SUBJECT DESCRIPTION:

SUBJECT CODE:

Week

SPCBA Vision & Mission (inclusion of Core Values)

Department Vision and Mission

Course Syllabus / Grading System / Netiquette

1. FORM AND INTERPRETATION

1.1. Characteristics of Negotiable Instruments ("NI")

1.2. Functions of NI
1 to 2
1.3. Incidents in the Life of NI
1.4. Requisites of NI
1.5. Common Forms
1.6. Construction/Interpretation of the NI
2. CONSIDERATION
2.1. Concept

2.2. Presumptions 3

2.3. Effect of Want or Absence, Total Failure or Partial Failure

2.4. Who is an Accomodation Party?

3. NEGOTIATION
3.1. Modes of Transfer of NI

3.2. Distinction of Negotiation and Assignment

4 to 5
3.3. Indorsement

3.4 Kinds of Indorsement

3.5. Striking-out of Indorsements

PRELIMINARY EXAMINATION 6

4. RIGHTS OF THE HOLDER

4.1. Concept and Rights

4.2. Who is a Holder in Due Course ("HIDC")? 7

4.3. Rights of a HIDC

4.4. Rights of a Holder NOT in Due Course

5. LIABILITIES OF PARTIES

5.1. The Parties Primarily Liable

5.2. The Parties Secondarily Liable 8

5.3. When a Person Deemed an Indorser?

6. PRESENTATION FOR PAYMENT

 6.1. Concept

6.2. Necessity of Presentment for Payment 9

6.3. What Constitute Sufficient Presentment?

7. NOTICE OF DISHONOR

7.1. Concept of Notice of Dishonor

7.2. Purpose
10 to 11
7.3. Grounds for the giving of Notice of Dishonor
7.4. Necessity of Giving Notice of Dishonor
7.5. Effect of Failure To Give Notice
7.6. Requisites of Notice of Dishonor
MIDTERM EXAMINATION 12
8. DISCHARGE OF NEGOTIABLE INSTRUMENTS
8.1. How a NI is discharged?

8.2. How Parties Secondarily Liable are Discharged? 13

8.3. Effects of Payment by Party Secondarily Liable

8.4. Material Alteration of an Instrument

9. ACCEPTANCE
9.1. Concept

9.2. Kinds 14

9.3. Time Allowed Drawee To Give Acceptance

9.4. When Bill May be Accepted

10. PRESENTMENT FOR ACCEPTANCE
10.1. Concept
 10.2. When Presentment For Acceptance is Required? 15

10.3. Requisites For Presentment For Acceptance

10.4. Where Presentment For Acceptance Excused?

11. PROTEST
11.1. Concept

11.2. When Protest Required? 16

11.3. Requisites of Protest

11.4. When Protest Optional?

12. ACCEPTANCE FOR HONOR

12.1. Concept
12.2. Requisites
12.3. How Acceptance for Honor Made?
13. PAYMENT FOR HONOR
17
13.1. Concept
13.2. Requisites
13.3. Procedure
13.4. Effect When Bill is Paid For Honor
FINAL EXAMINATION 18
LAW ON NEGOTIABLE INSTRUMENTS
LAW3

Teaching and Learning Activities Resources Assessment Activities

Upload google slides presentation which

discusses the SPCBA's Vision, Mission,
Core Values and Philosophy.
Prelim - Week 1 to 2:
Clarifications and/or reflections are
Lecture 1 - SPCBA None
entertained during online class sessions: Orientation
google meet for real time and virtual
actual interaction, and google classroom
for comment interactions.

Upload google slides presentation which

discusses the Department of
Prelim - Week 1 to
Accountancy's Vision, Mission, and Goals.
2: Lecture 2 -
Clarifications and/or reflections are
Department of None
entertained during online class sessions:
Accountancy
google meet for real time and virtual
Orientation
actual interaction, and google classroom
for comment interactions.

Prelim - Week 1 to 2:
The grading system as well as the cut- Lecture 2 - Department None
off grade policy for the BSA program are of Accountancy
already included the google slides Orientation
presentation under the topic: Department
Vision and Mission. The course syllabus,
in Google Docs, and the Netiquette, Regulatory
contained in the student guidebook in PDF Framework and Legal
format, are uploaded separately. Issues in Business -
Clarifications and/or reflections are LAW003: Syllabus - None
entertained during online class sessions: Regulatory Framework
google meet for real time and actual and Legal Issues in
interaction, and google classroom for Business
comment interactions.
None

Upload pdf file discussing the form and

interpretation under the law on
Prelim - Week 1 to
negotiable instruments. Clarifications
2: Lecture 3 -
and/or reflections are entertained during Prelim - Week 1 to 2: Assessment
Negotiable
online class sessions: google meet for real 1 - Form and Interpretation
Instruments - Form
time and virtual actual interaction, and
and Interpretation
google classroom for comment
interactions.
Upload pdf file discussing the
consideration under the law on
Prelim - Week 3:
negotiable instruments. Clarifications
Lecture 1 -
and/or reflections are entertained during Prelim - Week 3: Assessment 1 -
Negotiable
online class sessions: google meet for real Consideration
Instruments -
time and virtual actual interaction, and
Consideration
google classroom for comment
interactions.

