We have great pleasure in presenting the Thirty-First Revised Edition of ‘Business Law’ as per Guru Gobind Singh Indraprastha University, Delhi, syllabus for BBA and B.Com. (Hons.) students. The new edition, like its predecessors, attempts to present the basic principles of Law in a way that makes the subject easily intelligible even to a non-specialist. This object has been achieved by dividing into IV units:

Unit I – The Indian Contract Act consists of 157 Illustrative Cases, 213 Test Questions, 326 Practical Problems (with Hints and Solutions), 174 Multiple-choice Questions, 194 True & False Questions and 644 Examples with the idea of testing the depth of knowledge of the reader, basic understanding of concepts and his ability to apply whatever he has learnt to a particular situation or problem.

Unit II – The Sale of Goods Act, 1930.

Unit III – The Companies Act, 2013 as Amended upto 2019 consists of 62 Practical Problems and 104 Test Questions with the idea of testing the depth of knowledge of the reader, basic understanding of concepts and the ability to apply whatever he has been learnt to a particular situation or problem.

Unit IV – The Negotiable Instruments Act, 1881.

The Book explodes the myth that law is a difficult and dry subject. Even a lay or general reader who wishes to know the broad principles of Business Law will find the book interesting and lively. Care has been taken to see that the reader at the primary stage of his study does not find himself lost in the quagmire of legal jargon and in the niceties of legal concepts and interpretations.

New Typography of the book makes the book strain-free and reader friendly.