CON102 | Contracts II

The course of Contracts II is a logical and imperative extension of Contracts I which dealt with the general principles of contracts. Contracts II aids in understanding the application of the general principles of contract in specific circumstances which are the footholds for business associations and commercial transactions. Various forms of special contracts are recognized by the law, such as: (i) Partnership, (ii) Sale of Goods, (ii) Agency etc. The law of special contracts plays an important role in commercial transactions, particularly with the advent of the modern enterprises which, by a legal fiction, are considered to have personality and may enter into transactions in their own right., Much of the day to day commercial transactions can facilitated by intermediaries acting within the scope of the authority that has been conferred on them whether expressly or by implication. Special contracts are widely used in the commercial world and they deserve special attention in legal curriculum.

Contract-II comprises of the study of following special contracts: contract of Indemnity and Guarantee, Bailment, Agency and Partnership. The present course also consists of Law relating to Sale of Goods, E-contracts and Government Contracts. For tracing the development of Contract law, new challenges from LLP, JV agreement, Franchisee contracts, sports contracts, university contracts, PPP projects, escrow agreements, standard forms of contracts, Insurance and consumer contracts shall be taken up for discussion.

Course Coverage: Special Contracts such as contracts of Indemnity and Guarantee, Bailment, Agency and Partnership, standard form of contracts, Contracts of Bailment, Pledge and Hypothecation, Contracts of Agency, Sale of Goods, Partnership, Government Contracts, E-contracts and new developments such as JV Agreements, Escrow and Franchisee Agreements, PPP, University and Sports Contracts, Commercial and Consumer contracts.

Students will have a broad understanding of the principles of the law of special contracts and be able to demonstrate their understanding and application of the principles in diverse fact.

Teaching Method: The Course will be taught by delivering Lecture, engaging the students in class room discussions and case law analysis using Socratic Method. Additionally, a response paper will be given after the completion of the 1st module.

The Course is divided into 5 Modules to be taught over a period of 12 weeks.