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Syllabus

UNIT
1
Indian Contract Ac

The Indian Contract Act , 172-Law – Meaning & objects – Mercantile Law, meaning sources of contracts – classification of contracts – essentials of a valid contract- offers,acceptance,legalityofobjectandconsideration–voidagreement.

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
Contract of agency

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
Sale of Goods Act

The Sale of Goods Act, 1930: Formation of the contract of 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- Negotiable instrument Act-Partnership act

Carrier goods Act- Negotiable instrument Act-Partnership act

Reference Book:

1. Gupta O.P, Mercantile Law, Sahitya Bhavan Publishing-Agra , Edition-1 1998. 2.M.C.Kuchhal, Mercantile Law ,Vikas Publishing House Pvt Ltd 6th Edition 2008 3.M.C Shukla , Mercantile Law , Sultan Chand Publishing-New Delhi- Edtion-2 , 2000. 4.Verma M.M, Mercantile Law, King Books Publishinbg- New Delhi – Edition- 1 1999

Text Book:

1.Kapoor,N.D.;ElementsofBusinessLaw, SultanChand&Sons,

 

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