Business law has day to day application in any kind of business. Business law is also known as corporate law or commercial law. The company form of partnerships has become popular to overcome the problems of partnership business. Perpetual existence sec 342 section 342 of the act states that an incorporated company has perpetual life. During this course we will be referring to the virtual ink business plan as an example. Business law notes lecture notes, lectures 1 7 studocu.
Lecture note, fivestep approach lecture notes topic 10. The life of the company is not related to the life of the members. Also, school of business majors may not enroll in this course. We shall understand the significance of management. They can be as detailed or brief as management wish. It is about choosing to do some thing that is not mandated by the law or not doing some thing that is permitted by the law but may cause harm to some one. It discusses the definition of law, the nature of law and its functions.
International business management tutorial tutorialspoint. Lecture notes nuts and bolts of business plans sloan. In short it can do everything just like a natural person. Mba lectures in macroeconomics new york university. United arab emirates, dubai views 25443 replies 10 validations 1. The advent of ecommerce electronic commerce is a general term applied to use of computers and telecommunication technologies to support trading in goods and services. It is defined as any from of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact. Things to keep in mind in writing a business plan which will improve your chances of obtaining funding and running a successful business. General objectives this unit aims at introducing you to the general principles of law and its application. On july 30, 2014 july 30, 2014 by jscbba in uncategorized. This textbook covers the issues related to corporate governance, business ethics, risk management and ethical decisions.
The ideal of the rule of law, which can be traced back at least as far as aristole, is deeply embedded in the public political cultures of most modern democratic societies for example, the universal declaration of human rights of 1948 declared that it is essential if man is not to have recourse as a last. These notes cover the 1st 12 of chapter 12 for the final. Gordon, jd, mba, llm founding author and director of business professor, inc. Business law study notes 1 describe the national labor. Business law law in a broad sense means rules, regulations, guidelines, principles etc.
As the investments are big, the risks involved are also very high. It is the responsibility of the students to ensure that all materials, papers andor projects submitted to the lecturer are the sole work of the student named unless when it is clearly stated otherwise in the paper. Brief explain about history of indian contract act 1872. While the predominant concern in a business law course is substantive law, we will first consider the basics of procedural law, the form or organization of the legal system and its methods of conducting trials. The attached pdf file will help you in your studies for business ethics and help you clearing your semestertrimester exams with ease. Students can download the study materials in the pdf format which can be helps in their academic preparation. Download it once and read it on your kindle device, pc, phones or tablets. Mba is an internationally accepted master of postgraduate level degree. Technical contracts these contracts have formal requirements and are often governed by specific statutes. Business law environment lecture notes pdf ebook download. Oct 03, 2015 hi fellow mba students, here in this thread i am sharing lecture notes summarized ebook for the subject business law environment as per the mba syllabus. Business law notes lecture notes, lectures 1 studocu. Comparison of financial and management accounting financialaccounts managementaccounts concentrate on the business as a whole rather than analysing the component parts of the. Business law company law organizations require huge investments.
It is a particularly important industry that frequently has a farreaching impact on society and the economy. Here you will get free mba notes, mba study notes, mba lecture notes, mba subject notes, notes for mba students. Administration administration can be defined as the process of organizing resources efficiently to accomplish a goal. Prior to joining the firm, he served for two years as a law clerk for the honorable gregory f. Mba training and development in hrm notes pdf download 4th.
Ecommerce is widely considered the buying and selling of products over the. Law in a broad sense means rules, regulations, guidelines, principles etc. Legal aspects of business this book is a part of the course by jaipur national university, jaipur. What is it, why do i need it and what is it used for. Com, management for mba, bba, and other management and business studies students. Here we provide the study materials for the students who are searching for mba study materials notes on financial accounting. An introduction 4 overview access to text all of this material in this text is available in desktop and mobile browser or pdf format at. Business law notes of module 1 sem 2 linkedin slideshare. Law create the company and law alone candissolve it. Introduction to business law and legal framework rule of law what is the rule of law. Practical dos and donts in preparing a business plan.
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Social and political environment spe this section provides you the soft copy of the lectures which will be discussed in the class rooms as per the time table and lecture schedule. Credit for bus 3100 will not be granted if the student already has credit for bus 3470. Mba semester notes, mba sem notes, mba 1st 2nd 3rd 4th sem notes. Business law notes free study notes for bbambamcom. This law is applicable throughout the country, except the states. The legal definition of a contract is a promise or set of promises that, when breached by one party, gives the other party a legal remedy. This course is an introduction to the field of business management. Lecture one introduces you to the basic concepts of business law 1. Various multinational companies have their investors.
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