QUEZON COLLEGES OF THE NORTH

Ballesteros, Cagayan

COLLEGE OF BUSINESS ADMINISTRATION

Course Information and Syllabus in

PARTNERSHIP AND CORPORATION

School Vision: The Quezon Colleges of the North as a provider for a well-balanced and dynamic program to nurture and
develop the students’ potential to become responsible, responsive and productive members of the community.

College Vision: The QUEZON COLLEGES OF THE NORTH, is committed to attain the holistic development of the total person, man
conscious of his eternal destiny, aware of the dynamic changes, challenged by the needs of daily living, cognizant of
regional and national development goals and ready to meet the demands of life in the pursuit of his objectives in
whatever socio-economic level he belongs.

College Mission: The QUEZON COLLEGES OF THE NORTH, seeks to prepare the students to:

 Lead a life based on the universally accepted Christian Values and Philosophical Principles.
 Be skilled and competent in their chosen careers.
 To be able to accept and live up to life’s challenges and become productive members of their community and the
society as a whole.
 Be advocates of desirable Filipino values and Cultural tradition guided by the principles of freedom and justice.
 Be diligent in his involvement in the promotion of peace, unity and brotherhood among the people of the world.

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I. Descriptive Title: The Law on Partnership and Corporation
Course Code: LAW 2
Credit Units: 3 units
Pre-requisite: Law 1

II. Course Description:

The course deals with dynamics of Partnerships as a medium of doing business in the Philippines. It aims to equip
students with the knowledge on the nature of partnerships as an artificial being and its’ complex relationship with
different stakeholders such as the Public, the stockholders, the state and the other entities having an interest in it.
It will also deal on the introduction to the basic provisions of the Corporation Code, and general concepts in intellectual
property law, the protection they guarantee, and the actions and remedies involved therein.

III. Course Objective:

In general, the students is expected to understand the fundamental concepts and principles affecting the creation,
continuity, management, control, rights and liabilities affecting a partnership. The student is expected to have a good
understanding of the legal personality of corporations, how they are formed, and their basic difference from single
proprietorships, and partnerships. The student must also be able to differentiate copyright, trademarks and trade names,
and patents, how they are acquired, and enforced.

IV. Course References:

Books: The Law on Partnerships and Private Corporation by Hector S. De Leon and Hector M. De Leon, Jr.
(Manila: Rex Bookstore, 2010, 2004)
The New Civil Code
The Corporation Code

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 V. Course Outline:

INTENDED LEARNING WEEKS/N OUTCOME-BASED CONTENT TEACHING RESOURCE

OUTCOMES (ILO) O. OF ASSESSMENT(OBA) AND LEARNING MATERIALS
HOURS ACTIVITIES (TLAs)
At the end of the module WK 1-8 Graded Recitation The Law on Partnership Lecture DLP, Laptop
the students are expected Case study 1. Contract of Discussion
to: Partnership Collaborative
1. Understand and Selected provisions 1.1. General Concepts Learning
explain the of the Philippine 1.2. Test to determine
definition, nature and Civil Code on existence of
significance of Partnerships partnership
corporate form and 1.3. Forms of
other juridical partnership
persons. contract
2. Describe the rights 1.4. Classification of
and obligations of Partnership
partners in a 2. Rights and Obligations
partnership. of Partnership
3. Identify the 3. Relations created by
appropriate legal partnership,
article in a given obligations of the
cases and give partners among
solutions to problem- themselves
situations by applying 4. Property rights of
the appropriate legal partner
principles. 5. Obligations of
4. Have a working partnership/Partners

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5. knowledge of the law 6. to Third Persons
of partnerships and 7. Dissolution
apply such know-how 8. Limited Partnership
in the conduct of
business.
6. Exhibit the values of
integrity, propriety
and social
responsibility
whenever a
partnership is used as
a format for business
operations
7. Make a sound
investment decision
in accordance with
the law on
partnerships.

