Business LawS. Chand Publishing, 1999 - 421 pages For the students of B.Com.(Pass & Hons.), CA, CS, Other Equivalent Examinations.In this revised and updated edition, the text has undergone an exhaustive revision and a substancial value addition.The object of this book Business Law is to set out the basic principles of Mercentile Law simply and clearly.The whole book is in the form of capsule model and unneccessary explantions have been removed.Vital points have been given in boxes so that students can easily identify and memorise them.The book has been written in a simple language and lucid style. |
From inside the book
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Page 2
... enforced by the State ( b ) It has its source in Sovereign Authority ( c ) it is accompanied by sanctions ( d ) it has a command and compel a course of conduct ( e ) it attempts to achieve security and uniformity in its application ...
... enforced by the State ( b ) It has its source in Sovereign Authority ( c ) it is accompanied by sanctions ( d ) it has a command and compel a course of conduct ( e ) it attempts to achieve security and uniformity in its application ...
Page 5
... enforced even though the terms of the contract are harsh or unfair to one party . When people entered into a contract they made a piece of private law binding on each other and beneficial to themselves and in a wider sense to the ...
... enforced even though the terms of the contract are harsh or unfair to one party . When people entered into a contract they made a piece of private law binding on each other and beneficial to themselves and in a wider sense to the ...
Page 6
... enforced in a court of law is known as a contract . Thus a contract consists of the two elements : ( 1 ) An agreement and ( 2 ) the agreement must be enforceable by law . First , there must be an agreement . Secondly , such an agreement ...
... enforced in a court of law is known as a contract . Thus a contract consists of the two elements : ( 1 ) An agreement and ( 2 ) the agreement must be enforceable by law . First , there must be an agreement . Secondly , such an agreement ...
Page 7
... enforcing the agreement . Similarly , if you fail to attend the dinner , I cannot go to Courts of Law for enforcing the agreement . Lawful Consideration The agreement must be supported by lawful consideration on both sides . Each party ...
... enforcing the agreement . Similarly , if you fail to attend the dinner , I cannot go to Courts of Law for enforcing the agreement . Lawful Consideration The agreement must be supported by lawful consideration on both sides . Each party ...
Page 8
... enforced . The performance of an agreement must be possible . An agreement to do an impossible act is not valid . ( See Chapter IX ) 9 . Legal Formalities A contract may be oral or in writing . If , however , a particular type of ...
... enforced . The performance of an agreement must be possible . An agreement to do an impossible act is not valid . ( See Chapter IX ) 9 . Legal Formalities A contract may be oral or in writing . If , however , a particular type of ...
Contents
1 | |
28 | |
35 | |
52 | |
59 | |
Quasi Contract Sections 6872 | 80 |
Remedies for Breach of Contract Sections 7375 | 96 |
Contract of Indemnity and Guarantee Sections 124147 | 107 |
Definition Characteristics Presumptions Promissory Note Bill | 243 |
Questions | 263 |
Characteristics Duties Exceptions | 275 |
Carriage by | 282 |
THE INSOLVENCY | 290 |
Property and Debts of Insolvent | 303 |
Discharge of Insolvent | 314 |
Mode of Arbitration | 321 |
Contract of Bailment and Pledge Sections 148181 | 120 |
Contract of Agency Sections 182238 | 133 |
Contract of Sale of Goods 158167 | 158 |
Conditions and Warranties Sections 1117 168176 | 168 |
Transfer of Property Sections 1830 177184 | 177 |
Performance of Contract of Sale Sections 3144 185192 | 185 |
Remedial Measures Sections 4561 193199 | 193 |
THE INDIAN PARTNERSHIP | 200 |
Relation of Partners 214223 | 214 |
Dissolution of a Firm 224228 | 224 |
Nature and Principles of Insurance | 331 |
Life Insurance | 345 |
Fire Insurance | 358 |
Marine Insurance | 367 |
The Indian Contract Act Act No IX at 1872 | 383 |
Appendix I | 425 |
The Indian Partnership Act 1932 9 at 1932 as Amended UptoDate | 457 |
Index | 469 |
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Common terms and phrases
acceptance acceptor According to Sec agency agent agreed amount apply appointed arbitration agreement assured authority B.Com bailee bailment bailor becomes behalf bill of exchange bill of lading bound breach of contract buyer carrier cheque claim common carrier compensation condition consent consideration contract of indemnity contract of insurance contract of sale Court creditor damages debt deliver delivery discharged dishonour dissolution drawee duty endorsement enforced entitled Example fire fraud guarantee holder in due implied indemnify Indian Contract Act Insolvency Act insolvent insurable interest Kerala liable lien loss MAHARASHTRA marine insurance minor negotiable instrument notice offer Official Assignee order of adjudication owner paid partner partnership payable payment performance possession premium principal debtor profits promisor promissory note reasonable recover Registrar rupees Section sell ship specified sub-agent sub-section subject-matter suit surety third party third person transaction transfer unless unpaid seller valid voidable warranty