FACULTY OF LAW DEPARTMENT OF PRACTICAL BUSINESS LAW BUSINESS LAW 1B LEARNING GUIDE 2023 COURSE CODE: BUL41B1 ACKNOWLEDGEMENTS Author: Advocate HC Schoeman, Department of Mercantile Law Reviewed by: • Mr IR Nel and Miss TA Neuhaus, Department of Practical Business Law (2015) • Miss N Ismail, Department of Practical Business Law (2016) Copyright © University of Johannesburg, South Africa 2012 Apart from any fair dealing for the purpose of research, criticism or review as permitted under the Copyright Act 98 of 1978, no part of this material may be reproduced, stored in a retrieval system, transmitted or used in any form or be published, redistributed or screened by any means electronic, photocopying, recording or otherwise without the prior written permission of the University of Johannesburg. Printed and published by the University of Johannesburg. Table of Contents Action words ...................................................................................................................................... ii Section A: Administrative details .................................................................................................... 1 Section B: Information sheet on academic programme quality .................................................. 9 Section C: Assessment guidelines ................................................................................................ 11 Section D: Course content.............................................................................................................. 12 Annexure I: Study Tips……………………………………………………………….....................…...21 Annexure II: Work Schedule …………………………….……..………………………….....………...27 i Action words Action words that you may be exposed to in this learning guide Apply Put to practical use or make use of a relevant formula or law. Calculate Determine the value, using formulae or specific calculation methods. Classify Compare Group concepts or subjects together based on certain characteristics or commonalities. Point out the similarities and differences between objects or points of view. The word contrast can also be used. Convert Transform a quantity expressed in one unit to a quantity expressed in another unit. Define Give a short and clear description of a term or concept. Demonstrate Show clearly/prove/make clear by reasoning or evidence/illustrate and explain, especially with many examples. Derive Describe Differentiate Discuss Deduce or infer something from the given information. Tell in detail how a process works or how a subject appears. You need not comment on the process or the subject or give your own point of view. Find differences between objects or statements. Explain terms or concepts in your own words. Give comments or give your own point of view. Distinguish Write down the differences between subjects or concepts. Draw Create a drawing, diagram or representation of a subject or concept. Write about the subject in your own words. Clarify or give reasons – it may be Explain useful to use examples or illustrations. You must prove that you understand the content. Formulate Express in a concise, systematic way. Identify Establish the identity or recognise a process. Illustrate Explain by means of detailed descriptions and drawings. Interpret Explain or clarify the meaning of a concept/value. List/Name Briefly write down the facts or main points. Motivate Give reason(s) for your answer. Name Nominate or specify a site or process. Organise Arrange data according to certain criteria. ii Predict Use the facts available to derive an outcome. Relate Show the relation/connection of entities, how the concepts can be linked. Solve Find an answer by using critical thinking and/or calculations. Summarise Briefly state/list/write down only the most important detail/facts. Understand Show insight into or know the meaning/nature of a concept or term; to comprehend. iii Section A: Administrative details Welcome and introductory remarks We welcome you to Business Law 1B. We trust that you will find the course content interesting and that it will you equip you with basic knowledge to deal with potential legal issues that may crop up in your career. It should be noted that it is not our intention, nor is it the purpose of this course, to make lawyers out of you. Business Law 1B carries 16 credits and is presented at the National Qualifications Framework (NQF) Level 6. The purpose of this learning guide is to support your learning process. It serves as an outline of the rules and regulations governing the module, the different learning resources available, and the subject matter content. Your lecturers wish you success during the course of your study with us. Work consistently, study hard and feel free to make an appointment with your lecturer to discuss any concerns with her/him. CARPE DIEM (SEIZE THE DAY)! 