VIKRAMA SIMHAPURI UNIVERSITY, NELLORE
SRI POTTI SRIRAMULU NELLORE DISTRICT, ANDHRAPRADESH
MASTER OF BUSINESS ADMINISTRATION (MBA)
105-BUSINESS LAW
This course furnishes information about the legal frame work with in which business organizations operate and how business managers have to respond.
UNIT-I
Social responsibility of business – importance of business law and regulatory practices – consumer protection act – consumer councils – redressals
UNIT-II
Law of contracts: Essential of valid contract – void and unlawful contracts – performance of contracts – special contracts: contingent contracts – indemnity, guarantee, bailment, agency contract
UNIT-III
Sale of Goods Act: sale and agreement to sell, conditions and warranties, ownership transfer
Negotiable Instrument Act – Negotiable Instrument types – important features – negotiations – dishonor
UNIT-IV
Companies Act: Classification of companies – incorporation process – Memorandum, Articles, Prospectus, Shares and debentures, Board of Directors – Role, Functions, winding up.
References:
1.Kapoor ND: Mercantile law, Sultan Chand & Co.
2.Bulchandani RR: Business Law, Himalaya Publishing house
3.SC Kuchal: Business Law, Vikas Publishers
4.Agarwal UK: Consumer Protection in India, Deep & Deep Publishers