Business Law Model Question Paper Text

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Answer any five of the following in not more than 1 page each: a distinguish between fraud and misrepresentation b what are the reciprocal promises? c what are the rights of a buyer? d what is wagering agreement? e define goods and what are the types of goods. B define undue influence and explain the effect of undue influence on the contract. A what are the various ways in which a contract may be discharged? b state briefly the principles on which damages are awarded on the breach of a contract.

Discuss this rule of law with q1: a what is meant by acceptance of a bill of exchange? when must a bill be accepted? if acceptance is refused, what steps should the holder take? b what is the legal effect of a minor liable on a contract for necessaries? q2: write short notes on any two of the following: b difference between coercion and undue influence. E mistake of law and mistake of fact q3: what remedies are available to an aggrieved party on the breach of a contract? when does a claim on quantum meruit arise? what are void agreements and void contracts? is the party who has received some benefit under a void contract bound to restore it to the other party? q4: define partnership. What are its essential characteristics? state the difference between a 'partnership' and a firm.

Please carefully go through this upsc law question bank that we have prepared for you so that you can get the trend for the questions that are set every year and as per analysis prepare well giving more time to recurring topics and important parts of the syllabus that carry more marks overall. The law question paper lisetd below are actual papers that were given for teh civil service mains examination held by upsc. Discussion question 5_12: your discussion question responses should be both grammatically and mechanically correct, and formatted in the same fashion as the questions themselves. In addition, you must appropriately cite all resources used in your responses and document in a bibliography using apa style. Orthodontists at an annual state meeting agreed to charge the parents of each child patient a nonrefundable fee of $200 before beginning any treatment.

They also agreed that the charge for an orthodontia procedure would not be less than $2,0. Analyze the legality of these agreements, citing the applicable law s and the appropriate legal analysis under the applicable law s as developed by the courts. What are the possible sanctions if there are legal violations? 25 points a 1 to 2 page response is required. Discussion question 5_13: your discussion question responses should be both grammatically and mechanically correct, and formatted in the same fashion as the questions themselves. What was ohagan accused of and what was the theory used by the sec to argue that he violated the law? according to the supreme court, when and against whom did the wrongful conduct occur? what reasons did the supreme court give for its holding? 3. Discussion question 6_14: your discussion question responses should be both grammatically and mechanically correct, and formatted in the same fashion as the questions themselves. Your organization is interested in implementing a new policy banning smokers from employment with the organization.

You have been asked to do some research and prepare a report examining the a advantages and disadvantages of such a policy, and b the legal implications of such a policy. Discussion question 6_15: your discussion question responses should be both grammatically and mechanically correct, and formatted in the same fashion as the questions themselves. Describe four 4 types of discrimination based on sex and provide examples of each. Activity 6_16: activity instructions: employment compliance memo 100 points your company, a manufacturer and distributor of sports equipment, has grown quickly over the last few years from just a few employees to 25. There has been no time to pay attention to employment issues, but recently the president of the company has asked you to focus on the employment area and provide her information on the following. Your activity responses should be both grammatically and mechanically correct, and formatted in the same fashion as the activity itself.

In addition, you must appropriately cite all resources used in your response and document in a bibliography using apa style. Include discussion of the fair labor standards act, limitation on employment at will, title vii of the civil rights act of 1964, age discrimination in employment act, americans with disabilities act, and state discrimination laws. 50 points part b recommendations for employment practices to ensure compliance with the key legal rules. Include recommendations regarding notices, forms, employee handbooks, personnel files, disciplinary processes, training supervisors, and periodic reviews. Lexisnexis: legal gt area of law by topic gt corporate gt find corporate governance materials. corporate attorney 39 s practice guide matthew bender lexisnexis: legal gt area of law by topic gt corporate gt find corporate governance materials.

Westlawnext: browse: all content gt secondary sources gt by topic gt corporations texts amp treatises or securities texts amp treatises model business corporation act annotated: model business corporation act with official comment and reporter 39 s annotations. model nonprofit corporation act: official text with official comments and statutory cross references adopted august 2008. 2008 kf1388.m627 . blumberg on corporate groups. public company organizational documents: model forms and commentary. the law and economics of corporate governance: changing perspectives. When she opened the business in 1989, it was at a shop in an eastern suburb of melbourne. In 19 she started to advertise on the internet and by 2006 the business had grown to the point where she needed help to keep the business going.

After a family discussion one night at the kitchen table in july 2006, it was agreed that margaret would probably keep the business going for another couple of years and then retire. Emily, her youngest daughter and aged 16, would work in the shop as long as was needed and in return, she would receive any unsold dolls. When margaret retired at the end of 2009, she decided that she would give the unsold stock to charity and they could auction it and keep the proceeds. Richard, an impoverished university student, and his millionaire father enter into an arrangement where richard agrees that he will keep the front and backyards of the family property mowed, and he will ‘do a bit’ to keep the gardens looking tidy.

His father had previously used a garden contractor to do the job and paid him $350. They live on a one hectare property, and the mowing alone takes half a day a week. After four weeks, richard’s father tells him that he can’t afford to pay $200 a week. He says that richard should be doing the work for nothing, as it is the responsibility of the whole family to look after the property besides, he says, richard is getting free board and lodging. Jenny received a circular from beauty and the beast hair salon advertising massages and manicures for $10.

Realising that this was an exceptionally good deal, but not surprised because she knew that they had only just opened and were running a number of good opening specials, she rang and made a booking. When jenny arrived at the salon she was told that there had been a mistake on the circular and it should have said $100. The manager of the salon explained that this was still a good price because normally a never have made the booking. Would your advice have been any different if jenny had the massage and manicure before being told that the cost was $100? would she have to pay the full price? 4.

Bruce, while he was so drunk that he didn’t know what he was doing, bid successfully at an auction for the purchase of a house. The contract act states that to enter into an enforceable agreement the parties should have the capacity and an agreement with a minor person below 18 years of age is a voidable agreement and cannot be enforced in the court of law. In the matter of  nash v inman 1908 2 kb 1 it was held that a minor lacks the capacity to enter into a contract but only in cases where the person has supplied for the necessities of the minor then he can claim back the money he spent as the contract in such cases is enforceable. Lambris,2011 in these matters of necessaries as well the claim made by the supplier of necessities is not contractual but an obligation on the minor to pay for the satisfaction of needs.