1 Contact information Admin: 1. Head of Department: Dr S Ncube sncube@uj.ac.za SWC Office: EK 107, Ellen Kuzwayo Building 011 559 5211 APB Office: H Purple 4 011 559 1628 2. APB admin office: Secretary: H Purple 6 Mrs T Jacobs tertiaj@uj.ac.za 011 559 1628 3. SWC admin office: EK 107, Ellen Kuzwayo Building SWC Lecturers: 1. Dr I-R Nel (Course Co-ordinator) irnel@uj.ac.za 2. Mr T Mafulela EK 104, Ellen Kuzwayo Building 011 559 5745 tulanim@uj.ac.za 3. Dr T Coleman EK 106, Ellen Kuzwayo Building 011 559 5207 tecoleman@uj.ac.za APB Lecturer: 1. Ms DB Kgori H Purple 3 011 559 1617 busik@uj.ac.za 2 SWC Tutors: SWC Tutors’ office: EK 103, Ellen Kuzwayo 1. Luyanda Xulu (Senior Tutor) luyandax.businesslaw@gmail.com Tutor’s to be confirmed APB Tutor: APB Tutor’s office: F Purple 26 To be confirmed 3 My Business Law 1B My lecturer’s information Name: ___________________________ Group: ___________________________ Lecture 1: Day: __________________________ Time: __________________________ Venue: __________________________ Lecture 2: Day: __________________________ Time: __________________________ Venue: __________________________ Consultation hours _______________________________________________________ _______________________________________________________ My tutor’s information Name: ___________________________ Tutorial class Day: ___________________________ Time: ___________________________ Venue: ___________________________ Consultation hours Day: ___________________________ Time: ___________________________ 4 Lecture / work schedule Refer to Annexure II on page 6of this learning guide. Please note that this schedule is merely a guideline. Policies and procedures The UJ’s educational policy, General Regulation and Faculty Regulations, is applicable and is available for scrutiny at the faculty office. 1. Plagiarism Dishonesty and plagiarism are not tolerated and will be punished. • Plagiarism is the verbatim (word-for-word) use of another’s work and presenting it as if it were one’s own. It is important to acknowledge any thoughts, ideas and information which are not your own. It is also important to use a standard form of referencing to provide all relevant information that will help any person who may be interested to read further about the information. As a result, you need to keep an accurate record of collecting your data. • You will be required to cite your source(s), especially when referring to an item within your text. You are also required to indicate the reference where the citation can be found at the end of your work. • The different Faculties and/or departments within the University may require you to use a particular (or different) way of citation. It is therefore important for you to enquire and adhere to the requirements set by the Faculty of Law. • The proper procedures are laid down by the University and the Faculty is responsible for strategies that address means of preventing, monitoring and handling acts of plagiarism. Copyright issues are handled in accordance with DALRO principles and procedures. 5 Grievance procedure You must be able to follow procedures, solve problems and manage conflict. The Faculty of Law’s grievance procedure should be followed in case of any dissatisfaction or grievance. Therefore, firstly, if you experience any problems in this module, please contact the lecturer or course coordinator as soon as possible so that we can find an appropriate solution. If a satisfactory agreement is not reached, you may consult with the Head of the Department, only then with the Dean of the Faculty of Law. 2. Sick tests / Examinations Sick test application forms are available on Ulink or may be obtained from the secretary or faculty officer. The form must be completed in full and the supporting documentation must be attached. Please submit your application together with the supporting documentation at the Faculty office at the Department of Practical Business Law within 7 calendar days after the semester test has been written. 3. Class and tutorial attendance As you will know, time is of the essence and punctuality is, therefore, vital to ensure that time is used optimally. It is important that you personally attend lectures in this course – it is definitely not the ideal to study off other people’s notes! Attending all lectures is very important as we appreciate your active participation, insight and opinions. Moreover, difficult concepts will be explained in class and practical examples will be given used to explain these difficult concepts. You will also be required to attend tutorial classes which you will register for during the first week of the semester. Tutorial class attendance is compulsory and tutors will keep a register of student attendance. In terms of UJ policy, you might be denied entry to the examination if you fail to attend at least 80% of tutorial classes without good cause. The tutorial classes are meant to complement the lectures in order to help you acquire a good understanding of the subject matter. They provide you with an additional opportunity to get clarity on the issues covered during lectures. The tutorial exercises also generally help when preparing for tests and examinations. Further, please take note that whilst your Tutorial Test is the assessment that ordinarily counts towards your final assessment, it remains in the discretion of the Faculty to take into account the results of the tutorial exercise assignments that you will be required to do on a regular basis for purposes of your final assessment. These exercises must be handed in, in person, to your tutor at the beginning of each tutorial. Tutorial exercises will be placed onto ULink. 