Answer Key With Explanations – Legal Aspects of Business Book

Questions Summary Topic-wise

S. No. Chapter UGC NET JRF Commerce Questions Practice Questions  Explanations link of  UGC NET JRF Commerce Questions
1 Indian Contract Act, 1872 Link
§  Elements of a Valid Contract 4 27  
§  Offer & Acceptance 1 5  
§  Capacity of Parties 2 10  
§  Free Consent 3 16  
§  Discharge of a Contract 6 10  
§  Breach of Contract and remedies against breach 2 8  
§  Quasi Contracts 8  
2 Special Contracts Link
§  Contracts of Indemnity and Guarantee 1 7  
§  Contracts of Bailment and Pledge 2 8  
§  Contracts of Agency 1 7  
3 Sale of Goods Act, 1930 Link
§  Sales of Goods Act, 1930 : Introduction 4 14  
§  Conditions and Warranties 4 10  
§  Doctrine of Caveat Emptor 1 4  
§  Rights of unpaid seller and rights of buyer 4 10  
4 Negotiable Instruments Act, 1881 7 7 Link
5 The Companies Act, 2013 Link
§  Nature and kinds of Companies 2 21  
§  Company Formation 2 13  
§  Management of Company 7 (2 +5) * 14  
§  Meetings 1 22  
§  Winding up of a Company 3  
6 Limited Liability Partnership 2008 3 8 Link
7 The Competition Act, 2002 6 6 Link
8 The Information Technology Act, 2000 5 6 Link
9 The RTI Act, 2005 8 5 Link
10 Intellectual Property Rights (IPRs) 8 5 Link
11 Goods and Services Tax (GST) Link
§  Objectives and main provisions of GST 4 7  
§  Benefits of GST 1 6  
§  Implementation Mechanism of GST 1 6  
§  Working of dual GST 3 10  
12 Mix Questions 4 Link
Total 97 273  

* – Indicate passage