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BUSINESS LAW

Unit I: The Indian Contract Act. 1872 : General Principals of Law Contract
a) Contract – meaning, characteristics and kinds
b) Essentials of valid contract- Offer and acceptance , consideration, contractual capacity
c) Void agreements
d) Discharge of contract – modes of discharge including breach and its remedies.
e) Contingent contracts
f) Quasi – contracts

(15 Lectures)

Unit II: Special Contract
a) Contract of Bailment
b) Contract of Agency

(15 Lectures)

Unit III: The Sale Of Good Act. 1930
a) Contract of Sale, meaning and difference between sale and agreement to sell.
b) Unpaid seller- meaning and rights of an unpaid seller against the good and buyer.
c) Auction Sale

(15 Lectures)

Unit IV: The Negotiable Instruments Act 1881
a) Meaning and Characteristics of Negotiable Instruments : Promissory Note, Bill of Exchange,
Cheque
b) Negotiation: Types and Endorsements
c) Crossing of Cheque
d) Bouncing of Cheques

(15 Lectures)

Unit V: The Information Technology Act, 2000
a) Definitions under the act
b) Electronic Governance
c) Attribution, acknowledgement, and dispatch of electronic records
d) Penalties and Adjudication
e) Appellate Tribunal
f) Offences

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