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Business Laws And Business Communication (FBLC) CMA Foundation

Syllabus

SECTION A: FUNDAMENTALS OF BUSINESS LAWS [80%]
1. Introduction - 10%
  • Sources of Law 
  • Legislative Process in India 
  • Legal Methods and Court System in India 
  • Primary and Subordinate Legislation 
2. Indian Contracts Act, 1872 - 30%
  • Essential Elements of a Contract, Offer and Acceptance
  • Void and Voidable Agreements, No Consideration No Contract
  • Consideration, Legality of Object and Consideration
  • Capacity of Parties, Free Consent
  • Contingent Contracts
  • Performance of Contracts
  • Meaning of Indemnity, Guarantee, Pledge, Agent
  • E-Contracts and E-Signature – Meanings and Requirements
  • Discharge of Contracts
  • Breach of Contract and Remedies for Breach of Contract
3. Sale of Goods Act, 1930 - 20%
  • Definition
  • Transfer of Ownership
  • Essential Conditions of a Contract of Sale
  • Conditions and Warranties
  • Performance of the Contract of Sale
  • Rights of Unpaid Seller
4. Negotiable Instruments Act, 1881 - 20%
  • Characteristics of Negotiable Instruments
  • Definitions of Promissory Note, Bill of Exchange and Cheque
  • Difference between Promissory Note, Bill of Exchange and Cheque
  • Crossing – Meaning, Definition and Types of Crossing
  • Dishonour of Cheques (Section 138)

 SECTION B: BUSINESS COMMUNICATION [20%]
5. Business Communication - 20%
  • Introduction to Business Communication
  • Features of Effective Business Communication
  • Process of Communication
  • Types of Business Communication
    • Formal and Informal Communication
    •  Written, Verbal and Non-verbal Communication
    • Vertical, Horizontal and Diagonal Communication
    • Upward and Downward Communication
  •  Internet-based Business Communication
  • Do’s and Don’ts of Communication through Social Media
  • Writing and Drafting for Business Audiences
    •  Letter and Memorandum
    • Report – Formal and Informal
    • Business Proposal
    •  Enhancement of Writing Skills
  •  Intercultural and International Business Communication
  •  Barriers to Business Communication
  •  Legal Aspects of Business Communication