The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of contract – consideration - Classification of contracts - Essentials of a valid contract - Offer and Acceptance Performance of contract - Breach of contract - Contingent and Quasi Contract.

Void Agreements – Contingent Agreements – Performance of Contract – Discharge of contract – Mode of Discharge – Remedies for Breach of Contract.

General nature of Partnership – Rights and Duties of Partners- Reconstitution of Firms – Registration and Dissolution of firm - Bailment and Pledge: Meaning – Classification of Bailment – Rights and Duties of Bailor and Bailee – Termination of Bailment – Pledge by non-owners – Rights and duties of Pawnee and Pawnor – Pledge by non – owners

Formation of the Contract of Sale – Conditions and Warranties– Transfer of Ownership and Delivery of Goods- Unpaid seller and his Rights - Negotiable Instrument – Definition – Features - Kinds – Payment of cheques : Circumstances for dishonour - -Precautions and Statutory Protection of Paying and Collecting Banker- Negotiable by Statute – Negotiable by Custom or Usage.

The Limited Liability Partnership Act, 2008: Introduction- nature – scope - Essential features- characteristics of LLP- Incorporation and differences with other forms of organizations.