This book is prepared keeping in mind the requirements of the students of Semester III, S.Y.B.Com.for external examination as per the Revised syllabus w.e.f.June 2017. Keeping in mind the examination several problems, case studies on each topic are discussed and explained.
This paper for external examination is divided into five modules.
In First module-Indian COntract Act 1872, topic-wise provisions of offer, acceptance, agreements, contracts, consideration, capacity to contract with case laws including leading judgements are given in easy literature.
Module Two consists of the Indian Contract Act,1872 with provisions relating to consent, Void Agreement, Contingent Contracts, Quasi Contracts, E-Contracts, Performance and Discharge of Contract, and Breach of Contract.
Module Three is about special contracts of Indemnity, Guarantee, Bailment, Pledge and Agency. The topic is made easier for the students to understand by giving several easy illustrations.
Module Four is about Sale of Goods Act, 1930. Formation and requirements of Contract of sale has been simplified by giving examples and comparative studies with other contracts.
Module Five consist of Negotiable Instruments Act,2015.All the provisions as per the syllabus are given in details with the required specimens of different negotiable instruments making it easier for the students to understand.
Contents –
Module I: The Indian Contract Act, 1872 Part I
1.Proposal and Acceptance
2.Agreement and Contracts (Ss.2 and 10)
3.Consideration (Ss.2 and 25)
4.Capacity to Contract (Ss.10-12 and 68)
Module II: The Indian Contract Act, 1872 Part II
5.Free Consent (Ss.13-22)
6.Legality of Considerations and Objects and Void Agreements (Ss.11,20-30,32,36,56-57 and 65)
7.Contingent Contract (Ss.31-36)
8.Quasi Contracts or Implied Contracts of Certain Relations Resembling Those Created by Contract (Ss.68-72)
9.E-Contracts
10.Performance of Contracts
11.Discharge of Contract
12.Breach of Contract-Consequences and Remedies
Module III: Special Contracts
13.Contracts and Indemnity and Contract of Guarantee (Ss.124-125)(Ss.126-129,132-147)
14.Contract of Bailment and Pledge (Ss.148,152-154,162,172,178,178A & 179
15.Contract of Agency (Ss.182-185,201-209)
Module IV: The Sale of Goods Act, 1930
16.Formation of a Contract of Sale (Ss.2,4-10)
17.Conditions and Warranties (Ss.11-17 and 62)
18.Passing of Property and Title (Ss.18-25 and 63)
19.Rights of an Unpaid Seller (Ss.45-54 and 63)
20.Auction Sales-Concept and Legal Provisions
Module V: The Negotiable Instruments Act, 2015
21.Characteristics of a Negotiable Instrument and Special Rules of Evidence (Ss.11-13,17,20,134-137)
22.Promissory Notes and Bills of Exchange (Ss.4-5,108-116,132)
23.Cheques (Ss.6,138-147)
24.Miscellaneous Provisions (Ss.8-10,99,104A)
25.Objectives for Module I to V
26.Model Question Paper
