Business law is also known as corporate law or commercial law. So long as they do not infringe some legal provisions, they can make what rules they like in respect of the subject matter of their agreement and the law will give effect to their. Bba 101 business law i kenyatta university institute of. Agreement, element of valid contract, offer and acceptance rules regarding revocation of offer and acceptance, standard form contract a new innovation to suit the needs, consideration essential elements. Thiruchelvi lecturer, department of management studies. Meaning the buying and selling of products and services by businesses and consumers through an electronic medium, without using any paper documents. Often the candidates are then interviewed to ensure that the assessors understand actions taken by the candidate and the rationale for the actions. View notes bba 101 business law i from law 1 at harvard university. Business law notes free study notes for bbambamcombcom. S, business law manual, institute of accountancy arusha p.
This handbook can be downloaded as a pdf file from the victoria university website at. This is the study guide for the upcoming midterm 1023. Prerequisites mba 600 and the excel workshop, or equivalent. The parties to a contract, in a sense, make the law for themselves. Students can download the study materials and pdf books and they can use them in their academic preparation. You can easily search, bookmark, highlight, and underline the text material. Get the complete study material, ppt, courses, question paper, mcq. Com, management for mba, bba, and other management and business studies students.
Macro factors factors which operate in the external environment of the business and have an indirect impact on its performance. Business law is defining as the form of law that that applies to the rights, relations, and conduct of individuals a. To acquaint students with the issues of domestic and global environment in which business has to operate. What do you think is the difference between management and business administration. Lecture notes human resource management mba iind semester. When we talk about business law, were talking about the laws that cover every aspect of starting, running and closing a business. Lecture one introduces you to the basic concepts of business law 1. Mba international business iii semester paper xiii international business law course code. Business law notes lecture notes, lectures 1 7 studocu.
Technological challenges of conducting business on the world wide web, innovative business models in electronic commerce, digital platforms of business to customer and business to business trade, guidelines for website usability, internet marketing and advertising, search engine optimization and search engine marketing for profitability, web. Here at askvenkat we are providing mba books links for free. Mba finance and accounts ebooklecture notes pdf download amazing thanks for providing such a helpful knowledge to us as i was about to approach for some helpful notes on financial management 18th february 2014, 11. General objectives this unit aims at introducing you to the general principles of law and its application. Mba finance and accounts ebooklecture notespdf download. So a contract has two parts it must be an agreement. Business law an introduction the business professor. Business law notes free study notes for bbambamcom.
Nov 02, 2016 business law complete notes with model questions business law is an evergrowing branch of law with the changing circumstances of trade and commerce, which is concerned with the establishment, operation, development, expansion and winding up of any business activities. To relate the impact of environment on business in an integrated manner, and. Brief explain about history of indian contract act 1872. Sep 14, 2012 in short it can do everything just like a natural person. Perpetual existence sec 342 section 342 of the act states that an incorporated company has perpetual life. Comparison of financial and management accounting financialaccounts managementaccounts concentrate on the business as a whole rather than analysing the component parts of the. Labour and industrial laws pocket edition eastern book company. Introduction to legal system, state, rule of law and. A business manager may have a wide variety of responsibilities depending on the. Law create the company and law alone candissolve it.
Legal environment and business law notes pdf download. Mbib 3003 objectives to expose the students to the legall and regulatory framework and their implications concerning global business operations, and to have a better understanding of the functioning and objectives of various. Business law notes mba negotiable instrument misrepresentation. The easiesttoread, most userfriendly guide to legal terms. Ecommerce is widely considered the buying and selling of products over the. Accounting standards i as, ifrs there is no predetermined format for management accounts. I want to get information about the business environment and law notes at pondicherry university. Lecture note, fivestep approach lecture notes topic 10. Law in a broad sense means rules, regulations, guidelines, principles etc.
Notes selfinstructional material 1 introduction introduction for a very long time, there has been a real and a significant need for a good textbook on business ethics and corporate governance. Bbs 3rd year business law complete notes bbs notes edunepal. Administration administration can be defined as the process of organizing resources efficiently to accomplish a goal. Discuss full notes on company law within the publish upload project or download reference project forums, part of the projects hub for management students mba projects and dissertations bms projects bba projects category. Principles of business law contents study unit title page syllabus i 1 nature and sources of law 1 nature of law 3 historical origins 6 sources of law 9 the european community and uk law.
