L-NU AA 30-00-01-20

LYCEUM-NORTHWSTERN UNIVERSITY
Dagupan City

COLLEGE OF BUSINESS EDUCATION

COURSE GUIDE

Course Title/Code : BL 3 | Regulatory Framework and Legal Issues in Business Academic Year : 2021 – 2022
Name of Faculty : Amie Jane R. Miranda, CPA Semester : First
Instructor’s Email : miranda.amiejane.r@lyceum.edu.ph Class Schedule : MWF 8:00AM-10:00AM
Course Credit : Lecture = 3 units Contact Number :
Prerequisite : None Online Consultation Hours :
Google Classroom Code :

Course Description:
This course is the third in the series of three courses that cover the topic on regulatory framework governing business transactions and business
organizations/associations, and of business laws including their legal implications. The courses provide the students an understanding of the pertinent legal provisions, general
principles, concepts, and underlying philosophy of the laws applicable to commerce and business. The students are given working knowledge to apply the various regulatory
framework measures and the pertinent provisions of the law relative to particular business scenarios. They are also familiarized with clients’ rights and remedies, with the
handling of disputes on regulatory issues. The various regulatory offices that they will be interacting with are discussed including basic regulations that they will derive benefit
from.
This course deals with the law on sales, its nature, form and requisites. It discusses the rights and obligations of the vendor and vendee including remedies in case of
defaults. It also covers applicable laws on installment sales. The course also provides the students an understanding of the law on credit transactions such as pledges, real
mortgages and chattel mortgages. It also discusses the insolvency law as well as corporate rehabilitation.
This course also provides basic knowledge on the Law on Cooperatives and other laws on other business transactions, to wit: PDIC Law, Secrecy of Bank Deposits and
Unclaimed Balances Law, General Banking Law with emphasis on loans, AMLA Law with emphasis on covered transactions, suspicious transactions and reportorial
requirements, the New Central Bank Act with emphasis on legal tender power over coins and notes, conservatorship and receivership and closures, and the Intellectual Property
Law (except provisions under part I) with emphasis on the Law on Patents, the Law on Trademark, Service Marks and Trade Names, and the Law on Copyright.

Program Outcomes:
1.

Level Outcomes:
Page 1 of 36
Course Outcomes:
1.

Introduction:
This learning packet for Regulatory Framework and Legal Issues in Business is designed to help you understand how sales, installment sales, credit transactions, insolvency law,
and corporate rehabilitation affect the trade of a business. In addition, the Intellectual Property Law is attached to help you analyze how businesses utilize patents, trademarks,
L-NU AA 30-00-01-20
service marks, trade names, and copyright to establish their brand and market to the public. Also, this learning packet is designed to help you understand how certain types of
industries or businesses such as cooperatives and banks encounter other legal issues such as PDIC Law, Secrecy of Bank Deposits and Unclaimed Balances Law, General
Banking Law, Anti-Money Laundering Law, and New Central Bank Act.

General Guidelines:

This section tells you the general guidelines for completing this course guide. For specific guidelines and information, kindly review your student manual or your module guide (if
applicable).

1. The class code for Google Classroom specific for this course is to be given by your instructor during the class orientation.
2. Schedule properly your reading assignments and your activity accomplishments.
3. Make sure that you do things one at a time. Read the materials and watch the videos over and over until you are able to get the point of the lesson.
4. You will be assessed through formative and summative methods. Kindly see requirements section at the end of this course guide.
5. You are expected to submit your activities/ exams on the dates indicated in this course guide. Late submission of activities/ exams will be dealt based on classroom
policies.
6. Your scores for assignments will be notified to you throughout your period of study.
7. You can learn a great deal from discussing aspects of your course guide with others. Opinions and insights formed while discussing with other people are no less
valuable than those you form while reading books or listening to lectures. There’s nothing wrong in discussing with your classmates but it should be done before you
begin your individual activities. But when you sit down and do individual activities you are expected to work alone and not to use the work of others (in its entirety or in
part) as if it is your own.
8. The instructor checks your assignments against the work of other students and against internet sources and other published material. If you submit an assignment that
contains work that is not your own without proper referencing and claiming the work of other as your own, you are committing plagiarism. Plagiarism is a form of
academic dishonesty punishable by several guidelines (See student handbook).
9. If you have concerns, kindly communicate with your instructor using the contact information given in this course guide.
10. If it is not possible to participate in an online discussion due to internet problems, just save your answers in a digitized format in a USB flash drive then send it thru
courier at Lyceum-Northwestern University College of Information and Computing Science, Tapuac District, Dagupan City, Pangasinan or drop it thru the designated
drop-boxes at the university.

