{"id":3707,"date":"2026-03-16T12:17:21","date_gmt":"2026-03-16T12:17:21","guid":{"rendered":"https:\/\/commerce.vibrantonlineacademy.com\/?page_id=3707"},"modified":"2026-03-17T04:07:16","modified_gmt":"2026-03-17T04:07:16","slug":"business-law-and-company-law","status":"publish","type":"page","link":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law\/","title":{"rendered":"UNIT 4 :BUSINESS LAW AND COMPANY LAW"},"content":{"rendered":"<h3><strong data-start=\"174\" data-end=\"233\">Business Law \u2013 Indian Contract Act, 1872<\/strong><\/h3>\n<h5 data-start=\"238\" data-end=\"285\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-introduction-to-indian-contract-act-1872\/\"><strong data-start=\"238\" data-end=\"283\">Introduction to Indian Contract Act, 1872<\/strong><\/a><\/h5>\n<h5 data-start=\"289\" data-end=\"333\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-essential-elements-of-a-valid-contract\/\"><strong data-start=\"289\" data-end=\"331\">Essential Elements of a Valid Contract<\/strong><\/a><\/h5>\n<h5 data-start=\"337\" data-end=\"378\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-offer-definition-types-and-rules\/\"><strong data-start=\"337\" data-end=\"376\">Offer: Definition, Types, and Rules<\/strong><\/a><\/h5>\n<h5 data-start=\"382\" data-end=\"429\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-acceptance-legal-rules-and-communication\/\"><strong data-start=\"382\" data-end=\"427\">Acceptance: Legal Rules and Communication<\/strong><\/a><\/h5>\n<h5 data-start=\"433\" data-end=\"489\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-consideration-meaning-essentials-and-exceptions\/\"><strong data-start=\"433\" data-end=\"487\">Consideration: Meaning, Essentials, and Exceptions<\/strong><\/a><\/h5>\n<h5 data-start=\"493\" data-end=\"563\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-capacity-to-contract-minors-unsound-mind-disqualified-persons\/\"><strong data-start=\"493\" data-end=\"561\">Capacity to Contract: Minors, Unsound Mind, Disqualified Persons<\/strong><\/a><\/h5>\n<h5 data-start=\"567\" data-end=\"647\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-free-consent-coercion-undue-influence-fraud-misrepresentation-mistake\/\"><strong data-start=\"567\" data-end=\"645\">Free Consent: Coercion, Undue Influence, Fraud, Misrepresentation, Mistake<\/strong><\/a><\/h5>\n<h5 data-start=\"651\" data-end=\"693\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-legality-of-object-and-consideration\/\"><strong data-start=\"651\" data-end=\"691\">Legality of Object and Consideration<\/strong><\/a><\/h5>\n<h5 data-start=\"697\" data-end=\"727\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-agreements-declared-void\/\"><strong data-start=\"697\" data-end=\"725\">Agreements Declared Void<\/strong><\/a><\/h5>\n<h5 data-start=\"732\" data-end=\"780\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-contingent-contracts-meaning-and-features\/\"><strong data-start=\"732\" data-end=\"778\">Contingent Contracts: Meaning and Features<\/strong><\/a><\/h5>\n<h5 data-start=\"785\" data-end=\"832\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-performance-of-contracts-types-and-rules\/\"><strong data-start=\"785\" data-end=\"830\">Performance of Contracts: Types and Rules<\/strong><\/a><\/h5>\n<h5 data-start=\"837\" data-end=\"877\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-quasi-contracts-meaning-and-types\/\"><strong data-start=\"837\" data-end=\"875\">Quasi Contracts: Meaning and Types<\/strong><\/a><\/h5>\n<h5 data-start=\"882\" data-end=\"918\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-modes-of-discharge-of-contract\/\"><strong data-start=\"882\" data-end=\"916\">Modes of Discharge of Contract<\/strong><\/a><\/h5>\n<h5 data-start=\"923\" data-end=\"960\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-remedies-for-breach-of-contract\/\"><strong data-start=\"923\" data-end=\"958\">Remedies for Breach of Contract<\/strong><\/a><\/h5>\n<h5 data-start=\"965\" data-end=\"1004\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-contracts-involving-third-parties\/\"><strong data-start=\"965\" data-end=\"1002\">Contracts Involving Third Parties<\/strong><\/a><\/h5>\n<h5 data-start=\"1009\" data-end=\"1044\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-time-and-place-of-performance\/\"><strong data-start=\"1009\" data-end=\"1042\">Time and Place of Performance<\/strong><\/a><\/h5>\n<h5 data-start=\"1049\" data-end=\"1106\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-doctrine-of-frustration-supervening-impossibility\/\"><strong data-start=\"1049\" data-end=\"1104\">Doctrine of Frustration (Supervening Impossibility)<\/strong><\/a><\/h5>\n<h5 data-start=\"1111\" data-end=\"1142\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-appropriation-of-payments\/\"><strong data-start=\"1111\" data-end=\"1140\">Appropriation of Payments<\/strong><\/a><\/h5>\n<h5 data-start=\"1147\" data-end=\"1207\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-contracts-which-need-to-be-in-writing-and-registration\/\"><strong data-start=\"1147\" data-end=\"1205\">Contracts Which Need to be in Writing and Registration<\/strong><\/a><\/h5>\n<h5 data-start=\"1212\" data-end=\"1255\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-standard-form-contracts-and-e-contracts\/\"><strong data-start=\"1212\" data-end=\"1255\">Standard Form Contracts and E-Contracts<\/strong><\/a><\/h5>\n<h3><strong data-start=\"1269\" data-end=\"1314\">The Sale of Goods Act, 1930\u00a0<\/strong><\/h3>\n<h5 data-start=\"1320\" data-end=\"1351\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-sale-vs-agreement-to-sell\/\"><strong data-start=\"1320\" data-end=\"1349\">Sale vs Agreement to Sell<\/strong><\/a><\/h5>\n<h5 