Business Regulatory Framework Important Questions 2026 | BBA 2nd Semester MS University

Important Questions – Business Regulatory Framework
BBA 2nd Semester | Manonmaniam Sundaranar University | April 2026
Business Regulatory Framework is one of the most important theory papers for BBA students under Manonmaniam Sundaranar University. This article contains the most expected and repeatedly asked university questions based on syllabus analysis and previous year question papers (April 2024 & April 2025).
Students can use this post for quick revision, model exam preparation, semester practice, and last-minute preparation before university examinations.
⭐ PART A – 1 Mark (MCQ Focus Areas)
- Definition of void contract vs voidable contract
- Types of consideration
- Memorandum of Association – likened to a constitution
- A Public Company can borrow money after certificate of commencement
- ISP stands for Internet Service Provider
- IT Act was passed in 2000
- Consumer Protection Act applies to all goods and services
- RTI – Right to Information comes from a law passed by Parliament
- Focus on legal definitions and keywords.
- Memorize important years, abbreviations, and Acts.
- Revise university MCQs regularly.
- Practice important legal terms daily.
⭐ PART B – 5 Marks (Short Answer)
Unit 1 – Indian Contract Act 1872
- What are the elements of a valid offer?
- Who are persons disqualified from entering a contract?
- Distinguish between agreement and contract
- Discuss the various kinds of mistakes
Unit 2 – Special Contracts
- What are the essentials of a valid agency?
- Who is an unpaid seller?
- Explain the essentials of bailment
Unit 3 – Companies Act
- What documents are required for registration of a company?
- How is appointment of directors done?
- Differences between Memorandum and Articles of Association
Unit 4 – Consumer Protection & RTI
- Who is a consumer under Consumer Protection Act?
- Is there any exemption from disclosure under RTI Act?
Unit 5 – Cyber Law / IT Act
- State the need for Cyber Law in India
- Main objectives of the IT Act, 2000
- Write answers with headings and subheadings.
- Practice difference-based questions in table format.
- Learn definitions along with examples.
- Use point-wise answers for better presentation.
⭐ PART C – 8 Marks (Long Answer – Most Important)
Unit 1
- ✅ Explain the essentials of a valid contract (repeated both years)
- Explain the legal rules governing acceptance
- Essentials of a valid consideration
- Types of damages in breach of contract
Unit 2
- ✅ Explain the various methods of delivery of goods
- Describe the different kinds of agents / modes of creating agency
- Implied conditions in Sale of Goods Act
Unit 3
- ✅ Contents of Prospectus
- Features of a Company
- Procedure for winding up of a company
- Requisites of a valid meeting
Unit 4
- Powers and functions of Central Consumer Protection Authority
- Salient features of Consumer Protection Act
- Method of seeking information under RTI Act
Unit 5
- ✅ Significance / History of Cyber Law in India (repeated both years)
- Issues dealt by IT Act, 2000
- Functions of Controller of Certifying Authority
- Write introduction, body, and conclusion clearly.
- Underline legal terms and important concepts.
- Use bullet points wherever possible.
- Mention Acts, sections, and provisions properly.
- Practice repeated university questions regularly.
ЁЯФе Top 5 "Most Likely" Questions for April 2026
- Essentials of a valid contract
- Explain the contents of a Prospectus
- Significance of Cyber Law in India
- Powers of Central Consumer Protection Authority
- Differences between MOA and AOA
ЁЯУМ Last Minute Revision Tips
- Revise repeated university questions first.
- Focus more on Unit 1, Unit 3, and Unit 5.
- Prepare definitions thoroughly for Part A.
- Practice writing long answers within time limits.
- Read previous year university question papers before the examination.
- Maintain proper presentation and neat handwriting in exams.
ЁЯУЦ Conclusion
These important questions are prepared based on syllabus analysis and previous university examinations. Students who prepare these questions thoroughly can improve their chances of scoring high marks in the Business Regulatory Framework examination.
Consistent revision, proper presentation, and understanding legal concepts are the key factors for success in university examinations.
⚠️ Disclaimer
This post is created only for educational and exam preparation purposes. The important questions listed above are based on syllabus analysis and previous year university question papers. These questions are predictions and references only.
We do not guarantee that the same questions will appear in the university examination. Students are advised to prepare all units thoroughly and refer to official university materials, textbooks, and classroom notes for complete preparation.