Legal Aspects of Business crash course, Online MBA, Semester 2:
This subject covers the core business laws in India: the Indian Contract Act, special contracts and sale of goods, the Companies Act 2013, the Negotiable…
- 14 video lessons
- 5h 21m
- Study notes
- 55 quiz questions
- Assignment
14 lessons in Legal Aspects of Business
Each lesson pairs one topic with a hand-picked video, trimmed to the part that teaches it.
About this subject
This subject covers the core business laws in India: the Indian Contract Act, special contracts and sale of goods, the Companies Act 2013, the Negotiable Instruments Act, and key regulatory laws like consumer protection, competition, IT, IPR and GST. After it, you will be able to test whether a contract is valid, identify remedies for breach, explain how a company is formed and governed, and advise on issues like cheque dishonour and consumer rights.
- 1
Essentials of a Valid Contract
Module 1, Indian Contract Act, 1872: Essentials of a valid contract
Valid Contract, Essentials of Valid Contract, The Indian Contract Act 1872, Business law, bba, mba· DWIVEDI GUIDANCE· 16 min
Study notes 5 quiz questionsWatch lesson - 2
Offer, Acceptance and Consideration
Module 1, Indian Contract Act, 1872: Offer and acceptance, Consideration
Offer and Acceptance | Business law Chapter-2 | Indian Contract Act,1872 | CWG for BCOM· CWG for BCom· 16 min
Study notes 5 quiz questionsWatch lesson - 3
Void vs Voidable Contracts
Module 1, Indian Contract Act, 1872: Void and voidable contracts
Void and Voidable Contracts· YG Law· 20 min
Study notes 5 quiz questionsWatch lesson - 4
Breach of Contract and Remedies
Module 1, Indian Contract Act, 1872: Breach and remedies
Remedies for Breach of Contract | CA Foundation | Remedies for Breach of Contract in Hindi· Prof. Evneet's COMMERCE CLASSES· 25 min
Study notes 5 quiz questionsWatch lesson - 5
Indemnity, Guarantee, Bailment and Agency
Module 2, Special Contracts & Sale of Goods: Indemnity, guarantee, bailment, agency
Special Contracts | Indemnity | Guarantee | Bailment | Pledge | Agency· EMINENT LAW CLASSES· 14 min
Study notes 5 quiz questionsWatch lesson - 6
Conditions, Warranties and Caveat Emptor
Module 2, Special Contracts & Sale of Goods: Conditions and warranties, Caveat emptor
Conditions & Warranty | Sale of Goods Act | Simple Explanation | Easy Understanding· Advocate Farheen Ansari· 9 min
Study notes 5 quiz questionsWatch lesson - 7
Types of Companies and Incorporation
Module 3, Companies Act, 2013: Types of companies, Incorporation
Kinds of Companies, type of companies in hindi, Classification of Companies, company law bcom· DWIVEDI GUIDANCE· 31 min
Study notes 5 quiz questionsWatch lesson - 8
MoA vs AoA
Module 3, Companies Act, 2013: MoA and AoA
MOA vs AOA | Difference between Memorandum of Association and Articles of Association | MOA | AOA· Padhaku Log· 19 min
Study notes 5 quiz questionsWatch lesson - 9
Company Directors and Meetings
Module 3, Companies Act, 2013: Directors, Meetings
Directors in Company Law, Appointment of Directors, Directors Appointment, Number of directors· DWIVEDI GUIDANCE· 26 min
Study notes 5 quiz questionsWatch lesson - 10
Promissory Note, Bill of Exchange and Cheque
Module 4, Negotiable Instruments Act: Promissory note, bill of exchange, cheque
Promissory Note, Bill of Exchange & Cheque| Negotiable Instruments Act 1881| CA Inter |CA Executive· Prof. Evneet's COMMERCE CLASSES· 33 min
Study notes 5 quiz questionsWatch lesson - 11
Cheque Bounce under Section 138
Module 4, Negotiable Instruments Act: Dishonour of cheque (Sec 138)
CHEQUE BOUNCE FULL PROCESS |DISHONOUR OF CHEQUE |SEC 138 NEGOTIABLE INSTRUMENTS ACT 1881 INDIA | NIA· LEGAL GYAN· 10 min
Study notes 5 quiz questionsWatch lesson - 12
Consumer Protection Act 2019
Module 5, Regulatory Laws: Consumer Protection Act 2019
Consumer Protection Act 2019 : Definitions, Aim, Consumer Right in consumer protection act, mba bba· DWIVEDI GUIDANCE· 16 min
Study notesWatch lesson - 13
Competition Act 2002 and IT Act 2000
Module 5, Regulatory Laws: Competition Act 2002, IT Act 2000