data-start=\"1356\" data-end=\"1410\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-conditions-and-warranties-types-and-differences\/\"><strong data-start=\"1356\" data-end=\"1408\">Conditions and Warranties: Types and Differences<\/strong><\/a><\/h5>\n<h5 data-start=\"1415\" data-end=\"1450\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-transfer-of-property-in-goods\/\"><strong data-start=\"1415\" data-end=\"1448\">Transfer of Property in Goods<\/strong><\/a><\/h5>\n<h5 data-start=\"1455\" data-end=\"1492\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-performance-of-contract-of-sale\/\"><strong data-start=\"1455\" data-end=\"1490\">Performance of Contract of Sale<\/strong><\/a><\/h5>\n<h5 data-start=\"1497\" data-end=\"1540\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-rights-and-duties-of-buyer-and-seller\/\"><strong data-start=\"1497\" data-end=\"1538\">Rights and Duties of Buyer and Seller<\/strong><\/a><\/h5>\n<h5 data-start=\"1545\" data-end=\"1596\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-unpaid-seller-rights-against-goods-and-buyer\/\"><strong data-start=\"1545\" data-end=\"1594\">Unpaid Seller: Rights Against Goods and Buyer<\/strong><\/a><\/h5>\n<h5 data-start=\"1601\" data-end=\"1644\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-auction-sales-rules-and-legal-position\/\"><strong data-start=\"1601\" data-end=\"1644\">Auction Sales: Rules and Legal Position<\/strong><\/a><\/h5>\n<h3><strong data-start=\"1658\" data-end=\"1710\">Company Law \u2013 Companies Act, 2013\u00a0<\/strong><\/h3>\n<h5 data-start=\"1716\" data-end=\"1757\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-introduction-to-companies-act-2013\/\"><strong data-start=\"1716\" data-end=\"1755\">Introduction to Companies Act, 2013<\/strong><\/a><\/h5>\n<h5 data-start=\"1762\" data-end=\"1796\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-characteristics-of-a-company\/\"><strong data-start=\"1762\" data-end=\"1794\">Characteristics of a Company<\/strong><\/a><\/h5>\n<h5 data-start=\"1801\" data-end=\"1845\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-lifting-or-piercing-the-corporate-veil\/\"><strong data-start=\"1801\" data-end=\"1843\">Lifting or Piercing the Corporate Veil<\/strong><\/a><\/h5>\n<h5 data-start=\"1850\" data-end=\"1903\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-classification-of-companies-types-and-features\/\"><strong data-start=\"1850\" data-end=\"1901\">Classification of Companies: Types and Features<\/strong><\/a><\/h5>\n<h5 data-start=\"1908\" data-end=\"1946\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-formation-of-a-company-overview\/\"><strong data-start=\"1908\" data-end=\"1944\">Formation of a Company: Overview<\/strong><\/a><\/h5>\n<h5 data-start=\"1951\" data-end=\"1993\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-role-and-legal-position-of-promoters\/\"><strong data-start=\"1951\" data-end=\"1991\">Role and Legal Position of Promoters<\/strong><\/a><\/h5>\n<h5 data-start=\"1998\" data-end=\"2044\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-prospectus-types-and-legal-requirements\/\"><strong data-start=\"1998\" data-end=\"2042\">Prospectus: Types and Legal Requirements<\/strong><\/a><\/h5>\n<h5 data-start=\"2049\" data-end=\"2110\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-memorandum-of-association-moa-clauses-and-importance\/\"><strong data-start=\"2049\" data-end=\"2108\">Memorandum of Association (MOA): Clauses and Importance<\/strong><\/a><\/h5>\n<h5 data-start=\"2115\" data-end=\"2178\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-articles-of-association-aoa-contents-and-legal-binding\/\"><strong data-start=\"2115\" data-end=\"2176\">Articles of Association (AOA): Contents and Legal Binding<\/strong><\/a><\/h5>\n<h5 data-start=\"2183\" data-end=\"2236\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-incorporation-of-a-company-steps-and-documents\/\"><strong data-start=\"2183\" data-end=\"2234\">Incorporation of a Company: Steps and Documents<\/strong><\/a><\/h5>\n<h5 data-start=\"2241\" data-end=\"2285\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-commencement-of-business-requirements\/\"><strong data-start=\"2241\" data-end=\"2283\">Commencement of Business: Requirements<\/strong><\/a><\/h5>\n<h5 data-start=\"2290\" data-end=\"2331\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-share-capital-types-and-alteration\/\"><strong data-start=\"2290\" data-end=\"2329\">Share Capital: Types and Alteration<\/strong><\/a><\/h5>\n<h5 data-start=\"2336\" data-end=\"2380\"><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/business-law-and-company-law-debentures-meaning-types-and-features\/\"><strong data-start=\"2336\" data-end=\"2380\">Debentures: Meaning, Types, and Features<\/strong><\/a><\/h5>\n<p><a href=\"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/unit-4-business-law-and-company-law-full-test-1\/\"><strong>FULL TEST &#8211; 1<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Law \u2013 Indian Contract Act, 1872 Introduction to Indian Contract Act, 1872 Essential Elements of a Valid Contract Offer: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3707","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/pages\/3707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/comments?post=3707"}],"version-history":[{"count":5,"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/pages\/3707\/revisions"}],"predecessor-version":[{"id":4090,"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/pages\/3707\/revisions\/4090"}],"wp:attachment":[{"href":"https:\/\/commerce.vibrantonlineacademy.com\/index.php\/wp-json\/wp\/v2\/media?parent=3707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}