Professional Documents
Culture Documents
200 Buslawreg
200 Buslawreg
200 Buslawreg
COURSE OUTLINE: BUSINESS LAWS AND REGULATIONS (BUSLAWREG) LEAD FACULTY: ATTY. KRIS DYAN CAYABYAB
Vision: To become a role-model catalyst for countryside development and one of the most influential, best-managed Catholic universities in the Asia-Pacific
region.
Mission: To offer accessible quality education that transforms students into persons of conscience, competence, and compassion.
Vision: A leading center of knowledge and learning in the Asia-Pacific region in the field of Business and Accountancy Education.
Mission: To provide high quality and accessible business and accountancy education to the young men and women through a wide range of relevant,
educational experience.
1. Be actively engaged in any the four sectors of the Accounting profession—namely Academe, Commerce and Industry, Government, and Public Practice—
and shall continue to embody the University's core values of Christ-centeredness, Integrity, Community, Societal Responsibility, and Excellence in their
practice of profession.
2. Consistently develop awareness and knowledge of the role of ethics in the accounting profession and in accounting business practices, and shall devotedly
adhere to the Professional Code of Ethics in the practice of the Accountancy profession.
3. Effectively perform both individually and collectively in accomplishing tasks in multi-disciplinary and multi-cultural teams in the national and global settings.
4. Continuously acquire and maintain professional competence through related work experience and continuing professional development (CPD).
5. Commit to adhere to, and advocate for the core values of integrity, professionalism, teamwork, transparency, accountability, and social responsibility not
only within but also beyond the bounds of the profession.
6. Participate in nation-building by rendering valuable community service and outreach through various extension services as contribution to the Filipino
community be it outside the sphere of the profession.
CLO1. Demonstrate knowledge and understanding of the Law on Sales, Agency and Credit Transactions X X
CLO2. Identify and explain the rights and obligations of the parties to the above contract X
CLO3. Explain and analyze how these contracts relate to business transactions X
CLO4. Demonstrate competence in the preparation of the above contracts X X X
Course Description This course deals with the law on sales covering contracts for the sale of goods including nature, forms, and requisites,
distinguished from dacion en pago, cession in payment, contract for a piece of work, and barter; earnest money as
distinguished from option money; rights/obligations of vendee and vendor; remedies of unpaid seller; warranties; sale with a
right to repurchase or conventional redemption and legal redemption; sale on credit; and installment sales (personal property
– Recto law, real property – Maceda law). It also covers the law on agency; its nature, form, and kinds; obligations of the
agent and of the principal; and modes of extinguishments. It focuses on the legal formalities and requisites of a valid contract
of sale, agency and Real Estate Mortgage and Chattel Mortgage and the obligations, liabilities and warranties of the parties in
a contract, including the concept of Recto Law and Maceda Law. At the end of the course the students are expected have a
better understanding on the contract of sales, agency and mortgage its concepts and requisites and pertinent provisions of
the law on credit transactions such as loan, deposit, guarantee, pledge, real mortgage, antichresis, and chattel mortgage,
relevant laws on commerce and trade such Omnibus Investment Code, Foreign Investments Act, and Retail Trade
Liberalization Law.
At the end of the course, the students are expected to demonstrate knowledge and understanding in the following areas –
Law on Sales, Agency, Pledge, Real Estate Mortgage and Chattel Mortgage and imbibe the values of honesty and integrity in
applying the aforementioned laws.
V. Learning Outline
Evaluation of
Time Frame Institutional Course HAU Core Values Teaching
Assessment Learning
Learning Learning Course Content Learning
Tasks Generated/
Week Hours Outcome Outcomes Core Values Sub Values Activities
Outcomes
BUSLAWREG COURSE Attendance 95% of the
OUTCOMES Christ Indicators: students
Centeredness Obedience and enrolled in the
Relevance of the course prayerfulness course must be
in achieving the program present
learning outcomes
Indicators:
CLASSROOM Societal Commitment and Media-
POLICIES Responsibility Involvement supported
Week Attendance lectures or
1 1 hour ISLOs 1 and 2 CLO 1 Assignment PowerPoint
Quizzes and Presentations
major
examinations
Subject final
requirement
Grading System
Academic
Dishonesty
Week 5 ISLOs 1, 2, 3, CLOs 1 LAW ON SALES Christ Indicators: Media- Oral In order to pass,
1-2 hours and 5 centeredness obedience supported examination students must
NATURE AND FORM lectures or obtain a
Elements, requisites PowerPoint Written minimum score
and perfection Excellence Presentations examination of 40% for the
Capacity to buy or Indicators: Canvas following
sell Competence, modules Online assessments:
Earnest money as expertise, Class submissions
distinguished from professionalism discussions Oral
option money Pair and small Draft, present examination
Integrity Indicators: group work or submit
Objectivity, Demonstrations relevant Written
accountability, by teachers documents examination
transparency, and students pertinent to the
conscientiousness Brainstorming discussions Online
