Foundations of business law: Indian legal system I)Definition II)scope & sources of business law

->Reference : examples 1,Chapter 1

Lecture 2

Nature of contract: Object of Law of ->Reference :1,Chapter 1 contract,Definition of Contract, Essential elements of a valid contract, Classification of Contracts: according to their Validity, Formation or performance Offer: Meaning, How an offer is ->Reference :1,chapter - 2 made,what constitutes an offer, Legal rules as to offer, Cross Offers, Lecture 4

Ch 1(CaseBalfour v. Balfour)

Lecture 3

Ch 2 Case-Carlill v. Carbolic Smok Ball Co.)

Week 2

Acceptance: Meaning, Who can ->Reference : accept, Legal rules as to 1,chapter - 2 Acceptance, Communication of ->Reference : Offer, Acceptance and Revocation, 8,Article when does an offer come to an end Consideration: Definition, Need, ->Reference : Legal rules as to Consideration, A 1,chapter - 3 Contract without consideration is Void-Exceptions Capacity to Contract: Minors, Person of Unsound Mind, Other Persons ->Reference : 1,chapter - 4

Lecture 5

Lecture 6

Week 3

Lecture 7

Free consent: Meaning of Consent ->Reference : and Free Consent, Flaw in consent: 1,chapter - 5 Coercion, Effect of Coercion, Undue Influence, Effect of undue influence, Misrepresentation and Fraud: ->Reference : Requirements of Misrepresentation, 1,Chapter 5 Fraud, Essential Elements, Mistake: of Law and of Fact, Exceptions Indemnity & Guarantee: Contract of ->Reference : Indemnity, Contract of Guarantee, 1,Part Two Extent of surety's liability, Kinds of Chapter-1 guarantee, Rights of surety Bailment: Meaning, Requisites of ->Reference : bailment, Consideration in a 1,Part II contract of bailment, Classification Chapter-2 of Bailments, duties and rights of Bailor and Bailee

Lecture 8

Lecture 9

Week 4

Lecture 10

Part 2
Week 4 Lecture 11 Contract of Agency: Definition of Agent and Principal, Creation of Agency, Classification of Agents, Relation of Principal and Agent, Termination of Agency ->Reference : 1,Part II Chapter-3

Lecture Sale of goods ->Reference :1,- Case-Niblett Ltd v 12 act >Reference 1Part Confectione -Introduction II Chapter 4-1 rs Materials -formation of -->Reference Ltd Contract of 1Part II Chapter 4sale 2 Week 5 Lecture 13 Conditions(express& implied) ->Reference :1,-2/Ch 2Case >Reference Study: 1Part II Chapter Rowland V. 4-2 Divall ->Reference :1,-Morelli v. Fitch >Reference and 1Part Two Gibbons Chapter - 4-2 Case on Caveat Emperor-Jones v. Padgelt

Lecture 14

Warranties(express & implied)

Lecture 15

Performance of contract ->Reference :1,-2/ Ch 4 Case of sale: Delivery of >Reference (Mitchell Goods, 1Part II Chapter Reid & Co. Rights and Duties of the 4-4 v Buldeo Buyer Rights of an unpaid ->Reference : 2/Ch 5 seller 1,Part II chapter Case-Bathell v. -against goods 4-5 Clark - against the buyer personally Remedies for breach of contract of sale Partnership Act, formation and dissolution ->Reference :1,-Limited Liability >Reference 1; Vs Partnership" chapter 5-1 By shanks ->Reference : sanam; 9,Article ->Reference :1,-Limited Liability >Reference 1; Vs Partnership" chapter 5-2 By shanks ->Reference :19 sanam; ->Reference :1,-

Week 6

Lecture 16

Lecture 17

Lecture 18

Limited Liability Act

Week 7

Lecture 19

Definition & Types of

Negotiable instruments >Reference Negotiation 1Part II Chapter -transfer by negotiation 6 -transfer by assignment Lecture 20 Endorsement Crossing of cheques ->Reference :1,>Reference 1Part II Chapter 6 ->Reference : 1,Part ii chapter 6

Lecture 21

Parties to negotiable Instrument Dishonour of cheques