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MBA _compulsory III &IV_ - 40 -

Dr. Babasaheb Ambedkar Marathwada University Aurangabad

   Revised Course Structure for Master in Business Administration

June 2009

Course Code CP – 403: Business Legislation

Course Contents

The Contract Act, 1872, Nature and classification of contracts - Essential elements of a valid contract, Offer and Acceptance - Consideration - Capacities of Parties, Provisions relating to free consent, void agreements, Provisions relating to performance and discharge of contract, Breach of contract - Meaning and remedies, Contracts of Indemnity - Meaning, Contracts of Guarantee - Meaning, Nature and Features - Types of Guarantee

Sales of Goods Act, 1930, Contract for Sale of Goods - Meaning - Essentials of a Contract of Sale - Formalities of a Contract of sale, Provisions relating to conditions and Warranties, Provisions relating to transfer of property or ownership, Provisions relating to performance of Contract of Sale - Rights of Unpaid Seller – Rules as to delivery of goods

The Negotiable Instruments Act, 1881, Negotiable Instruments - Meaning, Characteristics, Types, Parties – Holder and holder in Due Course, Negotiation and Types of Endorsements, Dishonour of Negotiable Instrument, Liability of parties on Negotiable Instrument

The Companies Act, 1956, Company - Definition, Meaning, Features and Types of companies, Incorporation of a company - Memorandum of Association, Articles of Association and Prospectus  Share Capital

The Consumer Protection Act, 1986, Definitions of Consumer, Complainant, Goods, Service - Meaning of Consumer Dispute, Complaint - Unfair Trade Practices - Restrictive Trade Practices, Rights of Consumers, Consumer Disputes Redressal Agencies

Books Recommended:-

1.

Maheshwari & Maheshwari, A Manual of Business Laws, Himalaya Publication House2008

2.

Bulchandani, K.R., Business Law for Management Himalaya Publication House2008

4.

S.S. Gulshan,  Company Law,  Excel Books,  2007

5.

C.L. Bansal,  Business & Corporate Laws,  Excel Books, 2007

6.

N.D. Kapoor, Legal and Regulatory Frame Work, Sultan Chand & Sons, 2008

MBA IV Semester

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