ACCLAW102 Business Organizations

Course Code and Title
ACC LAW 102

Business Organizations
Curriculum:
BACHELOR OF
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SCIENCE IN
ACCOUNTANCY
Prepared by: Approved by:
Revision Date: Effectivity Date:
Atty. Froilyn D. Pagayatan, AB Pol. Sci., Concordio S. Quisaot, CPA, llb, MMExM, 2nd Q, AY2021-2022 2nd Q, AY2021-2022
Ll. B., AFP, MBA (Cand.) DMHRM (Cand.)
VISION
Mapúa shall be among the best universities in the world.
MISSION
1. The University shall provide a learning environment in order for its students to acquire the attributes that will make them globally competitive.
2. The University shall engage in publishable and/or economically viable research, development and innovation.
3. The University shall provide state-of-the-art solutions to problems of industries and communities
PROGRAM EDUCATIONAL OBJECTIVES MISSION
Within five years after graduation, graduates of the Bachelor of Business Administration program should 1 2 3
have:
1. Graduates shall become expert in Accountancy and well-rounded professionals.   
2. Provide linkages with top auditing firms for the graduates as they seek higher learning and training   
based on real and present professional experiences.
Program
Educational
Student Outcomes
Objectives
1 2
A To resolve business issues and problems, with a global and strategic perspective using knowledge and technical 
proficiency in the areas of financial accounting and reporting, cost accounting and management, accounting and 
control, taxation and accounting information systems.
B To conduct accountancy research through independent studies of relevant literature and appropriate use of accounting 

theory and methodologies.
C To Employ technology as a business tool in capturing financial and non-financial information, generating reports and 

making decision.
D To apply knowledge and skills that will successfully respond to various types of assessments (including professional 

licensure and certifications)
E To confidently maintain a commitment to good corporate citizenship social responsibility and ethical practiced in 

performing functions as an accountant.
COURSE SYLLABUS
1. Course Code: ACC LAW 102
2. Course Title: BUSINESS ORGANIZATIONS
3. Pre-requisite: ACC LAW 101
4. Co-requisite: None
5. Credit: 3 units
6. Course Description: In this course, the students are taught about the legal requirements and
processes in the registration and operation of the businesses of sole proprietorships,
partnerships, and corporations. Initially, the students are taught about the concept of business
organizations and the common types of business organizations in the Philippines. These
common types of business organizations are compared and their respective advantages and
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disadvantages are discussed. The first business organization that is taught to the students is the
sole proprietorship: its definition, the registration requirements and procedures, its taxation, and
its advantages and disadvantages. Thereafter, the partnership shall be comprehensively
tackled with discussions on the elements of a partnership contract, basic features of a business
partnership, the types and registration of partnerships, obligations of the partners, partners’
obligations to third persons, and dissolution and winding up. The topic of corporations will be
dealt with in the second half of the course. The definition of a corporation, its advantages and
disadvantages, its classes and components will be extensively tackled. The concepts of shares
and shareholders, incorporators, board of directors, corporate officers, and voting in meetings
will be explained. Then, the powers of corporations, mergers and consolidations, and
dissolution of corporations will be examined. There will be focus on the requirements and
processes for registration of sole proprietorships, partnerships, and corporations, with sessions
devoted to simulation of such registration process. The students will also be required to draft
Articles of Partnership and Incorporation and will be given performance tasks that will make
them be familiar with the application forms, supporting documents, and filing and registration
fees involved in the registration of sole proprietorships, partnerships, and corporations. Finally,
current events involving partnerships and corporations, such as the SEC decision revoking the
registration of Rappler will be deliberated and debated on in class.
7. Course Outcomes (COs) and Relationship to Student Outcomes
Course Outcomes Student Outcomes*

