MMPC-013 · June 2023 · English
IGNOU MMPC-013 June 2023 Previous Year Question Paper
BUSINESS LAW
Structured previous year question paper for MMPC-013, June 2023 session.
Max marks: 100 · Questions: 9
Verified: 11 Sept 2026
MASTER OF BUSINESS
ADMINISTRATION/MASTER OF
BUSINESS ADMINISTRATION
(BANKING AND FINANCE) (MBA/MBF)
Term-End Examination
June, 2023
MMPC-013 : BUSINESS LAW
Time : 3 Hours Maximum Marks : 100
Note : Attempt any five questions. All questions
carry equal marks.
Q1.Why is Business Law important for modern business organizations ? Discuss the basic principles of business law.
Q2.Explain the essentials of a partnership and discuss the different types of partners.
Q3.Explain the meaning of ‘prospectus’ in the context of a company. Also discuss the different types of prospectus.
Q4.What is a ‘Contract’ ? Discuss briefly the essentials of a valid contract.
Q5.Discuss the regulations in relation to the bank licensing and bank management.
Q6.Discuss the following in relation to insolvency and bankruptcy code–2016 :
(a) Liquidation process
(b) Insolvency resolution and bankruptc y of individuals and partnership firms
Q7.What do you mean by ‘Intellectual Property’ ?
Q8.What is the need to protect it ? Discuss in detail any two types of intellectual property.
Q9.Discuss the environmental framework in India and its impact on businesses and industries. MMPC–013 9,960