Unit I deals with the concept of, Contracts, which is very vital for business., This unit will help the students to understand:, ¾, ¾, ¾,, The significance of law in business, What contracts are and the types of contracts, The essential elements of valid contracts,, INTRODUCTION, One should know the law to which he is subject because ignorance of law is no excuse., Mercantile law is not a separate branch of law. Business Law,, UNIT-I, LESSON-1, LAW OF CONTRACT, CONTENTS, 1.1.1, 1.1.2, 1.1.3, 1.1.4, 1.1.5,, Introduction, The Indian Contract Act, 1872, Essential elements of a valid contract, Classification of contracts, Contingent contracts, Check your progress: 1,, AIMS AND OBJECTIVES, Business Law is a very important subject in that it equips the students to understand the, various types of laws that are applicable to business.
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#BUSINESS LAW TEXTBOOK PDF FREE#
Business Law,, CONTENT, Lessons,, PAGE, No., UNIT-I,, 1,, LAW OF CONTRACT,, 2,, OFFER AND ACCEPTANCE,, 19,, 3,, CAPACITIES OF PARTIES,, 36,, 4,, CONSIDERATION,, 44,, 5,, FREE CONSENT,, 51,, 6,, LEGALITY OF OBJECT AND CONSIDERATION, AND, AGREEMENTS OPPOSED TO PUBLIC POLICY,, 67,, 7,, PERFORMANCE OF A CONTRACT,, 79,, 8,, DISCHARGE OF A CONTRACT,, 85,, 9,, REMEDIES FOR BREACH OF CONTRACT,, 91,, 10,, INDEMNITY AND GUARANTEE,, 97,, 11,, BAILMENT AND PLEDGE,, 102,, 12,, CONTRACT OF AGENCY,, 106,, 13,, CREATION OF AGENCY,, 109,, 14,, CLASSIFICATION OF AGENTS,, 113,, 15,, EXTENT OF AGENT’S AUTHORITY,, 116,, 16,, POSITION OF PRINCIPAL AND AGENT IN RELATION TO,, 119,, 5,, THIRD PARTIES,, 17,, TERMINATION OF AGENCY,, 127,, UNIT-II, 18,, LAW OF SALE OF GOODS,, 132,, 19,, SUBJECT-MATTER OF CONTRCT OF SALE,, 138,, 20,, CONDITIONS AND WARRANTIES,, 142,, 21,, CAVEAT EMPTOR,, 146,, 22,, TRANSFER OF PROPERTY,, 148,, 23,, SALE BY NON-OWNERS,, 155,, 24,, DELIVERY,, 161,, 25,, RIGHTS AND DUTIES OF A BUYER,, 165,, 26,, RIGHTS OF AN UNPAID SELLER,, 168,, 3ī.B.A. Discharge of contracts – Remedies for, breach of contracts – Quasi contracts – contracts of Indemnity and guarantee –, Bailment and Pledge – Law of Agency., UNIT – II, The Sale of Goods Act, 1930 – contract of sale, essentials: Duties of buyers and, sellers – Conditions and Warranties: Transfer of property- Performance of the, contract of sale – Rights of an unpaid seller., UNIT – III, The Negotiable Instrument Act, 1881: Negotiable instruments, parties to a, negotiable instrument, material alteration., The Indian Partnership Act, 1932: meaning and test of partnership registration, of firms relations of partners rights and duties dissolution of partnership., UNIT – IV, Law of Insurance: Contract of insurance fundamental of principles life, insurance fire insurance and marine insurance., UNIT –V, The Companies Act, 1956 definition of a company, characteristics, kinds, incorporation of a company Memorandum and Articles of association, Prospectus, Directors, Appointment, Powers and duties, Company meetings, Resolutions and Minutes., RECOMMENDED BOOKS:, 1., 2., 3.,, N.D.Kapoor, M.C.Shukla, D.F.Mulla,, - Elements of Mercantile Law, - Mercantile Law, - The Indian Contract Act,, 2ī.B.A.
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Business Law,, (Syllabus), Core Paper-12 BUSINESS LAW, UNIT – I, The Indian contract Act, 1872: Contracts, meaning, essential elements, nature of, contracts - Performance of contract.