6 Support services and resources To ensure that you have all the support you need to successfully complete this course, we have made the resources listed below available to you. We are confident that, if you follow our suggestions for studying this course and use all these resources to their full potential, you will do very well. 1. Prescribed material Your prescribed textbook for this course is as follows: 1. H. Schulze et al: GENERAL PRINCIPLES OF COMMERCIAL LAW; 9th edition; 2019; Juta. 2. Additional study material might be provided in class or uploaded onto ULink. 2. Web learning environment: ULink You have to activate your course on the student portal (website) to have access to ULink. Please refer to the logon procedure in the ULink brochure. Please take note of the following: (a) You need to familiarise yourself with UJ’s policy on the use of electronic resources. The Business Law 1B ULink site may only be used for Business Law 1B related issues. Take note that no rude, discriminatory or other abusive language will be tolerated on ULink. Should you be guilty of such conduct, disciplinary procedures may be initiated against you. (b) Any information placed on ULink by lecturers or other Departmental and Faculty personnel is deemed to have been communicated to you in person. It is therefore important that you log on to ULink regularly. (c) Please familiarise yourself with any additional instructions which may be placed on ULink. 3. Library Please contact the librarian for information on different resources available, using the library link on the UJ website or library live on your ULink site. 7 4. Learning Development Workshops Various learning development and language skills workshops may be arranged for you. The aims of these workshops are to assist you with studying and answering questions in an assessment effectively. Please take note of the following if a workshop is arranged: a. Attendance of these workshops is compulsory and a register will be taken. b. The dates of these workshops will be communicated to you via ULink. c. It remains within the Faculty’s discretion to take into consideration your attendance of these workshops for purposes of your final assessment. 8 Section B: Information sheet on academic programme quality Duration of module One semester Purpose of the module A student who completes this module will: (a) be enabled to acquire a basic knowledge and reflective understanding of the prescribed substantive law. (b) be introduced to the South African Legal system and the specific type of contracts that are recognised by South African Law. Teaching and Learning Strategy An integrated teaching and learning approach is followed in this module. This means that learning is facilitated by more than one support source, e.g. face-to-face contact (both your lecturer and tutor), ULink and a Learning Guide – each of which is complementary to the other. Your lecturers, supported by the tutors, are facilitators of the course. Contact time with your lecturer and tutor is limited. As such, it is your responsibility to make use of every opportunity to engage with your lecturer (i.e. lecture times, consultation hours, appointments, etc.) It is not your lecturer’s (nor the tutor’s) responsibility to summarise the textbook for you, nor is it their responsibility to prepare notes for you. You must, therefore, prepare for class (summarise the theory reading) and your lecturers will provide a brief overview of the work in class and the tutors will do exercises with you during tutorials. 9 Composition of module (brief outline) 1. The Contract of Sale 2. The Contract of Lease 3. The Law of Insurance 4. The law of Consumer Protection and the Consumer Protection Act 5. The law of Credit Agreements and National Credit Act 6. The law of Securities 7. Banking Law including Negotiable Instruments and Other Methods of Payment 8. The Law of Insolvency 10 Section C: Assessment guidelines (As per UJ policy and Faculty regulations) Assessment schedule and mark allocation Any changes will be posted on Edulink Semester Test 1 31 August 2023 45% Semester Test 2 05 October 2023 45% Tutorial Test 02nd October – 06th October 2023 10% Semester Mark = TEST 1(45%) + TEST 2 (45%) +TUTORIALS (10%) 100% Examination 30 October 2023 100% Final Mark = SEMESTER MARK (50%) + EXAMINATION MARK (50%) 100% S Examination entrance / Promotion requirements The following information is of vital importance: A sub-minimum of 40% is required to write the examination. This means that both your semester tests and tutorial assessment together have to give an aggregate of at least 40%. If your preexamination semester mark is less than 40% you do NOT qualify to write the examination. If you fail to qualify, you should not sit for the examination and even if you decide on your own to write the examination, your examination mark will not count towards your final assessment. In order to pass this course you need to get an aggregate of 50% (i.e. your semester mark counts 50% and your examination mark counts 50% towards your final mark). Please note that if you get less than 40% in the examination, regardless of your semester mark, you still FAIL the course. Further, for you to qualify to write a supplementary examination, you need an aggregate final mark of between 40% - 49%. 