BCom In Accounting & Finance (BCAF) SEM III 2017 2018 March 2018 S.Y.BCAF SEM III (CHOICE BASE) BUS.LAW (BUS. REGULATORY FRAMEWORK II) Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q1 No Public Notice is to be given in case of of a partner
2. Q2 Goodwill of a business is a partnership
3. Q3 The contribution constitutes capital of LLP and is kind of to the external world
4. Q4 Ambulance room in factory employing more than workers
5. Q5 Firm has no existence, apart from its partners
6. Q6 Property of the firm deemed to include firm
7. Q7 Apartner is entitled to interest at on any payment made by him
8. Q8 There should be atleast one first-aid box for every workers
9. Q9 Child means a person who has not completed his years of age
10. Q10 Factory means any premises including the thereof
11. Q1 B. Match the column (Any 7) 7 marks
12. Q1 Registration of partnership a) Agreement
13. Q2 Dormant partner b) 2008
14. Q3 Partnership deed c) Movable or immovable
15. Q5 Contribution e) 150. workers in a factory
16. Q6 Calendar year f) Occupier shall employ
17. Q8 Power h) january Welfare officer i) Child or an adolescent
18. Q2 a) What are the rights and liabilities of a minor admitted to the benefits of partnership 15 marks
19. Q2 b) Define partnership? Explain it’s types? 15 marks
20. Q3 a) Define Contribution? Explain it’s provision under LLP Act 15 marks
    • Q.P. Code: 30651
21. Q3 b) Who is a designated partner? Explain in detail the incorporation of LLP? 15 marks
22. Q4 a) What are the provision with regard to welfare of the workers under Factories Act? 15 marks
23. Q4 b) Explain the following terms:
24. Q5 a) What are provisions regarding cleanliness of the factory premises? 8 marks
    • b) What are restrictions on young workers and women workers? QS. Write short note: (Any 3) (15) 7
    • a) Admission of partner
    • b) Expulsion of.a partner
    • c) Winding up of LLP
    • d) Measures for prevention of dust and fume
    • e) Provisions as to drinking water

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