Business & Labor Laws Equivalency Program University of Makati Course Description This course aims to provide an overview

of laws related to business in the Philippines, particularly those governing transactions necessary for the conduct of an enterprise and its enforcement, as well as the employment and labor laws. Course !b"ective To provide an overview of law and the Philippine legal system. Course !utline an# $imeframe %eek & ' (ntro#uction ) !bligations I. II. III. Introduction to Law General Provision, Nature and Effects of bligations !ifferent "inds of bligations a. Pure # $onditional bligations b. bligations with a Period c. %lternative bligations d. &oin # 'olitary bligations e. bligations with a Penal $lause Payment a. General Provisions Payment b. %pplications of Payment c. Payment by $ession d. Tender of Payment # $onsignation Loss of Thing !ue $ondonation or )emission of !ebt $onfusion or *erger of )ights $ompensation Novation

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%eek * ' Contracts I. II. III. I(. (. (I. General Provisions Essential )e,uisites - $onsent b.ect $ause /orms a. )eformation of Instruments !efective $ontracts a. )ecessible $ontracts b. (oidable $ontracts c. 0nenforceable $ontracts d. (oid $ontracts

%eek + , -ales I. II. III. I(. Nature and /orm of $ontract $apacity to buy or sell Effects of loss of things sold bligations of the (endor a. !elivery of thing sold b. $onditions # 1arranties bligations of the (endee %ctions for 2reach of $ontract E3tinguishment of 'ale a. $onventional )edemption b. Legal )edemption %ssignment of $redits

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%eek . ' /egotiable (nstruments Law I. II. III. !efinition # )e,uisites of Negotiability /unctions # !istinct /eatures of Negotiable Instruments "inds of Negotiable Instruments a. 2ill of E3change b. Promissory Note c. 2ill of E3change as Promissory Note Persons # Parties Involved a. !istinctions

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/orgery $omplete # Incomplete Instruments Insertion of 1rong !ate *aterial %lteration /raud /ailure of, %bsence of, or Illicit $onsideration *inority or Incapacity Prescription

Transfer # Negotiation 4olders )eal # Personal !efenses 'econdary # Primary Liability Enforce Liability 2ills5In5'et, !ischarge, # $hec6s

%eek 0 ' Business !rgani1ation & Corporations I. Types of 2usiness rgani7ations a. Individual # 'ole Proprietorship b. Partnerships c. &oint %ccounts d. 2usiness Trust e. &oint (enture f. $ooperatives $orporations - General $oncept8 !efinition8 %ttributes $orporate Personality # Piercing the veil of $orporate E3istence Incorporation a. %rticles of Incorporation b. 2y5Laws 2oard of !irectors # Trustees # fficers # *eetings Powers of a $orporation $apital 'tructure )ights # bligations of 'toc6holders *erger /oreign $orporations Non5'toc6 9 'pecial $orporations !issolution # 1inding 0p

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%eek 2 , Partners3ips I. II. III. I(. (. General $oncepts - !efinitions Types, )e,uisites and /ormation bligations of the Partners !issolution # 1inding 0p Limited Partnership

%eek 4 ' Labor -tan#ar# I. II. III. General Principles Employer - Employee )elationship Pre5Employment a. Principles # !efinition b. )ecruitment # Placement c. Employment of %liens d. 4uman )esource # *anpower !evelopment 1or6ing $onditions 1ages 1or6ing $onditions for 'pecial Group of Employees a. 1omen b. *inors c. 4ousehelpers d. 4omewor6ers e. 4andicapped 9 !isabled %dministration # Employment *edical, !ental # ccupational 'afety Employee:s $ompensation

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%eek 5 ' Labor 6elations I. )ight to 'elf5 rgani7ation a. $oncept # 'cope b. Labor rgani7ation c. 'pecial Group of Employees d. 0nion 'ecurity %greements e. *embership # )ights 0nfair Labor Practice )ight to $ollective 2argaining 'tri6es, Loc6outs # $oncerted %ctions

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Post Employment a. )egular, $asual, Probationary Employment b. 'ecurity of Tenure c. &ust $auses, %uthori7ed $auses, $onstructive !ismissal d. !ue Process e. )eliefs for Illegal !ismissal f. )etirement !ispute 'ettlement a. !ifferent %gencies Penal Provisions # Liabilities

Prepare# By 73ma# $aib U8 Musa Instructor I 9 /acilitator 0niversity of *a6ati