Managing business related laws is one of the most challenging areas in business world. Present book is written and compiled with relevant facts and theory with case laws for the students of B.com (II semester) enrolled with university of Lucknow. This is equally useful for every learner and stakeholders who are interested in understanding the conceptual backgrounds of Business laws. The content is extracted and rephrased with proper citations from reputed sources. Software tools and online applications have been utilised to compile the updated contents in the area of business laws. The purpose of our book is purely academic and spreading the knowledge in the field of commerce and management. Book is useful for every UG students/PG students interested in Business laws.