DDEDU - B.COM SYLLABUS: BUSINESS REGULATORY FRAMEWORK

Dibrugarh University

Syllabus for B.COM Programme

Under Directorate of Distance Education

2^nd Year

Course No: B. Com. 203: BUSINESS REGULATORY FRAMEWORK

Total Marks: 90

Objectives: The objective of this course is to provide a brief idea about the framework of Indian business laws.

Block I: The Law of Contact (1872):                                          18

Nature of Contract, Classification, offer and acceptance; Capacity of parties to contract; free consent; Consideration; Legality of object; Agreement declared void; performance of contract; Discharge of Contracts; Remedies for Breach of Contract; Special contracts; Indemnity, Guarantee; Bailment and Pledge; Agency.

Block II: Sale of Goods Act 1930:                                               18

Formation of Contracts of Sale; Goods and their Classification, price, conditions and warranties; Transfer of Property in goods; Performance of the Contract Sales, Unpaid seller and his rights; sale of auction; Hire purchase agreement.

Block III: Negotiable Instrument Act 1881:                           18

Definition of negotiable instruments; features; Promissory Notes; bills of exchange & cheque; Holder and Holder in due course; Crossing of a cheque; type of crossing; Negotiation; Dishonor and discharge of negotiable instruments.

Block IV: The Consumer Protection Act 1986:                     18

Salient’s features; Definition of consumer; Grievance Redressal machinery; Partnership Act 1932; Salient features, definitions and main provisions.

Block V: Foreign Exchange Management Act 2000:           18

Definition and main provisions

Suggested Readings: