Business Regulatory Framework

The present Business Regulatory Framework book has been written particularly for the students pursuing a B.B.A. Semester II course of Dr. B.R. Ambedkar University, Agra. It is strictly based on the new syllabus.

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 and every chapter include Long Answer Questions and Short Answer Questions as per the 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.B.A. Semester II of Dr. Bhim Rao Ambedkar University, Agra

Unit I: Indian Contract Act, 1872: Introduction, Nature and Classification of contracts, offer and acceptance, Considerations, Capacity of Contract, Free Consent, Agreements Declared Void, Contingent Contract, Quasi Contracts, Discharge of Contracts, Breach of Contract, Remedies for Breach of Contract. Special Contracts – Indemnity, Bailment, and Pledge.

Unit II: The Sale Goods Act, 1930: Introduction, Formation of the Contract of Sale, Goods and their Classification, Condition and Warranties, Passing (Transfer) of Property (Ownership) in goods, Transfer of Title by Non-Owners, Performance of Contract of Sale, Unpaid Seller and His Rights, Sale by Auction.

Unit III: Indian Partnership Act, 1932: Definition, Formation of Partnership, Partnership Firm, Firm’s Name, Registration of Firms, Effect of Non-Registration, Types of Partners, Relation of Partner to one another and with third parties, Reconstitution of Firm.

Unit IV: Negotiable Instrument Act, 1881: Nature and Characteristics of Negotiable instruments, Kinds of Negotiable Instruments—Promissory Notes, Bills of Exchange and Cheques, Crossing of Cheques, Payment and Collection of Cheques and Demand Drafts, Discharge and Dishonor of Negotiable Instruments. Holder and Holder in due course, Payment in due course. Penalties in case of Dishonor of certain cheques for insufficiency of Funds.

Business Regulatory Framework Book Contents

The Indian Contract Act, 1872

1. Definition and Nature of Contract
2. Agreement: offer and Acceptance
3. Consideration
4. The capacity of Parties to Contract
5. Free Consent
6. The 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. Dishonor of Negotiable Instruments
25. Discharge From Liability on Negotiable Instruments
    The Indian Partnership Act, 1932
26. Indian Partnership Act, 1932
27. Formation of Partnership
28. Relations of Partners
29. Dissolution of Partnership and Firms
    ● Appendix
    Limited Liability Partnership Act, 2008