Course Outline

Week
Week 1: August 23, 2021
Part 1
Week 1: August 23 - 27
Week 2: August 30 - September 3
Week 2: August 30 - September 3
Chapter 4
Week 3: September 6 - 10
Week 4: September 13 - 17
Topic
Class Orientation
Sales Page 2 of 36
Chapter 1: Nature and Form of the Contract
Chapter 2: Capacity to Buy or Sell
Chapter 3: Effects of the Contract When the Thing Sold Has Been Lost
Obligations of the Vendor
Topic 1: General Provisions
Preliminary Examination
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Week 5: September 20 - 24
Week 6: September 27 - October 1
Week 7: October 4 - 8
Week 8: October 11 - 15
Week 9: October 18 -22
Chapter 7
Week 9: October 18 -22
Week 9: October 18 -22
Week 10: October 25 - 29
Week 10: October 25 - 29
Week 11: November 1 - 5
Week 11: November 1 - 5
Week 12: November 8 - 12
Part 2
Week 13: November 15 - 19
Week 14: November 22 - 26
Week 15: November 29 - December 3
Week 15: November 29 - December 3
Part 3
Week 16: December 6 - 10
Chapter 1
Week 16: December 6 - 10
Week 16: December 6 - 10
Week 16: December 6 - 10
Week 17: December 13 - 17
Topic 2: Delivery of the Thing Sold
Topic 3: Conditions and Warranties
Chapter 5: Obligations of the Vendee
Midterm Examination
Chapter 6: Actions for Breach of Contract of Sale of Goods
Extinguishment of Sale
Topic 1: Conventional Redemption
Topic 2: Legal Redemption
Chapter 8: Assignment of Credits and Other Incorporeal Rights
Chapter 9: General Provisions
Chapter 10: Barter or Exchange
Chapter 11: The Bulk Sales Law
Semi Finals Examination
Agency
Chapter 1: Nature, Form and Kinds of Agency
Chapter 2: Obligations of the Agent
Chapter 3: Obligations of the Principal
Chapter 4: Modes of Extinguishment of Agency
Credit Transactions
A. Loan – General Provisions
Commodatum
Topic 1: Nature of Commodatum
Topic 2: Obligations of the Bailee
Topic 3: Obligations of the Bailor
Chapter 2: Simple Loan or Mutuum
B. Deposit
Chapter 1: Deposit in General and Its Different Kinds
Chapter 2: Voluntary Deposit
Chapter 3: Necessary Deposit
Chapter 4: Sequestration or Judicial Deposit
C. Guaranty
Chapter 1: Nature and Extent of Guaranty
Chapter 2: Effects of Guaranty
Page 3 of 36
Chapter 3: Extinguishment of Guaranty
Chapter 4: Legal and Judicial Bonds
D. Pledge
Chapter 1: Provisions Common to Pledge and Mortgage
Chapter 2: Provisions Applicable Only to Pledge
E. Real Mortgage
L-NU AA 30-00-01-20
Week 18: December 20 - 24
Course Guide (ASSURE Instructional Model)
Week
August 23, 2021
Part 1: Sales
Week 1: August 23 - 27
F. Antichresis
G. Chattel Mortgage
Finals Examination
Topic Learning Outcomes
Class Orientation
Chapter 1: Nature and Form of the Contract
1. Definition of contract of sale.
2. Differentiation between earnest money and option money.
3. Enumerate the remedies available to a vendor in sale of
personal property payable in installments.
4. Identify the characteristics of a contract of sale.
5. Enumerate the contracts of sale that must be in writing to be
enforceable by court action (under Statute of Frauds).
6. Distinguish a contract of sale and a contract of agency.
Page 4 of 36
Activities
Join the online session using Google Meet.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Nature and Form of the Contract. Due date: August 25, 2021,
10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 1 to 44.
2. After reading your book, you should be able to answer the following guide questions:
a. Distinguish earnest money from option money.
b. What remedies are available to a vendor in sale of personal property in installments? Is
the vendor allowed to recover the unpaid balance of the price?
c. Give the characteristics of a contract of sale. Explain at least three (3) of them.
d. Under the Statute of Frauds, what contract of sale must be in writing to be enforceable
by court action?
e. Give at least three (3) distinctions between a contract of sale and a contract of agency
to sell.
3. Attend the online class lecture on this topic on August 23, 2021 at 8:00AM-10:00AM
using Google Meet.
R - Require Learner Participation
L-NU AA 30-00-01-20
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on August 27,
2021, 8:00AM-10:00AM.

