Madras university mba 1st year question papers - Applied Operations Research Question Papers May 2012

Applied Operations Research Question Papers May 2012

Madras university mba 1st year question papers

Legal Systems in Business Question Papers May 2012


MAY 2012 P/ID 6007/MBG

Time : Three hours Maximum : 80 marks
PART A — (8 ´ 5 = 40 marks)
Answer any EIGHT questions.
All questions carry equal marks.


1. What are the provisions regarding notification of
vacancies as prescribed by the Employment
Exchanges Act, 1959?
2. Explain the provisions regarding registration of
trade unions.
3. Write briefly about the obligations of apprentices
who undergo apprentreship training.
4. What are the rules regarding deductions for fines
as provided in the Payment of Wages Act, 1936?
5. Explain the powers of the ESI Corporation.
6. Write down the conditions for payment of
maternity benefit.

7. How are partners classified? Explain.
8. What are the characteristics of a company?
9. Write briefly about the contents of Memorandum
of Association.
10. Distinguish between Sale and Agreement to sell.
11. What are the exceptions to the doctrine of Caveat
Emptor?
12. Explain the types of negotiable instruments.


PART B — (4 ´ 10 = 40 marks)
Answer any FOUR questions.
All questions carry equal marks


13. Explain the provisions regarding health as
prescribed by the Factories Act, 1948.
14. Explain the procedure for fixing and revising
minimum wages.
15. Explain the various benefits available under the
ESI Act, 1948.

16. Explain the duties of liquidator in the case of

compulsory winding up.
17. Explain the various implied warranties in a
contract of sale of goods.
18. Explain the privileges of a holder in due course.