MBAL-105: Legal Aspects in Business – Unit 13

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MBAL-105: Legal Aspects in Business – Unit 13 Objectives: explain the meaning of a negotiable instrument and its negotiability; narrate the implications of ambigious and incohate instruments; describe the ‘holder in due course’ of an negotiable instrument and desscribe the priviledges of a holder in due course. Materials:The relevant material is available here. Questions:

MBAL-105: Legal Aspects in Business – Unit 12

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MBAL-105: Legal Aspects in Business – Unit 12 Objectives: define an unpaid seller; state the rights of an unpaid seller; discuss the right of stoppage-in-transit; distinguish between the right of lien and stoppage in transit; and explain the rules of an auction sale. Materials:The relevant material is available here. Questions:

MBAL-105: Legal Aspects in Business – Unit 11

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MBAL-105: Legal Aspects in Business – Unit 11 Objectives: explain the meaning of transfer of ownership; describe the significance of transfer of wonership; outline the meaning and types of delivery of goods; and describe the rules regarding delivering of goods and liability of the buyer. Materials:The relevant material is available here. Questions:

MBAL-105: Legal Aspects in Business – Unit 10

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MBAL-105: Legal Aspects in Business – Unit 10 Objectives: describe the meaning of terms ‘Condition’ and ‘Warranty’ in relation to sale and purchase of goods; distinguish between ‘Warranty’ and ‘Condition’; discuss as to when a condition may be treated as a warranty; and explain the fundamental principle of sale of goods, viz., Doctrine of Caveat … Read more

MBAL-105: Legal Aspects in Business – Unit 9

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MBAL-105: Legal Aspects in Business – Unit 9 Objectives: explain the meaning of a contract of a sale and describe its essential features; distinguish sale from an agreement to sell and hire-purchase agreement; and describe the effect of destruction of goods. Materials:The relevant material is available here. Questions:

MBAL-105: Legal Aspects in Business – Unit 8

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MBAL-105: Legal Aspects in Business – Unit 8 Objectives: explain as to what amounts to a breach of contract; list the remedies in case of breach of contract; define quasi contracts and describe varioud types of quasi contracts. Materials:The relevant material is available here. Questions:

MBAL-105: Legal Aspects in Business – Unit 7

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MBAL-105: Legal Aspects in Business – Unit 7 Objectives: understand the meaning of performance; explain the types of performance; state the requisites of a valid tender; and list the various modes of discharge of contracts. Materials:The relevant material is available here. Questions:

MBAL-105: Legal Aspects in Business – Unit 6

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MBAL-105: Legal Aspects in Business – Unit 6 Objectives: describe and identify agreements which are void-ab-intio or become void subsequently; describe uncertain agreements and state whether such agreements shall be valid or not; and explain the contingent contracts. Materials:The relevant material is available here. Questions:

MBAL-105: Legal Aspects in Business – Unit 5

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MBAL-105: Legal Aspects in Business – Unit 5 Objectives: describe the meaning of consideration; explain lawful consideration and its significance in relation to the validity of a contract; state the exceptions to the rule ‘no consideration, no contract’ and describe the agreements which are considered opposed to public policy. Materials:The relevant material is available here. … Read more

MBAL-105: Legal Aspects in Business – Unit 4

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MBAL-105: Legal Aspects in Business – Unit 4 Objectives: explain the meaning of consent; describe the circumstances when consent is not free; explain the meaning of coercion and undue influence, and their effect on the validity of a contract; distinguish between misrepresentation and fraud; and describe various types of mistakes and their effect on the … Read more