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Online Degree

Legal Aspects of Business

By Kanika Kaushik   |   The NorthCap University

At the core of any study of business laws lies an understanding of the diverse legal systems that shape the business environment worldwide. From common law to civil law and beyond, students delve into the origins, principles, and applications of various legal systems. By comprehending the fundamental differences between these systems, participants gain insights into how legal principles influence business practices and transactions across different jurisdictions. Contracts serve as the backbone of business agreements, defining the rights, obligations, and remedies of parties involved. In this course, participants explore the principles of contract formation, interpretation, and enforcement. Through case studies and real-world scenarios, students learn to draft, negotiate, and evaluate contracts effectively, safeguarding the interests of businesses and mitigating legal risks associated with contractual disputes. Choosing the appropriate legal structure is a critical decision for any business venture. Through the study of partnerships, corporations, limited liability companies, and other business entities, participants gain insights into the legal implications of different organizational structures. From formation to dissolution, students learn to navigate corporate governance, compliance requirements, and fiduciary duties, ensuring sound legal foundations for business operations. Commercial transactions form the lifeblood of business operations, involving the sale of goods, negotiation of contracts, and financing arrangements. This course examines the legal principles governing commercial transactions. Upon completion of this course, participants emerge with a comprehensive understanding of business laws and their applications in the commercial context. Armed with this knowledge, participants are equipped to analyze legal issues and make informed decisions in a business environment, identify potential legal risks and liabilities and implement strategies to mitigate them effectively, navigate through complex legal frameworks with confidence, ensuring compliance and ethical conduct within business practices.

REGISTRATION LINK FOR THIS COURSE - 
https://docs.google.com/forms/d/12GiLY16nKjIfvzZth69tX8jHA0ODsxOHKLh987-0f_U/edit 


SUMMARY

Course Status : Upcoming
Course Type : Core
Duration : 12 weeks
Start Date : 12 Mar 2025
End Date :
Exam Date :
Enrollment Ends : 15 Apr 2025
Category :
Level : Undergraduate

COURSE LAYOUT


 

Unit 1: Basics of Contract Law

1.1 Essentials of a valid contract

1.2 Capacity to enter into a contract

1.3 Discharge of a Contract

1.4 Breach of a contract

1.5 Contract of Agency and Bailment

Unit 2: Sale of Goods Act and Negotiable Instruments

 

2.1 Contract of Sale

2.2 Conditions and warranties

2.3 Unpaid seller and his rights

2.4 An introduction to Negotiable Instruments

 

Unit 3: Partnership

3.1 Partnership

3.2 Rights,Obligations and Liabilities of Partners

3.3 Dissolution

3.4 Limited Liability Partnership vs Partnership, Limited Liability Partnership vs Company

3.5 Dissolution of a Limited Liability Partnership

 

Unit 4: Basics of Company Law

 

4.1 Essential features of a Company

4.2 Types of Companies

4.3 Memorandum of Association & Articles of Association

4.4 Prospectus

4.5 Lifting of Corporate Veil

4.6 Directors of a Company

Assessment Policy


Assessment Type

Weightage

Continuous Evaluation

30%

Final Exam

70%

Certificate Eligibility

To successfully complete the course and obtain a certificate, participants must achieve a minimum score of 40%, which includes both continuous assessment and the final examination. Upon competion, the earned credits will be transferred to the Academic Bank of Credits.

 

BOOKS AND REFERENCES

Text Books:

  • Dr. Avtar Singh, Law of Contract, EBC, Lucknow (9th Edn. – 2021)

  • Dr. R.K Bangia , Law of Contract, Allahabad Law Agency, 2019

Reference Books:

  • R.K.Abhichandani (ed.), Pollock and Mulla on Contracts and Specific Relief Acts (1999) Tripathi, Bombay 

  • Avtar Singh, Principles of the Law of Sale of Goods and Hire Purchase (2018), Eastern, Lucknow 

  • J.P. Verma (ed.), Singh and Gupta, The Law of Partnership in India (2020), Orient Law House

INSTRUCTOR BIO

Kanika Kaushik

The NorthCap University
Ms. Kanika Kaushik is working with the NorthCap University's Center for Distance and Online Education as an Assistant Professor. She graduated from University School of Law and Legal Studies, Guru Gobind Singh Indraprastha University. She completed her LLM in corporate and Business Laws from Gujarat National Law University, Gandhinagar. Currently, she is pursuing her PhD in the area of Competition Law from Gujarat National Law University. She has qualified UGC-NET examination and completed certificate courses on copyright law, competition law etc.

COURSE CERTIFICATE

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