Business Regulatory Framework

The subject of Business Regulatory Framework assumes great importance in almost all Universities in India. The book has been prepared strictly according to the new syllabus for B.Com. Second Year, Semester Third effective from academic session 2022-23 for all State Universities and Colleges of Uttar Pradesh.

The present book has got some special features. The language used throughout this work is
simple and easily understandable. The complicated and complex provisions of Acts have been made
simple and clearly understandable. Suitable case laws and examples have been inserted in a quite
intelligible manner making the subject more clear to the students. The Questions at the end of each
chapter include Long Answer Questions and Short Answer Questions and at the end of the book
Objective Type Questions with ans have been included as per new pattern of Examination. The text
covers all the answers to such questions. The students shall not be required either to consult any
other book or even to make their personal notes, if they take help from this book for preparing themselves
for their examinations.

Business Regulatory Framework Syllabus For B.Com IIIrd Semester of Various Universities and Colleges of Uttar Pradesh

Course outcomes : The objective of this course is to provide a brief idea about the framework of Indian Contract Act, 1872 and Sale of Goods Act, 1930.

• Unit I : Indian Contract Act, 1872 : Definition and Nature of Contract, Classification; Offer
  and Acceptance; Capacity of Parties; Free Consent; Consideration; Legality of Objects.
• Unit II : Void Agreements; Performance of Contracts; Discharge of Contract; Contingent Contracts; Quasi Constracts; Remedies for Breach of Contract, Special Contracts : Indemnity and Guarantee; Bailment and Pledge; Contract of Agency.
• Unit III : Sale of Goods Act, 1930 : Contract of Sale of Goods, Conditions and Warranties; Transfer of Ownership; Performance of the Contract : Remedial Measures; Auction able Claims.
• Unit IV : Negotiable Instrument Act : Cheque, Promissory Note, Bill of Exchange, Crossing of Cheque, Dishonour of Cheque, Payment in due Course.

Business Regulatory Framework Contents

The Indian Contract Act, 1872

1. Definition And Nature Of Contract
2. Agreement : Offer And Acceptance
3. Consideration
4. Capacity Of Parties To Contract
5. Free Consent
6. Legality Of Object And Consideration
7. Expressly Declared Void Agreements
8. Contingent Contracts
9. Quasi Contracts
10. Performance Of Contracts
11. Discharge Of A Contract
12. Breach Of Contract And Its Remedies
13. Indemnity And Guarantee
14. Bailment And Pledge
15. Agency
    The Sale Of Goods Act, 1930
16. Nature Of Contract Of Sale Of Goods
17. Conditions And Warranties
18. Transfer Of Property (Ownership)
19. Performance Of Contract Of Sale : Delivery Of The Goods
20. Unpaid Seller And Auction Sale
    Negotiable Instruments Act, 1881
    As Amended By The Negotiable Instrument (Amendment) Act, 2002
21. Negotiable Instruments : Definition And Features, Etc.
22. Holder And Holder In Due Course
23. Crossing And Dishonour Of Cheques
24. Dishonour Of Negotiable Instruments
25. Discharge From Liability On Negotiable Instruments
    ● Objective Type Questions (With Answer)