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About the Author
M C Kuchhal :-
He served for about four decades as the faculty member of Shri Ram College of Commerce, University of Delhi. He is also the author of renowned books like Secretarial Practice and Mercantile Law published by Vikas.
Vivek Kuchhal :-
He is Associate Professor at Maharaja Agrasen Institute of Technology, Delhi. He is an alumnus of Shri Ram College of Commerce, and Faculty of Management Studies, University of Delhi, Delhi. He has had a brilliant academic record throughout, securing second position in order of merit in BCom (Hons) and also in the MBA in the University. He is also a Chartered Accountant and Cost Accountant. He secured 13th all-India rank in CA (Inter) Examination.
About the Book
This book deals with the fundamental branches of business law, namely, law of contract, law of sale of goods, law of partnership, law of negotiable instruments and law of information technology. Its contents have been extracted from the authors' reputed title Mercantile Law that has gained tremendous readership over the years. Business Law is intended to serve as a textbook for the students of BCom, BCom (Hons), CA Common Proficiency Test (CPT), CA Integrated Professional Competence Course (IPCC), CS Foundation Programme, ICMA Intermediate, BBA, MBA, and also for those appearing for banking and competitive examinations.
• Quotes Indian and English cases at appropriate places with a view to ensure necessary authenticity and clarity on the subject
• Includes text questions and practical problems with hints and solutions in each chapter to enable students to evaluate their understanding of the subject
• Explains complicated provisions in easily comprehensible language with the help of illustrations and analogies
New in this Edition
• Objective type questions have been added
• Law of limited liability partnership has been added and the law of information technology dropped
Table of Content
Part-I: Law of Contract: 1. Nature and Kinds of Contracts, 2. Offer and Acceptance, 3. Consideration, 4. Capacity of Parties, 5. Free Consent, 6. Legality of Object and Consideration, 7. Void Agreements, 8. Contingent Contracts, 9. Performance of Contracts, 10. Discharge of Contract, 11. Quasi-Contracts, 12. Remedies for Breach of Contract, 13. Indemnity and Guarantee, 14. Bailment and Pledge, 15. Agency, Part-II: Law of Sale of Goods: 16. Contract of Sale of Goods, 17. Conditions and Warranties, 18. Transfer of Property, 19. Performance of Contract of Sale, 20. Rights of Unpaid Seller, Part-III: Law of Partnership: 21. Definition and Nature of Partnership, 22. Formation of Partnership, 23. Rights, Duties and Liabilities of Partners, 24. Dissolution of Partnership Firm, Part-IV: Law of Negotiable Instruments: 25. Negotiable Instruments, 26. Parties to Negotiable Instruments, 27. Presentment of Negotiable Instruments, 28. Negotiation of Negotiable Instruments, 29. Dishonour and Discharge of Negotiable Instruments, 30. Crossing and Bouncing of Cheques, Part-V: Law of Limited Liability Partnership: 31. Limited Liability Partnership, 32. Nature and Incorporation of LIP, 33. Partners and Their Relations: LIP, 34. Accounts, Audit and Taxation, 35. Conversion to Limited Liability Partnership, 36. Winding up and Dissolution • Select Bibliography • Index