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    Syllabus - Business Laws and Regulations

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    Marco Rvs
    This document provides a course guide for a Business Laws and Regulations class at St. Anne College Lucena, Inc. The grading system weights exams more heavily than other assessments. The course outline covers 9 modules on topics including the Philippine legal system, corporation law, partnership law, bouncing checks law, corporate rehabilitation, insolvency law, sales law, pledge law, and real estate mortgage law. The corporation law module is the longest, spanning 3 weeks and covering incorporation, boards of directors, powers and duties, meetings, stocks, mergers and more.

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    © All Rights Reserved
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    Syllabus - Business Laws and Regulations

    Uploaded by

    Marco Rvs
    115 views7 pages
    This document provides a course guide for a Business Laws and Regulations class at St. Anne College Lucena, Inc. The grading system weights exams more heavily than other assessments. The course outline covers 9 modules on topics including the Philippine legal system, corporation law, partnership law, bouncing checks law, corporate rehabilitation, insolvency law, sales law, pledge law, and real estate mortgage law. The corporation law module is the longest, spanning 3 weeks and covering incorporation, boards of directors, powers and duties, meetings, stocks, mergers and more.

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    Syllabus_ Business Laws and Regulations (1)

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    This document provides a course guide for a Business Laws and Regulations class at St. Anne College Lucena, Inc. The grading system weights exams more heavily than other assessments. The course outline covers 9 modules on topics including the Philippine legal system, corporation law, partnership law, bouncing checks law, corporate rehabilitation, insolvency law, sales law, pledge law, and real estate mortgage law. The corporation law module is the longest, spanning 3 weeks and covering incorporation, boards of directors, powers and duties, meetings, stocks, mergers and more.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    115 views7 pages

    Syllabus - Business Laws and Regulations

    Uploaded by

    Marco Rvs
    This document provides a course guide for a Business Laws and Regulations class at St. Anne College Lucena, Inc. The grading system weights exams more heavily than other assessments. The course outline covers 9 modules on topics including the Philippine legal system, corporation law, partnership law, bouncing checks law, corporate rehabilitation, insolvency law, sales law, pledge law, and real estate mortgage law. The corporation law module is the longest, spanning 3 weeks and covering incorporation, boards of directors, powers and duties, meetings, stocks, mergers and more.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 7

    COURSE GUIDE FOR STUDENTS

    BUSINESS LAWS AND REGULATIONS


    ST. ANNE COLLEGE LUCENA, INC.

    Grading System

    10 % Class
    20% Quizzes/Seatwork/Recitation
    30% Midterm Examination
    40% Final Examination

    COURSE OUTLINE

    Module 1 - The Philippine Legal System and their Impact on Business

    I. General principles and sources of law


    II. Philippine Legal System

    Module 2 – Corporation Law ( Revised Corporation Code) - WEEK 1 to 3

    I. General Provisions, Definitions and Classifications


    A.Corporation as defined
    B. Corporation as an artificial Being
    C. Corporation being an operation of Law
    D. Creature Possessing Powers
    E. Piercing the Veil of Corporate Fiction
    F. Corporation vs. partnership vs. Sole Proprietorship
    G. Classes of Corporations
    H. Nationality of Corporations
    I. Classification of Shares

    II. Incorporation and Organization of Private Corporation


    A. Number and Qualification of Incorporators
    B. Corporate term
    C. Minimum Capital Stock of Stock Corporation
    D. Contents of the Articles of Incorporation
    E. Forms of Articles of Incorporation
    F. Amendment of Articles of Incorporation
    G. Grounds for disapproval of Articles of Incorpoation
    H. Corporate Name
    I. Registration, Incorporation and Commencement of Corporate Existence
    J. Effect of Non-Use of Corporate Charter

