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This book has been written for ‘Business and Industrial Laws Paper’ of the BCom Semester-II Examination of University of Delhi. The contents of the book have been designed strictly in accordance with the semester based syllabus, effective from the academic year 2011–12. The book attempts to present the complicated subject of ‘Business and Industrial Laws’ in an easily comprehensible manner. The intricate points of law have been explained in as lucid, systematic and logical way as possible in a compact form. The entire text has been organized in four parts, namely, Law of Contract, Law of Sale of Goods, Law of Limited Liability Partnership and Industrial Laws. This book presents the subject matter tailor-made, as per the revised course structure of the Paper, to enable the students to possess a text-book which caters to their needs in full. 1. Appropriate cases have been cited with a view to ensure necessary authenticity and clarity on the subject 2.Test questions and practical problems with hints and solutions have been given in each chapter to enable students to evaluate their understanding 3.Each complicated provision has been explained with the help of illustrations and analogies 1.Thoroughly revised and updated text concerning LLPs, in line with the latest circulars and notifications issued by the Ministry of Corporate Affairs Part I: Law of Contract - 1. Nature and Kinds of Contracts, 2. Offer and Acceptance, 3. Consideration, 4. Capacity of Parties, 5. Free Consent, 6. Void Agreements, 7. Quasi-Contracts, 8. Discharge of Contract, 9. Remedies for Breach of Contract, 10. Indemnity and Guarantee, 11. Bailment and Pledge, 12. Agency, Part II: Law of Sale of Goods - 13. Contract of Sale of Goods, 14. Conditions and Warranties, 15. Transfer of Property, 16. Rights of Unpaid Seller, Part III: Law of limited liability Partnership - 17. Limited Liability Partnership (LLP), 18. Nature and Incorporation of LLP, 19. Partners and Their Relations: LLP, 20. Accounts, Audit and Taxation, 21. Conversion to Limited Liability Partnership, 22. Winding Up and Dissolution, Part IV: INDUSTRIAL LAWS - 23. The Payment of Wages Act, 1936, 24. The Payment of Bonus Act, 1965, 25. The Payment of Gratuity Act, 1972 ISBN - 9789325963955
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