MMPC-013 · June 2022 · English

IGNOU MMPC-013 June 2022 Previous Year Question Paper

BUSINESS LAW

Structured previous year question paper for MMPC-013, June 2022 session.

Max marks: 100 · Questions: 9

Verified: 11 Sept 2026

MASTER OF BUSINESS

ADMINISTRATION IN BANKING AND

FINANCE (MBF)

Term-End Examination

June, 2022

MMPC-013 : BUSINESS LAW

Time : 3 Hours Maximum Marks : 100

Note : Attempt any five questions. All questions

carry equal marks.

Q1.Define Business Law. Discuss the objectives of Business Law.

Q2.Discuss the modes of dissolution of a partnership and explain the grounds on which a court can order dissolution of a firm.

Q3.Explain the main features of a Company form of Business.

Q4.Describe the process of formation of a contract.

Q5.Discuss the main ch aracteristics that an offer / proposal must possess. Al so explain the essentials of a valid acceptance.

Q6.What is the objective of the Foreign Exchange Management Act ? Discuss the mechanism for acquiring property in India by a non -resident and outside India by a resident.

Q7.Explain the necessity for the Insolvency and Bankruptcy Code 2016 (IBC -2016) and briefly discuss the four pillars of Institutional Infrastructure under IBC-2016.

Q8.Discuss the role of ‘Priv acy’ i n the context of Digital World. Brief ly, discuss the Personal Data Protection Bill, 2019.

Q9.Explain the applicability of Consumer Protection (E -Commerce) Rules, 2020 and discuss the duties and liabilities of e -commerce entities under this rule.