This Paper has 33 answerable questions with 0 answered.
Roll No–––––––– | |
Time allowed : 3 hours | Maximum marks : 100 |
Total number of questions : 8 | Total number of printed pages : 2 |
PART — A |
(Answer Question No.1 which is compulsory and any two of the rest from this part.) |
1. | (a) | State, with reasons in brief, whether the following statements are true or false: | 2each | |
| | (i) | Death of the offer or automatically puts an end to the offer. | | (0) |
| | (ii) | A seller who is partly–paid and partly–unpaid is also an unpaid seller. | | (0) |
| | (iii) | Sharing of losses is not an essential element of partnership. | | (0) |
| | (iv) | A promissory note must contain an express promise or a clear undertaking to pay. | | (0) |
| | (v) | Every company is required to hold a statutory meeting of the members before commencement of business. | | (0) |
| (b) | Write notes on any two of the following : | 5each | |
| | (i) | Agency by ratification. | | (0) |
| | (ii) | Implied warranties | | (0) |
| | (iii) | Legal position of a promoter. | | (0) |
| | (iv) | Stale cheques. | | (0) |
2. | (a) | Explain, with suitable examples, the circumstances under which a minor’s estate is liable to reimburse for necessaries supplied to him. | 5each | (0) |
| (b) | Distinguish ’sale’ from an ’agreement to sell’ under the Sale of Goods Act, 1930. | | (0) |
| (c) | Anurag promises to pay Rs. 11,000 to the management committee of a school by way of a donation. The management committee, on the basis of Anurag’s promise, gets a Water Purifier System (Acquaguard) installed in the school at a cost of Rs.8,000 on credit. Now, Anurag refuses to pay the donation. What is the remedy available to the management committee of the school ? Give reasons. | | (0) |
3. | (a) | Explain the provisions of the Companies Act, 1956 regarding appointment of directors by the Board of directors. | 5each | (0) |
| (b) | Write a note on ’goodwill’ in a partnership business. | | (0) |
| (c) | Explain the role of a Company Secretary. | | (0) |
4. | (a) | State the significance of ’crossing of a cheque’. What is the effect of ’account payee’ crossing? | 5each | (0) |
| (b) | "Risk prima facie passes with ownership." Comment. | | (0) |
| (c) | Rohit is not a partner in a particular firm. But, he represents himself or knowingly permits himself to be represented as a partner of that particular firm to Sanjay, who on the faith of such a representation gives credit to the firm. Is Rohit liable as a partner in the firm ? | | (0) |
PART — B |
(Answer Question No.5 which is compulsory and any two of the rest from this part.) |
5. | (a) | State, with reasons in brief, whether the following statements are true or false: | 2each | |
| | (i) | Management is not a profession. | | (0) |
| | (ii) | Planning is the same thing as forecasting. | | (0) |
| | (iii) | Every manager needs to be a leader. | | (0) |
| | (iv) | Resistance to change is not always dysfunctional. | | (0) |
| | (v) | There may be decentralisation without delegation. | | (0) |
| (b) | Write notes on any two of the following : | 5each | |
| | (i) | Informal organization | | (0) |
| | (ii) | Budgetary control | | (0) |
| | (iii) | Crosswise communication | | (0) |
| | (iv) | Enterprise self–audit. | | (0) |
6. | (a) | "Coordination is the essence of management." Discuss the statement and explain the principles of coordination. | 8 | (0) |
| (b) | Compare ’line’, ’functional’ and line and staff organisations. | 7 | (0) |
7. | (a) | Define ’manpower planning’. What are the major benefits of manpower planning ? | 8 | (0) |
| (b) | Briefly explain the methods of ’performance appraisal’. | 7 | (0) |
8. | (a) | Explain the need–want–satisfaction chain of motivation. What are the salient features of equity theory of motivation? | 8 | (0) |
| (b) | State the important principles of communication. | 7 | (0) |