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Legal Aspects of Business


This is the collection of Sikkim Manipal University (SMU) question and answers for Legal Aspects of Business . It will help to prepare your examination. All question paper are classified as per semester, subject code and question type of Part A, Part B and Part C with multiple choice options as same as actual examination. SMU question papers includes year 2022, 2021, 2020 Sem I, II, III, IV, V, VI examinations of all subjects.

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Course Name        MBA (Master of Business Administration)

Subject Code       MB0035 (Legal Aspects of Business )

Get Questions        PART - A    PART - B    PART - C

Legal Aspects of Business Syllabus.

Unit 1: Law of Contract
Introduction, Law of Contract – Indian Contract Act 1872., Offer or Proposal, Acceptance, Contractual Capacity, Free Consent, Consideration, Privity of Contract, Lawful Object

Unit 2: Discharge of Contract
Introduction, Ways of Discharge of Contract, Remedies for Breach

Unit 3: Contract of Indemnity and Guarantee
Introduction, Contract of Indemnity, Contract of Guarantee

Unit 4: Negotiable Instruments Act
Introduction, Negotiable Instruments Act, Definition & Features, Parties to Negotiable Instruments, Negotiation of Negotiable Instruments, Dishonour and Discharge

Unit 5: Companies Act
Introduction, Companies Act, 1956, Types of Companies, Formation for a Company, Share Capital, Company Management, Meetings

Unit 6: Information Technology Act 2000
Introduction, Overview of the Act, What does IT Act enable?, Why Cyber Law in India?

Unit 7: Arbitration and Conciliation Act 1996
Introduction, Scheme of the Act, Objectives of the Act, Power of Judicial Authority to Refer Parties to Arbitration, Composition of Arbitral Tribunal, Jurisdiction of Arbitral Tribunals, Conduct of Arbitral Proceedings, Award, Conciliation, Mediation, Negotiation

Unit 8: The Consumer Protection Act, 1986
Introduction, Rights of Consumers, Consumer Complaint, Unfair Trade Practices, Restrictive Trade Practices, Consumer Disputes Redressal Agencies, Consumer Protection Councils

Unit 9: The Shops and Establishments Act
Introduction, Scope and Coverage of the Act, Provisions Relating to Shops, Provisions Relating to Establishments, Obligations and Rights of Employers and Employees


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