Commercial Law

Unit – I Law of Contract-I 1.1 Meaning and Nature of Contract 1.1.2 Offer (Definition, Communication of Offer, General/Specific Offers, Invitation to Treat) 1.1.3 Revocation of Offer 1.1.4 Acceptance (Definition, Communication of Acceptance,Revocation of Acceptance) 1.2 Law Relating to Tenders. 1.3 Law Relating to Auctions 1.4 Consideration 1.5 Privity of Contract and Privity of Consideration 1.6 Capacity to Contract 1.6 Free Consent (Coercion, Undue Influence, Misrepresentation,Fraud Mistake) 1.7 Void, Voidable and Unlawful Agreements Unit – II Law of Contract – II 2.1 Discharge of a Contact - by Performance 2.2 Discharge of a Contract - by Impossibility of Performance 2.3 Breach of a Contract (Remedies, Damages Remoteness of Damages) 2.4 Quasi Contract 2.5 Contract of Indemnity 2.6 Guarantee 2.7 Bailment and Pledge 2.8 Agency (Creation and Termination of Agency) 2.8.1 Relation of Principal and Agent
Unit – III Specific Relief Act, 1963 I Law Relating to Partnerships & Sale of Goods Act3.1 Specific Relief Act, 1963 3.1.2 Recovery of Property, Specific Performance of a Contract, Injunctions 3.2 Nature of Partnership Firm 3.2.1Rights and Duties of Partners 3.2.2Relation of Partners to Third Parties 3.2.3Rights of Incoming and Outgoing Partners 3.2.4 Dissolution of Partnership Firm (Modes of Dissolution, Registration of Firms, Effects of Non Registration of Firms) 3.3 Introduction to the Sale of Goods Act 3.3.1 Essentials of a Contract of Sale. 3.3.2 Conditions & Warranties 3.3.3 Passing of Property 3.3.4 Nemo Dat Quod Non Habet 3.3.5 Rights of Unpaid Seller. Unit – IV Negotiable Instruments & Company Law 4.1.1 Negotiable Instruments (Definitions, Kinds & Essentials)4.1.2 Holder and Holder in Due Course, Negotiation & Assignment4.1.3 Presentment of Negotiable Instruments. 4.1.4 Crossing of Cheques and Discharge from Liability.4.1.5 Noting and Protest 4.1.6 Dishonor of Negotiable Instruments. 4.2 Introduction to Company Law - Nature of a Company, Advantages & Disadvantages of Incorporation.4.2.1 Memorandum of Association. 4.2.2 Shares, Share Capital 4.2.3 Winding up of a Company