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B.Com. (Accounting and Finance) SEM III 2018 2019 Oct 2019 BUS LAW Question Paper - Mumbai University | munotes

S.Y.ACC.FIN.SEM III OCT.18(CHOICE BASE) BUS LAW (BUS.REGULATORY FRAM WORK II.pdf
SEM III · 2018-2019 · 321 KB · 26 Jan 2026

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Questions asked in this paper

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  1. Q1 A. Fill in the blank (Any 8) 8 marks
    • 1. Provision of créches in factories employing more than workers
    • 2. There should be a shelter room for workers in a factory
    • 3. An irregular explusion is wholly &
    • 4. Sleeping partner need not give any about its retirement from the firm
    • 5. Afirm may be dissolved with the of all partners
    • 6. Apartner is entitled to interest at per annum on any payment made by him
    • 7. The test of the existence of partnership is
    • 8. An unlisted may be converted into a LLP
    • 9. The_ constitutes capital of LLP enclosed by wall or fences
  2. Q1 B. Match the column (Any 7) 7 marks
    • 1. Precincts a) Principal and agent
    • 2. Workers b) Injurious to health
    • 3. Occupier c) Space enclosed by wall
    • 4. Overcrowding d) By order or court
    • 5. Complusory dissolution e)
    • 6. Manufacturing process f) Controls the factory
    • 8. Adult h) Impairment to health
    • 9. Young person i) Child or an adolescent
    • 10. Hazardous process j) Completed 18 years of age
  3. Q2 a) Mutual Agency is a true test of partnership? Explain? 15 marks
  4. Q2 b) Explain the rights & liabilities of a partner on dissolution? 15 marks
  5. Q3 a) What is the provision of contribution under LLP Act? 15 marks
  6. Q3 b) Define LLP? Explain its features, advantages? 15 marks
  7. Q4 a) Explain the provision of Factories Act regarding health of workers? 15 marks
  8. Q4 b) Explain the provision under Factories Act regarding washing facilities, storing & Drying of Wet Clothing , First Aid Appliances & Sitting facilities? (15) Paper Subject Code: 79807 Business Law ( Business Regulatory Frame work) IT
  9. Q5 a) Explain the term Manufacturing Process under Factories Act? 8 marks
  10. Q5 b) What are the restrictions on young & women workers? 7 marks
  11. Q5 Write Short Notes (Any 3) 15 marks
    • 1. Provision as to drinking water
    • 2. Actual or Ostensible partner
    • 3. Compulsory Dissolution
    • 5. Safety officer

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