Section outline



  • Guideline for the course:

    1. All the students registered for this course have to enroll in Moodle and can find all the course materials here.
    2. Any announcement regarding the class will be posted on the course "Announcement" and you have to be active and check it regularly.
    3. One discussion or feedback forum is created under each of the lectures Students have to give their feedback on this forum and marks will be given for their feedback
    4. All the students have to submit a copy of their assignment, special tasks or reports under specific section created here and for this they will be graded here.
    5. All the quizzes and presentation will be held on the face to face class and maybe a few of the class will be held online (Moodle) and it will be announced before the class. 
    Exception: During Spring-2021 semester, all the classes will be conducted online using "Google Meet". Recorded audio and video class lectures will be uploaded here along with the class lecture materials like Slides, Docs or PDFs.
    6. The question pattern and the syllabus for the quizzes, midterm and final exam is given hereunder each of the section (quizzes, midterm, and final)
    7. There are midterm and final exam preparation forum under these sections where students can discuss with each other about their midterm and final exam syllabus, any problem regarding the exam etc.
    8. There will be attached materials, videos, or website links with every lecture. You are requested to check out those before every class for better understanding.
    9. At the end of the course, there is a feedback section where every student must write their opinion.

    Course Description:

    Everything that relates to our society is governed by laws and business is no exception. Business law refers to the laws that apply to business entities, such as partnerships and corporations. In another sense, business law or commercial law is simply a body of law that governs every aspect with regards to conducting business. This covers but not limited to the commerce of the sea, transportation of goods, guarantees, marine life, and natural disasters pertaining to the economic status and business relations, life of the people concerned, employment, intellectual property, insurances, and conformities of partnerships.

    Course Objectives:

    The main objectives are:

    • To know the basic knowledge and the development of Business Law in Bangladesh;
    • To attain knowledge regarding the application of Business Laws to solve business-related disputes,
    • To correlate a relationship between the Law of Contract and other Business laws;

    Course Contents:

    1. Business Concepts: Basic elements of Business, Business Organization; Forms of Business ownership, Formalities, and Distinguishing features of each form of ownership, Development of Joint-Stock Companies in Bangladesh, State Enterprises, Business Combination, Co-operative Societies in Bangladesh, Institutions for Promotion of Business, Trade Practices in Bangladesh. Introduction to the functional and support areas of business: Marketing, production, finance, human resource, accounting,   Issues in the environment: Govt., society, ethics, and globalization.

    2. Law of Sale of Goods: Sale and agreement to sell, Formalities of the Contract of Sale, Subject-matter of Contract, The Price, Conditions, and Warranties, Transfer of Property between seller and buyer, Transfer of Title, Delivery of Goods, Right and Lien of unpaid seller against the goods, Stoppage in Transit, Remedial Measures.

    3. Law of Negotiable Instruments: Definition, Characteristics and Types of Negotiable Instruments, Promissory Notes, Bills and Cheques, Special Provisions Relating to Cheques, Parties to Negotiable Instruments, Presentation of Negotiable Instruments, Dishonour and Discharge of Negotiable Instruments

    4. Law of Carriage: Contract of carriage, Classification of carriers, Common Carriers, Carriage of Goods by Land, Carriage of Goods by Sea, Carriage of Goods by Air

    5. Partnersip: Nature and Definition of partnership, History of partnership Law in Indian Sub-continent, the distinction between the partnership firm, Relations between the Partners, Registration of a Firm, Dissolution of a firm, Don sequences of Dissolution of a Firm.

    6. Law of Insurance

    Nature and Principles of Insurance, Fundamental Principles, Premium Policy, Re-insurance, Double insurance, Marine Insurance, Fire Insurance, Life Insurance

    7. Law of Insolvency

    Principles and Objects of the Insolvency Law, Procedure of Insolvency, Property and Debts of Insolvent, Discharge of Insolvent

    8. Money Launderings Act

    Scope, the object of the Act, duties, and responsibilities of commercial banks under the Money Laundering Act.