Republic of the Philippines

University of Southeastern Philippines

COLLEGE OF GOVERNANCE & BUSINESS
Department of Business Administration
Obrero, Davao City
(082) 227-5111; -fax (082) 225-4726
Course Number
Course Title
Course Credit
Pre-requisite
Semester/S.Y.
Revision Date
Course Description

: ABM 160
: Business Law
: 3 Units
: 4TH Year Level
: 2nd Semester/2015-2016
:November 2015
: This course provide an overview and looks at the laws that affect the Philippine business. Students are expected to learn and apply salient or pertinent laws covered
under obligations & contracts, partnership and corporation, and negotiable instruments.

UNIVERSITY VMGV:

Vision:
Mission:
Goals:

Core Values:

By becoming a premier university in the ASEAN Region, the USEP shall be a center of excellence and development, responsive and adaptive to fast-changing environments. USEP
shall also be known as the leading university in the country that fosters innovation and applies knowledge to create value towards social, economic, and technological development.
USEP shall produce world-class graduates and relevant research and extension through quality education and sustainable resource management.
Instruction. Produce globally competitive and morally upright graduates;
Research, Development and Extension . Develop a strong RDE culture with competent human resource and responsive and relevant researches that are adopted and
utilized for development;
Resource Management. Effective and efficient generation, allocation and utilization of resources.
U nity, S tewardship, E xcellence, P rofessionalism

COURSE OUTCOME
At the end of the semester, students are expected to:

1.
2.

Possess the foundational acumen of basic business laws in the specific areas of:
a. Obligations of an entrepreneur and his business partners as they engaged as parties in legitimate business contracts
b. Partnership form of business enterprise
c. Basic intricacies of a corporate business operation in harmony with the governing Corporation Code
d. Core concepts of negotiable instruments as regulated by the Negotiable Instrument Law

3.
COURSE OUTLINE:

Time Allotment

Topics/Content

Teaching & Learning

Activities

Learning Outcome

Assessment Task

Grading Criteria

ORIENTATION
- VMG & Core Values of the
University
Weeks 1
(1 HR)

Weeks 1 3
(8 hours)

Weeks 4 7
(12 hours)

Week 8

Week 9 10
(6 hours)

- Course Outline
- Requirements
- Class Policies
- Grading System
- Self-Introduction
- Sharing of Expectations on
the course
Obligations

Definition, sources

Nature and Effects ,

Different Kinds of
Obligations

Extinguishment of
obligations
Contracts

Definition and
Elements/Requisites

Interpretation of
Contracts

Rescissible
Contracts, Voidable
contracts,
Unenforceable
Contracts, Void and
Inexistent contracts
PRELIM-EXAMINATION
Partnership

Formation

Obligations

Property Rights of
Partners

Dissolution Winding
Up

Internalize and appreciate vision, mission,

goals, and core values of USEP;
Plan for self-development in completing the
course and its requirements;
Emphasize expectations of the course and
aligning to its components and requirements;
and
Apply other related planning components
and method to other subjects undertaken.

Lecture

Lecture,
Discussion,Collaborative
Learningand Case Study

Short Test
Questions, Class
Participation
andAssignments

Lecture, Discussion,
Collaborative Learning
and Case Study

Short Test
Questions, Class
Participation and
Assignments

Understanding of the core concepts of

common obligations in the conduct of a
business enterprises, rights and remedies
that law provides regulating the enforcement
of obligations as well as their extinguishment

Understanding the important role of

contracts in ensuring the successful
operation of a business enterprise with
emphasis on the legal implications

To assess the learning of the students.

Motivation as to the possibility of forming

partnership as a form of business entity
Understanding the pros and cons of a
business enterprise operating as a
partnership

Interactive discussion

Lecture, Discussion,
Collaborative Learning
and Case Study

Pen and Paper Test

Short Test
Questions, Class
Participation and
Assignments

Score/Total
items x 50 +50;
Rubric;
Group members
evaluation

Score/Total
items x 50 +50;
Rubric;
Group members
evaluation

Week 11 13
(9 hours)

Corporation

Registration

The Board of
Directors as the
policy making body

Corporate Operations

Dissolution

Lecture, Discussion,
Collaborative Learning
and Case Study

Understanding of a more intricate business

operation as practiced in the corporate world

Week 14
Week 14 16
(9 hours)

Promissory Notes

Function, Features,

Negotiation,

Legal Implications

Week 17
(3 hours)

Bills of Exchange

Function, Features,
Negotiation, Legal
Implications

Week 18

FINAL-EXAMINATION

Understanding the dynamics in adopting the

use of promissory notes as a means of
transacting business, with emphasis on its
legal implications
Understanding the dynamics in adopting the
use of bills of exchange as a means of
transacting business, with emphasis on use
of checks in business exchanges and the
legal implications involved
To assess the learning of the students.

Lecture, Discussion,
Collaborative Learning
and Case Study

Discussion

Short Test
Questions, Class
Participation and
Assignments

Pen and Paper Test

Short Test
Questions, Class
Participation and
Assignments

Activity

Score/Total
items x 50 +50;
Rubric;
Group members
evaluation

Score/Total
items x 50 +50;
Rubric;
Group members
evaluation
Personal
Entrepreneurial
Competency Score

Pen and Paper Test

REMEDIAL CLASSES

Remedial class and assessment may be employed, if necessary, to bring/establish better comprehension of the topic by at least majority of the class, (if not all).

COURSE MATERIALS
1. The Law on Obligations and Contracts by Hector S. De Leon
2. The Law on Partnerships and Private corporation by Hector S. De Leon
3. The Law on Negotiable Instruments by Hector S. De Leon
4. The New Civil Code
5. The Corporation Code
COURSE METHODOLOGY
1. Lecture: Presentation segments with embedded interactive experiences such as question and answer sessions.
2. Discussion: Formal or informal interaction on selected topics, usually primed by leading and/or open-ended questions.
a. Class discussion: The faculty member serves as facilitator, prompting and probing to ensure the discussion remains focused and objectives are met.
b. Discussion Panel: Students or experts focus on one issue and varying views or aspects are raised.
3. Collaborative Learning: Students work in small groups to complete a specific task or to work together over time to complete various assignments. The most productive collaborations
involve a fair division of labor and relevant and complex projects that cannot be completed by an individual alone.
4. Case Study: An open ended story or case study provides a vehicle for analysis, criticism, and reaching conclusions.

COURSE EVALUATION
Attendance
Class Participation/Case Study
Quizzes
Examination
TOTAL

10%
20%
30%
40%
100%

CONSULTATION SCHEDULE:
CLASSROOM POLICIES:fa

The students responsibility is to come to each class prepared;

He/She is also expected to take all examinations on the date scheduled;

He/She should read the assigned problems prior to class;

He/She is expected to attend each class and participate actively in the discussions; and

All other disciplinary cases mentioned in the USeP Student Handbook.

Prepared by:

Noted by:

Approved by:

AEB
Faculty-in-charge

REY CASTILLO
Program Head, BS Entrepreneurship

PROF. EDELIZA S. GONZALES

OIC-Dean, CGB