BCom In Accounting & Finance (BCAF) SEM III ATKT BUSINESS LAW Question Paper - Mumbai University | munotes

Questions asked in this paper

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1. Q1 A. the blank (any 8) 8 marks
2. Q1 LLP shall bea anda separate from its partners
3. Q2 Test of partnership is
4. Q3 In partnership liability of the partners is
5. Q4 A firm has no
6. Q5 LLP Act came in force in the year
7. Q6 is not liable for holding out after his
8. Q7 Every LLP has to have at least two
9. Q8 The shall be the chairman of Site Appraisal Committees
10. Q9 Wherein there more than workers employed the occupier shall provide canteens
11. Q10 The Factory Act came into force in the year
    • B. True or False (Any 7) 07
12. Q1 Special measures should be taken where inflammable gas or vapour is under pressure
13. Q2 The factory is required to keep necessary equipment or facilities for extinguishing fire
14. Q3 Ambulance room in factory shall be provided for more than 250 workers employed
15. Q4 LLP firm may have atleast minimum four partners
16. Q5 Railway running shed is not a factory but railway workshop is a factory
17. Q6 In LLP no partner is liable for wrongful act another partner
18. Q7 The Indian Partnership Act of 1932 governs LLP
19. Q8 is the agent of the firm for the purpose of business of the firm
20. Q9 Asleeping partner is not liable to the outside for all the acts of the firm
21. Q10 The personal property of a minor is liable for the debts of the firm
22. Q2 a) Define partnership? Explain the rights and duties of partners? 15 marks
    • b) Explain the provisions of retirement of a partner? 15
23. Q3 a) Explain the extent and limitation of liability of LLP and its partners? 15 marks
    • b) Discuss the incorporation of LLP? Explain provisions of conversion into LLP? 15
24. Q4 a) Explain the provisions of Factors Act regarding safety of workers? 15 marks
    • b) Explain the following terms: 15
    • i) Body corporate Paper Subject Code: 79807 Business Law ( Business Regulatory Frame work) IT
    • Q.P. Code :20996
25. Q5 a) provisions regarding cleanliness of the factory premises? 8 marks
    • b) What are restrictions on young workers and women workers? 07 Write short note: (any 3) 15
    • 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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