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MBA 04

M.B.A .DEGREE EXAMINATION, JUNE 2006.

First semester
(Common for HRM/Marketing/Finance/ International Business)

BUSINESS ENVIRONMENT LAW

Time: Three hours                                                               Maximum: 100 marks

SECTION A –(5 x 6 = 30 marks)
Answer any FIVE out of the following

1. What is meant by Corporate governance?
2. Explain the role of infrastructure in developing countries.
3. Discuss the Geo political dimensions in business environment.
4. “Acceptance is to an offer what a lighted match is to a train of gun Powder”- Discuss.
5. What is mean by buy back shares?
6. Explain Articles of Association .
7. Discuss the power of inspectors under Factories Act ,1948.
8. Write short notes on works committee.

PART B –(5 x 10=50 marks)
Answer any FIVE out of the following

9. Explain the various levels of environment and its dynamics.
10. Discuss the future of Indian Capital Market.
11. When is a contract said to be discharged ?
12. State the general principles of Life Insurance.
13. Explain the powers and duties of Chairman.
14. Explain the process of re-issue of debentures.
15. Discuss the stages of fixing minimum wages.
16. State the rules as the distribution of compensation under the Workmen’s Compensation Act.

PART C –(1 x 20=20 marks)

17. Case Study:
(a) A Public Company forfeited 100 shares , re-issued them and thereby earned a surplus of Rs. 2,500 .The Company did not file a return of allotment to the register in respect of these shares .Has the company contravened any provision of the Company Act?
(b) The working hours including rest interval of a women employed in a factory have been fixed from 2 pm to 11 pm .Are the working hours valid? Give reasons for the answer.
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