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Foundations of Business Law

The document provides an overview of the topics to be covered in a course on foundations of business law in the Indian legal system. The course will cover the nature of contracts, including offer and acceptance, consideration, consent and other essential elements. It will also cover specific contracts such as sale of goods, bailment, agency, partnership, and negotiable instruments. Case studies will be used to illustrate key concepts. The lectures will refer to chapters and sections from the specified reference materials.

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Amandeep Singh
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247 views3 pages

Foundations of Business Law

The document provides an overview of the topics to be covered in a course on foundations of business law in the Indian legal system. The course will cover the nature of contracts, including offer and acceptance, consideration, consent and other essential elements. It will also cover specific contracts such as sale of goods, bailment, agency, partnership, and negotiable instruments. Case studies will be used to illustrate key concepts. The lectures will refer to chapters and sections from the specified reference materials.

Uploaded by

Amandeep Singh
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Foundations of business law: Indian legal system I)Definition II)scope & sources of business law

->Reference : examples 1,Chapter 1

Lecture 2

Nature of contract: Object of Law of ->Reference :1,Chapter 1 contract,Definition of Contract, Essential elements of a valid contract, Classification of Contracts: according to their Validity, Formation or performance Offer: Meaning, How an offer is ->Reference :1,chapter - 2 made,what constitutes an offer, Legal rules as to offer, Cross Offers, Lecture 4

Ch 1(CaseBalfour v. Balfour)

Lecture 3

Ch 2 Case-Carlill v. Carbolic Smok Ball Co.)

Week 2

Acceptance: Meaning, Who can ->Reference : accept, Legal rules as to 1,chapter - 2 Acceptance, Communication of ->Reference : Offer, Acceptance and Revocation, 8,Article when does an offer come to an end Consideration: Definition, Need, ->Reference : Legal rules as to Consideration, A 1,chapter - 3 Contract without consideration is Void-Exceptions Capacity to Contract: Minors, Person of Unsound Mind, Other Persons ->Reference : 1,chapter - 4

Lecture 5

Lecture 6

Week 3

Lecture 7

Free consent: Meaning of Consent ->Reference : and Free Consent, Flaw in consent: 1,chapter - 5 Coercion, Effect of Coercion, Undue Influence, Effect of undue influence, Misrepresentation and Fraud: ->Reference : Requirements of Misrepresentation, 1,Chapter 5 Fraud, Essential Elements, Mistake: of Law and of Fact, Exceptions Indemnity & Guarantee: Contract of ->Reference : Indemnity, Contract of Guarantee, 1,Part Two Extent of surety's liability, Kinds of Chapter-1 guarantee, Rights of surety Bailment: Meaning, Requisites of ->Reference : bailment, Consideration in a 1,Part II contract of bailment, Classification Chapter-2 of Bailments, duties and rights of Bailor and Bailee

Lecture 8

Lecture 9

Week 4

Lecture 10

Part 2
Week 4 Lecture 11 Contract of Agency: Definition of Agent and Principal, Creation of Agency, Classification of Agents, Relation of Principal and Agent, Termination of Agency ->Reference : 1,Part II Chapter-3

Lecture Sale of goods ->Reference :1,- Case-Niblett Ltd v 12 act >Reference 1Part Confectione -Introduction II Chapter 4-1 rs Materials -formation of -->Reference Ltd Contract of 1Part II Chapter 4sale 2 Week 5 Lecture 13 Conditions(express& implied) ->Reference :1,-2/Ch 2Case >Reference Study: 1Part II Chapter Rowland V. 4-2 Divall ->Reference :1,-Morelli v. Fitch >Reference and 1Part Two Gibbons Chapter - 4-2 Case on Caveat Emperor-Jones v. Padgelt

Lecture 14

Warranties(express & implied)

Lecture 15

Performance of contract ->Reference :1,-2/ Ch 4 Case of sale: Delivery of >Reference (Mitchell Goods, 1Part II Chapter Reid & Co. Rights and Duties of the 4-4 v Buldeo Buyer Rights of an unpaid ->Reference : 2/Ch 5 seller 1,Part II chapter Case-Bathell v. -against goods 4-5 Clark - against the buyer personally Remedies for breach of contract of sale Partnership Act, formation and dissolution ->Reference :1,-Limited Liability >Reference 1; Vs Partnership" chapter 5-1 By shanks ->Reference : sanam; 9,Article ->Reference :1,-Limited Liability >Reference 1; Vs Partnership" chapter 5-2 By shanks ->Reference :19 sanam; ->Reference :1,-

Week 6

Lecture 16

Lecture 17

Lecture 18

Limited Liability Act

Week 7

Lecture 19

Definition & Types of

Negotiable instruments >Reference Negotiation 1Part II Chapter -transfer by negotiation 6 -transfer by assignment Lecture 20 Endorsement Crossing of cheques ->Reference :1,>Reference 1Part II Chapter 6 ->Reference : 1,Part ii chapter 6

Lecture 21

Parties to negotiable Instrument Dishonour of cheques

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