About the notes
Business Regulatory Framework notes have been carefully prepared to help
students excel in their studies and gain a deep understanding of the regulatory
framework in the business world.
Our notes cover a wide range of topics, including Introduction to Business Law,
Indian Contract Act, 1872, Negotiable Instruments Act, 1881, Sale of Goods Act,
1930, Indian Partnership Act, 1932, Consumer Protection Act, 1986, Companies
Act, 2013, Foreign Exchange Management Act, 2000, Monopolies and
Restrictive Trade Practices Act, 1969
We've designed the notes to be easy to follow, making complex legal concepts
easier to understand. You'll find clear explanations and examples to aid your
understanding.
Whether you're preparing for an exam or looking to deepen your knowledge,
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, Syllabus
Unit I: Introduction to Business Law
What is business law?
Sources of business law in India
Types of business law
Importance of business law
Unit II: Indian Contract Act, 1872
Definition of contract
Essential elements of a valid contract
Offer and acceptance
Consideration
Capacity to contract
Free consent
Void and unenforceable contracts
Unit III: Negotiable Instruments Act, 1881
Definition of negotiable instruments
Types of negotiable instruments
Rights and duties of holders of negotiable instruments
Negotiation and endorsement of negotiable instruments
Discharge of negotiable instruments
Unit IV: Sale of Goods Act, 1930
Definition of sale of goods
Formation of a contract of sale
Rights and duties of buyer and seller
Performance of the contract of sale
Breach of the contract of sale and remedies
Unit V: Other Important Business Laws
Indian Partnership Act, 1932
Consumer Protection Act, 1986
Companies Act, 2013
Foreign Exchange Management Act, 2000
Monopolies and Restrictive Trade Practices Act, 1969