Week 2: Chapter 2: Capacity to Buy or Sell
August 30 - September 3 1. Definition of necessaries and compromise
2. Discussion of the relative incapacity of husband and wife
3. Identify the people who may enter into a contract of sale
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Capacity to Buy or Sell. Due date: September 1, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 47 to 53.
2. After reading your book, you should be able to answer the following guide questions:
a. Are husband and wife allowed to sell property to each other?
b. Under the law, who may enter into a contract of sale?
3. Attend the online class lecture on this topic on August 30, 2021 at 8:00AM-10:00AM
Page 5 of 36 using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
L-NU AA 30-00-01-20

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on September
3, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 2: Chapter 3: Effects of the Contract When the Thing Sold Has Been Lost
August 30 - September 3 1. Discussion of specific goods and divisible contract. A - Analyze the Learners
2. Identify when is a thing considered lost. 1. Google classroom activity: Partake in the online discussion on your background and
3. Identify the effect of loss of thing at the time of sale. expectations about Effects of the Contract When the Thing Sold Has Been Lost. Due
date: September 1, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 55 to 57.
2. After reading your book, you should be able to answer the following guide questions:
a. When is a thing sold considered lost?
b. Give the effect in case the thing sold is: a. lost totally and b. lost partially
3. Attend the online class lecture on this topic on August 30, 2021 at 8:00AM-10:00AM
using Google Meet.

R - Require Learner Participation

1. Individual Activity
Page 6 of 36 a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on September
3, 2021, 8:00AM-10:00AM.
L-NU AA 30-00-01-20

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 2: Chapter 4: Obligations of the Vendor
August 30 - September 3 1. Enumerate the principal obligations of the vendors. A - Analyze the Learners
Week 3: September 6 - 10 2. Distinguish actual delivery from constructive delivery. 1. Google classroom activity: Partake in the online discussion on your background and
3. Enumerate the ways of effecting delivery by the vendor to expectations about Obligations of the Vendor. Due date: September 1 and 8, 2021,
the vendee. 10:00AM.
4. Identify the party who bears the loss in case the thing goes
out of commerce. S - State Standards or Objectives
5. Give the following remedies in case of breach by a Please see topic learning outcomes.
contracting party.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 59 to 128.
2. After reading your book, you should be able to answer the following guide questions:
a. Give the cases when a sale of property is valid although seller is not the owner thereof.
b. What are the principal obligations of the vendor?
c. What are the different ways of effecting delivery to the buyer of the thing sold?
d. Suppose the parties failed to stipulate the place of delivery of the thing sold, where is
the place of delivery?
e. Suppose the thing sold is lost after perfection of the sale but before its delivery to the
buyer, who shall bear the loss by a fortuitous event? Explain.
3. Attend the online class lecture on this topic on August 30 and September 6, 2021 at
8:00AM-10:00AM using Google Meet.

R - Require Learner Participation

Page 7 of 36 1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on September
L-NU AA 30-00-01-20
3 and 10, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 4: September 13 - 17 Preliminary Examination Answer the 50-item examination that will be posted in the Google Classroom.
Start Time: 10:00AM ; 2:30PM l Due Time: 11:00AM ; 4:00PM
Week 5: September 20 - 24 Chapter 4: Obligations of the Vendor
1. Enumerate the ways of effecting delivery by the vendor to A - Analyze the Learners
the vendee. 1. Google classroom activity: Partake in the online discussion on your background and
expectations about Obligations of the Vendor. Due date: September 22, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 129 to 162.
2. After reading your book, you should be able to answer the following guide questions:
a. Give the requisites for the exercise by an unpaid seller of his right of stoppage in
transit.
b. What are the implied warranties in a contract of sale?
c. Distinguish “sale or return” from “sale on trial”.
3. Attend the online class lecture on this topic on September 20, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
Page 8 of 36 a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on September
24, 2021, 8:00AM-10:00AM.
L-NU AA 30-00-01-20
Week 6: Chapter 5: Obligations of the Vendee
September 27 - October 1 1. Enumerate the principal obligations of the vendee.
2. Enumerate the rules on delivery in installments.
3. Discuss the buyer’s right to examine the goods.
4. Discuss the modes of manifesting acceptance.
5. Difference of delivery and acceptance.
Page 9 of 36
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Obligations of the Vendee. Due date: September 29, 2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 166 to 182.
2. After reading your book, you should be able to answer the following guide questions:
a. When is there implied acceptance by the vendee of the goods sold?
b. Give the cases when the vendee is given the right to suspend payment of the purchase
price.
3. Attend the online class lecture on this topic on September 27, 2021 at 8:00AM-
10:00AM using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 1,
2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
L-NU AA 30-00-01-20
Week 6: Chapter 6: Actions for Breach of Contract of Sale of Goods
September 27 - October 1 1. Enumerate the actions available on the breach of contract of A - Analyze the Learners
sale of goods. 1. Google classroom activity: Partake in the online discussion on your background and
2. Measure the damages for non-acceptance of the goods. expectations about Actions for Breach of Contract of Sale of Goods. Due date:
3. Enumerate the remedies available to the buyer for breach of September 29, 2021, 10:00AM.
warranty by the seller.
4. Enumerate the rights and obligations of the buyer in case of S - State Standards or Objectives
rescission. Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 184 to 195.
2. After reading your book, you should be able to answer the following guide questions:
a. In general, what actions are available to the buyer in case of breach of warranty by the
seller of goods?
b. When is the buyer not given the right to rescind although the seller committed a breach
of warranty?
c. Give three (3) situation where the seller is given the right to bring an action for
damages against B.
d. Give two (2) situations where the seller of specific goods is given the right to be paid
notwithstanding that delivery to B has not been effected.
3. Attend the online class lecture on this topic on September 27, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
Page 10 of 36 2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 1,
2021, 8:00AM-10:00AM.

