ASSIGNMENT
DRIVE SPRING 2015
PROGRAM MBADS/ MBAFLEX/ MBAHCSN3/ MBA – SEM 3
PGDBMN/ PGDENMN/ PGDFMN/ PGDHRMN/ PGDHSMN/
PGDIB/ PGDISMN/ PGDMMN/ PGDOMN/ PGDPMN/
PGDROMN/ PGDSCMN/ PGDTQMN – SEM 1
SUBJECT CODE & NAME MB0051 -Legal Aspects of Business
BK ID B 1725
CREDIT & MARKS 4 Credits, 60 marks
Note – Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.

Q.No Questions Marks Total Marks
1 Legal constraints tend to control or limit the discretion of businesses on the
grounds that absolute rights cannot be conferred in the modern society.
Comment.

2 What is a contract? What test would you apply to ascertain whether an agreement is a contract?

3 “Power of Attorney is considered as an important concept in Business Law”.
Explain

4 “A cheque is a bill of exchange drawn on a banker”. Comment

5 Explain the nature and scope of complaints under the Consumer Protection Act?

6 Explain the need and types of meetings.