Study & Evaluation Scheme Of Bachelor of ... - IFTM University

IFTM University, Moradabad
Bachelor of Commerce (B.Com Hons.) Programme
BCOM-106: LEGAL ASPECTS OF BUSINESS Max. Hours: 40
UNIT I
Indian Contract Act: Definition, Essentials, Nature, Contracts agreements, Offer & Acceptance,
Consideration, Capacity of Parties, Free consent, Performance of Contracts, Discharge of
Contract, Remedies for Breach of contract, Contingent Contract, Special Contract: Implied and
Quasi contract, Indemnity and Guarantee, Bailment and Pledge contract, Agency contract
UNIT II
Sales of Goods Act: Sales contract- Definition, Features, Formation of contract of Sale, Contents
of Sales Contract- Goods, Price, Condition and Warranty, Ownership of Goods, Transfer of
Property, Performance of Sales contract, Delivery, Rights of an unpaid seller, Auction sale.
UNIT III
Indian Partnership Act: Definition and Nature of Partnership, Partnership Deed, Registration of
Firms and Consequences of non-Registration of Firm. Relations of Partners, Dissolution of Firm.
UNIT IV
Negotiable Instruments: Definition and Features, Types, Recognition and Endorsement, Parties
of Negotiable Instruments, Dishonour and Discharge of Negotiable Instruments
Suggested Readings:
1. Gulshan J.J., Business Law,
2. Kuchhal M.C., Business Law
3. Kapoor N.D., Mercantile Law