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Syllabus

UNIT
1
PRINCIPLES OF LAW OF CONTRACT

Nature of Contract – Offer and Acceptance – Consideration – Capacity to Contract – Free Consent - Legality of Object.

UNIT
2
PERFORMANCE AND DISCHARGE OF CONTRACT

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

UNIT
3
SPECIAL CONTRACT

Indemnity and Guarantee : 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 – Duties and Rights of Bailor and Bailee – Termination of Bailment – Pledge – 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.

UNIT
4
SALE OF GOODS AND NEGOTIABLE INSTRUMENT

Formation of Contract of Sale – Negotiable Instrument – Definition – Types –Negotiable by Statute – Negotiable by Custom or Usage

UNIT
5
LAW OF INSURANCE AND CARRIAGE OF GOODS

Law of Insurance: Contract of Insurance – Elements of Insurance – Premium – Reinsurance and double Insurance – Life Insurance –Fire Insurance – Marine Insurance. Carriage of Goods: Carriage by Land – Carriage by Rail – Carriage by Sea – Carriage by Air

Reference Book:

1) Business Law – RSN Pillai and Bhagavathi – S Chand Reprint 2014 2) Business Law – P.Saravanavel and Syed BandreAlam – Himalaya Publishing House 2014

Text Book:

1) Elements of Mercantile Law – N.D. Kapoor – Sultan chand& Sons 2014

 

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