FULLY SOLVED BOOK

Legal Framework Of Business

Unit-I: Business Contract
(A) Law relating to Indian Contract Act, 1872:
Formation of Contract-Essentials of a Valid Contract- Performance of Contract-Discharge of
Contract and Remedies for Breach of Contract
(B) Law relating to Sale of Goods Act, 1930:
Essentials of contract of Sale of Goods- Conditions and Warranties-Performance of Contract of
Sale-Unpaid Seller and his rights
Unit-2: Negotiable Instruments and Consumerism
(A) Law relating to Negotiable Instruments Act, 1881:

Negotiable Instruments: Meaning and Characteristics-Kinds of Negotiable Instruments-Holder
and Holder in due course-Transferability and Assignment of Negotiable Instruments-Crossing of
cheques and Bouncing of cheques
(B) Law relating to Consumer Protection Act, 1986:
Definition of consumer-Who can file a complaint?- Grounds on which a complaint can be filed?-
Unfair Trade Practices-Consumer Disputes and Redressal Agencies
Unit-3: Corporate Business Entities and SEBI
(A) Law relating to Indian Companies Act, 1956:
Salient features of a company-Types of companies-Memorandum and Articles of AssociationCorporate Veil-Doctrine of Ultra-Virus-Doctrine of Indoor Management-Merger, Acquisition
and Winding up of companies
(B) Law relating to Securities and Exchanges Board of India (SEBI) Act, 1992:
Evolution of SEBI Act- Management, powers and functions of SEBI- Provisions relating to
registration of brokers and sub-brokers
Unit-4: Information Technology and Right to Information
(A) Law relating to Information Technology Act, 2000:
Introduction and objectives of Information Technology Act, 2000-Authentication, attribution and
legal status of electronic record- Digital Signature-Cyber crimes and penalties
(B) Law relating to Right to Information Act, 2005:
Nature and scope of Right to Information Act, 2005- Legal provisions relating to right to
information.