NMIMS Solved Assignment Legal Aspect of Business June 2026

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

Assignment Marks: 20
Instructions
PLEASE NOTE: This assignment is application based, you have to apply what you have
learnt in this subject into real life scenario. You will find most of the information through
internet search and the remaining from your common sense. None of the answers appear
directly in the textbook chapters but are based on the content in the chapter
NMIMS Centre for Distance and Online Education (NCDOE)
Course: Legal Aspect of Business
Internal Assignment Applicable for June 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 A startup electronics retailer has recently signed a large contract to supply custom branded
smartwatches to a nationwide fitness chain. The contract specifies exact
features and performance standards. However, after initial delivery, the client
discovers that a significant percentage of the watches do not match the agreed-upon
technical specifications. The client is dissatisfied, threatening legal action and
withdrawal from the contract. The retailer’s leadership team must decide how to
respond, considering the essential elements of the contract and the remedies available
under the Sale of Goods Act, 1930.Apply the legal principles governing conditions
and warranties in sales contracts to this scenario. How should the retailer distinguish
between a breach of condition and a breach of warranty, and what actions can it take
to address the client’s complaints while minimizing legal liability and preserving
business relationships?
(10 Marks)
Q2 (A) A multinational supplier entered into a year-long exclusive distribution contract with
an Indian retail chain. Six months into the agreement, the supplier alleges undue
influence by senior executives of the retailer at the time of signing, claiming threats
were made during negotiations. The retailer insists the contract was signed with free
consent and all terms were clear. Both parties now contest the validity of the contract,
with the business at risk of supply chain disruption and reputational loss.Assess the
competing claims regarding the enforceability of this contract by analyzing the
concept of ‘free consent’ and the doctrine of undue influence as per the Indian
Contract Act, 1872. Critique the strengths and weaknesses of each party’s position,
and recommend how the dispute should be resolved for optimal commercial and
ethical outcomes.
(5 Marks)
Q2 (B) A large logistics company mistakenly credits a sum of Rs.1,00,000 to a vendor’s
account instead of the intended recipient. The vendor, aware of the extra funds, uses
the money for business operations. Later, the error is discovered, and the company
requests the vendor to return the sum. The vendor claims he accepted the payment in
good faith and is unwilling to return it without compensation for the operational
improvements made. Evaluate the legal obligations of the vendor under Section 72 of
the Indian Contract Act, 1872, considering the principles of quasi-contract and unjust
enrichment. Critically assess whether the vendor is entitled to retain the benefit and
suggest the most equitable resolution in this situation. Justify your position by
analyzing both parties’ perspectives.
(5 Marks)