BBA 6th Semester

What do you understand by Termination of a Contract? What are the modes by which a Contract can be terminated?

by
Termination of a Contract: Modes and Explanation

The termination of a contract signifies the conclusion of the legal relationship and responsibilities between the involved parties. Upon termination, the parties are released from their contractual obligations. Various factors can lead to termination, such as the fulfillment of the agreed-upon terms, mutual agreement, violation of contract, inability to perform, or the expiration of the … Read more

What is Contingent Contract? Discuss its Features.

by
What is Contingent Contract. Discuss its Features.

A contingent contract is a type of agreement in which the execution of the contract is reliant on the occurrence or non-occurrence of a specific uncertain event in the future. According to Section 31 of the Contract Act, a contingent contract is defined as an agreement to perform or refrain from performing an action contingent … Read more

What is Breach of Contract? What Remedies are Available to an Injured Party for the Breach?

by
Breach of Contract with remedies

Breach of Contract is the failure of one party to perform their obligations under a contract without a lawful excuse. It occurs when one party does not fulfill their promises as agreed, or fails to perform the contract within the time frame specified, or performs the contract improperly. A breach can happen in various forms, … Read more

The relationship between business and society. The major changes and expectations of society towards business in Nepal

by

Answer: The relationship between Business and society depend on each other. Businesses provide jobs, products, and services, while society offers workers, resources, and customers. This connection helps both grow and succeed together. Business and society are closely connected and rely on each other. Businesses depend on society for things like workers, raw materials, and customers. … Read more

Factors that shape the relationship between business and society

by
Factors that shape the relationship between business and society

The relationship between business and society is shaped by factors like laws, cultural values, economic conditions, and technology. These factors influence how businesses operate and meet society’s needs while ensuring they act responsibly. Factors that shape the relationship between business and society 1. Economic Conditions The economy affects both businesses and people. When people have … Read more

Positioning – Concept, Types, Process

by
Positioning Process

Positioning is an essential aspect of marketing that shapes the perception of a product or brand in the minds of consumers in comparison to its competitors. This process entails establishing a distinctive image or identity for a product, service, or brand, thereby securing a unique and valued position within the target market. The primary objective … Read more

Targeting – Segment Evaluation, Analysis and Selection

by
Targeting - Segment Evaluation, Analysis and Selection

Targeting constitutes a fundamental aspect of an effective marketing strategy. Once a market has been divided into distinct segments based on various criteria such as demographics, behaviors, and preferences, the targeting process entails assessing the potential of each segment, analyzing its unique characteristics, and subsequently selecting the most suitable segments for focus. This methodology enables … Read more

AGENCY AND BUSINESS ORGANIZATION COMPREHENSIVE QUESTIONS ANSWER

by
AGENCY AND BUSINESS ORGANIZATION COMPREHENSIVE QUESTIONS ANSWER

AGENCY AND BUSINESS ORGANIZATION COMPREHENSIVE ANSWER QUESTIONS – [20 Marks] 1. [2021 Fall Q. No. 18a]:Read the case situation given below and answer the questions that follow: Dipen, a trader in pashmina shawls based in Kathmandu, contacted Pramod, his agent in Delhi, to find a party for the sale of 1000 pieces of Nepal-made shawls. … Read more

LAWS RELATING TO INFORMATION BOARD QUESTIONS WITH ANSWER

by
LAWS RELATING TO INFORMATION BOARD QUESTIONS WITH ANSWER

LAWS RELATING TO INFORMATION Theoretical Questions Brief Answer Questions – 2 Marks [2023 Spring Q. No. 10] Discuss the features of TRIP’s agreement. Answer: Characteristics of the TRIPs Agreement:The TRIPs Agreement harmonizes intellectual property legislation among member nations, providing worldwide safeguards for patents, copyrights, trademarks, and trade secrets. Its objectives include promoting innovation, ensuring equitable … Read more

LEGAL AND REGULARITY COMPLIANCE BOARD QUESTIONS WITH ANSWER

by
LEGAL AND REGULARITY COMPLIANCE BOARD QUESTIONS WITH ANSWER

LEGAL AND REGULARITY COMPLIANCE Theoretical Questions Brief Answer Questions [2023 Fall Q. No. 7] | [2019 Spring Q. No. 10] Write any two duties of consumer protection council of Nepal. Answer: The following are two responsibilities of the Consumer Protection Council of Nepal:i. The council is tasked with preventing hazardous or unethical business practices, including … Read more