    III. Board of Directors/Trustees and Officers


    A. Qualification and Term of Board of Directors or Trustees
    B. Independent Directors
    C. Election of Directors or Trustees
    D. Cumulative Voting of Stockholders
    E. Corporate Officers
    F. Compliance Officer
    G. Doctrine of Apparent Authority
    H. Disqualification of Directors, Trustees and Officers
    I. Removal of Directors and Trustees
    J. Vacancies in the office of Director or Trustee
    K. Executive Committee
    L. Liability of Directors
    M. Dealings of Directors, Trustees and Officers

    IV. Powers of the Corporation


    A. General Powers
    B. Specific Powers
    C. Ultra-vires Acts

    V. Bylaws
    A. Adoption of By-Laws
    B. Contents
    C. Amendments of By-Laws
    D. By-Laws vs. Articles of Incorporation

    VI. Meetings
    A. Kinds of Meetings and Requirements
    B. Manner of Voting for Stockholders and Members
    C. Place of Meeting
    D. Quorum in Meetings
    E. Voting in Case of Joint Ownership
    F. Voting Right for treasury Shares
    G. Voting Trust

    VII. Stocks and Stockholders


    A. Subscription Contract
    B. Pre-incorporation subscription
    C. Consideration for stocks
    D. Certificate of Stocks and Transfer of Stocks
    E. Indivisibility of Subscription
    F. Liability of Directors for Watered Stocks
    G. Payment on Unpaid Subscription
    H. Delinquency Sale
    I. Effect of Delinquency

    VIII. Corporate Books and Records


    A. Right to be kept
    B. Right to inspection
    C. Refusal on the Part of the Corporation on the request for inspection
    D. Right to financial statements

    IX. Merger and Consolidation


    A. Concept
    B. Effects of Merger and Consolidation

    X. Foreign Corporations
    A. Definition and Rights of Foreign Corporation
    B. What is doing business?
    C. Application of License
    D. Issuance of License
    E. Doing Business without License
    F. Revocation of License

    XI. Derivative Suit


    A. Basis and Requisites for filing

    XII. Securities Regulations Code Rule 68


    Module 3 – Partnership Law - WEEK 4 to 5

    I. Nature, elements and kinds


    II. Formalities required
    III. Rules of management
    IV. Distribution of profits and losses
    Sharing of losses and liabilities
    VI. Modes and retirement requirements
    VII. Limited partnership

    Module 4 – Bouncing Checks Law - WEEK 6

    I. Checks without insufficient funds


    II. Evidence of Knowledge of insufficient funds
    III. Credit Construed

    Module 5 – Corporate Rehabilitation - WEEK 6-7

    I. General Proceedings
    II. Definition and Types
    III. Rehabilitation Receiver and Management Committee
    IV. Stay Order
    V. Cram Down Doctrine
    VI. Recognition of Foreign Proceedings
    VII. Rehabilitation Plan
    VIII. Termination of Proceedings

    Module 6 – Insolvency Law - WEEK 7-8


    I. Suspension of payments
    II. Voluntary insolvency
    III. Involuntary insolvency
    IV. Assignees
    V. Classification and preference of creditors
    VI. Partnerships and corporations
    VII. Proofs of debts
    VIII. Compositions
    IX. Discharge
    X. Fraudulent preferences and transfers
    IX. Penal provisions

    Module 7 – Law on Sales – WEEK 9-10

    I. Nature, forms and requisites


    II. Distinguish earnest money from option money
    III.Rights and obligations of vendor and vendee
    IV.Warranties in relation to consumer laws
    V. Installment sales, rights and remedies of parties

    Module 8 – Law on Pledge – WEEK 11

    I. Nature and requisites


    II. Requirements to bind the parties and third persons
    III. Obligations and rights of pledger and pledgee

    Module 9 – Law on Real Estate Mortgage – WEEK 12


    I. Obligations and rights of mortgagor and mortgagee effect of partum commissorium
    II. Modes of extinguishment

    Prepared By:

    Atty. Marco Antonio B. Rivas, CPA

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