After completing the course, the student must be able to: A B C D E
Module 1 – Introduction to Business Organizations, Sole
Proprietorships, Cooperatives, Introduction to Partnerships
1. Evaluate and recommend the most efficient business structure for a D D I D R
business activity.
2. Discern business structures and practices that are compliant with or in D R R R D
violation of the law and regulations.
3. Formulate a reportorial compliance plan for a specific business. D R D D R
Module 2 – Partnerships
4. Evaluate and recommend the appropriate business organization
or vehicle for a particular business endeavor through
understanding of the requirements and processes as well as the D R D D R
advantages and disadvantages of the different business
organizations. D D R D D
5. Apply the laws on business transactions in the analysis of current
events in businesses and be able to critique the actions taken by the
business players or be able to recommend possible future actions.
Module 3 – Corporations
6. Prepare Articles of Partnership and Articles of Incorporation and D D D D R
By-laws.
7. Distinguish the differences in the organizational structure, legal D R R D D
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compliance requirements, and liability exposure among sole

proprietorships, partnerships, and corporations.
 Level: I – Introduced; R – Reinforced; D – Demonstrated
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8. Course Coverage
TLA AT
Week Topics Blended Blended CO

Fully Online Fully Online
In-Person Online In-Person Online
Module 1: Introduction to Business Organizations, Sole Proprietorships, Cooperatives, Introduction to Partnerships
1 Discussion/ orientation of PPT w/ audio Zoom Online Quiz End of discussion 1
BSA program’s PEO and Readings of Civil
PO, Mission/ Vision of the Code legal provisions discussion questions via
school and Grading
system. Recitation Zoom
Introduction to Business
Organization and Sole
Proprietorships
A.Definition of Business
Organizations
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B.Factors in Identifying
Type of Business
Organization
C.Definition of Sole
Proprietorships
D. Requirements and
Processes for
Registration of Sole
Proprietorships
E. Taxation of Sole
Proprietorships
F. Advantages and
Disadvantages of Sole
Proprietorships
2 Partnership: Basic PPT w/ audio Zoom Online Quiz End of discussion 1

Concepts Readings of Civil
A. Definition Code legal provisions discussion questions via
B. Partnership
Distinguished from Co- Recitation Zoom
ownership
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C. Partnership
Distinguished from Trust
D. Basic Features of a
Partnership
E. E. Who May be Partners
F. F. Partnership Capital
G. G. Separate Juridical
Personality
H. H. Formal Requirements
Zoom Online Quiz End of discussion 1,2

Partnership: Types and PPT w/ audio
Registration Readings of Civil discussion questions via
3
A. Types of Partnerships Code legal provisions
B. Registration of Recitation Zoom
Partnerships
4 Obligations of the PPT w/ audio Zoom Online Quiz End of discussion 1,2,3
Partners Readings of Civil
A. Commencement and Code legal provisions questions via
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Termination of discussion Zoom

Partnership Obligations
B. Obligations Regarding Recitation
Capital Contributions
C. Management of
Partnership
D. Liability for Damages
E. Profit and Losses
Sharing
F. Partnership Books and
Information
5 Partners’ Obligations to PPT w/ audio Zoom Online Quiz End of discussion 4

3rd Persons Readings of Civil
A. Firm Name Code legal provisions discussion questions via
B. Liability to 3rd
Persons Recitation Zoom
C. Partners as
Agents of the
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Partnership
D. Conveyance of
Real Property of
the Partnership
J. Notice to
Partnership
K. Liability for
Wrongful Acts or
Omissions
L. Liability for Loss
M. Liability of Partner
by Estoppel
N. Liability of Partner
Admitted Into Existing
Partnership
O. Preference of
Partnerships’ and
Partners’ Creditors
P. Limited
Partnerships
Q. Dissolution and
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Winding Up
Corporations Zoom Online Quiz End of discussion 4,5

A. Definition
B. Advantages and discussion questions via
Disadvantages PPT w/ audio
6 C. Classifications of Readings of Civil Recitation Zoom
Corporations Code legal provisions
D. Components of a
Corporation
E. Classes of Shares
7 Incorporation and PPT w/ audio Zoom Online Quiz End of discussion 4,5
Organization Readings of Civil
A. Number and Code legal provisions discussion questions via
Qualifications of
Incorporators Recitation Zoom
B. Corporate Term
C. Minimum Capital
Stock
D. Authorized,
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Subscribed, Paid-
in Capital Stock
E. Contents and
Form of Articles of
Incorporation
F. Grounds for
Disapproval of
Articles of
Incorporation
G. Corporate Name
H. De Facto
Corporations
I. Corporation by
Estoppel
H. Non-use of
Charter
I. Continuous
Inoperation
8 Management of the PPT w/ audio Zoom Online Quiz End of discussion 4,5
Corporation Readings of Civil
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A. Board of Directors discussion questions via

