B.Com. Accounting & Finance
3rd Semester Syllabus
Select Paper in this Semester
MJC-3 : Business Law
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Unit 1: Contract Act, 1872
◦Concept and Essentials of Contract
◦Classification of Contract
◦Offer and Acceptance
◦Capacity of Parties
◦Consideration
◦Free Consent
◦Legality of Objects
◦Void Agreements
◦Discharge of Contracts
◦Indemnity and Guarantee
◦Contract of Bailment
◦Pledge
◦Agency
Unit 2: Sale of Goods Act, 1930
◦Contract of Sale
◦Meaning and Difference Between Sale and Agreement to Sell
◦Conditions and Warranties
◦Transfer of Property and Goods
◦Unpaid Seller and His Rights
Unit 3: Negotiable Instrument Act, 1881
◦Concept and Features of Negotiable Instrument
◦Promissory Note
◦Bills of Exchange and Cheque
◦Holder and Holder in Due Course
◦Dishonour and Discharge of Negotiable instrument
◦Consumer Protection Act
◦1986: Salient Features
◦Definition of consumer
◦Grievance Redressal Machinery
Unit 4: Limited Liability Partnership (LLP) Act, 2008
◦Salient Features of LLP
◦Difference between LLP and Partnership
◦LLP and
Reference Books:
- Sinha and Tiwari Legal Aspect of Business SBPD Publications, Agra
- Dagar and Agnihotri Business Law, Galgotia Publishing House, New Delhi
- Gulashan, S.S. Business Law, Excel Books, New Delhi
- Agrawal, S.K. Business Law, Galgotia Publishing House, New Delhi
- Kuchhal, M.C. Business and Industrial laws, Vikas Publishing House, New Delhi
- Kapoor, N.D. Elements of Mercantile Law, Sultan Chand and Sons, New Delhi