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Business Laws

Business Laws
Text and Problems

Additional resources:

Law & Society

February 2020 | 404 pages | SAGE Texts

Business Laws: Text and Problems offers a comprehensive coverage of the fundamentals of legal aspects of business.

Written exclusively to serve as a companion for courses on business law, the book spans 27 chapters, providing concise and lucid explanation of the Indian Contract Act, 1872; Negotiable Instruments Act, 1881; Sale of Goods Act, 1930; Limited Liability Partnership Act, 2008 and Information Technology Act, 2000. To make the topics relatable and showcase the practical applications of these acts, each chapter is laced with examples from different sectors.

Key Features:

• Relates  legal acts and provisions of business to leading examples for practical explanation and easier understanding

• Appendix comprising consolidated explanation of important keywords and concepts for easy access and quick recollection

• Objective-type questions, test questions and practical problems with hints for practice and self-evaluation

• Previous years’ examination question papers of business laws  for students to have a clear idea of the question pattern in examinations

• Rich companion website including PPTs for classroom use, case studies, practice questions and teaching notes


About the Book
Unit I: The Indian Contract Act, 1872
Introduction of Contract and Kinds of Contract
Offer and Acceptance
Capacity of Parties to Contract
Free Consent
Legality of Objects
Performance of Contracts
Discharge of Contract
Breach of Contract and Its Remedies
Void Agreements
Quasi Contract and Contingent Contract
Unit II: The Indian Contract Act, 1872: Special Contract
Contract of Indemnity and Guarantee
Contract of Bailment
Contract of Agency
Unit III: The Sale of Goods Act, 1930
Contract of Sale
Conditions and Warranties
Transfer of Ownership in Goods
Performance of Contract of Sale and Unpaid Seller
Unit IV: The Limited Liability Partnership Act, 2008
Introduction to LLP and Its Incorporation
Functioning of LLP: Partners, Their Relations, Accounts, Audit and Taxation
Winding Up and Dissolution of LLP
Unit V: The Information Technology Act, 2000
Introduction to IT Act, Digital Signature and Certifying Authorities
Offences, Penalties and Cyber Appellate Tribunal
Unit VI: Negotiable Instruments Act, 1881
Introduction to Negotiable Instruments Act
Parties to Negotiable Instrument
Endorsement and Crossing of Cheque
Customer–Banker Relationship and Dishonour of Negotiable Instrument


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ISBN: 9789353287511