Business Law

source: http://www.visionapexcollege.blogspot.com 
LAW 102 (Credit hours 3)
BBA, Third Year, Sixth Semester

Course Objectives:

This course aims to provide students with a sound understanding of major laws affecting the operation of business enterprises in the context of Nepal.

Course Contents:

1. Introduction                                                                                                 5 hours

Nature, types and source of law; meaning and sources of business law in Nepal; importance of legal environment; the court system, jurisdiction, and civil procedures in Nepal

2.  Essentials of Nepalese Contract Law                                                           6 hours

Valid, Void, voidable contracts; essentials of a valid contract; offer and acceptance; consideration; privity of contract; free consent; contingent contract; performance of contract; termination of contract; breach of contract and remedies

3.  Bailment and Pledge                                                                                   3 hours

Meaning of bailment and pledge; rights and duties of bailor/bailee and pledger/pledge; pledge by non-owner, finder of lost goods; discharge of liability

4.  Indemnity and Guarantee                                                                            3 hours

       Contract of indemnity and guarantee; rights and duties of surety

5.  Laws Relating to Sale of Goods                                                                   4 hours

Meaning and feature of the contract of sale of goods; types of goods; conditions and warranties; transfer of ownership; unpaid seller; performance of the contract of sale of goods

6.  Law of Agency                                                                                             4 hours

Nature and modes of creating of agency, rights and duties of agents, sub-agents, principal, substitute agent, procedure of registration in agency business

7.  Incorporation and Management of Companies under the Company Act       9 hours

Incorporation, registration, shares and debentures, board of directors and board meeting, minutes and resolution, auditing, dissolution, winding up, liquidation

8.  Important Provisions of other Major Laws                                                   9 hours

Industrial Enterprises Act, Foreign Investment and Transfer of Technology Act, Arbitration Act, Financial Institutions Act, Insurance Act, Cyber Laws, legal provisions relating to negotiable instruments, Insurance Act

9.  Laws Relating to Intellectual Property rights                                                5 hours

Major provisions of TRIPS Agreement (patent, design, trademark, geographical condition etc.) legal regime of T.T under TRIPS, Nepalese IPRS laws vis-à-vis TRIPS        

Text Books:

1. Smith, L.Y., G.G. Roberson, R.A. Mann, and B.S. Roberts: Business Law, West publishing Co.
2. Nepal Acts Collections (several volumes).

Reference Books:

1. Abbot, K.R. and N. Pendlebury: Business Law, ELBS.
2. Shrestha Ram Prasad: Legel Environment of Business In Nepal
3. Kalika, S.N., Business Law, Buddha Academic Enterprises Pvt. Ltd