11 Section D: Course Content SPECIFIC TYPES OF CONTRACTS LEARNING UNIT 1 CONTRACT OF SALE – Chapter 13 OUTCOME: Fully understand the South African Law of Sale. ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 1.1 Define the concept “sale”. 1.2 List the three essential elements of a contract of sale. 1.3 Distinguish between the different types of things. 1.4 Discuss and understand the rights and duties of the purchaser and the seller. 1.5 Discuss the aedilitian remedies and actio empti. 1.6 Fully discuss the transfer ownership or possession. 1.7 Distinguish between the various methods of delivery. 1.8 Discuss the legal issues around the purchase price. 1.9 Fully discuss and apply the passing of risk. 1.10 Distinguish sale from other types of contracts. 1.11 Discuss the various formalities required by law. 1.12 Discuss all the obligations of the seller in a contract of sale. 1.13 Discuss all the obligations of the buyer in a contract of sale. 1.14 Discuss the contents of each of the warranties that automatically form part of a contract. 1.15 Discuss the remedies that are available to an aggrieved party in a contract of sale. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law Chapter 13 ULink slides Additional Notes on ULink LEARNING ACTIVITIES Tutorial exercise 1 12 LEARNING UNIT 2 THE CONTRACT OF LEASE – Chapter 14 OUTCOME: Fully understand the South African Law of Lease. ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 2.1 Briefly explain the relevance of lease in South Africa. 2.2 Define the concept “lease”. 2.3 Identify and explain the essential elements of a contract of lease. 2.4 Discuss the formation of a contract of lease. 2.5 Fully discuss each of the duties of the lessor. 2.6 Fully discuss each of the duties of the lessee. 2.7 Fully discuss each of the rights of the lessor. 2.8 Fully discuss each of the rights of the lessee. 2.9 Fully discuss and apply the huur gaat voor koop rule and its legal consequences. 2.10 Discuss the ways in which a lease may be terminated. 2.11 Discuss the renewal of a lease. 2.12 Discuss the statutory protection of tenants. 2.13 Distinguish between subletting, assignment and cession as it relates to contracts of lease. 2.14 Lessee’s right to compensation for improvements. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law Chapter 14 ULink slides Additional notes on ULink LEARNING ACTIVITIES Tutorial exercise 2 13 LEARNING UNIT 3 LAW OF INSURANCE – Chapter 15 OUTCOME: To fully discuss South African law relating to the law of insurance. ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 3.1 Briefly explain the relevance of the law of insurance in South Africa. 3.2 Fully explain the concept of insurance. 3.3 List and explain the sources of South African insurance law. 3.4 Distinguish between indemnity and non-indemnity insurance. 3.5 Discuss the essential elements of an insurance contract. 3.6 Discuss over-insurance, under-insurance and average. 3.7 Calculate the extent of the insurer’s liability in the case of an average clause. 3.8 Discuss double insurance and contribution. 3.9 Explain the concept of subrogation. 3.10 Explain the right to salvage. 3.11 Explain excess fees and increase in premiums. 3.12 Distinguish insurance contracts from other specific types of contracts. 3.13 Fully discuss the duty of good faith. 3.14 Identify the parties to an insurance contract. 3.15 Discuss the statutory protection mechanisms of the insured. 3.16 Discuss the minimum characteristics that an insurance contract will require in order for it to have legal effect. 3.17 Distinguish between insurable interests in indemnity and non-indemnity contracts. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law Chapter 15 Nagel et al Commercial Law 5th edition paragraphs 25.54 – 25.78 ULink slides Additional Notes on ULink LEARNING ACTIVITIES Tutorial exercise 3 14 LEARNING UNIT 4 CREDIT AGREEMENTS OUTCOME: Fully understand the South African Law regarding credit agreements. ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 4.1 Identify previous and current legislation of credit agreements. 4.2 Briefly explain the relevance of credit agreements in South Africa. 4.3 Discuss the objectives of the National Credit Act (NCA). 4.4 Discuss the application of the NCA. 4.4.1 Discuss the general rule regarding the application of the NCA 4.4.2 Discuss the concept of a credit agreement. 4.4.2 Identify the instances where the NCA does not apply. 4.4.3 Discuss the limited application of the NCA where the consumer is a company, close corporation, partnership or trust. 4.4.4 Identify the types of credit agreements that the NCA applies to. 4.4.5 Identify and discuss the different sizes of credit agreements. 4.5 Identify and discuss the duties of the consumer credit institutions. 4.6 Discuss the registration and cancellation of registration of credit providers. 