Professional Documents
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BUSINESS LAW
Agency
SYLLABUS The general nature of agency. Creation of agency including sub-
agents. Duty of principal to agent. Duty and authority of agent. Effect
DESCRIPTION of agent’s act on third parties including disclosed and undisclosed
principal. Termination of agency.
This subject aims to educate the student on the core elements of the
principal areas of Business Law. Business Law plays a central and Commercial Disputes
vital role in the operation of modern trade and commerce. Arbitration. Nature and purpose. Arbitrator – appointment, powers and
authority. Arbitration award. Mareva injunction and Anton Pillar
A person occupying a managerial position in the business world will orders.
invariably discover that some knowledge of the main areas of Business
Law is essential for the discharge of his duties. A corporate manager Consumer Protection
or corporate administrator will find that his work involves, directly or Principles of consumer protections including the following:
indirectly, with problems associated with the law of contract, agency,
sale of goods, banking, employment and other areas of Business Law. Hire-Purchase - Nature of a hire-purchase agreement.
Without a sound understanding of the basic elements of the principal Formation and contents of hire-purchase agreement. Protection of
areas of Business Law, a modern corporate manager or administrator hirers including implied conditions and warranties, hirer’s rights
may not be able to function efficiently and effectively in today’s including assignment, early completion, right to determine hire,
business environment. repossession. Exemption clauses.
ADDITIONAL REFERENCE