NMIMS solved assignment Business Law 2023

NMIMS Global Access School for Continuing Education (NGA-SCE)

Course: Business Law

Internal Assignment Applicable for September 2021 Examination Assignment

1. Please explain Clayton’s Rule of Appropriation by pointing out the relevant provisions of law. (10 Marks)

2. Explain in detail two (2) real-life cases where provisions of information has been denied on grounds of the exemption stated in Right to Information Act, 2005. (10 Marks)

3. Jean Valjean has an adventure sports equipment shop. This shop is the only adventure sports equipment shop in the city of Nagpur. Cosette a young (adult) adventure enthusiast intends to begin a start up by setting up an adventure sports equipment shop along with adventure experience services like hiking, trekking, nature trail cycling etc. Understanding Cosette as a competitor, Jean Valijean looks at an opportunity to tie-up with Cosette and both agree to the following deal and have signed a contract to that extent: i. Both will divide the territory of Nagpur in two parts between themselves and each one will sell and market in their respective territory only. In case of any sale queries coming from the other’s territory, they will inform them. ii. Both will share the price list and adhere to the price. In other words neither of them will sell below the price. iii. They will create an adventure certification program and tie up with Nagpur local authorities for endorsement. This program will be made compulsory for anyone starting a shop, outlet or startup for adventure sports equipment in the city of Nagpur.

a) Is the Agreement between Jean Valjean and Cosette valid or illegal. Please support your answer with reasons and legal provisions (5 Marks)

b) Which authority has the jurisdiction to decide the legality of such transactions and what are the powers of such authority (5 Marks) (Note: please quote your answers to the above question in context of the facts provided) *********

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