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09BA107
 

09BA107     LEGAL ASPECTS OF BUSINESS             

3    1    0   3.5

UNIT I

MERCANTILE LAW-CONTRACTS

12

Object, Need and Sources of Mercantile Law  - Nature, Elements and Classifications  - Agreement-Offer and Acceptance  - Reality of Assent - he Effect of Mistake, Fraud of Duress  - Consideration  - Legal Capacity of Partners-Illegal Agreements   - Free Consent  - Contingent Contract  - Contracts in Writing-Contractual Rights and Duties  - Performance and Discharge of Contractual Obligations  - Remedies for Breach of Contract.

UNIT II

AGENCY, SALES

12

Nature  - Steps in Creation - Agents` Authority  - Liability of Principal and Third Party - Rights  - Duties - Termination of Agency 

Sales Contract - Conditions - Warranties in Sales Contract - Transfer of Title and Risk of Loss - Performance of Sales Contract.

UNIT III

NEGOTIATE INSTRUMENTS AND AGENCY

12

Types, Nature and Requisites - Transfer and Liability of Parties on Negotiable Instruments - Enforcement of Secondary Liability - Holder in Due Course - Discharge of Negotiable Instrument - Rules for Cheques and Banks

UNIT IV

COMPANY LAW

12

Principles  - Types of Companies - Memorandum of Association - Articles of Association - Prospectus - Powers, duties and liabilities of Directors.

UNIT V

INDUSTRIAL LAW

12

The Factories Act, 1948 - The Payment of Wages Act, 1936 - The Payment of Bonus Act, 1965 -The Industrial Disputes Act, 1947.

TOTAL: 45+15

TEXT BOOKS:

Sl.No.

Author(s)

Title of the Book

Publisher

Year of

Publication

1.

Kapoor N D

Elements of Mercantile Law

Sultan Chand and Sons

2004

2.

Sen and Mitra, Arun Kumar Sen and Jitendra Kumar Mitra

Commercial and Industrial Law

The World Press Private Limited

1996

REFERENCE BOOKS:

Sl.No.

Author(s)

Title of the Book

Publisher

Year of

Publication

1.

Sen and  Mitra

Commercial and

Industrial  Law

Taxmann Publications

2000

2.

Gogna P P S

Mercantile Law

Sultan .Chand and Sons

1996

4.

Shukla M C

Mercantile Law

Sultan Chand and Sons

2000

5.

Respective Bare Acts.

6.

Francis Cherunilam

Business Environment

Himalaya Publishing House

2005

WEB URLs:

  • www.indianinbusiness.nic.in
  • www.infinijuridique.in

 

 

 
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