submissions
Indicators:
Involvement, Case
commitment, analysis
Societal servant
responsibility leadership,
catalyst of change
Indicators:
Conflict resolution
and Conflict
Management
Community
Indicators:
Conflict resolution
and Conflict
Management
Community
Week 3 ISLOs 1, 2, 3, CLOs 1, 3 EXTINGUISHMENT OF Christ Indicators: Media- Oral In order to pass,
5 hours and 5 SALE centeredness obedience supported examination students must
Causes lectures or obtain a
Conventional Excellence PowerPoint Written minimum score
redemption Indicators: Presentations examination of 40% for the
Legal redemption Competence, Canvas following
expertise, modules Online assessments:
professionalism Class submissions
INSTALLMENT SALES discussions Oral
Recto Law for Integrity Indicators: Pair and small Draft, present examination
personal properties Objectivity, group work or submit
Maceda Law for real accountability, Demonstrations relevant Written
properties transparency, by teachers documents examination
conscientiousness and students pertinent to the
Brainstorming discussions Online
Indicators: submissions
Involvement,
commitment, Case
Societal servant analysis
responsibility leadership,
catalyst of change
Indicators:
Conflict resolution
and Conflict
Management
Community
NON-EXAM SUMMATIVE ASSESSMENT
CLOs 1, 3 CONTRACT OF Christ Indicators: Media- Oral In order to pass,
AGENCY centeredness obedience supported examination students must
lectures or obtain a
NATURE, FORM & Excellence PowerPoint Written minimum score
KINDS Indicators: Presentations examination of 40% for the
Competence, Canvas following
RIGHTS AND expertise, modules Online assessments:
OBLIGATIONS professionalism Class submissions
Agent discussions Oral
Principal Integrity Indicators: Pair and small Draft, present examination
Objectivity, group work or submit
MODES OF accountability, Demonstrations relevant Written
EXTINGUISHMENT transparency, by teachers documents examination
conscientiousness and students pertinent to the
Week 5 ISLOs 1, 2, 3, CREDIT discussions
Brainstorming Online
7-8 hours and 5 TRANSACTIONS Indicators: submissions
Involvement,
BAILMENT commitment, Case
Meaning Societal servant analysis
Parties responsibility leadership,
Kinds catalyst of change
LOAN Indicators:
Commodatum Conflict resolution
- Obligations of and Conflict
bailee and balior Management
Community
Simple loan or
Mutuum
Week 4 ISLOs 1, 2, 3, CLOs 1, 3 DEPOSIT Christ Indicators: Media- Oral In order to pass,
8-9 hours and 5 Definition and kinds centeredness obedience supported examination students must
Voluntary Deposit lectures or obtain a
- Obligations of the Excellence PowerPoint Written minimum score
depositary and Indicators: Presentations examination of 40% for the
depositor Competence, Canvas following
Necessary Deposit expertise, modules Online assessments:
Judicial Deposit professionalism Class submissions
discussions Oral
GUARANTY Integrity Indicators: Pair and small Draft, present examination
Nature and extent Objectivity, group work or submit
Effects accountability, Demonstrations relevant Written
Extinguishment transparency, by teachers documents examination
conscientiousness and students pertinent to the
PLEDGE Brainstorming discussions Online
Definition Indicators: submissions
Subject matter Involvement,
Rights and commitment, Case
obligations of Societal servant analysis
pledgee and pledger responsibility leadership,
catalyst of change
Pactum
Commissorium
Indicators:
Modes of
Conflict resolution
extinguishment
and Conflict
Management
Community
Week 3 ISLOs 1, 2, 3, CLOs 1, 2, 3 MORTGAGE Christ Indicators: Media- Oral In order to pass,
10 hours and 5 Nature centeredness obedience supported examination students must
Kinds lectures or obtain a
Chattel Mortgage Excellence PowerPoint Written minimum score
Real Estate Indicators: Presentations examination of 40% for the
Mortgage Competence, Canvas following
Foreclosure expertise, modules Online assessments:
professionalism Class submissions
ANTICHRESIS discussions Oral
Definition and form Integrity Indicators: Pair and small Draft, present examination
Objectivity, group work or submit
accountability, Demonstrations relevant Written
transparency, by teachers documents examination
conscientiousness and students pertinent to the
Brainstorming discussions Online
Indicators: submissions
Involvement,
commitment, Case
Societal servant analysis
responsibility leadership,
catalyst of change
Indicators:
Conflict resolution
and Conflict
Management
Community
Indicators:
Conflict resolution
and Conflict
Management
Community
Week ISLOs 1, 2, 3, CLOs 1, 2 REPUBLIC ACT NO. Christ Indicators: Media- Oral In order to pass,
14-15 6 and 5 7042 or FOREIGN centeredness obedience supported examination students must
hours INVESTMENT ACT, as lectures or obtain a
amended by Excellence PowerPoint Written minimum score
REPUBLIC ACT NO. Indicators: Presentations examination of 40% for the
8179 Competence, Canvas following
License to do expertise, modules Online assessments:
business professionalism Class submissions
Philippine agent discussions Oral
Percentage of Integrity Indicators: Pair and small Draft, present examination
foreign equity Objectivity, group work or submit
Foreign investment accountability, Demonstrations relevant Written
restrictions transparency, by teachers documents examination
Negative List A conscientiousness and students pertinent to the
Negative List B Brainstorming discussions Online
Indicators: submissions
Involvement,
commitment, Case
Societal servant analysis
responsibility leadership,
catalyst of change