PRELIM EXAMINATION

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At the end of the module: WK 9-10 Graded Recitation The Law on Corporations Lecture DLP, Laptop
Case study 1. Definitions and Discussion
The student is expected to Classifications Collaborative
have a good understanding Selected sections of 1.1. Corporation Learning
of the legal personality of the Intellectual defined
corporations, how they are Property Code, with 1.2. Classes of
formed, and their basic focus on basic Corporations
difference from single provisions governing 1.3. Corporators and
proprietorships, and copyright, Incorporators,
partnerships. The student trademarks Stockholders &
must also be able to and trade names, Members
differentiate copyright, and patents. 1.4. Classification of
trademarks and trade Shares
names, and patents, how
they are acquired, and
enforced.

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WK 11-12 2. Incorporation and
Organization of
Private Corporations
2.1 Number and
Qualifications of
Corporations
2.2 Corporate Term
2.3 Minimum
Capital Stock
Required of Stock
Corporations
2.4 Amount of
Capital Stock to be
Subscribed & Paid
for Incorporation
2.5 Contents of Articles of
Incorporation
2.6 Amendment of
Articles of
Incorporation
2.7 Commencement of
Corporate Existence
2.8 De Facto
Corporations
2.9 Corporation by
Estoppel

WK 13-14 3. Board of Directors /

Trustees / Officers

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WK 14-15 4. Powers of
Corporations
5. By-Laws
MIDTERM EXAMINATION
WK 16-17 Graded Recitation 6. Stocks and Lecture DLP, Laptop
Case study Stockholders Discussion
7. Corporate Books and Collaborative
Selected sections of Records Learning
the Intellectual 8. Merger and
Property Code, with Consolidation
focus on basic 9. Appraisal Right
provisions governing 10. Non-stock
copyright, Corporations
trademarks 11. Close Corporations
and trade names, 12. Special Corporations
and patents. 13. Religious Corporations

FINAL EXAMINATION

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VI. 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 worked in small groups to complete a specific task or work together over time to
complete various assignments.
4. Case Study: An open ended story or case study provides a vehicle for analysis, criticism, and reaching conclusions.

VII. Course Assessment:

EXPECTATIONS FROM STUDENT:

The student’s responsibility is to come to each class prepared. S/he is also expected to take all examinations on the date
scheduled. S/he should read the assigned problems prior to class. She is expected to attend each class and participate
actively in the discussions.

ACADEMIC DISHONESTY

All students are expected to be academically honest. Cheating, lying and other forms of unethical behavior will not be
tolerated. Any student found guilty of cheating in examinations or plagiarism in submitted course requirements will
receive an F or FAILED in the course requirement or in the course. Cheating refers to securing help in a test; copying tests,
assignments, reports or term papers; collaborating with other students during an examination or in preparing academic
work; signing another student’s name on an attendance sheet; or otherwise practicing scholastic dishonesty.

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POLICY on ABSENCES

The allowed number of absences for students enrolled in a 1 ½ hour class 6 sessions - Request for excused absences or
waiver of absences must be presented upon reporting back to class. Special examinations will be allowed only in special
cases, such as prolonged illness. It is the responsibility of the student to monitor her/his own tardy incidents and
absences that might accumulate leading to a grade of “FA.” It is also her responsibility to consult with the teacher, chair
or dean should her/his case be of special nature.

GRADING SYSTEM:

F - Failed
NE - Never Entered
W - Withdrawn from Course
FA - Failure due to Absences
INC - Incomplete (must be completed within 2 months or grade becomes an F)
NFE - No Final Exam

COURSE REQUIREMENTS:

DESCRIPTION PRELIMS (%) MIDTERM (%) FINALS (%)

QUIZZES 30 30 30
CASE STUDY 20 20 20
RECITATION 10 10 10
MAJOR EXAMINATION 50 50 50
TOTAL 100 100 100

PREPARED BY: CHECKED/APPROVED BY:

MARIA FIDELIS R. SALONGA FR. RODEL G. ARELLANO

Instructor College Dean

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