7. Explain the Distinction between ‘Sale’ and ‘Agreement to sell’.
8. What do you mean by Implied Condition &Warranty (or) Implied conditions and warranties?
9. Explain the Rights of unpaid Seller?

Unit II

1. Explain the Kinds/Types/Classification of companies?
2. Write about the process of formation of a company?
3. Define Memorandum of association & explain its contents?
4. What is meant by Articles? Or Define Articles of association and state its requirements?
5. Distinguish between Memorandum of association and Articles of association?
6. Define prospectus – conditions and objects?
7. What is meant by Winding up? State the methods of winding up of a company?

Unit III

1. Explain the provisions of Factories Act.
2. State the provisions of Minimum wages Act.
3. Explain the mechanism available for settlement of disputes.
4. Explain the payment of wages Act in detail.
8. Explain the choice of retail locations
9. Explain the internal and external atmospherics
10. Describe the positioning of retail shops
11. Explain the building retail store image
12. Discuss the retail service quality management
13. Explain the retail supply chain management
14. Describe the retail pricing decisions

Unit IV

1. Explain the Income tax provisions under various heads.
2. Explain VAT Applicability in detail.
3. Elucidate the Provisions in VAT.

Unit V

1. Explain the Provisions of Consumer Protection Act.
2. Explain the Cyber crime in detail.
3. State the Patents, copy rights and IPR in detail.

Economic Analysis For Business

1. Define consumer behavior :
Consumer behavior is the study of when, why, how, and where people do or do not buy a product. It blends elements from psychology, sociology, social anthropology and economics.

It attempts to understand the buyer decision making process, both individually and in groups. It studies characteristics of individual consumers such as demographics and behavioral variables in an attempt to understand people’s wants.

It also tries to assess influences on the consumer from groups such as family, friends, reference groups, and society in general.

2. What is consumer equilibrium? :
When consumers make choices about the quantity of goods and services to consume, it is presumed that their objective is to maximize total utility.

In maximizing total utility, the consumer faces a number of constraints, the most important of which are the consumer’s income and the prices of the goods and services that the consumer wishes to consume.

The consumer’s effort to maximize total utility, subject to these constraints, is referred to as the consumer’s problem.

The solution to the consumer’s problem, which entails decisions about how much the consumer will consume of a number of goods and services, is referred to as consumer equilibrium.

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  1. A sees a rare book displayed in a shop. It is labelled-First edition Rs 15/-. A enters the shop and puts Rs15 on the counter and asks for the book. The book seller does not agree to sell saying that the real price of the book is Rs 50/- and it had been marked as Rs 15/- by mistake. If the book seller bound to sell the book for Rs 15/-? Give reasons

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