Indicators:
Conflict resolution
and Conflict
Management
Community
Week 3 ISLOs 1, 2, 3, CLOs 1, 4 REPUBLIC ACT NO. Christ Indicators: Media- Oral In order to pass,
16 hours and 5 8762 or RETAIL TRADE centeredness obedience supported examination students must
LIBERALIZATION ACT lectures or obtain a
Retail trade Excellence PowerPoint Written minimum score
Foreign retail Indicators: Presentations examination of 40% for the
Foreign equity Competence, Canvas following
requirement expertise, modules Online assessments:
professionalism Class submissions
discussions Oral
Integrity Indicators: Pair and small Draft, present examination
Objectivity, group work or submit
accountability, Demonstrations relevant Written
transparency, by teachers documents examination
conscientiousness and students pertinent to the
Brainstorming discussions Online
Indicators: submissions
Involvement,
commitment, Case
Societal servant analysis
responsibility leadership,
catalyst of change
Indicators:
Conflict resolution
and Conflict
Management
Community
Other Resources/References
Websites: Civil Code of the Philippines
https://www.chanrobles.com/civilcodeofthephilippines.htm
Cases on the Law of Sales of Goods, Harvard Law Review, June 1925
http://web.b.ebscohost.com/ehost/pdfviewer/pdfviewer?vid=5&sid=ebb057af-a874-423c-858c-b896caee9d3e%40pdc-v-
sessmgr02
The Law of Agency in Comparison: A look at the Civil Law Jurisdictions of the State of Louisiana and the Federal Republic of
Germany, Benedikt M. Luthge, Cardozo Journal of International & Comparative Law, Spring 2013, Vol 21 Issue 3, p697-727
http://web.b.ebscohost.com/ehost/pdfviewer/pdfviewer?vid=5&sid=ebb057af-a874-423c-858c-b896caee9d3e%40pdc-v-
sessmgr02
Ebooks
Students are held responsible for meeting the standards of performance established for each course. Their performance and compliance with other course
requirements are the bases for passing or failing in each course, subject to the rules of the University. The students are expected to take all examinations on the
date scheduled, read the assigned topics prior to class, submit and comply with all the requirements of the subject as scheduled, attend each class on time and
participate actively in the discussions.
Furthermore, assignments such as reports, reaction papers and the like shall be submitted on the set deadline as scheduled by the faculty. Extension of
submission is approved for students with valid reasons like death in the family, hospitalization and other unforeseen events. Hence, certificates are needed for
official documentation. Students assigned by the University in extracurricular activities (Choral, Dance Troupe and Athletes) are excused from attending the
class, however, said students are not excused from classroom activities that coincide the said University activities. Special quiz is given to students with valid
reasons like death in the family, hospitalization and other unforeseen events. Hence, certificates are needed for official documentation. Likewise, special major
examination is given to students with the same reasons above. Attendance shall be checked every meeting. Students shall be expected to be punctual in their
classes. And observance of classroom decorum is hereby required as prescribed by student’s handbook.
Academic Integrity
It is the mission of the University to train its students in the highest levels of professionalism and integrity. In support of this, academic integrity is highly valued and
violations are considered serious offenses. Examples of violations of academic integrity include, but are not limited to, the following:
1.Plagiarism – using ideas, data or language of another without specific or proper acknowledgment. Example: Copying text from the Web site without quoting or
properly citing the page URL, using crib sheet during examination. For a clear description of what constitutes plagiarism as well as strategies for avoiding it,
students may refer to the Writing Tutorial Services web site at Indiana University using the following link: http://www.indiana.edu/~wts/pamhlets.shtml. For citation
styles, students may refer to http://www.uwsp.edu/psych/apa4b.htm.
2. Cheating – using or attempting to use unauthorized assistance, materials, or study aids during examination or other academic work. Examples: using a cheat
sheet in a quiz or exam, altering a grade exam and resubmitting it for a better grade.
3. Fabrication – submitting contrived or improperly altered information in any academic requirements. Examples: making up data for a research project, changing
data to bias its interpretation, citing nonexistent articles, contriving sources.
(Reference: Code of Academic Integrity and Charter of the Student Disciplinary System of the University of Pennsylvania at
http://www.vpul.upenn.edu/osl/acadint.html).
Policy on Absences
1. Students should not incur absences of more than 20% of the required total number of class and laboratory periods in a given semester.
1.1. The maximum absences allowed per semester are:
For subjects held 2x a week, a maximum of 7 absences; and
For subjects held 3x a week, a maximum of 10 absences.
2. A student who incurs more than the allowed number of absences in any subject shall be given a mark of “FA” as his final rating for the semester,
regardless of his performance in the class.
3. Attendance is counted from the first official day of regular classes regardless of the date of enrolment.
Atty. Kris Dyan Cayabyab Ednel Datu, CPA, MBA Sandra Brucal, CPA, MBA
Lead Faculty OBE facilitator Chairperson
Department of Accountancy Department of Accountancy