SECOND SEMESTER

ST. VINCENT COLLEGE

LAW ON CORPORATION
Instructor: MARY PRINCESS JERMAINE N.
AND NEGOTIABLE CABARON, CPA

INSTRUMENTS E-Mail: maamprincess03@gmail.com

Phone:
Bachelor of Science in Accountancy Office Add.: Cagamutan Norte, Leganes

Overview Topics Objective/s:

n Prelim At the end of the semester, the student will be
n Midterm able to:
n Finals
1. Understand the law governing
corporation and negotiable instruments.
Grade Requirements 2. Demonstrate competency in legal
provisions governing law on corporation
n Quizzes
and negotiable instruments.
n Interviews
3. Apply the provisions on certain
n Examinations
transactions or situations.

Evaluation Tools:
1. Quizzes
2. Interviews
3. Examinations

Milestones

Prelim Module Midterm Module Finals Module

Topic 1: CORPORATION LAW Topic 1: CORPORATION LAW Topic 1: RIGHTS AND

(1) (2) LIABILITIES OF THE
A. Dissolution PARTIES
A. Bylaws B. Foreign Corporations
B. Meetings A. Holder in due course
C. Stocks and Stockholders B. Kinds of defenses
Topic 2: FORMS OF
D. Corporate Books and NEGOTIABLE C. Liabilities and warranties
Records INSTRUMENT D. General indorser vs.
E. Merger and Qualified indorser
Consolidation
A. Elements of Negotiable
F. Appraisal Right
instrument Topic 2: PRESENTMENT FOR
G. Nonstock Corporation PAYMENT AND
B. Unconditional promise
H. Close Corporations NOTICE OF
or order
I. Special Corporations DISHONOR
C. Payable in sum certain
J. Dissolution
in money
K. Foreign Corporations A. Necessity of presentment
D. Payable on demand
E. Determinable future for payment
time B. Sufficient presentment
C. Place of Presentment

Bachelor of Science in Accountancy 1

THIS IS A PROPERTY OF ST. VINCENT COLLEGE.
ANY REPRODUCTION NOT AUTHORIZED BY THE SCHOOL IS PROHIBITED.
 F. Additional stipulation D. Time of maturity and
not affecting computation of time.
negotiability E. Notice of dishonor
G. Payable to order F. Notice
H. Payable to bearer G. Waiver of notice
I. Incomplete instrument H. Persons affected by
J. Agent and procuration waiver of notice
agent
K. Effect of indorsement by
Topic 3: INSTRUMENT and
minor or corporation OVERVIEW OF BILL
L. Construction or OF EXCHANGE
interpretation of
instruments
A. Discharge of negotiable
instrument
Topic 3: CONSIDERATION B. Discharge of person
AND NEGOTIATION secondarily liable
C. Overview of Bill of
A. Consideration Exchange
B. Negotiation
C. Kinds of indorsement
D. Instrument originally
payable to bearer
E. Striking out
indorsement
F. Transfer without
indorsement

Bachelor of Science in Accountancy 2

THIS IS A PROPERTY OF ST. VINCENT COLLEGE.
ANY REPRODUCTION NOT AUTHORIZED BY THE SCHOOL IS PROHIBITED.