Baqar Subhan Business Law Law 201 Business Law

Baqar Subhan Business Law (Law 201)

Business Law (Law 201) Introduction to Law Sources of Law Different Types of Laws Constitution History of Constitution of Pakistan Commonwealth Introduction to Business Law Types of Business

Business Law of Contract Law of Partnership Sale of Goods Principal & Agent Arbitration Negotiable Instruments Company Law Role of IPO

Text Books and Essential Readings • Text Book “Business law” by M. C. Shukla • Bare Act Companies ordinance 1984, Contract Act 1872, Partnership Act 1932, Arbitration Act 1940 • Reference book Khawaja Amjad Saeed: Mercantile and Industrial Law in Pakistan, I. R. Hashmi: Mercantile Law. Relevant Acts and Ordinances. • Reference website www. secp. gov. pk, http: //ipo. gov. pk/Default. aspx

Assessment Plan Quizzes, Assignments etc. Week 3 Week 4 Week 8 Week 9 Week 11 Week 12 Week 13 Week 14 Week 15 - Assignment Quiz Presentation Assignment Quiz

Introduction to Law Almost everything we do is governed by some set of rules. There are rules for games, for social clubs, for sports and for adults in the workplace. There also rules imposed by morality and custom that play an important role in telling us what we should and should not do. However, some rules -- those made by the state or the courts -- are called "laws".

Introduction……. Laws resemble morality because they are designed to control or alter our behavior. But unlike rules of morality, laws are enforced by the courts; if you break a law -- whether you like that law or not -- you may be forced to pay a fine, pay damages, or go to prison.

Sources of Law Constitution Legislative Enactment – Statue Customs Judicial Decisions Treaties Other Sources writings of legal scholars edicts from a king/ ruler; Sharia law

Different Types of Laws Public law, Criminal law, Tort Law, Trusts law, Civil law, Family law, Corporate law, Employment law, Admiralty law, Aviation law, Bankruptcy law and Consumer law etc.

Constitution A Constitution is the Skeleton of Laws for Country It is a set of fundamental principles or established precedents according to which a state or other organization is governed

History of Constitution of Pakistan The Government of India Act, 1935 The Constitution of 1956 The Constitution of 1962 The Constitution of 1973

Commonwealth The Commonwealth of Nations, commonly known as the Commonwealth (formerly the British Commonwealth)

Introduction to Business Law Business law encompasses all of the laws that dictate how to form and run a business. This includes all of the laws that govern how to start, buy, manage and close or sell any type of business. Business laws establish the rules that all businesses should follow.

Introduction …. . A sensible businessperson will be generally familiar with business laws and know when to seek the advice of an Attorney. Business law includes Provisional and Federal laws, as well as administrative regulations.

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