Optional Task:
L-NU AA 30-00-01-20
Week 7: October 4 - 8 Chapter 7: Extinguishment of Sale
1. Discuss legal redemption.
2. Explain equitable mortgage.
3. Discuss conventional redemption.
4. Enumerate the rights of adjacent owners.
Page 11 of 36
Week 7: October 4 - 8 Chapter 8: Assignment of Credits and Other Incorporeal Rights
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Extinguishment of Sale. Due date: October 6, 2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 197 to 223.
2. After reading your book, you should be able to answer the following guide questions:
a. What are the requisites for the right of legal redemption of a co-owner exist?
b. Give the cases when a contract shall be presumed by law to be an equitable mortgage.
c. What are the obligations of a vendor a retro who desires to exercise his right of
repurchase?
3. Attend the online class lecture on this topic on October 4, 2021 at 8:00AM-10:00AM
using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 8,
2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
L-NU AA 30-00-01-20
1. Discuss the nature and perfection of assignment of credit.
2. Enumerate the warranties and liabilities of the assignor of
credit.
3. Analyze the sale of successional or hereditary rights and
sale of whole of certain rights, rents, or products.
4. Discuss the legal redemption.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Assignment of Credits and Other Incorporeal Rights. Due date:
October 6, 2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 225 to 236.
2. After reading your book, you should be able to answer the following guide questions:
a. What does an assignor of credit warrant and what liabilities will he incur in case of
violation thereof?
b. Why is assignment of credit regarded as really a sale?
3. Attend the online class lecture on this topic on October 4, 2021 at 8:00AM-10:00AM
using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 8,
2021, 8:00AM-10:00AM.
Page 12 of 36
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 8: October 11 - 15 Midterm Examination Answer the 50-item examination that will be posted in the Google Classroom.
Start Time: 10:00AM ; 2:30PM l Due Time: 11:00AM ; 4:00PM
Week 9: October 18 -22 Chapter 9: General Provisions
1. Definition of terms. A - Analyze the Learners
L-NU AA 30-00-01-20
2. Discuss the sale of Immovable subject to registration law. 1. Google classroom activity: Partake in the online discussion on your background and
expectations about General Provisions. Due date: October 20, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 239 to 240.
2. After reading your book, you should be able to answer the following guide questions:
a. As used in the law, what does the phrase “document of title to goods” include?
b. Under the law, when is a person deemed insolvent and when are goods considered in
a “deliverable state”?
3. Attend the online class lecture on this topic on October 18, 2021 at 8:00AM-10:00AM
using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 22,
2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Page 13 of 36
Upload the file in Google Classroom.
Week 9: October 18 -22 Chapter 10: Barter or Exchange
1. Definition of barter. A - Analyze the Learners
2. Discuss the perfection and consummation of the contract. 1. Google classroom activity: Partake in the online discussion on your background and
3. Analyze the applicability of provisions on sales. expectations about Barter or Exchange. Due date: October 20, 2021, 10:00AM.

