SHRIMATI INDIRA GANDHI COLLEGE DEPARTMENT OF BUSINESS ADMINISTRATION Slow Learners Materials BUSINESS LAW (8ACBB2A) PART-A 1. What is Law? 2. What is Mercantile law? 3. Define Contract? 4. What is meant by Consensus ad idem? 5. Define Obligation? 6. Explain the term Agreement? 7. What is meant by Offer and Acceptance? 8. What is meant by Consideration? 9. What is meant by Voidable Contract? 10. Differentiate Void agreement and Void Contract 11. What is meant by Illegal Agreement 12. What is meant by Unenforceable Contract? 13. Explain the term Express and Implied Contract? 14. What is meant by Quasi Contract? 15. Explain the term Executed and Executory Contract? 16. Explain the term Unilateral and Bilateral Contract? 17. What is meant by Formal Contracts? 18. What is meant by simple Contracts? 19. What is meant by Tender? 20. What is meant by by Revocation? 21. What is meant by Privity of Contract? 22. What is meant by Capacity of Contract? 23. Explain the term Minor? 24. Explain the term Lunatics, Idiots, Drunken? 25. What is meant by Alien Enemies? 26. What is meant by Free Consent?

27. What is meant by Coercion? 28. What is meant by Undue influence? 29. What is meant by Misrepresentation? 30. What is meant by Mistake? 31. What is meant by Fraud? 32. What is meant by Reciprocal Promises? 33. What is meant by Discharge of Contract? 34. Explain the term Novation? 35. Explain the term Recission? 36. Explain the term Remission? 37. What is meant by Waiver? 38. What is meant by Breach of Contract? 39. What is meant by Damages? 40. Explain Quantum Meruit? 41. What is meant by Injuction? 42. What is meant by Rectification? 43. What is meant by Bailment? 44. Who is Bailor and Bailee? 45. What is meant by Lien? 46. What is meant by Finder of goods? 47. What is meant by Pledge? 48. Who is Pawnor and Pawnee? 49. Define the term Agent? 50. Define the term Principal? 51. What is meant by Delegation of Authority? 52. What is meant by Co agent? 53. What is meant by Subagent? 54. What is meant by Termination of Agency? 55. What is meant by Sale? 56. What is meant by Agreement to Sell? 57. What is meant by Price? 58. What is meant by Condition? 59. What is meant by Warranties?

60. What is meant by Cavet Emptor? 61. What is meant by Property in Goods? 62. What is meant by Possesion of Goods? 63. What is meant by Ascertainment of Goods? 64. What is meant by FAS Contract? 65. What is meant by FOB Contract? 66. What is meant by CIF Contract 67. What is meant by Performance of contract? 68. Who is an Unpaid Seller? 69. What is meant by Auction Sales? 70. Define Partnership? 71. What is meant by Dissolution of Partnership? PART-B 1. Illustrate the Distinction between Void, Voidable and Illegal Agreements 2. Difference between Formal and Simple Contracts 3. Explain the legal rules of an offer 4. What Constitutes an Offer 5. Who can accept an Offer 6. Expl;ain the legal rules of Acceptance 7. When does an offer Come to an end 8. Explain the legal rules of Consideration 9. Explain the Stranger to Contract 10. Explain the exceptions of a Contract without Consideration is void 11. What are Neccessaries?when is a minor liable on a contract for necessaries 12. Name Some Person other than minor who are not Competent to Contract 13. Difference between Coercion and Undue influence 14. What is meant by Misrepresentation and Explain its Consequences 15. What is Fraud and Explain the essentials of Fraud 16. Explain and Illustrate the Effect of Mistake of Facts on Contracts 17. Under what circumstances is the object or consideration of a Contract deemed Unlawful? Illustrate with Examples? 18. What is an illegal agreement and briefly explain its exceptions

19. Explain the requisites of a Valid tender 20. Explain the dissolution of Joint Liabilities and Rights? 21. Explain the \ time and Place of Performance of a Contract 22. Explain the rules regarding Performance of Reciprocal Promises 23. Explain the Time as the essence of the Contract 24. Explain the assignment of Contract 25. Explain the Appropriation of Payments 26. Explain the rules relating to Damages 27. Explain the Kinds of Quasi Contracts 28. Explain the requisites of Bailment 29. Explain the Classification of Bailment 30. Explain the Law relating to LIEN? 31. Difference between Particular Lien and General Lien 32. Explain the Finder of Goods 33. Explain the Termination of Bailment 34. Difference between Pledge and Bailment 35. Explain the essentials of relationship of Agency 36. Explain the rules of agency 37. Explain the Creation of Agency? 38. Explain the Requisites of Valid ratification 39. Explain the Classification of Agents 40. Difference between Sub Agent and Substituted Agent 41. Explain the Personal liability of an Agent 42. Explain the Essentials of a Contract of Sale 43. Difference between Sale and Agreement to Sell 44. Difference between Sale and Hire Purchase Agreement 45. Explain the Subject matter of Contract of Sale 46. Explain the Express and implied Conditions and Warranties 47. Explain the rules as to delivery of goods 48. Difference between Right of Lien and Right of Stoppage in transit 49. Explain the Remedies for Breach of Contract of Sale 50. Explain the Essentials of Partnership? 51. Explain the Types of Partnership?

