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December 2020 batch.
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Course: Business Law
Internal Assignment Applicable for December 2020 Examination
1.
Explain the difference between Contract of Guarantee and Contract of Indemnity
and provide two (2) examples each of such contracts.
(10 Marks)
2. Explain in details two (2)
real-life cases where the Competition Commission of India has investigated and
prohibited the abuse of dominant position by entities or individuals. (10 Marks)
3. Geeta had started tiffin services during the lockdown due to
COVID-19 pandemic within her building premises by ensuring compliance of all
regulations. Geeta used to deliver the tiffin only to the occupants in her
society. However, post the unlocking of the lockdown she wanted to expand her
business to other parts of city and therefore she needed an investor who would
invest in the venture and a logistics partner who would ensure the delivery of
tiffin. She finally found Mr. Bajaj as the investor and Mr. Kumar as the
logistics partner.
Now Geeta, Mr. Bajaj and Mr. Kumar wanted to incorporate this venture
and register as a partnership firm and therefore have come to you for advise on
the following queries:
a. What: (i) law should the
Partnership Firm be registered? Please give your reasons for the answer?; and
(ii) type of partner shall Geeta, Mr. Bajaj and Mr. Kumar each be classified
as? (5
Marks)
b. For incorporating the
partnership firm that you have suggested in the above answer (a) what: (i) is
the primary agreement that is needed; and (ii) are the contents of such
agreement? (5 Marks)
Dear students, get fully solved assignments of NMIMS University for
December 2020 batch.
Do send your query at:
Call us at: 08263069601
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