Business Laws and Business Correspondence and Reporting - December 2022

1. (a) X agrees to pay Y = 1,00,000/-, if Y kills Z. To pay Y, X borrows = 1,00,000/from W, who is also aware of the purpose of the loan. Y kills Z but X refuses to pay. X also refuses to repay the loan to W. Explain the validity of the contract. G) Between X and Y. Gi) Between X and W XWC-H 2. (b) (a) (b) (2) XWC-H Mr.,R, a manufacturer of toys approached MNO Private Limited…

(a) Cana partner be expelled? If so, how? Which factors should be kept in mind prior to expelling a partner from the firm by the other partners according to the provision of Indian Partnership Act, 1932? (b) -Mr. Y aged 21 years, lost his mental balance after thé death of his parents in an accident. He was left with his grandmother aged 85 years, incapable of walking and dependent upon him. Mr. M their neighbour, out of pity, started supplying…

M/S Makrana Marbles for the purchase of marble and tiles for his newly built house. He asked the owner of the above shop Mr. J to visit his house prior to supply so that he can clearly ascertain the correct mix and measurements of marble and tiles. Mr. J agreed and visited the house on the next day. He inspected the rooms in the first floor and the car parking space. Mr. K insisted him to visit the second floor…

(a) Differentiate between Novation and Alteration as per The Indian Contract Act, 1872. 5 (b) What is the difference between partnership and co-ownership as per The Indian Partnership Act, 1932? 4 (c) Mike LLC incorporated in Singapore having an office in Pune, India. Analyse whether Mike LLC would be called as a foreign company as per the provisions of The Companies Act, 2013? Also explain the meaning of foreign company. 3 XWC-H (5) XWC-H (HINDI VERSION) (~ IMPORTANT INSTRUCTIONS TO…

3. Qat anil} sat ww eh sat-gfecar F fever 1 art 3 — (60 Marks) de aia wei ta fret an wet & sec afc Marks 1 @ XY 1,00,000/- Sat wena ee’, ae Y, ZA een ae Sa BI. Y a BTA HEY fre X, Wa = 1,00,000/- sem Sate, Wer aA fre eT AI STAT IY, Z Ft ee ata saa X38 ya eel A eT ae Aaa? X, WT fara TAA Aa TR Sar) Segara Ht era…