NMIMS Solved Assignment Legal Aspect of Business December 2026

NMIMS Solved Assignment Legal Aspect of Business December 2026 :  [Unique]
NMIMS Solved Assignment Legal Aspect of Business December 2026 :  [ General]

Assignment Marks: 20
Instructions
NMIMS Centre for Distance and Online Education (NCDOE)
Course: Legal Aspect of Business
Internal Assignment Applicable for Dec 2026 Examination
l All Questions carry equal marks
l All Questions are compulsory
l All answers to be explained in not more than 1000 words for question Q1 and for question Q2(A)
and Q2(B) in not more than 500 words for each subsection. Use relevant examples, illustrations as
far as possible
l All answers to be written individually. Discussion and group work is not advisable.
l Students are free to refer to any books/reference material/website/internet for attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
l Students should write the assignment in their own words. Copying of assignments from other
students is not allowed
l Students should follow the following parameter for answering the assignment questions

Q1 ABC Electronics, a national retailer, enters into a contract to buy 2,000 smart
refrigerators from a manufacturer, with delivery scheduled in two installments over
three months. The contract includes an express warranty stating all refrigerators will
have a 3-year repair warranty, and meet a minimum energy efficiency standard. When
the first installment arrives, 400 units are found to be less energy efficient than
promised, but fully functional. Despite this, ABC decides to keep and sell the
refrigerators, then seeks damages from the manufacturer for the shortfall in
efficiency. Applying the concept of ‘warranty’ under section 12(3) of the Sale of
Goods Act, 1930, and the distinction between condition and warranty, how should
ABC Electronics proceed to claim its commercial rights? What legal remedies are
available to ABC, and why can it not repudiate the entire contract in this scenario?
(10 Marks)
Q2 (A) An e-commerce marketplace inadvertently processes a double payment from a
customer for a single order due to a technical glitch. The customer requests a refund,
but the seller refuses, believing no contract covered the second payment. The
marketplace itself is unsure whether it is required to intervene or if a contractual or
quasi-contractual remedy should apply. Stakeholders aim to resolve the dispute with
fairness and legal correctness. Evaluate whether the remedy in this scenario lies under
a quasi-contract or a traditional contract within the framework of the Indian Contract
Act, 1872. Justify your position by weighing the legal obligations of all three
entities—customer, seller, and marketplace—and recommend a fair course of action.
(5 Marks)
Q2 (B) In India, a mid-sized manufacturer seeks to secure a substantial loan for expansion.
The lender demands a contract of guarantee, and the manufacturer’s director offers to
act as surety. Subsequently, the lender and borrower amend the terms without
consulting the surety, leading to borrower’s default. The director contests his liability,
citing changes to the agreement. Both sides refer to the Indian Contract Act’s
provisions on guarantee and discharge of surety’s liability. Assess the legal and ethical
implications of enforcing liability against a surety when key contract terms have been
modified without their knowledge. Drawing on statutory and practical considerations,
argue how courts should balance creditor protection and fair treatment of guarantors
in such situations.
(5 Marks)