BCom In Accounting & Finance (BCAF) SEM III 2017 2018 Nov 2018 BUS. LAW II Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q1 A. Fill in the blank (Any 8) 8 marks
2. Q1 Registration of partnership in Maharashtra is
3. Q2 Karta ofa Joint Hindu Family firm has liability
4. Q3 Anominal partner is liable for the of the firm
5. Q4 No Public is to be given in case of of a partner
6. Q5 Goodwill of a business is a partnership
7. Q6 The contribution constitutes capital of LLP and is kind of to the external world
8. Q7 Ambulance room in factory employing more than workers
9. Q8 Preserving or storing any article in cold storage is a
10. Q9 Ina factory the occupier may appoint a welfare officer where there are workers
11. Q10 Occupier means a person who has ultimate over the factory
    • B. True or False (any 7) 07
12. Q1 Looking devices for cutting off power are for permanently closing such machinery
13. Q2 Safety officer is appointed where 100 workers are employed in a factory
14. Q3 The Chief Inspector shall be the Chairman of the site Appraisal committee
15. Q4 Profit sharing is the true test of partnership
16. Q5 Liability of partners under partnership is limited
17. Q6 Under LLP the term business only includes trade
18. Q7 Atleast one of the designated partner shall be a resident in India
19. Q8 The death dissolve the firm
20. Q9 Aco-owner is the agent of the other co — owner
21. Q10 A retiring partner need not give a public of his retirement
22. Q2 a) dissolution ofa firm? Explain the grounds of dissolution of firm by court? 15 marks
    • b) What are the rights and liabilities of a minor admitted to the benefits of partnership. 15
23. Q3 a) Define LLP? Discuss the nature of LLP? 15 marks
    • b) What is the advantage of LLP? Difference between LLP and Partnership firm? 15
24. Q4 a) Explain the following terms: 15 marks
    • i) Hazardous process
    • ii) Occupier
    • iii) Factory
    • b) Explain the provisions of Factories Act regarding safety of workers? 15
    • Q.P. Code :20995
25. Q5 a) Who isa worker? Discuss its rights and obligations? 8 marks
    • b) Discuss the provisions of maintenance of adequate ventilation under Factories Act? 07 Write short notes: (any 3) 15
26. Q1 Precincts
27. Q2 Designated partners
28. Q3 Concept of Goodwill
29. Q4 Nominal partner
30. Q5 Precautions in case of fire under Factories Act

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