Legal Environment in Business

Daffodil International University Faculty of Science & Information Technology Department of Information Technology & Management Midterm Examination, Fall 25 Course Code: GE 215 Course Title: Legal Environment in Business; Instructor/Teachers: NI Time: 1:30 Hrs. Marks: 25 Instructions: A) You may answer the question (1,2 or 3) randomly, but the sections (a, b and c) should be sequentially. 1 | Legal concepts. [Marks -5] a) | Explain types of contract-based formations with examples | 3 | CLO 3 L 4 b) | Differentiate between Contingent and Wagering Agreement | 2 | 2 | Laws according to jurisdiction and legal system. [Marks -8] a) | Explain the Rules of the Offer | 3 | CLO 2 L4 b) | Explain sound mind and unsound mind with examples | 5 | 3 | Evaluate and assess the case. [Marks 3 x 4 =12] Demo case: Keanu Reeves searched and found the Missing Dog of Halle Berry without knowing that there are a re vard for finding the dog. Now Halle is refusing to pay. Demo Solution Who wins the case: In the case of Keanu Reeves VS Halle Berry the Court will be in favor of Keanu Reeves / Halle Berry. Status: The contract/ offer will be held valid/ invalid/ revoked / enforceable/void/illegal Reason: As Keanu Reeves did not accept the offer so there was no agreement/contract between the parties. a) | Mr Rahat was a normal person but recently due to his family property issues he frequently loses his temper and sometimes his sanity. Once he was unstable on his family issues and doing abnormal activities so his uncle agreed to the agreement to the demand that he made about the property Rahat was claiming. then it calmed the situation and after few days rahat came to senses. Now the uncle is not giving the property. Rahat filed a case. | 4 | CLO 1 L 5 b) | Mr Arun purchased Daraz 11 .11 campaign. on the campaign, It said the TV will be available in 11 taka. He ordered the TV with a credit card. During delivery bill shows a card due 55000 BDT. Then he checked the Daraz app. Everything was written during the confirmation of the offer which he did not read. Mr Arun filed a case to pay 11 tk for TV. | 4 | c) | Ms Nami received a Pi Brand handbag from his mother. She sold it at 2000 BDT to buy an iPhone 7. Later, she found the Pi bag price was 120000 BDT. now she want to recover the bag and want to pay back 2000 full. But the new woner do not want to give it back. | 4 |