MBA 2001 Business Law BOOK (Code: MBA 2001 BOOK)

Introduction:-Meaning of Law.
Contract Act, 1872
Definition of a Contract and its essentials, Formation of a valid
Contract - Offer and Acceptance, Consideration, Capacity to
Contract, Free consent, Legality of object, Breach of a Contract,
Damages for breach of a contract.

(8 Sessions)

UNIT –II

Quasi contracts, Contract of Indemnity and Guarantee, Bailment
and Pledge.
Consumer Protection Act 1986.

(3 Sessions)

UNIT –III

Sale of Good Act, 1930
Definition of a Contract of Sale, Conditions and Warranties,
Passing of Property, Right of Unpaid Seller against the Goods,
Remedies for Breach.

(4 Sessions)

MID-TERM EXAMINATION

UNIT – IV

Partnership Act, 1932
Definition of Partnership and its essentials, Rights and Duties of

(4 Sessions)

Partners Types of Partners, Minor as a partner, Doctrine of
Implied Authority, Registration of Firms, Dissolution of firms.
Limited Liability Partnership: Meaning, Salient features and
Advantage.

UNIT – V

Companies Act, 2013
Nature and Definition of a Company, Registration and
Incorporation, Memorandum of Association, Articles of
Association, Prospectus, Kinds of Companies, Directors:
Powers and duties, Meetings, Winding up.

(8 Sessions)

UNIT – VI

The Information Technology Act, 2000
Definition, Digital Signature, Electronic Governance,
Attribution, Acknowledgment and Dispatch of Electronic
Records, Secure Electronic Records and Secure Digital
Signatures, Regulation of Certifying Authorities, Digital
Signature Certificates, Duties of Subscribers, Penalties and
Offences.