S - State Standards or Objectives

L-NU AA 30-00-01-20
Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 242 to 245.
2. After reading your book, you should be able to answer the following guide questions:
a. Why is barter considered a sale?
b. When is the contract of barter perfected and consummated?
3. Attend the online class lecture on this topic on October 18, 2021 at 8:00AM-10:00AM
using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 22,
2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 9: October 18 -22 Chapter 11: The Bulk Sales Law
1. Discuss the purpose and scheme of the law. A - Analyze the Learners
2. Provide a definition on stock, merchandise, and fixtures. 1. Google classroom activity: Partake in the online discussion on your background and
3. Enumerate the acts that are punishable by14
Page law.
of 36 expectations about The Bulk Sales Law. Due date: October 20, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
L-NU AA 30-00-01-20
Part 2: Agency
Week 9: October 18 -22 Chapter 1: Nature, Form, and Kinds of Agency
1. Discuss the contract and purpose of agency.
2. Enumerate the kinds of agency.
3. Enumerate and discuss the general and special agencies.
4. Discuss the special powers necessary.
Page 15 of 36
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 247 to 255.
2. After reading your book, you should be able to answer the following guide questions:
a. Under the law, when is sale or transfer considered in bulk?
b. Give the purpose and general scheme of the law.
3. Attend the online class lecture on this topic on October 18, 2021 at 8:00AM-10:00AM
using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 22,
2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Nature, Form, and Kinds of Agency. Due date: October 20, 2021,
10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
L-NU AA 30-00-01-20
Week 10: October 25 - 29 Chapter 2: Obligations of the Agent
1. Enumerate the specific obligations of the agent.
2. Differentiate instructions from authority.
3. Discuss the liability of two or more agents towards principal.
4. Discuss the obligation of commission.
5. Analyze the liability of agent for fraud, negligence, and
intentional wrong.
Page 16 of 36
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 257 to 284.
2. After reading your book, you should be able to answer the following guide questions:
a. May a principal be bound by the act of an agent beyond his power? Explain.
b. What do you understand by the statement that agency is a representative relation?
c. Give at least four (4) cases when a special power of attorney is necessary for their
execution by an agent.
d. Enumerate the four (4) essential elements of agency.
3. Attend the online class lecture on this topic on October 18, 2021 at 8:00AM-10:00AM
using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 22,
2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Obligations of the Agent. Due date: October 27, 2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
L-NU AA 30-00-01-20
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 286 to 311.
2. After reading your book, you should be able to answer the following guide questions:
a. When may an agent incur personal liability to the party whom he contracts?
b. State the right given to the principal in case sale on credit is made by the agent without
authority from the principal.
c. Give at least five (5) specific obligations of the agent.
3. Attend the online class lecture on this topic on October 25, 2021 at 8:00AM-10:00AM
using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 29,
2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 10: October 25 - 29 Chapter 3: Obligations of the Principal
1. Enumerate the specific obligations of the principal to the A - Analyze the Learners
agent. 1. Google classroom activity: Partake in the online discussion on your background and
2. Discuss the obligation to advance funds and reimbursement expectations about Obligations of the Principal. Due date: October 27, 2021, 10:00AM.
of advanced funds.
3. Enumerate the cases when principal is not liable for S - State Standards or Objectives
expenses. Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
Page 17 of 36 questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 313 to 322.
L-NU AA 30-00-01-20
Week 10: October 25 - 29 Chapter 4: Modes of Extinguishment of Agency
1. Enumerate and discuss the modes of extinguishing an
agency.
2. Enumerate and discuss the kinds of revocation.
3. Discuss the withdrawal and liability of the agent.
Page 18 of 36
2. After reading your book, you should be able to answer the following guide questions:
a. Give at least four (4) specific obligations of the principal.
b. In what cases will the principal not be liable for expenses incurred by the agent in the
performance of the agency?
3. Attend the online class lecture on this topic on October 25, 2021 at 8:00AM-10:00AM
using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 29,
2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Modes of Extinguishment of Agency. Due date: October 27, 2021,
10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 324 to 337.
2. After reading your book, you should be able to answer the following guide questions:
a. What are the three (3) modes of extinguishing an agency?
b. Give three (3) examples of implied revocation of agency.
L-NU AA 30-00-01-20
Part 3: Credit Transactions
Week 11: November 1 - 5
3. Attend the online class lecture on this topic on October 25, 2021 at 8:00AM-10:00AM
using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on October 29,
2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Introduction
1. Discuss the term “credit transactions”. A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Introduction to Credit Transactions. Due date: November 3, 2021,
10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
Page 19 of 36 1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 338 to 340.
2. After reading your book, you should be able to answer the following guide questions:
a. How is bailment created?
3. Attend the online class lecture on this topic on November 3, 2021 at 8:00AM-10:00AM
using Google Meet.
R - Require Learner Participation
L-NU AA 30-00-01-20
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
5, 2021, 8:00AM-10:00AM.

A. Loan
Week 11: November 1 - 5 General Provisions
1. Discuss the term “contract of loan”.
2. Define the characteristics of contract of loan.
3. Enumerate the kinds of loan and commodatum.
4. Distinguish commodatum and mutuum.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Loan - General Provisions. Due date: November 3, 2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 342 to 345.
2. After reading your book, you should be able to answer the following guide questions:
a. Give at least four (4) distinctions between commodatum and mutuum.
3. Attend the online class lecture on this topic on November 3, 2021 at 8:00AM-10:00AM
Page 20 of 36 using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
L-NU AA 30-00-01-20

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
5, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 12: November 8 - 12 Semi Finals Examination Answer the 50-item examination that will be posted in the Google Classroom.
Start Time: 10:00AM ; 2:30PM l Due Time: 11:00AM ; 4:00PM
Week 13: November 15 - 19 Chapter 1: Commodatum
1. Discuss the term “precarium”. A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Loan - Commodatum. Due date: November 17, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 347 to 359.
2. After reading your book, you should be able to answer the following guide questions:
a. In what cases is the bailee/borrower liable to the bailor/lender for loss of the thing
loaned even if through a fortuitous event without his fault?
b. When is the bailor given the right to demand the return of the thing loaned at any time?
3. Attend the online class lecture on this topic on November 15, 2021 at 8:00AM-
10:00AM using Google Meet.

