C-08 LEGAL ASPECTS OF BUSINESS – MBA II-SEMESTER ASSIGNMENT – 2021- – KSOU Solved Assignments Latest

Send your semester & Specialization name to our mail id :

help.mbaassignments@gmail.com

or

Call us at : 08263069601

KARNATAKA STATE OPEN UNIVERSITY

MUKTHA GANGOTHRI, MYSORE -570 006

DEPARTMENT OF STUDIES AND RESEARCH IN MANAGEMENT

MBA II-SEMESTER ASSIGNMENT CIRCULAR & QUESTIONS- 2021

Name:

Roll No.

ASSIGNMENT QUESTIONS

C-08 LEGAL ASPECTS OF BUSINESS

1. What is Partnership Firm? Discuss the different modes of Dissolution of Partnership Firm

 Answer: Persons who have entered into partnership with one another to carry on a business are individually called “Partners“; collectively called as a “Partnership Firm”; and the name under which their business is carried on is called the “Firm Name”

A partnership firm is not a separate legal entity distinct from its members. It is merely a collective name given to the individuals composing it. Hence, unlike a company which has a separate legal entity distinct from its members, a firm cannot possess property or employ servants, neither it can be a debtor or a creditor. It cannot sue or be sued by others.

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

help.mbaassignments@gmail.com

or

Call us at : 08263069601

2. Define Intellectual Property Rights. Examine the various forms of Intellectual Property.

Answer: Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.

Four Types of IP

  1. Copyrights
  2. Patents
  3. Trademarks
  4. Trade Secrets

Type 1 – Copyrights

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

help.mbaassignments@gmail.com

or

Call us at : 08263069601

Leave a Reply