GENERAL OBJECTIVES
This module is a continuation of Business Law 1 module. It is mainly based on the
principle of contract. By the time you finish reading this module, you will be able to
understand how the principle of contract, and agreement, legality is applied to business
transactions and organisations like partnerships, sales of goods, Agency and hire
purchase.
The module covers four lectures. The first lecture introduces you to the concept of
partnership form of organizations by defining partnership, partner and firm. It also
discusses its formation, relationship between partners, partnership and third party. Lastly
it discusses how partnership and firm are dissolved. Lecture two discusses sales of
goods, throwing light to various sections of sales of goods Act. Lecture three discusses
the Agency by explaining agency relationship i.e. the relationship between an agent and
principal, their rights and liabilities to the third party. Lecture four discusses hire purchase relationships.
At the end of the module you will find Illustrations mentioned in the module. You are encouraged to look at other relevant Illustrations as those included in the module are not the only ones. Also consult any book on Business Law to further your reading on the subject.
Topics to Be covered
- LECTURE ONE: PARTNERSHIPS
- LECTURE TWO: SALES OF GOODS
- LECTURE THREE: AGENCY
- LECTURE FOUR: HIRE-PURCHASE AGREEMENTS
To Access Full Notes on BBA 302 Business Law 2 Click Here