Page 21 of 36 R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
L-NU AA 30-00-01-20
Week 13: November 15 - 19 Chapter 2: Simple Loan or Mutuum
1. Discuss fungible things.
2. Explain compound interest.
Page 22 of 36
1. Answer the quiz on this topic which will be posted in Google Classroom on November
19, 2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Loan - Simple Loan or Mutuum. Due date: November 17, 2021,
10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 360 to 370.
2. After reading your book, you should be able to answer the following guide questions:
a. Distinguish mutuum and commodatum from barter.
b. How shall the interest be determined if for money loaned, the same shall be payable
instead in kinds?
3. Attend the online class lecture on this topic on November 15, 2021 at 8:00AM-
10:00AM using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
19, 2021, 8:00AM-10:00AM.
L-NU AA 30-00-01-20
B. Deposit
Week 13: November 15 - 19 Chapter 1: Deposit in General and Its Different Kinds
1. Definition of contract of deposit.
2. Enumerate the characteristics of contract of deposit.
3. Distinguish deposit from mutuum and commodatum.
4. Enumerate the kinds of deposit and extrajudicial deposit.
Page 23 of 36
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Deposit in General and Its Different Kinds. Due date: November 17,
2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 371 to 375.
2. After reading your book, you should be able to answer the following guide questions:
a. Distinguish deposit from mutuum.
b. Distinguish deposit from commodatum.
3. Attend the online class lecture on this topic on November 15, 2021 at 8:00AM-
10:00AM using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
19, 2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
L-NU AA 30-00-01-20
Week 13: November 15 - 19 Chapter 2: Voluntary Deposit
1. Definition of voluntary deposit. A - Analyze the Learners
2. Enumerate the instances where there are several 1. Google classroom activity: Partake in the online discussion on your background and
depositors. expectations about Voluntary Deposit. Due date: November 17, 2021, 10:00AM.
3. Discuss the capacity of the depositary and depositor.
S - State Standards or Objectives
Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 376 to 397.
2. After reading your book, you should be able to answer the following guide questions:
a. What is the nature of the relation between a bank and a depositor?
b. May the depositor make use of the thing deposited?
c. When is the depositary liable to the depositor for loss of the thing if the thing deposited
even due through a fortuitous event?
3. Attend the online class lecture on this topic on November 15, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
Page 24 of 36 19, 2021, 8:00AM-10:00AM.

Week 14: November 22 - 26 Chapter 3: Necessary Deposit
1. Enumerate the kinds of necessary deposit.
2. Discuss the liability of hotel-keeper.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
L-NU AA 30-00-01-20
3. Explain the exemption or diminution of liability.
Page 25 of 36
Week 14: November 22 - 26 Chapter 4: Sequestration or Judicial Deposit
1. Explain the nature and purpose of judicial deposit.
2. Enumerate the obligation of depositary of sequestrated
property.
3. Distinguish judicial and extrajudicial deposit.
expectations about Necessary Deposit. Due date: November 24, 2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 399 to 404.
2. After reading your book, you should be able to answer the following guide questions:
a. Give at least three (3) examples of necessary deposit made in compliance with a legal
obligation.
b. When is a hotel-keeper not liable for loss of, or injury to, effects deposited by guests or
travelers?
3. Attend the online class lecture on this topic on November 22, 2021 at 8:00AM-
10:00AM using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
26, 2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Sequestration or Judicial Deposit. Due date: November 24, 2021,
10:00AM.
L-NU AA 30-00-01-20
C. Guaranty
Week 14: November 22 - 26 Chapter 1: Nature and Extent of Guaranty
1. Explain the nature of guaranty.
2. Enumerate the characteristics of guaranty.
Page 26 of 36
3. Enumerate and explain the liabilities of the guarantor.
4. Discuss the qualifications and selection of the guarantor.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity
U - Utilize Technology, Media, and Materials
1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 405 to 407.
2. After reading your book, you should be able to answer the following guide questions:
a. Give at least four (4) distinctions between judicial and extrajudicial deposits.
3. Attend the online class lecture on this topic on November 22, 2021 at 8:00AM-
10:00AM using Google Meet.
R - Require Learner Participation
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.
E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
26, 2021, 8:00AM-10:00AM.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Nature and Extent of Guaranty. Due date: November 24, 2021,
10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.
S - Select Strategies
L-NU AA 30-00-01-20
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 409 to 423.
2. After reading your book, you should be able to answer the following guide questions:
a. Distinguish guaranty from suretyship.
b. Why is guaranty an accessory, subsidiary, and a unilateral contract?
3. Attend the online class lecture on this topic on November 22, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
26, 2021, 8:00AM-10:00AM.

