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

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

Contract of Indemnity – Contract of Guarantee – Extent of Surety Liability – Kinds of Guarantee – Rights of Surety – Discharge of Surety. 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.

Contract of Agencies: Definition – Creation of Agency –Classification of Agent – Relation of Principle and Agent - Delegation of Authority- Personal Liability of Agent – Termination of Agency.Sale of Goods Act 1930: Formation of the Contract of Sale – Conditions and Warranties– Transfer of Ownership and Delivery of Goods- Unpaid seller and his Rights - Class activity: students are told to act as seller and told to make contract.

Indian Partnership Act 1932: General nature of Partnership – Rights and Duties of Partners- Reconstitution of Firms – Registration and Dissolution of firm. Negotiable Instrument Act 1881: Meaning – Characteristics –Classification of Instruments – Provisions relating to Negotiation, Negotiability, Assignability – Rights and Obligation of Parties – Rules of Compensation.