Business Law 2.6

Business law encompasses a wide array of regulations that govern commercial interactions. Known as commercial or mercantile law, it consists of rules established through conventions, agreements, and legislation at both national and international levels. This app serves as a comprehensive guide to business law, detailing its principles and practical applications.

Topics Covered in This App:

• Business Law Overview
• Definition of a Company
• Nature and Significance of a Company
• Classification of Companies
• Principle of Separate Legal Existence
• The Corporate Veil in Business Law
• Duties Arising from Separate Legal Existence
• Conversion from Private to Close Company
• Close Corporations
• Partnerships
• Trusts
• Sole Proprietorships
• Liabilities and Rights of Promoters
• Company Formation Processes
• Private vs. Public Companies
• Memorandum of Association: Concepts and Clauses
• Articles of Association: Definitions and Implications
• Shares: Types and Management
• Powers and Duties of Directors
• Liabilities of Directors under the Companies Act
• Company Winding Up Procedures
• Powers of Liquidators and Consequences of Winding Up
• Types of Company Meetings: Statutory, Annual General, Board Meetings
• Various Laws and Acts Related to Business Law
• The Law of Contract: Essential Elements and Principles
• The Law of Sale of Goods: Key Sections and Implications
• The Law of Arbitration and Carriage of Goods by Different Means
• Consumer Protection Legislation and the Industrial Disputes Act
• The Factories Act: Compliance and Responsibilities
• Understanding 501(c) Organizations: Legal Frameworks
• Sources of Law: Constitution, Legislation, and Judicial Interpretations
• An Overview of Civil Procedure: Court Usage and Trials
• The Law of Torts: General Principles and Specific Torts in Business Operations
• Contract Law: Acceptance, Privity, Assignment, and Enforceability
• Understanding Breach of Contract and Available Remedies
• Business Entity Law: Forms, Requirements, and Corporate Governance
• Civil Liability in Business Relationships
• Consumer Protection Measures and their Importance
• Banking Regulations: Secured Transactions and Creditor Rights
• Employment Law: Key Considerations for Employers and Employees
• Additional Topics:
• - Competition Laws:

• - Environmental Regulations:

• - International Business Law:

• - Property Rights:

• - Intellectual Property Considerations:

This app serves as a valuable resource for understanding business law's multifaceted nature, making it an essential tool for students, legal professionals, and business practitioners.