Week 14: November 22 - 26 Chapter 2: Effects of Guaranty
1. Explain the entitlement of the guarantor to excussion or
exhaustion.
2. Enumerate the exceptions to the excussion or exhaustion.
3. Enumerate and explain the effects of compromise between
creditor and the principal debtor.
Page 27 of 36
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Effects of Guaranty. Due date: November 24, 2021, 10:00AM.
S - State Standards or Objectives
Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resources
L-NU AA 30-00-01-20
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 424 to 438.
2. After reading your book, you should be able to answer the following guide questions:
a. Give at least four (4) cases when the benefit of excussion shall not take place.
b. Give at least four (4) cases when the guarantor is allowed to sue the principal debtor
even before the guarantor has paid the creditor.
3. Attend the online class lecture on this topic on November 22, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on November
26, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 15: Chapter 3: Extinguishment of Guaranty
November 29 - December 3 1. Enumerate and explain the causes of extinguishment of A - Analyze the Learners
guaranty. 1. Google classroom activity: Partake in the online discussion on your background and
2. Enumerate and explain the defenses available to guarantor expectations about Extinguishment of Guaranty. Due date: December 1, 2021, 10:00AM.
against creditor.
S - State Standards or Objectives
Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
Page 28 of 36 1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
L-NU AA 30-00-01-20
from pages 440 to 444.
2. After reading your book, you should be able to answer the following guide questions:
a. Give three (3) situations when a guarantor is released from his undertaking although
the principal obligation still remains.
b. Give at least five (5) causes of extinguishment of an obligation which result in the
extinguishment of a guaranty or an accessory contract.
3. Attend the online class lecture on this topic on November 29, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on December
3, 2021, 8:00AM-10:00AM.

Week 15: Chapter 4: Legal and Judicial Bonds
November 29 - December 3 1. Discuss the meaning and form of bond.
2. Enumerate and explain the qualifications of personal
bondsman.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Legal and Judicial Bonds. Due date: December 1, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
Page 29 of 36 3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 446 to 447.
2. After reading your book, you should be able to answer the following guide questions:
a. What can be given in lieu of bond, if the person bound to give it is unable to do so?
L-NU AA 30-00-01-20
3. Attend the online class lecture on this topic on November 29, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on December
3, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
D. Pledge
Week 15: Chapter 1: Provisions Common to Pledge and Mortgage
November 29 - December 3 1. Define pledge. A - Analyze the Learners
2. Define pacto comisorio. 1. Google classroom activity: Partake in the online discussion on your background and
expectations about Legal and Judicial Bonds. Due date: December 1, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
Page 30 of 36 from pages 449 to 457.
2. After reading your book, you should be able to answer the following guide questions:
a. Distinguish pledge from mortgage.
b. What are the essential requisites of pledge or mortgage?
3. Attend the online class lecture on this topic on November 29, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

L-NU AA 30-00-01-20
1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on December
3, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 15: Chapter 2: Provisions Applicable Only to Pledge
November 29 - December 3 1. Define legal pledge. A - Analyze the Learners
2. Enumerate the provisions applicable only to pledge. 1. Google classroom activity: Partake in the online discussion on your background and
expectations about Provisions Applicable Only to Pledge. Due date: December 1, 2021,
10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 459 to 479.
2. After reading your book, you should be able to answer the following guide questions:
a. What are the formalities or requisites required before a pledgee may case the sale of
the thing pledged?
Page 31 of 36 b. What are the four (4) obligations of the pledgee?
c. Enumerate at least four (4) rights of the pledger.
3. Attend the online class lecture on this topic on November 29, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
L-NU AA 30-00-01-20
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on December
3, 2021, 8:00AM-10:00AM.

Week 16: December 6 - 10 E. Real Mortgage
1. Define mortgage.
2. Define foreclosure.
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Real Mortgage. Due date: December 8, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 481 to 489.
2. After reading your book, you should be able to answer the following guide questions:
a. What may be the object of subject matter of a contract of mortgage?
b. Distinguish equity of redemption and right of redemption.
3. Attend the online class lecture on this topic on December 6, 2021 at 8:00AM-10:00AM
using Google Meet.

