Rani Durgavati Vishwavidyalaya, MP, General Semester 1, Business Law Syllabus

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Unit - 1 The Indian Contract Act, 1872: General Principle of Law of Contract

1.1 Contract – Meaning characteristics and kinds

1.2 Essentials of valid contract – Offer and acceptance consideration contractual capacity free consent legality of objects.

1.3 Void agreements

1.4 Discharge of contract mode of discharge including breach and its remedies.

1.5 Contingent contracts

1.6 Quasi –contracts

Unit - 2 The Indian Contract Act, 1872: Specific Contract

2.1 Indemnity and Guarantee

2.2 Contract of Bailment and Pledge

2.3 Contract of Agency

Unit - 3 The Sale of Goods Act, 1930

3.1 Contract of Sale

3.2Conditions and Warranties

3.3 Transfer of Ownership in Goods including Sale by NonOwners

3.4 Performance of Contract of Sale

3.5 Unpaid Seller

Unit - 4 Partnership Laws

4.1 The Partnership Act 1932Nature and Characteristics of Partnership

4.2 Registration of a Partnership Firms

4.3 Types of Partners

4.4 Rights and Duties of Partners

4.5 Implied Authority of a Partner

4.6 Mode of Dissolution of Partnership

4.7 The Limited Liability Partnership Act 2008Salient Features of LLP

Unit - 5 The Negotiable Instruments Act 1881

5.1 Meaning and Characteristics of Negotiable Instruments Promissory Note Bill of Exchange Cheque

5.2 Holder and Holder in due Course Privileges of Holder in Due Course.

5.3 Negotiation Types and Endorsements

5.4 Crossing of Cheque

5.5 Bouncing of Cheques

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Other Subjects of Semester-1-
Micro economics
Financial accounting
Environmental studies
Business organisations
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