COURSE INTENDED LEARNING OUTCOMES:
A. Cognitive
1. Assimilate the basic principles and operations of the law on obligations and contracts.
2. Identify the pertinent legal provisions, general principles and concepts underlying the
philosophy of the law applicable to business situations
3. Enhance student’s awareness about obligations and contracts
B. Affective
1. Relate the implications of obligations and contracts to accounting and other business
courses.
2. Develop students’ appreciation about obligations and contracts.
C. Psychomotor
1. Make use of the principles when to seek legal counsel or recommend that it be sought.
2. Boost up students’ knowledge and understanding of the application and implications of
the law on obligations and contracts as it applies to various business situations.
3. Appreciate the operation and application of the provisions of the law in life as well as in
business situations.
REQUIRED TEXTBOOK and RESOURCES:
De Leon, Hector. The Law on Obligations and Contracts. Quezon City. Rex Bookstore.
REQUIREMENTS
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Ten (10) regular face-to-face online schedule of meeting:
(1) Orientation
(2) Term Examinations (Prelim, Midterm, Pre-final and Final Examinations)
(3) Face-to Face classes
(4) As required
Cases or project paper and presentation may be included in the course.
Quizzes, Seatwork, Homework, Recitation
DETAILED COURSE OUTLINE
Week
1
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2
Topic
Classroom Policies
Introduction to Flexible Learning
Platform
Course Introduction
Introduction to Law
1. What is Law
2. National Legal System
2.1 The system of the courts and
administration of justice
2.2 Laws and regulations affecting
enterprise
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Learning Outcome
Develop familiarity with school rules and policies
Develop familiarity with the new learning modality
Discuss the general overview of the course
Set expectations between students and instructor
Assimilate the basic principles and operations of
the law on obligations
Discuss the basic rudiments for enforceable rights
and obligations
Identify and explain the different types of laws, its
scope and jurisdiction
Distinguish the types of law applicable in business
situations
3. Types of Laws
3.1 Constitutional Law
3.2 Administrative Laws and
regulations
3.3 Criminal Law
3.4 Civil Law
3.5 Fiscal Law
3.6 Mercantile (Commercial Law)
3.7 Insolvency and bankruptcy law
4. Nature, purpose, scope and
principles of national legislation,
directives and case law
5. The system of courts and the
administration of justice
6. General legal concepts of
enforceable rights and obligations
3
7. Meaning of Obligation
7.1 Essential Requisites of an
Obligation
7.2 Obligation, Rights and Wrong
Distinguished
7.3 Kinds of Obligations according
to Subject Matter
 Review of General Concepts of Enforceable Rights
and Obligations
 Understand the concept of Obligation in the Civil
Code of the Philippines
 Understand the sources of legal obligations
 Distinguish and explain the different classifications
 Be able to apply the concepts on practical situations
8. Sources of Obligations and their
Concepts
8.1 Law
8.2 Contracts
8.3 Quasi-contracts
8.4 Delicts
8.5 Quasi-delicts
9. Classifications of Obligations
4
10. Nature and Effects of Obligations
10.1 Duties of Debtor and
Creditor in Obligations
10.2 Specific Circumstances
affecting obligations
10.2.1 Fortuitous Events
10.2.2 Fraud
10.2.3 Negligence
10.2.4 Delay
10.2.5 Breach
 Understand the nature and effect of obligations
 Be able to apply the concepts on practical situations