Colegio de San Juan de Letran

Intramuros, Manila
College of Business Administration and Accountancy
Accountancy Area
First Semester, School Year 2007-2008
I. Course Code : LAW 1
II. Course Title : OBLIGATION AND CONTRACTS
III. Course Credit : units
IV. Course escri!tion : This course deals "ith the #asic !rinci!les o$ la" in relation to contracts and o#li%ations. It in&ol&es discussion o$
the nature, sources, 'inds and e(tin%uishments o$ contracts and other miscellaneous to!ics rele&ant to the course.
To!ics include %eneral le%al conce!ts o$ en$orcea#le ri%hts o$ o#li%ation: t)!es o$ la"s and national le%al s)stems:
nature, !ur!ose, sco!e and 'e) !rinci!les o$ national le%islation* sources o$ o#li%ations* 'inds o$ o#li%ations under
the Ci&il Code* s!eci$ic circumstances a$$ectin% o#li%ations in %eneral +$ortuitous e&ents, $rauds, ne%li%ence, dela)
and #reach o$ contract,* duties o$ o#li%or to do or not to do* e(tin%uishment o$ o#li%ation* %eneral !rinci!les o$ the
la" o$ contracts, elements and sta%es o$ contracts* $reedom $rom contract and limitation* o#-ect o$ contracts*
consideration o$ contracts* $ormalities* inter!retations and re$ormation o$ contracts and de$ecti&e contracts.
V. Course .ationale : .eal li$e situation e(!ose e&er) indi&idual to di$$erent a%reements entered into "ith other !arties. It is essential
there$ore to 'no" the #asic !rinci!les o$ la" related to contracts and o#li%ations.
VII. Course /#-ecti&es :
0. 1eneral /#-ecti&e : 0t the end o$ the course, the students are e(!ected to 'no" the im!lications o$ o#li%ations and contracts to their
da)- to-da) li&in%.
2. S!eci$ic /#-ecti&es : More s!eci$icall), the students are su#-ected to:
3. Co%niti&e : escri#e the nature and conce!t o$ o#li%ations and contracts
.elate !ro#lems concernin% o#li%ations and contracts and the a!!lica#le la"s.
2. 0$$ecti&e : 0c'no"led%e the im!ortance o$ &alues, attitudes and moti&ation in dealin% "ith o#li%ations and contracts.
4. 5s)chomotor : Carr) out sim!le cases re%ardin% o#li%ations and contracts.
VII. Course /utline
S!ecific
O"#ecti$es
Su"#ect %atter &alues
Integrated
Teac'ing
%et'od
Instructional
%aterials
($aluation Time
)rame
(*!ected
Out!ut
State the
a!!lica#ilit) o$
the conce!ts
o$ o#li%ations.
iscuss the
sources o$
o#li%ations.
escri#e the
di$$erent
modes o$
e(tin%uishin%
an o#li%ation.
3. Conce!ts o$ 6a" and
#usiness la"
2. /#li%ations
a. Conce!t
#. Sources
c. 7ature and e$$ects
d. Classes
e. Modes o$
e(tin%uishments
0"areness
0!!reciation
6ectures
Case 0nal)sis
2oard "or'
6a" 2oo's
7e"s 0rticles
Su!reme Court
.ecords
0nnotated
+SC.0,
5hil. .e!orts
8ui9
.ecitation
Seat"or'
3
st
: 7
th
"ee'
6earnin% and
understandin%
the conce!ts o$
o#li%ations,
sources o$
o#li%ations, and
the di$$erent
modes o$
e(tin%uishin% an
o#li%ation.
CO%%+NIT,
S(R&IC(
INT(GRATIO
N
;(!lain the
actions "hich
are
considered as
#reach o$
contracts.
Inte%rit)
<onest)
6a" 2oo's
7e"s 0rticles
SC.0
5hil. .e!orts
Com!ilation o$
Cases
identi$)in% the
actions "hich
are considered
as #reach o$
contracts
/utline the <onest) 6ectures 6a" 2oo's 8ui9 7
th
- 8
th
=no"in% the
characteristics
o$ contracts.
Identi$) the
elements and
$orms o$
contracts.
Case 0nal)sis
2oard "or'
7e"s 0rticles
Su!reme Court
.ecords
0nnotated
+SC.0,
5hil. .e!orts
.ecitation
Seat"or'
Ma-or ;(am
"ee' characteristics o$
contracts.
6earnin% the
elements and
$orms o$
contracts.
%IDT(R% (-A%INATION
>
th
"ee'
istin%uish
the di$$erences
o$ de$ecti&e
contracts.
4. 7ature and Conce!ts
o$ Contracts
a. Characteristics
#. ;lements
c. Forms
d. .e$ormation
e. Inter!retation
?. e$ecti&e Contracts
a. .esisti#le
#. Voida#le
c. @nen$orcea#le
d. Void
.elia#ilit) and
Inte%rit)
6ectures
Case 0nal)sis
2oard "or'
6a" 2oo's
7e"s 0rticles
Su!reme Court
.ecords
0nnotated
+SC.0,
5hil. .e!orts
8ui9
.ecitation
Seat"or'
Ma-or ;(am
30
th
-3A
th

"ee'.
identi$)in%
the di$$erences
o$ de$ecti&e
contracts
Community
Ser$ice
Integration
5ro&ide the
students an
in-de!th
iscussion on #reach o$
contracts
0!!reciation
Inte%rit)
0"areness
<onest)
Com!liance
actual cases
!resent "ithin
the communit)
6a" 2oo's
7e"s 0rticles
Su!reme Court
.ecords
0nnotated
+SC.0,
5hil. .e!orts
Com!ilation o$
sol&ed cases
37
th
"ee' 5ro&idin% the
students an in-
de!th
'no"led%e that
an) #reach o$
contract "ill
!roduce le%al
'no"led%e
that an)
#reach o$
contract "ill
!roduce le%al
!ro#lem
!ro#lem.
)INAL (-A%INATION 38
th
"ee'
VIII. 1radin% S)stem :
Midterm 1rade: 5re-$inal 1rade:
Class Standin% - 40B Class Standin% - 40B
8ui99es - 40B 8ui99es - 40B
Mid-term ;(ams - ?0B Mid-term ;(ams - ?0B
300B 300B
)inal Grade . /%id0term Grade 1 2re0)inal Grade3 4 5
IC. .e$erences:
Main .e$erences: e 6eon, <ector, 6a" on /#li%ations and Contracts, 200? edition
Suare9, Carlos, 6a" on /#li%ation and Contract, 2000 edition
/ther .e$erences: Dournal o$ 0ccountin%
Dournal 0ccountin% .esearch