Republic of the Philippines

POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

Office of the Vice President for Academic Affairs
COLLEGE OF ACCOUNTANCY AND FINANCE

COLLEGE OF ACCOUNTANCY AND FINANCE

COURSE TITLE : Business Laws and Regulations

COURSE CODE : Law 20023
CREDIT UNITS : 3 Units
COURSE PREREQUISITE : LAW 20013
COURSE DESCRIPTION : This is a study of Laws governing Agency, Partnerships, and Corporations. The coursewill focus on the basic principles provided by these special laws, and
the application of these principles to thevarious relationships created by these business transactions.

Institutional Learning Outcomes Program Outcomes Course Outcomes

1. Creative and Critical Thinking Students to apply ethical values, global Upon successful completion of Business Law course, the student will be able to Demonstrate an
Graduates to apply critical thinking skills to formulate awareness and technological skills to identify understanding of the Legal Environment of Business, Apply basic legal knowledge to business
viable solutions to business problems by using basic problems and issues making appropriate transactions and Communicate effectively using standard business and legal terminology.
legal and business concepts. decisions related to business problems and be
2. Effective Communication able to apply general Business Law concepts
Graduates to gain effective development, interpretation, in the business world.
and expression of ideas through written and visual
communication
3. Strong Service Orientation
Graduates to exemplify their potentialities of an
efficient, well-rounded and responsible professional
deeply committed to service excellence
3. Community Engagement
Graduates to develop love for doing community, social
and charitable works.
4. Adeptness in the Responsible Use of Technology
Graduates demonstrate optimized use of digital learning
abilities, including technical and numerical skills.
5. Passion to Lifelong Learning
Graduates are enabled to perform and function in the
society by taking responsibility in their quest toknow
more about the world through lifelong learning.
6. High Level of Leadership and Organizational Skills
Graduates are developed to become the best
professionals in their respective disciplines by
manifesting the appropriate skills and leaderships

5th Floor, Dome, PUP A. Mabini Campus, Anonas Street, Sta. Mesa, Manila 1016
Direct Line: 335-1752 | Trunk Line: 335-1787 or 335-1777 local 364, 365 and 263
Website: www.pup.edu.ph | [email protected]
st
THE COUNTRY’S 1 POLYTECHNICU ISO 9001:2015 CERTIFIED
CERTIFICATE NUMBER: AJA18-0190
 qualities.
7. Sense of Personal and Professional Ethics
Graduates to display ethical values and global
awareness related to business problems either in their
personal and professional circumstances.
8. Sense of National and Global Responsiveness
Graduates’ deep sense of nationalism compliments to
the global village where one’s culture and other people
culture are respected.
Course Plan
Week Topic Learning Methodology Resources Assessment
Outcomes
1 I. Introduction to course, overview of Course overview Course syllabus Attendance to
subject, explanation of policies and online
grading system conferences
II. Introduction to Law
2 General Provisions Clearly explain the - Forums and https://kupdf.net/download/law-on-partnership-and-corporation-by-hector-de-
  III. Obligations of the Partners Meaning of online leon_59657ceadc0d6075302be310_pdf Attendance to
 Obligations of the Partners Partnership and its discussion online
Among Themselves obligation among conferences
 Property Rights of a Partners each partner. - Analysis of case
 Obligations of the Partners intended to Short reaction
with Regard to Third Persons bring out the paper
  critical analysis
skills of
students.
3 I. Dissolution and Winding Up Compare and - Follow-up https://www.full-suite.com/blog/difference-between-a-partnership-and-a- Participation in
II. Limited Partnership contrast activity to the corporation-in-the-philippines/ online discussion
 Private Corporations: The Partnership with previous lesson
Corporation Code of the Corporation https://www.lawphil.net/judjuris/juri1919/dec1919/gr_l-15429_1919.html Short position
Philippines - Simulation paper
 General Provisions:
Definition and Classifications - Case studies
4 III. Private Corporations: The Identify and - Lecture and http://www.sec.gov.ph/wp-content/uploads/2019/03/2019Legislation_RA-11232- Participation in
Corporation Code of the understand the discussion REVISED-CORPORATION-CODE-2019.pdf online discussion
Philippines Corporation code
IV. General Provisions: Definition of the Philippines - Simulation http://sc.judiciary.gov.ph/decisions/ Short position
and Classifications paper
5-6 V. Incorporation and Discuss - Web http://creativecommons.org/licenses/by/4.0/ Participation in
Organization of Private Incorporation and conferencing online discussion
Corporations Organization of https://www.dlapiperintelligence.com/goingglobal/corporate/index.html?

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 VI. Board of Private t=15-director-officer-requirements&c=PH Short position
Directors/Trustees/Officers Corporations paper
VII. Powers of Corporation http://www.sec.gov.ph/wp-content/uploads/2019/03/2019Legislation_RA-
VIII. By-Laws  Identify the 11232-REVISED-CORPORATION-CODE-2019.pdf
number of
Incorporators,
Directors, Trustees
and Officers.
7-8 IX. Meetings Understand the - Online https://www.chanrobles.com/legal5title6.htm Recitation
X. Stocks and Stockholders importance of Discussion
XI. Corporate Books and Records shareholder’s - Research Short position
meetings and paper
keeping of
corporate books
and records in a
Corporation
9 MID-TERM EXAMINATION
10-13 XII. Merger and Consolidation Compare and - Review of https://abolawfirm.com/mergers-and-consolidations-as-governed-by-the- Attendance to
XIII. Appraisal Right contrast Merger answers in the revised-corporation-code-of-the-philippines/ online
XIV. Non-Stock Corporation and Consolidation midterm conferences
examination
- Online Short position
Discussion paper
14-15 XV. Close Corporations Prepare and - Group report https://www.chanrobles.com/legal5title12.htm Short position
XVI. Special Corporation present reports on - Simulation paper
XVII. Educational Corporation special corporation http://www.sec.gov.ph/wp-content/uploads/2015/11/Opinion-No.-14-23.pdf

16-17 XVIII. Religious Corporations Prepare and - Group report Quiz

XIX. Dissolution present reports on - Simulation https://www.chanrobles.com/legal5title13.htm
XX. Foreign Corporation special corporation Group output
XXI. Miscellaneous Provision project
18 FINAL EXAMINATION Passing grade in
the examination
Reading and References
The Law on Partnerships and Private Corporations by Hector De Leon
The Corporation code of the Philippines- SEC
ACT # 1459 - LawPhil
Supreme Court Decisions
Article 176 (Partnership) Civil Code of the Philippines

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Course Grading System
1. Individual coursework (Quizzes, Recitations, Activities) – 25%
2. Goup coursework ( Projects and Reports) - 15%
3. Midterm Exam - 30%
4. Attendance to online conferences - 10%
5. Final Eam, output & project - 20%
100 %

Classroom Policy
PLAGIALISM will not be tolerated
Late submition of requirements will be a clear deduction to grades
Emails sent to the Instructor must always indicate complete name of student using own email
Remove distractions and unnecessary noise during online classes
Muting of audio upon entry to the online classes and wait for your turn to speak.
Wear proper attire during online discussions

Consultation Time
12:00nn to 1:00pm Friday only

Prepared By: Reviewed By:

Atty. Pearlito B. Campanilla DEAN. LILIAN M. LITONJUA, COLLEGE DEAN

Noted By:
ASSO. PROF. LILIAN M. LITONJUA, COLLEGE DEAN

Approved By:
EMANUEL C. DE GUZMAN, PhD, VICE PRESIDENT

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