Business Law-200-Course Outline


North
 South University

School of Business-Fall-2010

 

LAW 200: BUSINESS LAW Semester: Fall-2010

Lecturer: Barrister A.M. Masum Mobile : 01552632768

E-mail :masum@northsouth.edumasum@lawyersnjurists.com

Website: www.lawyersnjurists.com

Office: ……

 

Class schedule:

Section-01 MW 8:00 A.M–9:30 A.M (Room: NAC 604)

Section-02 MW 9:40 A.M –11:10 A.M (Room: NAC 309)

 

Office hours: MW Anytime

 

Brief Outline of this Course:

Business law lies at the very heart of commerce in any developed society. It is not only businesses, however, that depend on this area of law. Private individuals or consumers cannot avoid participating in the buying, acquiring, or supplying of goods and services. The basis of these transactions is the business law.

 

Learning outcomes for the module:

Students will be able to:

ü Understand the basic concepts & theories of law associated with business arena in relation to practical life.

ü Demonstrate a knowledge and understanding of the principles involved in the formation of a contract.

ü Understand the remedies for actions of breach of contract and misrepresentation, the effects and remedies where contracts are void and terminated for other reasons.

ü Describe the legal issues surrounding Sale of Goods.

ü learn different types of carriers and their duties, rights and liabilities.

ü Evaluate Companies Act 1994 and Partnership Act 1932.

ü Recognise documentary credit as well as Promissory Note, Bill of Exchange and Cheques.

ü Evaluate dishonor of Cheques under the amended Negotiable Instruments Act, 1881.

ü Evaluate labour laws in Bangladesh.

ü Identify issues in a problem and extract, then apply the relevant legal principles to them.

ü Recognise where principles are unclear and suggest possible solutions.

 

Course requirement:

  • The students will be given class assignments.
  • Students are expected to be punctual.
  • Regular attendance & class participation will carry points.

 

Assessment:

Final-Exam (8th December) 30%
Assignment 2-Mid-Exam ( 3rd November) 20%
Assignment 1 (13th October –by 2:p.m at my Office) 15%
Assignment 3 (1st December- by 2:p.m at my Office) 15%
Declared Exam 10%
Attendance, Participation and Surprise Quizzes 10%

 

Assignments Topic (Examples):

Question 1: The right use of laws and right order in society protect us from crime and encourage the grace of salvation, those in authority must use their authority wisely -Explain & Illustrate.

 

Question 2: Exploring the most appropriate rule of law-with specific reference to world Jurists.

-Explain & Illustrate.

Question 3: “The role of the police is to address all sorts of human problems when and insofar as their solutions do or may possibly require the use of force at the point of their occurrence.” Discuss.

 

Question 4: ‘Offence seriousness should be the primary determinant of sentence. But that does not mean that an offender’s criminal record is irrelevant to sentencing.’ In what ways, if at all, do you think previous convictions should inform sentencing decisions?

 

Question 5: What justifications are there for life sentences? Should they be abolished and replaced by determinate terms of imprisonment?

 

Assignment 1:

Weighting: 15%

Length: 2000 words

Submitting Date: 13th October –by 2:p.m at my Office-(No extension will take place)

Assignment 2 (Mid Term):

Weighting: 20%

Length: 3000 words

Submitting Date: 3rd November -by 2:p.m at my Office (No extension will take place)

Assignment 3:

Weighting: 15%

Length: 2000 words

Submitting Date: 1st December- by 2:p.m at my Office-(No extension will take place)

 

Assignment 1 ,2 & 3:

Your answer should:

ü Identify the relevant legal area

ü Distinguish between relevant and irrelevant facts

ü Show sound application of relevant legal principles and suggest solutions

ü Demonstrate independent legal research

ü Be clearly expressed and presented

ü include a bibliography

ü Your answer should be word processed and MUST NOT EXCEED word limit

 

Examination 1 ,2& 3:

The examination will cover all aspects of the course outline and each will last for one hour thirty minutes.

You must answer all the questions required and follow the instructions laid down in each of the questions.

 

Assessment Criteria:

Your answers should:

ü Identify the relevant legal areas

ü Discern relevant data

ü Show ability to apply relevant legal principles and suggest solutions

ü Demonstrate sufficient preparation

ü Be clearly expressed

ü Be well time- managed

 

Grading Scale:

Latter grading will be assigned according to the following rules on the total points earned at the end of the semester.

score

grade

Grade point

Above 93

A

4

90-92

-A

3.7

87-89

B+

3.3

83-86

B

3

80-82

B-

2.7

77-79

C+

2.3

76-78

C

2

70-75

C-

1.7

67-69

D+

1.3

60-66

D

1

Below 60

F

0

 

SYLLABUS

NUMBER OF LECTURE

TOPIC

2

Legal Framework

  • Definition of law
  • Rule of law
  • Sources of Law

ü Statute

ü Delegated Legislation

ü Judicial Precedent

ü EC law & National law

  • Scope of Commercial Law
  • Court System
  • Legal Person

8

Law of Contract

  • Definition
  • Nature
  • Offer, acceptance, Consideration & Communication
  • Free consent
  • Void, voidable & valid contract
  • Performance of contracts
  • Remedies for breech of contract
  • Indemnity & guarantee
  • Bailment
  • Law of agency

2

Sale of Goods

  • Contract
  • Rights & Liabilities
  • Delivery & Documents of title to goods
  • Conditions & Warranties

1

Carriage of Goods

  • Kinds of carries
  • Common carries
  • Duties, Rights & Liabilities

6

Company & Partnership

  • Formation & Incorporation of company
  • Types of Company
  • Memorandum & Articles of Association
  • Meetings & Resolutions
  • Types of Partnership
  • Relation of partners to third parties
  • Registration & Dissolution of a firm

2

Banking & Negotiable Instruments

  • Definition of Promissory Note
  • Bill of Exchange & Cheques
  • Dishonor of Cheques & Consequences
  • Negotiable Instruments Act, 1881

3

Brief Outline of Labour Laws

  • Factories Act 1976 & 1987
  • Payment of Wages Act 1936
  • Workmen’s Compensation Act 1923

Learning Resources:

Materials to be provided: Articles, extracts.

 

Other Essential Texts:

You will be expected to buy a text book. You may choose from:

1. Business Law : CIMA

2. Business Law: Denis Keenan and Sarah Riches

3. The Indiana Contract Act: Mullah

4. The Law Of Contracts: Noshirvan H.Jhabvala

5. Handbook Of Commercial Law: A.K.Sen

6. Dhar on Company Law & Partnership: Nirmalendhu Dhar

7. Labour And Industrial Law: Prof A.A.Khan

8. Contract Law: Mc Kendrick E.

 

Other Learning Resources:

Access to Library, including:

1. Law Reports; CD ROM

2. Statutes

3. Journals

4. www.lawyersnjurists.com

 

This is one of the Foundations of Law required by the Business arena and in order to gain a qualifying business degree. There is a great deal of material to be covered, in some depth. These materials are designed to give you a solid foundation but you MUST do extra work. You will be given work to do for each class; you should read the materials set out for each topic in advance of the class.

 

This subject is a difficult one so quite a lot is expected of you in terms of depth of knowledge and in analytical skills.