B. Officers of the
Corporation Code legal provisions Recitation Zoom
C. Meetings
D. Powers of
Corporations
Merger and Consolidation Zoom Online Quiz End of discussion 6

A. Plan of Merger or PPT w/ audio
9
Consolidation Readings of Civil discussion questions via
B. Stockholders’ or Code legal provisions
Members’ Approval Recitation Zoom
C. Effectivity
Dissolution Zoom Online Quiz End of discussion 6,7

A. Methods of PPT w/ audio
Dissolution Readings of Civil discussion questions via
10 Code legal provisions
B. Corporate
Liquidation Recitation Zoom
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Zoom Online Quiz End of discussion

PPT w/ audio
Drafting of Articles of Readings of Civil discussion questions via 7
11 Code legal provisions
Incorporation and By-laws
Recitation Zoom
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9. Lifelong-Learning Opportunities
a. The course teaches the students the process and requirements for registration and reportorial
compliance of sole proprietorships, partnerships, corporations, and cooperatives.
b. The students will learn how to prepare and interpret business contracts.
c. The students will be taught about the basic remedies in case of breach of business contracts.
d. The students will be able to understand the application and maximization of technology with respect to
compliance with requirements of business-related laws.
10. Contribution of Course to Meeting the Professional Component
a. The course will prepare the students for the CPA Licensure Examinations.
b. The students will be taught about legal compliance in business operations and transactions.
c. The course will emphasize on the importance of compliance and professional ethics, especially with
respect to business operations and transactions with legal implications.
d. The course will discuss the recent laws affecting businesses in order that students are kept abreast of
important developments that could affect their work.
11. Textbooks
A. Partnership and corporations: (Law and Application) for business students, 2015 Edition
By: Fidelito R. Soriano
B. Civil Code of the Philippines of De Leon, H., and De Leon, Jr., H. (2016)
12. Other References and Educational Resources
A. Civil Code provisions on Sales, Agency, Partnership, Lease, Loans, Mortgage
B. Revised Corporation Code of the Philippines
C. Cooperative Act of the Philippines
D. Data Privacy Act
E. Electronic Commerce Act
F. Ease of Doing Business Act and Personal Property Security Act
G. Bouncing Checks Law
H. Negotiable Instruments Law
I. Supreme Court website: for the various Supreme Court decisions to be assigned as readings
13. Course Evaluation

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Student performance will be rated based on the following:
Module 1
Assessment Tasks Weight Minimum Average for

Satisfactory
Performance
Quizzes/Assignments 30% 75%
CO #1,2,3 Student Engagement* 20% 75%
Modular Exams 50% 75%
Total 100%
*Recitation, Interactive Participation, Projects
Module 2

Satisfactory
Performance
CO #4,5 Student Engagement* 20% 75%
Total 100%
Module 3

Satisfactory
Performance
CO #6,7 Student Engagement* 20% 75%
Total 100%
The module grades will correspond to the weighted average scores shown below
From (%) To (%) Course Grade

98 100 1.0
95 97 1.25
92 94 1.5
89 91 1.75
86 88 2.0
83 85 2.25
80 82 2.5
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77 79 2.75
75 76 3.0
below 74 5.0
14. Other Course Policies
a. Attendance
According to CHED policy, total number of absences by the students should not be more than
20% of the total number of meetings or 9 hrs for a three-unit-course. Students incurring more
than 9 hours of unexcused absences automatically gets a failing grade regardless of class
standing.
b. Guided Learning Output

Guided learning outputs through various worksheets in each clusters of topics are assigned to
the students. Problems encountered in the worksheets will be discussed in class.
c. Written Examination
There will be 1 modular examinations for each module
d. Language of Instruction
Lectures, discussion, and documentation will be in English. Written and spoken work may
receive a lower mark if it is, in the opinion of the instructor, deficient in English.
e. Dress and Grooming Codes

