Description

BAOU Business Law (Assignment-1) Solved Assignment 2024

Dr. Babasaheb Ambedkar Open University
Assignment-1
MBA Semester-1
Subject: Business Law
Total Marks -15
Passing Marks – 06 marks
Q.1: Answer the following question in 800 words. (Any one)
1) What is Contract? Explain the essential elements of a Valid Contract.
OR
1) What are Contracts of bailment? Define in detail the requisites of bailment.
Q.2: Answer the following questions in 400 words. (Any two)
1) Distinguished between Condition and Warranty.
2) Discuss Essential Remedies Available to Consumers Under Indian Consumer Protection Act.
3) Discuss about limited liability partnership.
Q.3: Write a short note. (Any two)
1) promissory note (120)
2) Trademark (158)
3) General Meetings(192)
Q-4: MCQ:
1) Full form of CCI
(a) Appreciable adverse effect on competition
(b) Public sector undertaking
(c) Competition commission of India
(d) Competition Appellate Tribunal
2) The term of office for a member is________ year in all redress forum.
(a) 5
(b) 10
(c) 7
(d) 35
3) Digital Signature Certificate is a________ requirement under various applications
(a) Statutory
(b) Legislative
(c) Governmental
(d) Voluntary
4) validity period for the presentment of cheque in bank is______
(a) 3 Months
(b) 6 Months
(c) 1 Year
(d) 2 Year
5) Maximum number of partners in a LLP can be:
(a) 100
(b) 200
(c) 500
(d) Unlimited
6) In a contract of guarantee liability of the surety is______
(a) Primary
(b) Secondary
(c) Contingent
(d) None of the above

Dr. Babasaheb Ambedkar Open University (BAOU) MBA Solved Assignment