Any course on Business Law generally comprises Chapters on Contract Act, Sale of Goods Act, Consumer Protection Act, Environment Protection Act and the like. But, the syllabus of Business Regulations prescribed for B.Com. (Regular, Fintech, A&F, BDA and LSCM) students of Bengaluru City University is an exception. Besides including chapter on the Contract Act (which is fundamental for any business transaction and hence cannot be missed), the paper includes chapter on highly relevant and contemporaneous legislations like The Sale of Goods Act, 1930; Consumer Protection Act 1986, 2019; and The Environment Protection Act, 1986 covering landmark judgments of a few Acts. The members of Board of Studies are sensitive and responsive to the changed needs of business.
Contents –
1. INTRODUCTION TO BUSINESS LAW
Meaning and Definition of Business
Meaning and Definition of Law
Classification of Legal Rules
Meaning and Definition of Business Law
Scope of Business Law
Origin of Business Law
Sources of Business Law
Objectives of Business Law
Problems of Business Law
Requirements of Effective Business Law
Review Questions
2. INDIAN CONTRACT ACT, 1872
Brief History of the Act
Scope of the Act
Objectives of the Act
Definition of Contract
Essentials of a Valid Contract
Classification of Contracts
Discussion Questions
Answers to Discussion Cases
Review Questions
2.1 OFFER AND ACCEPTANCE
Offer or Proposal
Essentials of a Valid Offer
Discussion Cases
Effect of a Counter Offer
Discussion Case
Essentials of Valid Acceptance
Revocation of Offer
Discussion Case
Answers to Discussion Cases
Review Questions
2.2 COMMUNICATION OF OFFER AND ACCEPTANCE
How Communication is Effected?
Implied Proposal and Acceptance
Communication of Proposal
Revocation of Offer through Communication
Communication of Acceptance
Is Silence Communication?
When Communication is Not Necessary
Review Questions
2.3 CONSIDERATION
Definition of Consideration
Components of Consideration
Legal Rules as to Consideration (Nature)
Adequacy of Consideration
Discussion Case
Exceptions to the Rule “No Consideration No Contract”
Lawful Consideration
Forebearance and Promissory Estoppel
Problem Cases
Review Questions
2.4 CONTRACTUAL CAPACITY
Meaning of Legal Capacity
Nature of Minor’s Agreement
Effects of Minor’s Agreements
Capacity of Insane Persons
Persons of Unsound Mind
Other Persons
Problem Cases
Review Questions
2.5 FREE CONSENT
Meaning of Free Consent
Circumstances When Consent is Not Free
Burden of Proof
Distinction between Coercion and Undue Influence
Types of Misrepresentation
Essential Elements of Fraud
Misrepresentation and Fraud Compared
Review Questions
2.6 LEGALITY OF OBJECT
Unlawful Agreements
Discussion Cases
Void Agreements
Exceptions to the Principles of Restraint of Trade
Review Questions
2.7 PERFORMANCE AND DISCHARGE OF CONTRACT
Meaning of Discharge Contract
Modes of Discharging Contract
Rules Relating to Performance
Grounds of Frustration
Quasi Contract
Anticipatory Repudiation
Review Questions
2.8 REMEDIES FOR BREACH OF CONTRACT
Meaning of Breach of Contract
Ways to Breach Contract
Remedies for Breach of Contract
Problem Cases
Review Questions
3. INDIAN SALE OF GOODS ACT, 1930
History of Sale of Goods Act
Scope of the Act
Definition of Contract of Sale
Essentials of a Contract of Sale
Classification of Goods
Distinction between Sale and Agreement to Sell
Conditions and Warranties
Distinction between a Condition and Warranty
Express and Implied Conditions and Warranties
Doctrine of Caveat Emptor
Rights of the Buyer
Right against the Seller for Breach of the Contract
Case: Ravinder Raj V. Ms. Competent Motors
Duties of the Buyer
Rights of Unpaid Seller against the Goods
Review Questions
4. CONSUMER PROTECTION ACT (COPRA), 1986 (Includes COPRA, 2019)
Background of the Act
Commencement and Scope of the Act
Definitions
Salient Features of the Act
Objectives of the Act
Rights of Consumer under the COPRA
Who Can File a Complaint?
Meaning of Complaint
Where to File a Complaint?
How to File a Complaint?
Relief Available to Consumers
Procedure for Filing the Appeal
Time Limit for Deciding Complaint/Appeal
Consumer Protection Councils
Consumer Dispute Redressal Agencies
District Forum
The State Commission
The National Commission
Penalties
Miscellaneous Provisions
Key Highlights of Consumer Protection Act, 2019
1. Cases – Birla Technologies Ltd. v. Natural Gas and Allied Industries
2. Controller, Vinayak Mission, Den. Col. & Anr. v. Geetika Khare
Review Questions
5. ENVIRONMENT (PROTECTION) ACT, 1986
Background to the Act
History of Environment Law
Present Century
Scope of the Act
Objectives of the Act
Definitions
Pollution
Types of Environmental Pollution
Global Warming
Ozone Depletion
The Causes of Ozone Depletion
The Main Ozone Depleting Substances (ODS)
The Impacts of Ozone Depletion
Scheme of the Act
Powers of the Central Government to Protect Environment in India
Prevention, Control and Abatement of Environmental Pollution
Miscellaneous
Review Questions
SKILL DEVELOPMENT EXERCISES