All of us have been instructed on the Dress and Grooming Codes of the University.
f. Academic Integrity Policy
It is the student’s responsibility to refrain from infractions of academic integrity, from conduct that
may lead to suspicion of such infractions, and from conduct that aids others in such infractions.
Any of the following sanctions may be imposed to any student who is found guilty of committing
online academic dishonesty:
a. Failed mark in the course.
b. Suspension for a period of less than one term, with or without community service.
c. Suspension for a period of one term or more, with or without community service.
d. Non-readmission to the University.
e. Dismissal from the University.
f. Expulsion.
The following are considered academic dishonesty:
1. Using another MyMapua email address to login to any platform (such as BlackBoard and
Coursera) with or without permission.
2. Asking or hiring someone else to do their exams, homework, Coursera course, papers,
projects or other academic requirements.
3. Recording and saving copies of exam questions or answers, or answer keys for distribution.
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4. Receiving copies of exam questions or answers, or answer keys to an exam from someone
who has already taken it.
5. Plagiarizing or the unethical act of stealing the thoughts of another without proper citation or
reference, acquiring information from the Internet without acknowledging the author, copying
from another student’s work without permission and submitting it as own work.
6. Massive, pre-meditated, organized online cheating using instant messaging/email during a
quiz or exam.
7. Any form of dishonesty in peer-reviewed assignments/submissions (e.g. Coursera peer-
graded submissions).
8. Engaging in any activities that will dishonestly improve results, or dishonestly improve or
damage the results of others.
9. Any other form of dishonesty or cheating in any assessment or course requirement.
All students who will violate the Academic Integrity Policy of the university will be given zero
mark for the exam or for the activity, and will be given a failing grade for the course. He or she
will also be referred to the Prefect of Discipline for appropriate sanction.
g. Consultation Schedule
Consultation schedules with the Professor are posted outside the ChE-Chm Faculty room and in
the School’s web-page ( http://che-chm.mapua.edu.ph ). It is recommended that the student
first set an appointment to confirm the instructor’s availability.
h. Appeal system
All appeals on student assessment must be made by the concerned student within one week
after the return of the assessed student work.
In case the student is not satisfied, no later than one week after the decision of the faculty has
been made, he can elevate the appeal to the program chair or dean in case there is no program
chair. The decision of the program chair or dean is final. The faculty must abide with the
moderated decision of the program chair or dean.
15. Course Materials to be Provided to Students
15.1. Syllabus
16. Committee Members

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Course Code and Title

ACC LAW 102

Prepared by: Approved by:

Revision Date: Effectivity Date:

Mapúa shall be among the best universities in the world.

PROGRAM EDUCATIONAL OBJECTIVES MISSION

1. Course Code: ACC LAW 102

2. Course Title: BUSINESS ORGANIZATIONS

3. Pre-requisite: ACC LAW 101

ACC LAW 102

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Revision Date: Effectivity Date:

7. Course Outcomes (COs) and Relationship to Student Outcomes

Course Outcomes Student Outcomes*

ACC LAW 102

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Revision Date: Effectivity Date:

compliance requirements, and liability exposure among sole

ACC LAW 102

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Revision Date: Effectivity Date:

Week Topics Blended Blended CO

ACC LAW 102

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2 Partnership: Basic PPT w/ audio Zoom Online Quiz End of discussion 1

ACC LAW 102

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Zoom Online Quiz End of discussion 1,2

ACC LAW 102

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Termination of discussion Zoom

5 Partners’ Obligations to PPT w/ audio Zoom Online Quiz End of discussion 4

ACC LAW 102

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ACC LAW 102

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Corporations Zoom Online Quiz End of discussion 4,5

ACC LAW 102

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ACC LAW 102

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A. Board of Directors discussion questions via

Merger and Consolidation Zoom Online Quiz End of discussion 6

Dissolution Zoom Online Quiz End of discussion 6,7

ACC LAW 102

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Zoom Online Quiz End of discussion

ACC LAW 102

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10. Contribution of Course to Meeting the Professional Component

12. Other References and Educational Resources

A. Civil Code provisions on Sales, Agency, Partnership, Lease, Loans, Mortgage

B. Revised Corporation Code of the Philippines

C. Cooperative Act of the Philippines

D. Data Privacy Act