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Reg. No Name:
AP.I ABDUL KALAM TECHNOLOGICAL UNIVERSITY
SECOND TRIMESTER MBA DEGREE EXAMINATION July 2017
MBA 26: BUSINESS LAW
Max. Marks: 60 Duration: 3 Hours

Part A
Answer all questions. Each question carries 2 marks

1. What is the best way to protect an industrial innovation?

2. What kind of meeting a public limited company can hold at the time of urgency?
3. why Articles of Associations is consider as preamble of a company?
4. Who can be called as an unpaid seller?
5. Elucidate characteristics of Negotiabie Instrument
:
(5x2 marks 10 marks)
Part B
Answerany3questions.Eachquestioncarriesl0marks
6. Your company is going to enter the contract with another company for the
thing
supply of r.u,, maieriais to your company. As a manager, what are the essential
wt ictr-you take into consider while entering into a contract?
i . ,,The fundamental attribute of corporate personality is that the company is an artificial
legal entity from the members". Comment. Explain the doctrine of lifting
the corporate
veil
8. What is the relevance of Bi1l6f Exchange and how it differs from cheque?rights of an
9. Explain the salient features of Sale of Goods Act, 1930. Discuss about the
unpaid seller.
10. Is ihere any need of consensus" ad idem in partnership business?
Discuss and explain the
true test for ascertaining Partnership
(3x10 marks: 30 marks)
Part C
Compulsory question, the question carries 20 marks
11. p contracts with e to execute some construction work
for a fixed price, Q supplying the
scaffolding and tiirber necessary for the work. Q fails to supply the necessary scaffolding
and timber.
a, CanP refuse to execute the construction work?
b. Can P claim damage for loss arising for Q's non-performance?
(20 marks)

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