Preview CMA INTER PAPER 6 LAW & ETHICS PART 1

Indian Contract Act 1872 Must for all Finance Professionals

1 Introduction

1 General Principles of Contract

2 Legal Definiton of Contract

2 Essential elements of a Contract

1 Essential elements of contract Introduction

2 Essential elements of valid contract detailed explanation

3 Different Types of Contracts

1 Different types of contracts

2 Contracts on the basis of validity

3 Contracts on the basis of Formation

4 Contracts on the basis of Performance

5 Formal Contracts

6 What is Proposal Offer

7 Clssification of Offers

8 General Rules of Offer

4 Acceptance

1 Rules Regarding Acceptance

2 Communication of Offer and Acceptance

3 Revocation of Offer and Acceptance

5 Consideration

1 What is Consideration

2 Legal requirements related to Consideration

3 Case #1 Consideration received from third party - Contract valid or not valid

4 Case #2 - Consideration from third party - Contract valid or not valid

5 Exception to the rule - No Consideration No Contract

6 Privity of Contract

Exceptions to Privity of Contract

Legality of Object on a Contract

4623

What is Public Policy?

4624

What are Electronic Contracts?

4625

Capacity to enter into Contract

4626

Effect of an Agreement with Minor

4637

Unsound Mind Person

4638

Other disqualified persons

4639

What is Free Consent?

4661

What is Coercion?

4662

Impact when contract is obtained by Coercion

4663

What is Undue Influence?

4664

Examples for Undue Influence

4680

How to rebut the presumption of undue influence?

4685

What will happen to the contract obtained by Undue Influence?

4686

Difference between Coercion & Undue Influence

4687

What is Fraud?

4688PROCESSED

What will happen to contract obtained by Fraud?

4689PROCESSED

What is Misrepresentation?

4690PROCESSED

What will happen to a contract obtained by Misrepresentation?

4691PROCESSED

Voidability of agreements without free consent

4703

Difference between Fraud and Misrepresentation

4704

Mistake (Mistake of Law)

4705

Mistake (Mistake of Fact - Bilateral)

4706

Mistake (Mistake of Fact - Unilateral)

4707

What are Quasi Contracts?

4721

Five kinds of Quasi Contractual Obligations

4722

Quantum Meruit

4723

What are Contingent Contracts?

4724

Rules related to Contingent Contracts

4725

Difference between Contract of Indemnity & Guarantee

A571-

Liability of Surety

A572-NEW

Types of Guarantee

A573-

Revocation of Continuing Guarantee

A574-

Rights of Surety against Creditor

A575-

Rights of Surety against Debtor

A576-

Rights of Surety against Co-sureties

A577-

Discharge of Surety by Revocation

A578-

Discharge of Surety by Conduct of Creditor

A579-

What is Wagering Agreement?

A542-

Difference between Wagering Agreement & Contingent Agreement

A543-

Discharge of Contracts

A544-

Discharge by Performance

A545-

Discharge by Agreement / Consent

A546-

Discharge by Lapse of Time

A547-

Discharge by Opertion of Law

A548-

Discharge by Impossibility of Performance

A549-

Cases where Contract not discharged on ground of supervening impossibility

A550-

Discharge by Breach of Contract

a551

Contract of Indemnity

4759

Rights of Indemnity Holder

4760

When Contract of Indemnity is Enforceable?

4761

What is Contract of Guarantee?

4762

Essential features of contract of guarantee

4763

What is Bailment?

4780-

Essential Ingredients of Bailment

4781-

Classification of Bailment

4782-

Duties of Bailor

4783-

Duties of Bailee - Part 1

4784-

Duties of Bailee - Part 2

4785-

Rights of Bailor

4786-

Rights of Bailee

4787-

Finder of Goods and his rights

4788-

When Contract of Bailment can be termintated?

4789-

What is Pledge?

4815-

Difference between Pledge and Bailment

4816-

Rights of Pawnee

4817-

Rights of Pawnee

4818-

Pledge by Non Owners

4819-

Lien

4820-

Negotiable Instruments Act

Introduction to Negotiable Instrument Act

Meaning of Negotiable Instruments

What is Promisory Note

What is bill of Exchange?

What is cheque?

Drawer & Drawee

Acceptor, Acceptor for Honour & payee

Holder & Holder in due course

Payment in Due course

Inland Instrument & foreign Instrument

Endorsement and its types

Inchoate Stamped Instruments

At Sight and After Sight

Maturity of Negotiable Instrument

Treatment of Grace days while calculating maturity of bill or note payable after date or sight

Treatment when Day of Maturity is a holiday

Crossing of Cheque

Protection available for Paying Banker

Bank refusal to Honour Cheque

Effect of Non Presentment of Cheque within reasonable time

Liability of Drawee on Dishonour of Cheque

Dishounour of Cheque - Nature and conditions for liability u/s 138

Dishonour of Cheque - Offence by Companies

Dishonour of Cheque - Validation for transfer of pending cases

Material alterations of Negotiable Instrument

Acceptance of Bill

Dishonour by Non Acceptance

Drawer in Case of Need

Acceptance for Honour

Payment for Honour

Sale of Goods Act

Introduction to Sale of Goods Act 1930

Meaning of Important terms defined under Sale of Goods Act 1930

Meaning of Contract of Sale of Goods and its features

Difference between Sale and Agreement to Sell

Definition of Goods

5081-

Other Definitions

5082-

Contract of Sale, Agreement to Sell and Sale

5083-

Difference between Contract of Sale and Agreement to Sell

5084-

Difference between Sale and Hire Purchase - Part 1

5085-

Difference between Sale and Hire Purchase - Part 2

5086-

Essentials of Contract of Sale of Goods

5087-

Making of Contract of Sale

5088-

Effect of Destruction of Goods

5089-

Ascertainment of Price

5090-

Agreement to sell at valuation and stipulations to time

5091-

Transfer of Ownership

5104-

When the property passes from seller to buyer?

5105-

Ascertaining time of transfer of property when intention of parties cannot be ascertained

5106-

Reservation of Right of Disposal

5107-

Effect of Destruction of Goods

5108-

Transfer of Title by Non Owners of Goods or Sale by Non Owners

5109-

What is Performance of Contract under Sale of Goods Act?

5112-

Delivery OF GOODS

5113-

Rules of Delivery (Part 1)

5114-

Rules of Delivery (Part 2)

5115-

Rules of Delivery (Part 3)

5116-

Acceptance of Delivery

5117-

Buyers Liability for rejecting goods

5118-

Rights of the Buyer

5119-

Duties of the Buyer

5120-

Preview - CMA INTER PAPER 6 LAW & ETHICS PART 1