Business Law of BBS 3rd year Notes

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BBS 3rd year business law notes

We have collected the PDF of TU Business Law of BBS 3rd year Notes pdf. You can download it and prepare for your exam. BBS 3rd year business law notes pdf. BBS means Bachelor of Business Studies.

Business Law of BBS 3rd year Notes

Following are the Chapter-wise notes:

Chapter 1- Introduction to Business Law

Law is defined as a rule which regulates human action. For PDF: CLICK HERE

Chapter 2- Law of Contracts

A contract is an agreement between two or more parties to do or not to do something in a particular way.

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Chapter 3- Offer & Acceptance

An Offer is an expression of willingness to enter into a legally binding contract in the contract manifested by the offeror

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Chapter 4- Consideration

Consideration is a technical term used in the sense of “quid pro quo “i.e. something in return for something.

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Chapter 5- Incapacity to Contract

Contractual Capacity is an ability of a person to make a reasonable calculation of the effects of the terms of a contract in his best interest.

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Chapter 6- Free Consent

When the consent has been given knowingly and voluntarily to the terms of the contract, it is known as free consent.

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Chapter 7: Contract of Agency:

A contract of agency is one that creates a legal relationship between the principal and an agent. The person who has been delegated the authority to act on behalf of another is called ‘ an agent’, and the person who authorizes another to carry out some responsibility is called ‘ a principal’.

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Chapter 8: Contract of Guarantee

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Chapter 9: Indemnity and Guarantee

Indemnify means to compensate or to make good of the loss and a contract of indemnity means a promise or statement of liability to pay compensation for a loss or for a wrong in a transaction.

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Chapter 10: Bailment and Pledge

Bailment is a special kind of contract, caused by the delivery of goods. Similarly, a Pledge is a kind of bailment where the transfer of goods or bailment of goods is made as a security for the payment of a debt, or performance of a promise.

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All the Chapters in One:

You can download the PDF of all the Chapter: CLICK HERE

These notes help you to revise properly. Prepare yourself properly before appearing for the exam.

Please share this content with nearby friends. Help them as well to prepare properly for exams. Look after all the chapters carefully. Don’t depend on the notes only. Business Law Notes of BBS 3rd year is for all the BBS students.

Other Important Links:

1. BBS 3rd year Taxation and Auditing Notes: CLICK HERE

2. BBS third year all subject notes: CLICK HERE

3. BBS third year syllabus: CLICK HERE

4. BBS 3rd year Model Question Paper PDF: CLICK HERE

Frequently Asked Questions:

a. What are the types of law in BBS’s 3rd year?

= Mainly, Contract law is taught in BBS third year.

b. BBS 3rd year Business law PDF download.

c. BBS 3rd year Business law notes in Nepal?

= As of now, we do not have Nepali medium notes of business notes.