MASTER OF BUSINESS ADMINISTRATION (MBA)
DMBA302 – LEGAL ASPECTS OF BUSINESS
Assignment Set – 1
- What is “Competency of Contract”? How “discharge of contracts” occurs?
Ans: A person must be competent to enter into a contract according to the law. According to Section 11 of the Act, a person is competent to enter into a contract if he/she is:
- has attained the age Its Half solved only
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- Define contract of indemnity. Describe the rights of the indemnifier and the indemnity holder.
Ans: Sections 124 and 125 deal with contracts of indemnity. Section 124 provides that a contract of indemnity is one in which a party promises to save the other from a loss caused to him/her (the promisee) by the conduct of the promisor himself/herself or by the conduct of any other person. A contract of insurance is an
- (a) What is a partnership?
Ans: A partnership is defined as “the relationship between persons who have agreed to share profits of a business carried on by all, or by any of them acting for all”. On analysis of the definition, certain essential elements of the partnership emerge. These elements must be present so as to form a
Assignment Set – 2
- What do you mean by negotiable instruments? What are the various types of negotiable instruments recognised by the Negotiable Instruments Act, 1881?
Ans: Documents that are freely used in commercial transactions and monetary dealings are known as negotiable instruments if they satisfy certain conditions. The term “negotiable instrument” refers to a written document transferable by mere delivery or by indorsement and delivery to enable the transferee to get a title in the instrument. An instrument may possess the characteristics of negotiability either
- Describe the main features of the Consumer Protection Act, 2019.
Ans: Key features of the Consumer Protection Act, 2019
- New Act has widened the definition of “consumer”, which includes offline and online transactions through electronic means or by teleshopping or direct selling or multi-level marketing.
- District forum is renamed as
- Explain the rights available to citizens under the RTI Act, 2005.
Ans: RTI stands for Right to Information. Right to Information Act 2005 mandates timely response to citizen requests for government information. Right to Information empowers every citizen to seek any information from the Government, inspect any Government documents and seek certified photocopies thereof. Right to Information also empowers citizens to official inspect any Government work or to take
MASTER OF BUSINESS ADMINISTRATION (MBA)
RESEARCH METHODOLOGY CODE: DMBA301
Set – 1
- Write the steps of Research Process in detail?
Ans:
Step 1: Defining and Formulating Research Problems: It is the first step for a research process. In this step the researcher has to convert a management problem to a research problem.
While formulating Its Half solved only
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- Give merits and demerits of Questionnaire and Interview method of data collection.
Ans: Merits of Questionnaire Method
- Economical It is an efficient and economical way of gathering information. It saves time, money, and effort for both the sender and respondents. The researcher has to pay only for postage and paper printing.
- Wide
- Illustrate any four Probability Sampling Techniques
Ans: Probability sampling is a sampling technique in which researchers select samples from a larger population using a method created on probability theory. This sampling procedure or technique considers every member of the population and forms samples based on a fixed
Set – 2
- Discuss any four Scaling Techniques of your choice.
Ans:
Nominal Data
- It is the least complicated of the four forms of data.
- Nominal, or categorical data, is divided into categories that cannot be ranked; each type is unique.
- The available
- Explain the concepts of Validity and Reliability with suitable examples.
Ans: Validity: Validity is one of the most important considerations in any study. Validity is the characteristic of a study that makes it reliable and empirical. The use of empirical scientific methods to make it reasonable and acceptable is known as validity. The validity of research can be improved by using
- A brand manager is concerned that his brand’s share may be unevenly distributed throughout the country. In a survey in which the country was divided into four geographical regions, a random sampling of 100 consumers in each region was surveyed, with the following results:
Calculate the sample chi square (ꭓ 2) value and find at Alfa (α) = 0.05 and test whether brand share is the same across the four regions. Tabular value of Chi Square for Degree of Freedom = 3 and α = 0.05 is 0.352
Answer:
1) The null and alternative hypotheses for this test as follows:
H0: All brands share is the same across the four regions.
Ha: Not all brands share is the not same across the four regions.
2) Select the distribution to