Business Regulatory Frame Work (M Low) (TYBCOM) || Question Bank

Business Regulatory Frame Work (M Low)  (TYBCOM) || Question Bank 

Negotiable Instruments Act, 1881

Short Answer Questions

1. What are the presumptions in respect to negotiable instruments according to

Sections 118 and 119?

2. What are the differences between a cheque and a bill of exchange?

3. What are the different types of crossing?

4. Briefly explain the qualifications of a ‘holder in due course’.

5. Briefly explain the provisions relating to the liability of parties to negotiable

instruments.

6. What do you mean by the ‘protest’? Briefly explain.

Long Answer Questions

1. Explain the characteristics of negotiable instruments in detail.

2. Discuss the essential requirements for being a valid promissory note.

3. Discuss the privileges of holder in due course under the Negotiable Instruments

Act.

4. Describe the different kinds of endorsements in detail.

5. Explain the provisions related to the notice of dishonour.

6. Evaluate the penalties for the dishonouring of cheques.

E-Contracts (ETransactions/ECommerce)

Short Answer Questions

1. Write a short note on the e-commerce communication mechanism.

2. What are the exceptions to the provisions of the IT Act, 2000?

3. Briefly explain the time and place of despatch and receipt of electronic record

according to the IT Act 2000.

4. How is authentication of electronic records done?

5. In what circumstances the certifying authority can suspend and revoke digital

signature certificate?

6. State the powers of the Controller of Certifying Authorities.

7. State the provision under the Section 43A of the IT Act 2000.

Long Answer Questions

1. Explain the advantages of e-commerce to organization and society.

2. Discuss the nature and legality of e-transactions/e-commerce in view of IT Act

2000.

3. Describe the provisions under the Section 12 of the IT Act 2000.

4. Explain the procedure of using digital signatures according to the IT Act 2000.

5. Discuss the functions of controller according to the IT Act 2000.

6. What are the procedures that should be followed by a Certifying authority?

Also, explain the duties of such Certifying authority.

7. Discuss the penalty and compensation for damage to computer, computer

system, etc. under the IT Act 2000.

The Consumer Protection Act, 2019

Short Answer Questions

1. How is consumer defined under the Consumer Protection Act, 2019?

2. What are the provisions related to the Central Consumer Protection Council

according to the Consumer Protection Act, 2019?

3. Briefly discuss the jurisdiction of District Commission under the Consumer

Protection Act, 2019.

Long Answer Questions

1. Discuss the meaning of ‘Unfair trade practice’ in detail as given under the

Consumer Protection Act, 2019.

2. Describe the composition and jurisdiction of the National Commission under

the Consumer Protection Act, 2019.

3. Explain the procedure on admission of complaint at District Commission under

the Consumer Protection Act, 2019.

Intellectual Property Rights

Short Answer Questions

1. Write a short note on the governing bodies of WIPO.

2. Which inventions are not patentable under the Patent Act?

3. What are the rights conferred under the moral and economic rights in the

Copyright Act? What is the difference between the two?

4. What are the fundamental principles of the Trade Mark Act, 1999?

5. State the provisions related to the duration of a registered trademark.

6. What types of trademarks are available for adoption?

7. Briefly explain the provisions under the Section 30 of the Designs Act 2000.

Long Answer Questions

1. Explain the meaning and importance of intellectual property.

2. Discuss the objectives and activities of TRIPS.

3. Discuss the procedure for applications for patent.

4. Discuss the rights of a patent holder.

5. Discuss the subject matter of copyrights.

6. Describe the rights conferred by the registration of trademarks.

7. Evaluate the characteristics of design.