PART-C 1. Explain the Essential elements of a Valid Contract 2. Explain the Classification of Contracts 3. Explain the Legal rules of an offer and Acceptance 4. Explain the Legal rules of an Consideration 5. State briefly the law relating to Competence of Parties to a Contract 6. Explain the Flaws in Consent 7. Explain the Agreement Opposed to Public Policy 8. Explain in detail about Performance of Contract? 9. Explain in detail about Discharge of Contract 10. Explain in detail about Remedies for Breach of Contract 11. Explain the Duties and Rights of Bailor and Bailee 12. Explain the Duties and Rights of Agent 13. Explain the Duties and Rights of Principal 14. Explain the Termination of Agency 15. Briefly Explain the Conditions and Warranties implied by law in a Contract for the Sale of Goods 16. Explain the Primary rules for ascertaining when the Property in goods Passes to the buyer 17. Explain the Contract involving Sea Routes 18. Explain the Duties and Rights of the Buyer 19. Explain the Rights of an Unpaid Seller 20. Explain the Duties, Rights and Liabilities of Partners 21. Explain the Dissolution of Partnership

BUSINESS ENVIRONMENT (8ACBB1C) PART-A 1. Define Business? 2. What is Business? 3. What is Business Environment? 4. What is Internal Environment? 5. What is Micro Environment? 6. What is Macro Environment? 7. What are the Various techniques used to analyse the Environment 8. What is Legal Environment 9. What are the Various Sources of Scanning business Environment 10. What is Economic Activity? 11. What is an Economic System? 12. What are the Features of Economic System? 13. What is Production Possibility Curve? 14. What are the types of Economic System? 15. Define Traditional Capitalism 16. What are the Features of Capitalism 17. What is Socialism? 18. What are the Features of Socialism? 19. What is Mixed Economy? 20. What is Privatization? 21. What is Legislative? 22. Define the term Judiciary? 23. Define Executive or Environment? 24. What is Political Environment? 25. What are the Merits of Capitalism? 26. What are the Merits of Socialism? 27. What are the Advantages of Mixed Economy? 28. What are the roles of government in Business? 29. What are Fundamental Rights? 30. What is Meant by Constitutional environment of Business?

31. What is Social Environment? 32. What is Social Cultural Environment? 33. What is Culture? 34. What is Class Structure or Stratification? 35. What is Ethics in Business? 36. What is Social Responsibility of Business? 37. What do you mean by Cultural Heritage? 38. Define Social Stratification? 39. What is Joint Family System? 40. Define the term Family? 41. Define Technology? 42. What is MNC? 43. What is Globalisation? 44. What is Environmental Change? 45. What is Liberalisation? 46. What are the Features of Technological Environment? 47. What is Technological Environment? 48. What are the three types of impact of Technology? 49. What are the Problems of Technology? 50. What are the benefits Structure of MNC? PART-B 1. Explain the Various Characteristics of Business? 2. Explain the Scope of Business? 3. Explain the Criticisms of Business? 4. Explain the Characteristics of Environment? 5. Explain the Characteristics of Business Environment? 6. Explain the Objectives of Business Environment? 7. Explain the Challenges of Business Environment? 8. Explain the Nature of Economic Environment? 9. What are the Various Components of Economic Environment 10. Explain the Characteristics of an Economic System 11. Explain the Functions of an Economic System?

12. Comparison between Capitalism, Mixed Economy and Socialism? 13. Explain the importance of Economic Planning? 14. Explain the LPG Policy of Economic Planning? 15. Explain the types of Political Systems 16. Explain the Judicial Activism 17. Explain the types of Government intervention? 18. Explain the Factors affecting Business in Social Environment 19. Explain the Nature of Culture? 20. Explain the Components of Culture 21. Explain the impact of Culture on Business? 22. Explain the Nature of Social Responsibility of business? 23. Explain the Arguments for Social Responsibility of business? 24. Explain the Social Objectives of Business? 25. Explain the Features of Technological Environment? 26. Explain the Classification of Technology? 27. Explain the Challenges of Technology 28. Explain the interdisciplinary nature of Management of Technology? 29. Explain the Nature of Globalisation? 30. Explain the Manifestation of Globalisation? 31. Explain the importance of Global Business Environment? 32. Explain the Nature of International Business 33. Explain the challenges of International Business 34. Explain the Features of MNC? 35. Explain the Role of MNC in India PART-C 1. Explain in detail about the Business Goals? 2. Explain the Components of Business Environment? 3. Explain the importance and Challenges of Business Environment? 4. Explain in detail about Five Year Plans? 5. Explain the Process of Environmental analysis? 6. Explain the types of Economic Systems? 7. Explain the Pros and Cons of Economic Planning?

8. Explain the Routes of Privatization? 9. Explain the Various Political institutions? 10. Explain the Role of Government in Business? 11. Explain the various Government interventions? 12. Explain the impact of Culture on Business? 13. Explain the Social Responsibility of Business in India? 14. Explain the Social Responsibility of Business towards different stake Holders? 15. Explain the impact of Technology on Business? 16. Explain the advantages and Disadvantages of Globalisation? 17. Explain the Nature and importance of International Business 18. Explain the Problems and Challenges of MNC?