UGC NET DECEMBER 2026 | COMMERCE | Competition Act 2002 & The IT Act 2000 with PYQs | ARCHANA MA'AM· SISTACHAR ACADEMY· 47 min
Watch lesson - 14
IPR Basics and GST Overview
Module 5, Regulatory Laws: IPR basics, GST overview
UGC NET Commerce Classes 2024 | Intellectual Property Rights (IPRs) & GST | Commerce By Konica Mam· UGC NET Testbook· 39 min
Watch lesson
Assignment
Legal Health Check of a Small Business: A Case-Based Problem Set
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Hand-picked video lessons
14 short lessons, each with the best YouTube explanation we could find, trimmed to the part that matters.
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Study notes
12 lessons come with a summary, key points, key terms and takeaways for quick revision.
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Quizzes
55 questions across the course, with the right answer and why, the moment you pick.
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Assignments
1 subject assignments with clear tasks, so you practise what each subject actually asks of you.
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Notebook
Write notes beside the video, stamped with the exact time, and jump back to that moment later.
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Progress that follows you
Completed lessons, quiz scores and where you stopped, saved to your account on every device.
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Live chat
A members-only live chat beside every lesson: doubts, tips, stickers and GIFs with your batch. One ₹19 pass opens every live chat.
The Online MBA live chat. Study together, live.
A live chat right beside the video, shared by everyone studying Online MBA. Ask a Legal Aspects of Business doubt mid-lesson, share a shortcut, celebrate a finished semester.
- Live chat beside every lesson
- One live chat for all of Online MBA
- Members-only stickers & GIFs
- One ₹19 pass opens every live chat
Online MBA live chat
Anyone else finding Legal Aspects of Business tricky? 😅
Lesson 2 cleared it up for me. Watch it before the quiz

Doing it now, thanks!
Starting Business Analytics tonight if anyone wants to go together
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Legal Aspects of Business: common questions
This subject covers the core business laws in India: the Indian Contract Act, special contracts and sale of goods, the Companies Act 2013, the Negotiable Instruments Act, and key regulatory laws like consumer protection, competition, IT, IPR and GST. After it, you will be able to test whether a contract is valid, identify remedies for breach, explain how a company is formed and governed, and advise on issues like cheque dishonour and consumer rights. It's the Legal Aspects of Business subject of Online MBA, Semester 2, in 14 lessons: Essentials of a Valid Contract; Offer, Acceptance and Consideration; Void vs Voidable Contracts; Breach of Contract and Remedies; Indemnity, Guarantee, Bailment and Agency; Conditions, Warranties and Caveat Emptor; Types of Companies and Incorporation; MoA vs AoA; Company Directors and Meetings; Promissory Note, Bill of Exchange and Cheque; Cheque Bounce under Section 138; Consumer Protection Act 2019; Competition Act 2002 and IT Act 2000; IPR Basics and GST Overview.
Yes. Every video lesson is free to watch without an account. A free login unlocks study notes, quizzes, the assignment, a notebook and progress that syncs across devices.
About 5h 21m of video across 14 lessons, plus time for notes and quizzes. Go at your own pace; your place is saved.
Yes: “Legal Health Check of a Small Business: A Case-Based Problem Set”. It comes after the last lesson, with a brief, clear tasks and how the work is judged.
A members-only live chat beside the video, shared by everyone studying Online MBA, where learners ask doubts, share tips and react with stickers and GIFs. One ₹19 pass, paid once from your InsideEdge wallet, opens the live chat for every degree.
No. It's a crash course to help you understand and revise the subject quickly. Use it alongside your official study material and assignments.