Business Laws Kurukshetra University BCOM 1st Sem Notes

Unit 1 [Book]
The Indian Contract Act, 1872 VIEW
Nature and Classification of Contracts VIEW
Essentials of a Valid Contract VIEW
Offer and Acceptance VIEW
Consideration VIEW
Capacity of Parties, Free Consent VIEW
Legality of Object and Consideration VIEW
Discharge of Contracts VIEW
Remedies for Breach of Contract VIEW
Unit 2 [Book]
Sale of Goods Act, 1930, Definition and Essentials of a Contract of Sale VIEW
Conditions and Warranties VIEW
Transfer of Ownership VIEW
Delivery of Goods in Sale of Goods Act, 1930 VIEW
Rights of Unpaid Seller VIEW
Remedies for Breach of Contract in Sale of Goods Act, 1930 VIEW
Unit 3 [Book]
The Partnership Act, 1932 VIEW
Limited Liability Partnership Act, 2008 VIEW
Nature of Partnership, Rights and Duties of Partners, Types of Partners VIEW
Registration of a Partnership Firm VIEW
Dissolution of a Partnership Firm VIEW
Differences between Partnership and LLP VIEW
Features and Incorporation of Limited Liability Partnership VIEW
Unit 4 [Book]  
Negotiable Instruments Act, 1881 VIEW
Meaning, Scope and Essential Features of Negotiable Instruments VIEW
Types of Negotiable Instruments:  
Promissory Notes VIEW
Bills of exchange VIEW
Cheques VIEW
Negotiation and endorsement VIEW
Crossing of Cheques: Meaning and Types VIEW
Dishonour and Discharge of Negotiable instruments VIEW
Unit 5 [Book]  
Drafting a Simple Contract based on given facts, Incorporating all essential elements VIEW
Case Study Analysis: Interpret a Real or Hypothetical case on Breach of Contract or Sale of goods VIEW
Role Play: Simulate a Negotiation between Buyer and Seller including Breach Consequences VIEW
Comparative Chart: Partnership vs LLP – Key differences in terms of liability, formation, and compliance. VIEW
Cheque Drafting and Dishonour Case: Draft a Cheque and write a Legal Notice for Dishonour under Section 138 of the Negotiable Instruments Act. VIEW

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