Mba full form is masters of bussiness administration. According to indian contract act 1872 and under section 2h contract may be define as an aqreement enforceable by law. Business law and ethics, january 2016, page 2 of 5 ble1. Business law complete notes with model questions business law is an evergrowing branch of law with the changing circumstances of trade and commerce, which is concerned with the establishment, operation, development, expansion. An overview 2 common law, equity and statute law 23 custom 25 case law 26 nature of equity 32 application of principles of equity 34.
Download business law notes, books, syllabus pdf for mba, bba, b. An introduction 4 overview access to text all of this material in this text is available in desktop and mobile browser or pdf format at. Master of business administration is one of the popular, twoyear professional courses which is the ever demanding one in india mba. Business law notes of module 1 sem 2 linkedin slideshare. Business law pdf book free download mba books business law pdf book free download. In short it can do everything just like a natural person. Bbs 3rd year business law complete notes bbs notes. While the predominant concern in a business law course is substantive law, we will first consider the basics of procedural law, the form or organization of the legal system and its methods of conducting trials. It is about choosing to do some thing that is not mandated by the law or not doing some thing that is permitted by the law but may cause harm to some one. Her course is focused on legal issues in business for mba students. Exception to the rule no consideration no contract privity of contract and consideration, capacity to contract, free consent coercion, undue influence.
Business law notes for mba pdf 2019 2020 2021 student forum. Business law pdf book free download mba books askvenkat books. They can be as detailed or brief as management wish. It discusses the definition of law, the nature of law and its functions. Introduction to business law and legal framework rule of law what is the rule of law.
In particular the unit discusses how this law relates to the business world. The employees compensation act, 1923 earlier called the. Business law has day to day application in any kind of business. Introduction to business administration lesson 1 1. Download legal environment and business law notes pdf. Mba is an internationally accepted master of postgraduate level degree. Labour law reforms are an ongoing and continuous process and the government has been introducing new laws and amending the existing ones in response to the emerging needs of the workers in a constantly dynamic economic environment. Micro factors factors which are present in the immediate environment of the business and have a direct impact on its performance. Legal environment and business law notes pdf download mba.
The life of the company is not related to the life of the members. If we are to live with others, we must have a way to resolve the inevitable disputes. The law of contracts consisting of limiting principles subject to which the law will uphold. Mba finance and accounts ebooklecture notespdf download amazing thanks for providing such a helpful knowledge to us as i was about to approach for some helpful notes on financial management 18th february 2014, 11. This pdf document allows you to expand the table of contents on the lefthand side of the page. The ideal of the rule of law, which can be traced back at least as far as aristole, is deeply embedded in the public political cultures of most modern democratic societies for example, the universal declaration of human rights of 1948 declared that it is essential if man is not to have recourse as a last. The act came into force with effect from september 1st 1872. The practice of deciding court cases by referring to earlier decisions is known as. Discuss law notes for mba within the law forums, part of the publish upload project or download reference project category.
The law relating to contracts in india is contained in the indian contract act 1872. This course is an introduction to the legal system and the principles that govern business relations with particular reference to kenya. Study 52 terms business law notes flashcards quizlet. It is the function performed not only by corporation president and the army general but also of the shop supervisors and the company commander. This is the book the legal environment and business law.
On july 30, 2014 july 30, 2014 by jscbba in uncategorized. Mba distance mode dba 1744 strategic human management and development iii semester course material centre for distance education anna university chennai chennai 600 025. Business law was one of the important subject and also an important book for mba students. To give an exposure to important commercial and industrial laws.
Business law and ethics, january 2016, page 3 of 5 core standard 5 students evaluate the concepts and principles fundamental to sales agreements to be better consumers. This textbook covers the issues related to corporate governance, business ethics, risk management and ethical decisions. Unit 4 business administration startup in class discuss these questions. Business law notes lecture notes, lectures 1 studocu. Business law free study notes for mba mca bba bca ba bsc.
Access study documents, get answers to your study questions, and connect with real tutors for mba 103. Gordon, jd, mba, llm founding author and director of business professor, inc. Do you think that certain principles should be followed when running a business. Business law is defining as the form of law that that.
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