Business Law

Business Law

Law in a broad sense means rules, regulations, guidelines, principles etc. and there are laws which regulate business, trade and commerce. Business law has day to day application in any kind of business. Business managers striving for excellence must understand and apply the various laws of business in addition to acquiring knowledge and skills in their respective domains of management. The laws range from Corporate laws, Companies Act, Labour Legislation, Laws of Contracts. Taxation Laws etc.

This page of Simplynotes is intended to provide free and updated study material on Business Laws for graduate and post-graduate students preparing for the various University and Professional Examinations. It is specially created to meet the needs of the students of M. Com., B. Com., C.A., MBA, etc. of Indian Universities. Our aims is to explain the provisions of the different enactments in a way that is simple and logical to the students, convenient to the businessman and interesting to the casual reader who may care to use it as a reference.

1. The Indian Contract Act 1872

Click on the link below:

Law of Contract (1872):Nature of contract; Classification; Offer and acceptance; Capacity of parties to contract; Free consent; Consideration; Legality of object; Agreement declared void

2. The Sales of Goods Act 1930

Click on the link below:

Sale of Goods Act 1930: Formation of contracts of sale; Goods and their classification, price; Conditions, and warranties; Transfer of property in goods; Performance of the contract of sales; Unpaid seller and his rights.

3. The Consumer Protection Act 1986

The Consumer Protection Act 1986: salient features, definition of consumer, Grievance Redressal machinery as regards to the Grievances of the customers /consumers.

Click on the link below:

The Consumer Protection Act -1986

Click on the link below for more Study Material on MBA/BBA

Free MBA Notes/Free BBA Notes/ MBA Study Material/ MBA Notes

Follow Us on YouTube

https://www.youtube.com/watch?v=VVceNxMx8bE

Himanshi on Group Cohesiveness: “Your notes are too good and in easy language to read and remember” Jun 11, 17:38
Crystal on Importance/Need of entrepreneurship development programme (EDP): “Hi! Someone in my Facebook group shared this website with us so I came to give it a look. I’m…” Mar 31, 01:28
Delia on What is Teaching? Concept of Teaching: “As the admin of this web site is working, no question very quickly it will be well-known, due to its…” Mar 31, 01:16
Provis on Importance/Need of entrepreneurship development programme (EDP): “I think other site proprietors should take this site as an model, very clean and magnificent user friendly style and…” Mar 30, 11:11
Melaine on Importance/Need of entrepreneurship development programme (EDP): “I was just searching for this info for a while. After six hours of continuous Googleing, at last I got…” Sep 14, 21:07
Sheridan Enderlin on Role of Government in promoting Entrepreneurship: “Nice post. I learn something new and challenging on websites I stumbleupon everyday. It’s always exciting to read articles from…” Sep 13, 17:21