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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
Name : Leema Noori Marks : 80
Course : Bachelors in Management Studies (BMS)
Subject : Corporate Law
Answer the following question.
Question.1. Explain delivery (10 marks)
Answer:Delivery is the process of transporting goods from a source location to a predefined
destination. There are different delivery types. Cargo (physical goods) are primarily delivered via
roads and railroads on land, shipping lanes on the sea and airline networks in the air. Certain
specialized goods may be delivered via other networks, such as pipelines for liquid goods, power
grids for electrical power and computer networks such as the Internet or broadcast networks for
electronic information.
Question.2. How issue of securities to person resident outside India
take place (10 marks)
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-
SCHOOL
2. Answer:The Foreign Exchange Management Act (FEMA), 1999: is an Act of the Parliament of India
to consolidate and amend the law relating to foreign exchange with the objective of facilitating
external trade and payments and for promoting the orderly development and maintenance of
foreign exchange market in India.
As per the Notice Issued by the Government of India
Question.3. How to maintain liquid assets (10 marks)
Answer:The termliquidityreferstohowfastsomethingcan be turned into cold, hard cash; the kind
you stick in your wallet or cash exchange for something else. Liquid assets are those that are
thought to be turned to cash or purchasing power immediately.
On one endof the scale of all assetsare the dollarbills and coins you have stuffed in a cookie jar or
mattressat home. These are the most liquidassets,meaningyoucanimmediately spend them, but
are the leastsafe because theycan be destroyed by fire, misplaced, or stolen. On the other end of
the scale are assets such as real estate, which can take
Question.4. Write the distinguishing points of void agreement and
voidable contract (10 marks)
Answer:It is very usual that people get easily confused between a void contract and voidable
contract, althoughtheybothare two different types of contract. Void Contract is the contracts that
cannot be enforceable,butthe Voidable Contract is the contract in which one party has the right to
enforce or rescind the contract. Now, moving on to our topic, the difference between Void and
Voidable Contract.
Question.5. Threat to commit suicide isit coercion? (10 marks)
Answer:Threatto file asuit.To threatena criminal orcivil prosecution does not constitute coercion
because it is not an act forbidden by the Indian Penal Code. But a threat to file a suit of a false
charge constitutescoercion,forsuchanact is forbiddenbythe I.P.C.(Askari MirzavsBibi Jai Kishori)
Threat to commit suicide. Neither suicide nor threat to commit suicide is punishable under the
Indian Penal Code: Only an attempt to commit
Question.6. Classify Mercantile or commercial agents (10 marks)
Answer:A mercantile agentisaperson who is appointed by those in business to act on their behalf
or to representthemindealingwithotherpersons.The persononwhose behalf he acts as an agent
is known as the ‘Principal’.
A mercantile agent possesses the following characteristics:
3. (a) He has the authority to buy and sell goods on behalf of his principal or to consign them for the
purpose of sale;
(b) He doesnotdo businessforhimself,buthe onlyrepresentshisprincipal in all business dealings;
(c) He is a link between the principal and the third
Question.7. What are the exceptions to transfer of title by
nonowners.(10 marks)
Answer:The personwhoownslegal title to property, whether real estate or some item of personal
property,ownsandpossessesthe propertyuntilshe decides to transfer the title to somebody else.
Accordingly, an unauthorized transfer of title by anybody other than the owner generally has no
legal effect, which means the owner continues holding title to the property while the person who
received the invalid transfer of title owns nothing. The law does provide some exceptions to this
general rule, though.
Good Faith Purchaser: The law will sometimes
Question.8. Discuss power to impose lesser penalty (10 marks)
Answer:The Commissionmay,if itissatisfiedthatanyproducer,seller, distributor, trader or service
providerincludedinanycartel,whichisalleged to have violated section 3, has made a full and true
disclosure in respect of the alleged violations and such disclosure is vital, impose upon such
producer, seller, distributor, trader or service provider a lesser penalty as it may deem fit, than
leviable under this Act or the rules or the regulations: Provided that lesser penalty shall not be
imposed by the Commission in cases where
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )