PHINMA EDUCATION

COLLEGE OF MANAGEMENT AND ACCOUNTANCY

TABLE OF SPECIFICATIONS
PEN Code: BAM 242
Subject: REGULATORY FRAMEWORK AND LEGAL ISSUES IN BUSINESS
Semester: 2nd semester
School Year: 2020-2021

Topics
Weight
SALES 44.63%
CHAPTER 1 Nature and Form of the Contract
Contract of Sale
Stages of a Contract of Sale
Two Kinds of Contract of Sale
Elements of a Contract of Sale
Characteristics
Earnest Money of vs.aOption
Contract of Sale
Money/Contract for a Piece of Work vs. Contract
of Sale
Dacion en Pago vs. Contract of Sale
Determinate Thing
Emptio rei vs Emptio spei
Kinds of Goods
Contract of Sale vs. Agency to Sell
Sale vs. Barter
Requisites for a valid price/Auction
Aspects of Delivery
Contract to Sell & Right of First Refusal
Sale by Sample, Sale by Description
Expropriation
CHAPTER 2 Capacity to Buy or Sell
Kinds of Incapacity
CHAPTER 3 Effects of the Contract when the thing sold has been lost
Loss of the Object at the Time of Perfection of the Contract
CHAPTER 4 Obligations of the Vendor
Obligations of the Vendor
Meaning and Kinds of Delivery
Legal vs. Constructive Delivery
Actual Delivery vs. Constructive Delivery
Delivery of Incorporeal Property
Sale on Approval
Sale or Return vs. Sale on Trial
Document of Title to Goods
Two Kinds of Negotiation
Warranties on Negotiation or Assignment
Place and Time of Delivery
Remedies of an Unpaid Seller
Right of Stoppage in Transit
 Right of Resale
Right to Rescind
Judicial Sale
Requisites of Double Sale
Purchaser in Good Faith
Warranty vs. Condition
Eviction
Remedies in Case of Hidden Defects
Void Sale of Animals
Effect of Reccission of Sale of Animal with Redhibitory Defect
CHAPTER 5 Obligations of the Vendee
Acceptance & Types of Acceptance
Effect of Buyer's Justifiable Refusal to Accept Delivery
Vendee Owes Interest Between Delivery and Payment
Suspension of Payment by the Vendee
Recission of Sale
CHAPTER 6 Actions for Breach of Contract of Sale of Goods
Meaning of Goods/Action against the Buyer for the Price of Goods
Action against the Buyer for Damages
Requisites for the Seller to Totally Rescind the Contract of Sale
Remedies of the Buyer in Case of Breach of Warranty by the Seller
Effect of Recission on Buyer's Rights and Obligations
CHAPTER 7 Extinguishment of Sale
Causes of Extinguishment of Sale
Essence of Conventional Redemption
Equitable Mortgage
Reformation
Period of Redemption
Legal Redemption
Requirement of Written Notice
CHAPTER 8 Assignment of Credits and Other Incorporeal Rights
Assignment of Credit
Contract of Sale vs. Assignment of Credit
Requirement to Produce Effect as against Third Person
Warranties of the Assignor of Credit
Liabilities for Violation of Warranties
Duration of Warranty as to Debtor's Solvency
PLEDGE, MORTGAGE AND ANTICHRESIS 19.38%
CHAPTER 1 Provisions Common to Pledge and Mortgage
Meaning of Pledge
Real Estate Mortgage/Doctrine of "The Mortgagee in Good Faith"
Two Contractual Modes by which Personal Property can be used to secure a
Principal Obligation
Pactum Commissorium
CHAPTER 2 Pledge
Pledge of Incorporeal Rights
Right of Pledgor to Ask the Thing Pledged be Deposited
 Prescriptive Period to Demand Return of the Thing
Rights of the Pledgor and Pledgee
Purpose of Notice
Deficiency Claim in Mortgage vs. Pledge
Deficiency Claim in Chattel Mortgage vs. Pledge
CHAPTER 3 Mortgage
Meaning of Mortgage
Kinds of Real Mortgage
Object of Mortgage
Cause or Consideration in Mortgage
Real Mortgage vs. Pledge
Effects and Extent of Mortgage
Foreclosure
Maceda Law
CHAPTER 4 Antichresis
Contract of Antichresis
Antichresis vs. Real Mortgage
Rights and Obligations of Antichretic Creditor
Measure of Application of Fruits
Forms of the Contract of Antichresis
Obligation of the debtor
Remedies of the Creditor
CHAPTER 5 Chattel Mortgage
Contract of Chattel Mortgage
Chattel Morgtgage vs. Real Mortgage
Chattel Morgtgage vs. Pledge
Foreclosure of Chattel Mortgage
Right of Mortgagee to Recover Deficiency

INTELLECTUAL PROPERTY CODE OF THE PHILIPPINES 25%

PART I Intellectual Property Office
PART II The Law on Patents
Chapter I General Provisions
Chapter II Patentability
Chapter III Right to a Patent
Chapter IV Patent Application
Chapter V Procedure for Grant of Patent
Chapter VI Cancellation of Patents and Substitution of Patentee
Chapter VII Remedies of a Person with a Right to a Patent
Chapter VIII Rights of Patentees and Infringement of Patents
Chapter IX Voluntay Licensing
Chapter X Compulsory Licensing
Chapter XI Assignment and Transmission of Rights
Chapter XII Registration of Utility Models
Chapter XIII Industrial Design and Layout Designs of Inegrated Circuits
PART III The Law on Trademarks, Service Marks and Trade Names

PART IV The Law on Copyright

Chapter I Preliminary Provisions
Chapter II Original Works
Chapter III Derivative Works
Chapter IV Works not Protected
Chapter V Copyright on Economic Rights
Chapter VI Ownership of Copyright
Chapter VII Transfer of Assignment of Copyright
Chapter VIII Limitations on Copyright
Chapter IX Deposit and Notice
Chapter X Moral Rights
Chapter XI Rights to Proceeds in Subsequent Transfers
Chapter XII Rights of Performers, Producers of Sound Recordings and
Broadcasting Organizations
Chapter XIII Producers of Sound Recordings
Chapter XIV Broadcasting Organizations
Chapter XV Limitations on Rights
Chapter XVI Term of Protection
Chapter XVII Infringement
Chapter XVIII Scope of Application
Chapter XIX Institution of Actions
Chapter XX Miscellaneous Provisions

CONSUMER WELFARE AND PROTECTION ACT 8%

CHAPTER I CONSUMER PRODUCT QUALITY AND SAFETY
CHAPTER II Labelling and Packaging
CHAPTER III Deceptive Sales Acts and Practices
CHAPTER IV Product Service and Warranty
CHAPTER V Labelling and Packaging
CHAPTER VI Price Tag Act
CHAPTER VII Lemon Law

Philippine Competition Act 3.75%

Chapter I Definition and Scope of Application
Chapter II Prohibited Acts
Chapter III Covered Transactions
Chapter IV Thresholds for Compulsory Notification
Chapter V Notifying Entity
Chapter VI Period of Notification
Chapter VII Relevant Market

Government Procurement Law 3.13%

Chapter I General Principles
Chapter II Scope and Application
Chapter III RelevantDefinition of Terms
Chapter IV Procurement Procedures
Chapter V Disclosure of Relations
Chapter VI Alternative Methods of Procurement
DUCATION
ENT AND ACCOUNTANCY
ECIFICATIONS

Item Knowledge - Item Type

Understandin Application - Analysis -
Placement 15% g - 15% 50% 20%

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