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Business

BSA 301: The Law on Partnership and Private Corporation


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About

This course deals with the laws governing the information of partnership and corporations. It includes a discussion on the various types of partnerships and corporations, profit sharing among partners, dissolution and liquidation of a partnership, classes of capital stock, powers and obligations of stockholders, rights and liabilities of stockholders, trustees and officers of the corporation. The course also includes a discussion on the law of associations such as clubs.

Number of Units: Three (3)
 
Pre-requisite: Law on Obligations and Contracts
               
Course Objectives:
At the end of the course the students should be able to:
1.      Understand how partnerships and corporations are formed, dissolved and liquidated; and
2.      To know the powers, rights and obligations of the partnership and corporations; partners, directors, and officers.
 
Teaching Materials: De Leon, Hector (2005), The Law on Partnerships and Private Corporations, Rex Bookstore, Manila
 
Course Requirement: Passing the required quizzes and formal examinations and class participation based on attendance, recitations, seat works and assignments.
 
Grading System:
 
Average Quizzes= 1H-20%, 2H-25%                
Formal examinations= 1H-20%, 2H-25%
Others=1H-5%, 2H- 5%
Total= 1H- 45%, 2H-55%                
 
Note: Qualifying grade is at least 81% of raw score or a term mark of 3.0.