Unit -1 What is law? Institutions that enforces law. The Role of Government - legislature, executive, judiciary.

Need for laws. Different types of laws that business managers need to know about. Unit 2 Indian Contract Act 1872 What is a contract? Essentials of a valid contract: offer, acceptance, consideration, competence to contract, free consent, lawful object. Types of contracts. Discharge of contract. Remedies for breach of contract. Unit 3 Sales of Goods Act 1930 What is a contract for sale of goods? Transfer of property. Conditions and warranties. Performance of contract of sale. Rights of unpaid seller. Remedies for breach of contract for sale. Unit 4 Partnership Act 1932 What is a partnership? Types of partners. Partnership deed. Registration of a partnership firm. Effects of non-registration. Rights, duties and liabilities of partners. Dissolution of a partnership firm. Unit 5 Consumer Protection Act 1986

Purpose of the Consumer Protection Act. Rights of consumers. Filing of complaints. Consumer courts: District Forum, State Commission, National Commission. Remedial action Ref:Kuchhal, M.C. and Prakash, D., Business Legislation for Management, 1st ed., 2007, Reprinted 2008, Vikas Publishing House

Gulshan, S.S., Business Law, 3rd ed., 2006, Excel Books