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BSL201 Units

Practice

LEGAL ASPECTS OF BUSINESS

BSL201 5 Credits L:4 T:1 P:0

This course aims to equip students with the fundamental principles and legal frameworks governing Indian Contract Act, Sale of Goods Act, Consumer Protection Act, and Companies Act, enabling them to interpret, apply, and assess legal provisions in various business scenarios.

Study Units

Unit 1

Indian Contract Act, 1872

Notes MCQ Subjective
Unit 2

Performance and discharge of contract

Notes MCQ Subjective
Unit 3

Special contracts

Notes MCQ Subjective
Unit 4

Sale of Goods Act, 1930

Notes MCQ Subjective
Unit 5

Companies Act, 2013

Notes MCQ Subjective
Unit 6

Raising of Capital

Notes MCQ Subjective

Continuous Assessment

2 components

Stage Peformance 50%

Students will participate in an Escape Room Challenge involving a real-world legal dispute based on the Indian Contract Act, 1872. Each group will be assigned one scenario related to indemnity, guarantee, or agency. The case must clearly state parties, contractual relationship, dispute, and relief sought.

Week 3-5

Rubric
Assessment Criteria (30 Marks): Understanding of Legal Concepts - 10 Marks, Role Execution - 8 Marks, Team Collaboration & Coordination – 5 Marks, Creativity & Realism – 4 Marks, Engagement & Confidence - 3 Marks. Deliverables: Group Case File (5-7 pages): Facts, issues, applicable law, arguments (both sides), and conclusion. Rules: Each member must actively participate. Plagiarism or non-performance of role will result in deduction of marks. Evaluation will include both individual and group performance.

Test- Situation based problem solving 50%

The test will cover the Sale of Goods Act, Consumer Protection Act and Companies Act. Students will be given 6 case-based situations of 5 marks each. It will include situation-based and technical questions derived from past papers of professional accounting bodies such as ICAI (Institute of Chartered Accountants of India) and ICMA (Institute of Cost and Management Accountants).

Week 9-11

Rubric
These questions are designed to align with professional standards and meet industry requirements.

Exams & Practice

Mid Term Examination

Mid-semester comprehensive evaluation

20%
Coming Soon

End Term Examination

Final semester comprehensive evaluation

50%

Type: Examination

Coming Soon

BSL201 - FAQs

How many units are in BSL201?

BSL201 has 6 units. Each unit includes detailed notes and MCQ practice questions.

What exam resources are available for BSL201?

Unit-wise notes and MCQ practice are available. Exam resources coming soon.

How to prepare for BSL201 exams?

Study each unit's notes thoroughly, practice MCQs to test understanding, and attempt mock tests before exams. Focus on important topics and previous year questions.