Allied Courses
4 UBMSFSI. 4 Business Law
[50 lectures: 3 Credit]
The objectives of the course are:
- It will help to demonstrate an informed understanding of the law and social responsibility relevant to managing an organization domestically and internationally.
- Learners should be able to explain the corporate governance system, including the law related to agency
- Learners will be able to explain how those in control of the organization’s assets, operations and management take into consideration the company’s local and global impacts on society and the environment informed by the opinions of multiple affected stakeholders in their decision-making.
| UNIT | TITLE | NO. OF |
| LECTURES | ||
| Unit 1 | A) Contract Act,1872 | 13 |
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| Contract – Capacity to Contract, free consent, | ||
| consideration, lawful objects/ consideration, | ||
| Breach of contract. Remedies for breach of | ||
| B) Sale of Goods Act ,1930 | ||
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| of a valid Sale Contract – Conditions and | ||
| warranties – Implied Condition and warranties, | ||
| Rights of an unpaid seller. | ||
| Unit 2 | C) Negotiable Instrument Act ,1981 | 10 |
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| Characteristics of negotiable instruments, | ||
| Promissory note, Bills of exchange, Cheque, | ||
| Dishonor of Cheque. | ||
| D) Consumer Protection Act. 1986 | ||
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| consumers who is consumer? Meaning of the | ||
| words “Goods and services” – Meaning of the | ||
| words “Defects and Deficiencies of goods and | ||
| services” Consumer disputes and Complaints. | ||
| Unit 3 | E) | Company Law | 10 |
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| MOA, AOA, Prospectus, Meetings, Meaning of | |||
| transfer and transmission of shares. | |||
| Unit 4 | F) | Intellectual Property Rights (IPR) | 12 |
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| patentable? Invention And its Attributes, Inventors | |||
| and Applications | |||
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| infringement and passing off. | |||
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| right exists, Originality, Meaning and Content, | |||
| Authors and Owners, Rights and Restrictions. | |||
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