Upload pdf file discussing the negotiation

under the law on negotiable
Prelim - Week 4 to
instruments. Clarifications and/or
5: Lecture 1 -
reflections are entertained during online
Negotiable
class sessions: google meet for real time
Instruments -
and virtual actual interaction, and
Negotiation
google classroom for comment
interactions.

Prelim - Week 6: Preliminary

Examination

Upload pdf file discussing the rights of

the holder under the law on negotiable
Midterm - Week 7:
instruments. Clarifications and/or
Lecture 1 - Midterm - Week 8: Assessment 1 -
reflections are entertained during online
Negotiable Rights of the Holder and Liabilities
class sessions: google meet for real time
Instruments - Rights of Parties
and virtual actual interaction, and
of the Holder
google classroom for comment
interactions.

Upload pdf file discussing the liabilities of

parties under the law on negotiable
Midterm - Week 8:
instruments. Clarifications and/or
Lecture 1 - Midterm - Week 8: Assessment 1 -
reflections are entertained during online
Negotiable Rights of the Holder and Liabilities
class sessions: google meet for real time
Instruments - of Parties
and virtual actual interaction, and
Liabilities of Parties
google classroom for comment
interactions.
Upload pdf file discussing the
presentation for payment under the law Midterm - Week 9:
on negotiable instruments. Clarifications Lecture 1 -
and/or reflections are entertained during Negotiable Midterm - Week 9: Assessment 1 -
online class sessions: google meet for real Instruments - Presentation for Payment
time and virtual actual interaction, and Presentation for
google classroom for comment Payment
interactions.

Upload pdf file discussing the notice of

dishonor under the law on negotiable
Midterm - Week 10
instruments. Clarifications and/or
to 11: Lecture 1 -
reflections are entertained during online
Negotiable
class sessions: google meet for real time
Instruments - Notice
and virtual actual interaction, and
of Dishonor
google classroom for comment
interactions.

Midterm - Week 12: Middle Term

Examination

Upload pdf file discussing the discharge

Final - Week 13:
of negotiable instruments under the law
Lecture 1 -
on negotiable instruments. Clarifications
Negotiable Final - Week 14: Assessment 1 -
and/or reflections are entertained during
Instruments - Discharge of Negotiable
online class sessions: google meet for real
Discharge of Instruments and Acceptance
time and virtual actual interaction, and
Negotiable
google classroom for comment
Instruments
interactions

Upload pdf file discussing the acceptance

under the law on negotiable
Final - Week 14:
instruments. Clarifications and/or
Lecture 1 - Final - Week 14: Assessment 1 -
reflections are entertained during online
Negotiable Discharge of Negotiable
class sessions: google meet for real time
Instruments - Instruments and Acceptance
and virtual actual interaction, and
Acceptance
google classroom for comment
interactions

Upload pdf file discussing the

presentment for acceptance under the Final - Week 15:
law on negotiable instruments. Lecture 1 -
Final - Week 16: Assessment 1 -
Clarifications and/or reflections are Negotiable
Presentment for Acceptance and
entertained during online class sessions: Instruments -
Protest
google meet for real time and virtual Presentment for
actual interaction, and google classroom Acceptance
Upload pdf file discussing the
presentment for acceptance under the Final - Week 15:
law on negotiable instruments. Lecture 1 -
Final - Week 16: Assessment 1 -
Clarifications and/or reflections are Negotiable
Presentment for Acceptance and
entertained during online class sessions: Instruments -
Protest
google meet for real time and virtual Presentment for
actual interaction, and google classroom Acceptance
for comment interactions

Upload pdf file discussing the protest

under the law on negotiable
instruments. Clarifications and/or Final - Week 16:
Final - Week 16: Assessment 1 -
reflections are entertained during online Lecture 1 -
Presentment for Acceptance and
class sessions: google meet for real time Negotiable
Protest
and virtual actual interaction, and Instruments - Protest
google classroom for comment
interactions

Upload pdf file discussing the acceptance

and payment for honor under the law Final - Week 17:
on negotiable instruments. Clarifications Lecture 1 -
and/or reflections are entertained during Negotiable
online class sessions: google meet for real Instruments -
time and virtual actual interaction, and Acceptance and
google classroom for comment Payment for Honor
interactions

Final - Week 18: Final

Examination