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 covers basic principles of law in relation to contracts and obligations. It involves discussion of the nature, sources, kinds and extinguishment of obligations. It
also covers legal provisions on 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 have acquired an understanding of the core concepts governing obligations and contracts with focus on the legal
implications of negotiable instruments.
COURSE OUTLINE:
Time Allotment
Weeks 1
(1 HR)

Topics/Content

Learning Outcome

ORIENTATION

- VMG & Core Values of the

University

- Course Outline

Appreciation of the vision, mission, goals,

and core values of USEP;
Plan for self-development in completing the
course and its requirements;
Expectation setting of the course and
aligning to its components and requirements

Teaching & Learning

Activities

Assessment Task
Interactive discussion

Grading Criteria

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

Weeks 1 3
(8 hours)

Obligations

Nature

Sources

Kinds

Case Study/Case
Digests

Weeks 4 7
(12 hours)

Extinguishment of
Obligations

Week 8
Week 9 10
(6 hours)

Week 14

Week 14 16
(9 hours)

Week 17
(3 hours)

Contracts

General Provisions

Form, Reformation,
and Interpretation of
Contracts
Rescissible, Voidable,
Unforceable, and
Void Contracts

MIDTERM EXAM
Negotiable Instruments

Form and
interpretation

Consideration

Negotiation

Rights of the Holder

Liability of Parties

Presentment for
Payment

Notice of Dishonor

Discharge of
Negotiable

Understanding of core concepts of

obligations as governed by the civil law
Appreciation of the pertinent laws
application in a Philippine business
environment

Acumen of remedies applicable to business

enterprise in extinguishing obligations
encountered in operating an industry or
commerce
Assessment of students learning.

Understanding of the essential requisites of

contracts

PRELIM-EXAMINATION

Week 11 13
(9 hours)

in accordance with CHED regulation; and

Lecture,
Discussion,Collaborative
Learningand Case Study

Lecture, Discussion,
Collaborative Learning
and Case Study

Lecture, Discussion,
Collaborative Learning
and Case Stud

Lecture, Discussion,
Collaborative Learning
and Case Study

Understanding of the common legal

implications of contracts, their violations and
remedies provided for by pertinent provisions
of the law
Exposure to common business contracts

Understanding the core concepts in dealing

with negotiable instruments, their form and
interpretation, the requirement of
consideration, how they are negotiated and
the rights of a holder in due course

Adequate acumen of the liabilities of parties

arising from the negotiation of instruments,
the requirement of notice of dishonor to
enforce a claim against an instrument as
well the circumstances allowing the
discharge of liability relating to the use of

Lecture, Discussion,
Collaborative Learning
and Case Study

Lecture, Discussion,
Collaborative Learning
and Case Study

Short Test
Questions, Class
Participation
andAssignments

Short Test
Questions, Class
Participation and
Assignments
Pen and Paper Test

Short Test
Questions, Class
Participation and
Assignments

Short Test
Questions, Class
Participation and
Assignments

Pen and Paper Test

Short Test
Questions, Class
Participation and
Assignments

Short Test
Questions, Class
Participation and
Assignments

See course
evaluation below

See course
evaluation below

See course
evaluation below

See course
evaluation below

See course
evaluation below

See course
evaluation below

Week 18

Instrument
FINAL-EXAMINATION

negotiable instruments
Assessment of students learning.

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 New Civil Code, Book IV
3. The Philippine Negotiable Instruments Law (and Allied Law) by Hector S. De Leon
4. The Law on Negotiable Instruments by Carlos Suarez
5. Obligations and Contracts for Business Students Fidelito Soriano
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: Students prepare case digests of supreme court cases on obligations and contracts including the common issues on negotiable instruments to appreciate the application of
the pertinent laws. The cases shall be discussed in the class after presentation by assigned groups for a thorough understanding of the cases.

COURSE EVALUATION
Attendance
Class Participation/Case Study
Quizzes
Examination
TOTAL

10%
30%
20%
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 participate in the preparation and presentation of case studies/ case digests;

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:
AEB
Faculty-in-charge

Noted by:
REY CASTILLO
Program Head,
BS Entrepreneurship

ANGELO JADRAQUE
Program Head,
BS Business Administration

Approved by:
PROF. EDELIZA S. GONZALES
OIC-Dean, CGB