Business Regulatory Framework PDF
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PES University
Karishma Birthare
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Summary
This document is a set of lecture notes on business regulatory frameworks, focusing on contract and intellectual property laws for undergraduate students at PES University. The notes cover topics such as the meaning of law, business law, Indian Contract Act 1872, and introduction to various concepts within the field.
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BUSINESS REGULATORY FRAMEWORK B.COM I Semester Karishma Birthare Assistant Professor Faculty of Law, PES UNIT - 1 The Laws of Contract and Intellectual Property Laws ...
BUSINESS REGULATORY FRAMEWORK B.COM I Semester Karishma Birthare Assistant Professor Faculty of Law, PES UNIT - 1 The Laws of Contract and Intellectual Property Laws UNIT - 1 COURSE CONTENT OF UNIT 1 An overview of Sections 1 to 75 covering the general nature of contract Consideration under Contract Law Other essential elements of a valid contract Performance of contract Breach of contract Contingent and Quasi Contract Overview of Intellectual Property: Meaning of IPR Indian Patent Laws and WTO Patent Rules: Meaning of IPR, Invention and Non- invention Procedure To Get Patent Restoration and surrender of lapsed patent, infringement of patent UNIT 1: The Laws of Contract and Intellectual Property Laws Meaning of Law UNIT 1: The Laws of Contract and Intellectual Property Laws Meaning of Business Law Business Law is also called as Commercial law or Mercantile Law UNIT 1: The Laws of Contract and Intellectual Property Laws UNIT 1: The Laws of Contract and Intellectual Property Laws INTRODUCTION The law relating to contracts in India is contained in the Indian Contract Act, 1872 UNIT 1: The Laws of Contract and Intellectual Property Laws INTRODUCTION The law relating to contracts in India is contained in the Indian Contract Act, 1872. UNIT 1: The Laws of Contract and Intellectual Property Laws INTRODUCTION Social agreements Domestic agreements UNIT 1: The Laws of Contract and Intellectual Property Laws The Indian Contract Act is divided into two parts: Section 1-75 General principles of the law of contract Section 124- Special kinds of 238 Contracts UNIT 1: The Laws of Contract and Intellectual Property Laws CONTRACT = AGREEMENT + ENFORCEMENT BY LAW Legal obligation arising out of agreement UNIT 1: The Laws of Contract and Intellectual Property Laws Agreement enforceable by law is a contract UNIT 1: The Laws of Contract and Intellectual Property Laws According to section 2 (h) of the Indian Contract Act, “An agreement enforceable by law is a contract” AGREEMENT = OFFER + ACCEPTANCE UNIT 1: The Laws of Contract and Intellectual Property Laws AGREEMENT According to section 2 (e) defines agreement as, “Every promise and every set of promises, forming the consideration for each other, is an agreement.” THANK YOU Karishma Birthare Assistant Professor Faculty of Law, PES
