ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) |
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END SEMESTER EXAMINATION – MARCH/APRIL 2016 | ||||
B.COM( Int. Fin & A/c) – II SEMESTER | ||||
C4 15MC202 : BUSINESS LAW | ||||
Duration: 3 Hours Max. Marks: 100 | ||||
SECTION – A | ||||
I) | Answer ALL the questions. Each carries 2 marks. (10×2=20) | |||
1. | Aslam invites Basheer to dinner. Basheer accepts the invitation but does not turn up at the dinner. Can Aslam sue Basheer for the loss he has suffered? | |||
2. | What is One Person Company? | |||
3. | What do you understand by agency by estoppel? | |||
4. | Who is a Plaintiff? | |||
5. | What does “Ignorantia Juris non excusat”mean? | |||
6. | Polly bought milk from Donald. The milk contained typhoid germs. Polly’s wife Holly took the milk and got infected, as a result of which she died. Is Polly entitled to any damages? | |||
7. | What is meant by Cyber Terrorism? | |||
8. | What is meant by Geographical Indication? | |||
9. | Draw a hierarchy of civil court. | |||
10. | A customer’s cheque was dishonoured by a bank inspite of the sufficient balance in the account. Is the bank liable under the Consumer Protection Act? | |||
SECTION – B | ||||
II) | Answer any FOUR questions. Each carries 5 marks. (4×5=20) | |||
11. | Alfy Private limited was involved in unauthorized selling of a patented invention within India. What remedies the original patentee can get under Infringement of Patents. | |||
12. | Explain the various sources of Law. | |||
13. | Write a short note on Limited Liability Partnership. | |||
14. | What are the exceptional situations in which a contract is valid without consideration? | |||
15. | Explain the doctrine “Caveat Emptor” and state the exceptions to it. | |||
16. | What is the role of Consumer Protection Council in safeguarding the interest of consumers? | |||
SECTION – C | ||||
III) | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |||
17. | Highlight the provisions related to labour and agency law in India. | |||
18. | State the various ways in which a contract may be said to be discharged. | |||
19. | Explain in detail the classification of Companies. Also briefly mention the important documents required by a company. | |||
20. | Explain the various cyber crimes committed and the provisions related to offences and penalties. | |||
21. | Briefly explain the implied conditions and warranties in a contract of sale. | |||
SECTION – D |
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IV) | Case Study (1×15=15) | |||
22. | Mr. Jha had purchased a Flat from a private builder in Noida, Uttar Pradesh at the cost of Rs. 49 lacs. Builder has promised him that all the basic and modern amenities such as CCTV Camera, Club facility, Green building, good quality of water with 3 tier security will be provided in this project. Builder gave the possession of the flat around 2 years back but did not provide basic and common facility which also includes 3 tier security having CCTV camera coverage for each floor. Consumer has taken the possession from builder on time. Mr. Jha kept complaining to the builder after possession of the flat for non installation of CCTV camera and other common and basic amenities as promised at the time of agreement, but builder keep assuring him that he will do the needful and he need not to worry. On 20th Sept 2014, consumer left his home with his flat duly locked. But on his return, he found that his flat has been burgled and theft of Rs. 85000 and Jewelry worth Rs. 1 Lac had taken place. The consumer complained that had CCTV cameras been installed, it would have been a deterrent and the theft would not have been taken place. Also CCTV would have ensured that no unwanted person would have entered the building.
Answer the following questions (7.5 marks each)
a. On what grounds can Mr. Jha go to a consumer court? Also explain the rights of a consumer. b. Which consumer disputes redressal agencies can he go, to claim damages against the private builder?
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