I Semester BCOM- Legal Aspects of Business - Unit No 1

Legal Aspects of Business - First Module.

1. 2019 Autonomous Status Transformation of ‘ Digi – Gen’ into Educated, Disciplined and Professional Charismatic Leaders of Future 2027 Deemed University

2. I Semester B.COM Course Legal Aspects of Business

3. Course Learning Outcomes CLO1:Understand the essential elements of contracts and classification of contracts. CLO2:Apply the act to solve real-world problems that arises in creating viable contracts. CLO3:Analyze the legal issues that arises due to the legal injury caused due to non-compliance. CLO4:Evaluate the consequences which may lead to penalty or damages that enables to provide a healthy environment. CLO5:Analyse the impact of COPRA Act and IT Act in the present VUCA generation.

4. Units Indian Contract Act, 1872. Sale of Goods Act, 1930. Competition Act, 2002. Companies Act, 2013. The Consumer Protection Act, 2019 & IT Act, 2000.

5. Unit No : 1

6. Based on Validity

7. Based on Formation

8. Based on Performance

9. INTRODUCTION TO RECENT LEGAL CHANGES Staying updated with recent amendments and trends in contract law is essential for legal professionals and businesses. RECENT AMENDMENTS IN INDIAN CONTRACT LAW Key Changes: Discuss recent amendments to the Indian Contract Act and related laws. EMERGING TRENDS IN CONTRACT LAW Digital Contracts: Increasing use of digital and e-contracts. Smart Contracts: Contracts executed automatically through blockchain technology. IMPACT OF LEGAL CHANGES ON BUSINESSES Practical Implications: How recent changes affect business practices and contract management. Compliance Requirements: Ensuring compliance with new legal standards. CONCLUSION Keeping abreast of recent amendments and trends in contract law is crucial for legal compliance and effective contract management.