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Syllabus

UNIT
1
The Indian Contract Act , 1872

The Indian Contract Act , 1872 – Law – Meaning & Objects – Mercantile Law, Meaning – Sources of Contracts – Classification of Contracts – Essentials of a Valid Contract - Offers, Acceptance, Legality of Object and Consideration – Void Agreement.

UNIT
2
Capacity of Contracts

Capacity of Contracts - Free Consent - Quasi Contracts – Contingent Contracts – Performance of Contract – Discharge of Contract – Breach of Contract – Remedies for Breach of Contract.

UNIT
3
Special Contract

Special Contract : Contract of Agency – Kinds of Agency – Rights & Liabilities of Principal & Agent – Termination of Agency - Contract of Indemnity & Guarantee – Rights & Liabilities of Surety – Discharge of Surety – Bailment – Rights & Duties of Bailer &Bailee – Pledge by Non – Owner’s Pawn (or) Pledge – Rights of Pawnee – Rights & Liabilities of finder of lost goods.

UNIT
4
The Sale of Goods Act, 1930

The Sale of Goods Act, 1930: Formation of The Contractof Sale – Law of sale of goods – Distinction between Sale and Agreement to sell – Conditions & Warranties to sell – Conditions & Warranties – Transfer of Ownership – Transfer of title by non- owners – Performance of contract of sale – Rights & Duties of Buyer – Rights of Unpaid Seller.

UNIT
5
Carrier Goods Act

Carrier Goods Act – Negotiable Instrument Act – Partnership Act

Reference Book:

COMMERCIAL LAW – kathiresan&Radhasamy

Text Book:

MERCANTILE LAW – N.D Kapoor

 

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