Page 32 of 36 R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
L-NU AA 30-00-01-20
1. Answer the quiz on this topic which will be posted in Google Classroom on December
10, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 16: December 6 - 10 F. Antichresis
1. Define the contract of antichresis. A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Antichresis. Due date: December 8, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 491 to 496.
2. After reading your book, you should be able to answer the following guide questions:
a. What is the difference of antichresis and mortgage?
b. What is the difference of antichresis and pledge?
3. Attend the online class lecture on this topic on December 6, 2021 at 8:00AM-10:00AM
using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
Page 33 of 36 a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on December
10, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
L-NU AA 30-00-01-20
Week 16: December 6 - 10
G. Chattel Mortgage
1. Define chattel mortgage.
2. Define affidavit of good faith.
Upload the file in Google Classroom.
A - Analyze the Learners
1. Google classroom activity: Partake in the online discussion on your background and
expectations about Chattel Mortgage. Due date: December 8, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your main reference book, The Law on Sales, Agency, and Credit Transactions,
from pages 498 to 503.
2. After reading your book, you should be able to answer the following guide questions:
a. May immovable property be mortgaged under the Chattel Mortgage Law?
b. A contract of chattel mortgage does not include an affidavit of good faith appended to it
as required by law. Is the mortgage valid?
3. Attend the online class lecture on this topic on December 6, 2021 at 8:00AM-10:00AM
using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on December
Page 34 of 36 10, 2021, 8:00AM-10:00AM.

Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Law on Other Business Transactions
Week 17: December 13 - 17 Insolvency Law
1. Define insolvency. A - Analyze the Learners
L-NU AA 30-00-01-20
2. Enumerate the qualifications of insolvency. 1. Google classroom activity: Partake in the online discussion on your background and
expectations about Insolvency Law. Due date: December 15, 2021, 10:00AM.

S - State Standards or Objectives

Please see topic learning outcomes.

S - Select Strategies
The following teaching strategies will be used in this topic:
1. Asynchronous online learning - participation in online discussion, answering guide
questions, and viewing uploaded videos in Google Classroom
2. Synchronous online learning - joining the class thru Google Meet
3. Offline learning - self study of printed or digitized resource
4. Peer learning - group activity

U - Utilize Technology, Media, and Materials

1. Read your reference material Republic Act No. 10142
(https://www.officialgazette.gov.ph/2010/07/18/republic-act-no-10142/)
2. After reading your material, you should be able to answer the following guide
questions:
a. What is the nature of the proceedings?
b. What entities are excluded from the section?
c. How do substantive and procedural consolidation operate?
d. What are the types of proceedings?
3. Attend the online class lecture on this topic on December 13, 2021 at 8:00AM-
10:00AM using Google Meet.

R - Require Learner Participation

1. Individual Activity
a. Refer to your study guide, state the rule or reason for your answer in the stated
problem. Upload your output in Google Classroom.
2. Group Activity
a. Digest the case study which is posted in Google Classroom.

E - Evaluate
1. Answer the quiz on this topic which will be posted in Google Classroom on December
17, 2021, 8:00AM-10:00AM.
Page 35 of 36
Optional Task:
1. Record a video discussion which comprehensively explains the guide questions.
Upload the file in Google Classroom.
Week 18: December 20 - 24 Finals Examination Answer the 50-item examination that will be posted in the Google Classroom.
Start Time: 10:00AM ; 2:30PM l Due Time: 11:00AM ; 4:00PM
L-NU AA 30-00-01-20
COURSE REQUIREMENTS:

Formative Assessment Methods:

Subject Portfolio about Every Activities each meeting
Activities indicated in the “Analysis” part of the module
Informal class recitations

Summative Assessment Methods:

Quizzes, Unit test, Recitation, Online Synchronous and Asynchronous Activities, Periodic Examinations
Note: Rubrics for each class work will be given by your instructor during the briefing before the activity.

GRADING SYSTEM:
Semestral Grade = (Prelim Grade*25%) + (Midterm Grade*25%) + (Semi-Final Grade*25%) + (Final Grade*25%)
For every grading period:
Periodic Exam – 40%
Student Course Work – 60% (Recitation 25%, Quizzes 25%, Requirements 20%, Attendance 10%, Assignment 20%)
In order to earn a passing grade, the student should get a transmuted grade of 75%

BIBLIOGRAPHY:

Main Reference:
The Law on Sales, Agency, and Credit Transactions 2013 Ed. by Hector S. De Leon and Hector M. De Leon, Jr.

Prepared by: Recommended by: Approved by:

AMIE JANE R. MIRANDA, CPA DR. GENOVEVA Y. REYES, CPA, FRIAcc DR. MARINA O. ABELLA
Instructor Dean Vice-President, Academic Affairs
Page 36 of 36