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Swayam

Business Law_BHU

via Swayam

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Overview

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ABOUT THE COURSE:Business Law is the study of legal rules and principles that govern commercial activities. This course provides an overview of key laws related to contracts, companies, partnerships, sales, and consumer protection.It equips students with the legal knowledge needed to understand rights, obligations, and legal procedures in business. By the end of the course, learners will be able to apply legal concepts in real-world business situations and ensurelegal compliance in professional practice.INTENDED AUDIENCE:12th pass, Graduation and Diploma Holders, ProfessionalsPREREQUISITES:12th PassINDUSTRY SUPPORT:NA

Syllabus

Week 1:Introduction to Business Law (Lectures 1-5)
  • Overview of business law
  • Sources of business law
  • Types of business organizations (sole proprietorship, partnership, company)
  • Indian Contract Act, 1872 (introduction)
  • Essentials of a valid contract

Week 2:Contract Law (Lectures 6-10)
  • Types of contracts (valid, void, voidable, unenforceable)
  • Offer and acceptance
  • Capacity to contract
  • Free consent and Legality of object
  • Performance and discharge of contracts
Week 3:Contract of Indemnity and Agency (Lecture 11-15)
  • Contract of Indemnit
  • Bailment & Pledge
  • Contract of Guarantee
  • Quasi Contract
  • Contract of Agency
Week 4:Partnership Act (Lectures 16-20)
  • Definition and nature of partnership
  • Types of partnerships
  • Rights and duties of partners
  • Authority of partners
  • Registration of firms

Week 5:Partnership Act (Lectures 21-25)
  • Dissolution of partnership firms
  • Consequences of dissolution
  • Rights and liabilities of partners after dissolution
  • Settlement of accounts
  • Partnership deed
Week 6:Negotiable Instruments Act (Lectures 26-30)
  • Overview of Negotiable Instruments Act, 1881
  • Types of negotiable instruments (promissory notes, bills of exchange, cheques)
  • Characteristics of negotiable instruments
  • Holder and holder in due course
  • Endorsement and delivery
Week 7:Negotiable Instruments Act (Lectures 31-35)
  • Types of endorsements
  • Dishonour of negotiable instruments
  • Notice of dishonour
  • Liability of parties
  • Crossing of cheques

Week 8:Sale of Goods Act, 1930 (Lectures 36-40)
  • Overview of Sale of Goods Act, 1930
  • Conditions and warranties
  • Transfer of ownership and delivery
  • Rights and duties of buyer and seller
  • Doctrine of caveat emptor

Week 9:Company Law (Lectures 41-45)
  • Overview of Companies Act, 2013
  • Types of companies (private, public, OPC, etc.)
  • Incorporation and commencement of business
  • Memorandum and articles of association
  • Prospectus

Week 10:Company Law (Lectures 46-50)
  • Directors and their roles
  • Meetings and resolutions
  • Dividends and accounts
  • Audit and auditors
  • Winding up of companies

Week 11:Intellectual Property Rights (Lectures 51-55)
  • Overview of intellectual property rights (patents, trademarks, copyrights)
  • Types of intellectual property rights
  • Protection and infringement of intellectual property rights
  • Importance of intellectual property rights in business
  • International treaties and conventions

Week 12:Consumer Protection Act (Lectures 56-60)
  • Overview of Consumer Protection Act, 2019
  • Rights and responsibilities of consumers and businesses
  • Consumer dispute redressal mechanisms
  • Unfair trade practices
  • Consumer protection councils

Taught by

Dr. Vandana Srivastava

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