Business Law – I

₹175.00

SYBFM — SEMESTER – III

Author: Kalaivani Venkataraman

Categories: BFM, Compulsory, S. Y. BFM, Semester - III

Description

Description

SYLLABUS

No.	Modules/ Units
1	Indian Contract Act 1872
	• Definitions (S.2): Agreement, kinds of Agreements, Contract- kinds of contracts: Valid, Void, Voidable, Contingent and Quasi Contract and Econtract, distinguish between Agreement and Contract. • Offer or Proposal: definition, Essentials of Valid proposal or offer, counter offer, Standing or open offer, distinguish between offer and invitation to offer, Acceptance-definition, Essentials of a valid acceptance, Promise. Communication of Offer and acceptance and Revocation. • Capacity to contract (Ss.10-12), Consent and Free Consent (Ss.13-22) • Consideration (S.2 and 25) and Void Agreements (Ss.24-30)
2	Special contracts
	• Law of Indemnity and Guarantee (Ss.124-125, Ss-126-129,132-147) • Law of Bailment and pledge (Ss. (Secs. 148, 152-154, 162, 172, 178, 178A and 179) • Law of Agency (S. 182-185 & 201-209 only)
3	The Sale of Goods Act 1930
	• Introduction, Definitions (Sec. 2), Formalities of the contract of sale (Ss. 4-10), Distinction between ‘sale’ and ‘agreement of sell, Distinction between ‘sale and hire-purchase agreement’ Conditions and Warranties (11-17) • Transfer of property as between the seller and the buyer (S. 18-26) • Rights of an unpaid seller (Secs. 45-54)
4	Negotiable instruments Act 1881
	• Meaning and Characteristics of Negotiable Instrument, Operational Rules of • Evidence – Presumptions, classification of Negotiable Instruments. Promissory Notes and Bills of Exchange(Ss. 4,5,108-116) Essential elements of Promissory Note and Bill of Exchange, distinguish between Promissory note and Bill of Exchange. Acceptor and Acceptance, • Definition of Acceptor, Acceptance for honour, Absolute and qualified or conditional acceptance, Drawer, Drawee in case of Need (Ss.7,115 & 116) Payee, Cheques, Types of Cheque and Penalties in case of dishonour of certain cheques, distinguish between cheque and Bill of exchange, (Secs: 6,123- 131A,138-147) • Miscellaneous Provisions: (Secs: 8-10, 22, 99-102, 118-122, 134-137) Holder (S. 8), Holder in Due Course (S. 9), Rights and privileges of H.D.C. Payment in due course (S. 10), Maturity of an Instrument (S. 22), Noting (S. 99), Protest (S. 100-102). Bills in Set. (Sec. 13)