It’s important for business owners, managers, and other professionals to have a basic understanding of business law to help them make better decisions. Just as there are laws that apply to people, there is a huge body of law that applies to business. Businesses need these laws for the same reasons that people do: to define unacceptable behaviour, to provide certainty and stability, to protect the public, and to provide a mechanism for businesses to resolve disputes. Throughout a business’ existence, it can do most things that a person can do, and we need laws to control those activities. A business can buy and sell property, sue and be sued, enter into contracts, hire and fire employees, and even commit crimes.
Contents –
UNIT – I
1. Introduction and Nature of Law
2. Offer and Acceptance
3. Consideration
4. Capacity of Parties
5. Free Consent
6. Lawful Objects
7. Legality of Objects
8. Void Agreements
9. Performance of Contract
10. Discharge and Remedies for Breach of Contract
11. Contingent and Quasi-Contracts
12. Indemnity and Guarantee
13. Bailment and Pledge
14. Law of Agency
UNIT – II
15. Sale of Goods Act, 1930
16. Conditions and Warranties
17. Transfer of Property (Ownership)
18. Performance of Contract on Sale
19. Rights of an Unpaid Seller
20. Consumer Protection Act
21. Right to Information Act
UNIT – III
22. Definition and Nature of Partnership
23. Formation of Partnership
24. Rights, Duties and Liabilities of Partners
25. Dissolution of Partnership Firm
26. Nature and Formation of the Limited Liability Partnership Act, 2008
27. Liability of Limited Liability Partnership
UNIT – IV
28. Meaning and Types of Negotiable Instruments Act
29. Holder and Holder in Due Course
30. Presentment of Negotiable Instrument
31. Negotiation of Negotiable Instrument
32. Dishonour and Discharge of Negotiable Instruments
Multiple Choice Questions
University Question Papers
Model Question Papers
Last Minute Revisions(LMR)
