Business Law_AMU

via Swayam

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Details

Go to class

Provider

Swayam
Pricing

Free Online Course
Languages

English
Certificate

Paid Certificate Available
Duration & workload

12 weeks
Sessions

On-Demand
Level

Intermediate

Found in

ABOUT THE COURSE:Understanding how the law shapes business is essential for anyone starting, managing, or advising a business today. This course navigates the points of intersections between law and a wide variety of business contexts. It examines common legal issues that affect business transactions in the marketplace – contract of sale, choice of entities, legal framework, dispute resolution and other legal issues. The course also engages with contemporary developments such as the legal nuances of e-commerce and emerging issues around artificial intelligence and smart contracts in business dealings. By bridging legal doctrine with real-world application, the course equips learners to understand how business agreements are regulated in practice and how legal frameworks continue to evolve in response to changing economic and technological contexts.INTENDED AUDIENCE:Students of UG and PG courses such as BALLB, LLB, BBA, BCom., etc.Students of PG courses such as LLM, MBA, MCom., Masters in Insurance & Risk Management (MIRM), Masters in Human Resource Management (MHRM), Diplomas in Corporate Law/Finance/Business/Management, etc.Others such as Entrepreneurs, Partners in firms, sole proprietors, Lawyers, Competitive Exam Aspirants for CA/CS/Judiciary etc.PREREQUISITES: Class XII Enrolled in any UG courseINDUSTRY SUPPORT:1. Businesses2. Companies3. Partners in firms4. Business managers5. Autonomous Public and Financial Institutions6. Entrepreneurs7. Startups8. Businesses9. Lawyers10. Dispute Resolution Forums (NCLT/NCLAT)11. Company Professionals12. Competitive Exam Aspirants13. Higher Education Professionals and Academicians

Syllabus

Week 1:Introduction to Business Law

A. Rationale of Business Law
B. Sources of Business Law
C. Role of Contract in Business Law
D. Overview of Key Statutes of Business Law
E. History of Codification
Week 2:Sale of Goods: Essentials and Concepts

A. Definition and concept of sale
B. Sale under statutory contracts
C. Key terms and expressions of Sale of Goods Act, 1930
D. Formalities and subject matter of contract of sale
E. Distinction between Sale and
a. Agreement to sell
b. Hire-purchase
c. Contract for work and labour
d. Gift
e. Exchange

Week 3:Conditions and Warranties in Sale of Goods

A. Condition v/s Warranty
B. Implied Conditions: Title, Description, Quality and Sample
C. Rules of Caveat Emptor and Caveat Venditor
D. Implied Warranties: Possession of Goods and Absence of Encumbrance
Week 4:Transfer of Property and Risk in Sale of Goods

A. Passing of Property
B. Transfer of risk and delivery of goods
C. Transfer of title
D. Rule of Nemo dat quod non habet and its exceptions

Week 5:Performance and Remedies in Sale of Goods

A. Performance of contract
B. Rights of unpaid seller
C. Seller’s lien and goods in transit
D. Breach of contract and its remedies
Week 6:Law of Partnership
A. Definition, nature, and kinds of partnership
B. Distinction between Partnership and other forms of business organisations
C. Relations of partners, their rights and duties inter se
D. Registration of firms
Week 7:Third Party Relations and Dissolution of Partnership
A. Relations of partners to third parties

Doctrine of Holding Out
Minor admitted to the benefits of partnership

B. Incoming and outgoing partners
C. Dissolution of firm and its consequences
D. Effects of non-registration of firm

Week 8:Limited Liability Partnership
A. Limited Liability Partnership – Definition, Nature and Distinction from Partnership

LLP as a body corporate

B. LLP Agreement and Registration of LLP
C. Partners in an LLP

Number of Partners
Designated Partners
Partners as agents
Liability of Partners and Holding Out

D. Transfer of Interest and Winding-up
E. Conversion of corporate entities to an LLP
Week 9:Law of Enterprises: Micro, Small and Medium Enterprises Development Act, 2006
A. Classification of Enterprises
B. Key terms and expressions of MSMED Act, 2006
C. Governance Framework: Structure and Responsibilities of The National Board for Micro, Small and Medium Enterprises
D. Measures for Promotion, Development and Enhancement of Competitiveness of Micro, Small and Medium Enterprises
E. Delayed Payment Provisions and Legal Remedies
F. Schemes, Incentives, and Government Support for MSMEs
Week 10:Consumer Protection Law
A. Rationale of Consumer Protection Law
B. Evolution of Consumer Protection Law in India
C. Key Terms and Expressions in Consumer Protection Act, 2019
D. Who is a Consumer?
E. Product Liability F. Filing of Complaints by Consumers
a) Procedure for filing complaints
b) E-Daakhil portal
c) National Consumer Helpline
Week 11:Institutional Framework and Dispute Redressal under Consumer Protection Law
A. Consumer Disputes Redressal Commission a. National Consumer Disputes Redressal Commission b. State Consumer Disputes Redressal Commission c. District Consumer Disputes Redressal Commission
B. Settlement of Disputes through Mediation
C. Consumer Protection Councils a. Central Consumer Protection Council b. State Consumer Protection Councils c. District Consumer Protection Council
D. Central Consumer Protection Authority
Week 12:Artificial Intelligence and Business Law: Emerging Legal Dimensions
A. Smart contracts
B. Legal implications of Artificial Intelligence (AI) in contract formation and performance
C. Internet Sale and e-commerce
D. Technology driven dispute resolution