Centre for Online Education - BCOC-133: Business Law
- Offered bySwayam
BCOC-133: Business Law at Swayam Overview
Duration | 16 weeks |
Mode of learning | Online |
Official Website | Go to Website  |
Credential | Certificate |
BCOC-133: Business Law at Swayam Highlights
- Earn a certificate from IGNOU
- Learn from industry experts
BCOC-133: Business Law at Swayam Course details
- Students pursuing degrees in business, commerce, law, or related fields who need a foundational understanding of business law
- Individuals preparing for careers in corporate law, legal consultancy, or as legal advisors within businesses
- Managers and executives who need to ensure that their business operations comply with relevant laws and regulations
- You'll likely explore areas like contract law, company law, sale of goods act, consumer protection law, intellectual property law, and labor law
- Learn the key elements that make an agreement a legally enforceable contract
- Learn about the rights and obligations of buyers and sellers in commercial transactions involving goods
- Learn about the options businesses have to seek compensation or enforce their rights if a contract is breached
- Business law focuses on all the types of agreements like Social, Domestic, Moral, Religious and Commercial
- Out of these 5 agreements it is only the legal or commercial agreements which speaks about enforceability
- It ultimately helps a Business to function smoothly within the legal boundaries of the law of the land by which the people are governed
- Through this course the students are made capable enough in guiding the management in decision making without receiving any constant help from the legal department
- With this knowledge the students can manage the business more efficiently by avoiding unwanted legal issues as they are capable enough to understand the legal terms and conditions that are related to the business
BCOC-133: Business Law at Swayam Curriculum
Week -1: Essentials of a contract
Contract: An overview
Classification of contracts
Essentials of a valid contract
Week- 2: Offer and acceptance
Offer
Acceptance
Communication of offer and acceptance,
Revocation of offer and acceptance
Week-3: Capacity of parties
Who can enter into a contract
Position of minor
Agreement by persons of unsound mind
Persons disqualified by law
Week-4: Free consent
Introduction, meaning of consent
Concepts of free consent
Coercion, Undue influence
Week-5: Free consent
Distinction between coercion and undue influence
Fraud
Misrepresentation, distinction between fraud and misrepresentation
Mistake.
Week-6: Consideration and Legality of object
Consideration, Legal Rule for valid consideration
Stranger to a contract and stranger to consideration, Adequacy of consideration, Legality of Agreement without consideration & Agreements opposed to public policy
Week-7: Void agreement and contingent contracts
Void Agreements
Contingent contracts
Week-8: Performance and discharge
Introduction, meaning of performance, Types of performance, Performance of reciprocal promises
Modes of discharge of a contract
Breach of contract, Remedies for breach contract Quasi contract, quantum meruit
Week-9: Indemnity and guarantee Bailment and pledge Bailment
Indemnity and guarantee
Rights of a surety , Discharge of surety from liability
Week-10: Contract of agency
Contract agency, creation agency classifications, Scope authority, substituted agent
Agency Ratification Rights, Duties, liabilities termination agency, irrevocable agency
Partnership
Registration of Partnership
Week-11: Rights, duties and liabilities of partners
Mutual relations of partners, property of the firm, property of the firm, Relations of the partners. Position of incoming and outgoing
Dissolutions of partnership firm and models
Consequences of dissolution of firm
Week-12: Limited liability partnership
Nature of limited liability partnership
Meaning of contract sale , Sale and hire purchase agreement types of goods
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