4.7 Discuss the consumer credit policy. 4.8 Identify and discuss credit marketing practices. 4.9 Identify and fully discuss over indebtedness and reckless credit. 4.10 Discuss a suspension order and debt review. 4.11 Identify and discuss unlawful agreements and unlawful provisions. 4.12 Discuss pre-agreement disclosure, form and effect of credit agreements and quotes. 4.13 Discuss the liability for lost or stolen cards. 4.14 Discuss and define the various aspects of the cost of credit. 4.15 Discuss a statement of account. 4.16 Discuss the alteration of a credit agreement. 4.17 Discuss collection, prepayment, surrender, debt enforcement and prescription. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law Chapter 16 ULink slides Additional Notes on ULink LEARNING ACTIVITIES Tutorial exercise 4 15 LEARNING UNIT 5 CONSUMER PROTECTION OUTCOME: To identify, explain and apply the most important concepts relating to consumer protection and important provisions of the Consumer Protection Act (CPA). ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 5.1 Understand the background behind the promulgation of the CPA. 5.2 Discuss the purposes of the CPA. 5.3 Explain the application of the CPA. 5.4 To identify, explain and apply fundamental consumer rights enunciated in the CPA. 5.4.1 Equality 5.4.2 Privacy 5.4.3 To choose 5.4.4 Disclosure & information 5.4.5 Fair & responsible marketing 5.4.6 Fair & honest dealings 5.4.7 Fair, just, reasonable terms and conditions 5.4.8 Fair value, good quality & safety 5.5 Discuss the protection of consumer rights. 5.6 Identify and discuss the two bodies responsible for the enforcement of the Consumer Protection Act. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law Chapter 30, except: 30.2.4.7.2 Notice required for certain terms & conditions (page 525) 30.2.5 Supplier’s accountability to consumers (pages 529 – 531) 30.2.7 Business names (page 532) ULink slides Additional Notes on ULink LEARNING ACTIVITIES Tutorial exercise 5 16 LEARNING UNIT 6 REAL AND PERSONAL SECURITY OUTCOME: To fully understand the law relating to real and personal security. ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 6.1 Briefly explain the purpose of security. 6.2 Distinguish between personal and real security. 6.3 Explain the concept accessory in nature. 6.4 Define the concept “suretyship”. 6.5 Explain the consequences, liability, benefits of suretyship and the rights of a surety. 6.6 List and discuss the various ways to terminate a suretyship agreement. 6.7 Give a brief explanation of the concept of real security. 6.8 Identify and explain the types of real security. 6.9 Discuss the rights and duties of the parties to a pledge. 6.10 Discuss the extinction of a pledge. 6.11 Distinguish between pledge and mortgage. 6.12 Distinguish between tacit mortgages and special mortgages over immovable property. 6.13 Briefly explain liens as a form of security and be able to distinguish different forms of liens. 6.14 Briefly explain hypothec as a form of security and be able to distinguish between two forms of hypothec. 6.15 Define cession to secure a debt and explain the types of cession to secure a debt. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law Chapter 23 ULink slides Additional Notes on ULink LEARNING ACTIVITIES Tutorial exercise 6 17 LEARNING UNIT 7 BANKING LAW OUTCOME: To fully discuss South African law relating to the law of negotiable instruments. ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 7.1 Discuss the bank-customer relationship. 7.2 Discuss the South African Code of Banking Practice. 7.3 Discuss the bank’s duty of confidentiality and secrecy. 7.3.1 Define a cheque, identify the parties to a cheque, and list the elements of a cheque. 7.5 Explain the use and laws relating to credit cards. 7.6 Explain and distinguish a stop order and debit order. 7.7 Define an EFT. 7.8 Explain how an ATM deposit works. 7.9 Define and explain how EFTPOS transactions work. 7.10 Discuss home and internet banking. 7.11 Discuss the operation of smartcards and e-money. 7.12 Identify and explain new payment systems involving payment intermediaries outside the existing bank system. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law 8th edition Chapter 24 – provided on BlackBoard General Principles of Commercial Law Chapter 25, only: • 25.2.1 – 25.2.2 Paragraphs on cheques (pages 422 – 423) • 25.2.5.1 Essential elements of form (pages 424 – 427) General Principles of Commercial Law Chapter 26, only: • 26.2 Credit cards (pages 456 – 460) • 26.4.1 The operation of a stop order (page 465) • 26.5.1 The operation of a debit order (page 466) • 26.7.1 - 26.7.2 Paragraphs on EFT (pages 472 - 473) • 26.7.4 - 26.7.4.2 Paragraphs on ATM’s (pages 474 - 477) • 26.7.5, 26.7.5.1 &26.7.5.3 Paragraphs on EFTPOS (pages 477 - 481) • 26.7.6 – 26.7.6.1 Paragraphs on home and internet banking (pages 481 – 482) • 26.7.7.1 – 26.7.7.3 Paragraphs on smartcards and e-money (pages 482 - 484) • 26.7.7.5 New payment systems and methods involving payment intermediaries outside the existing bank system (pages 486 – 489) • 26.8.1 Cryptocurrencies (page 489 - 490) 18 ULink slides LEARNING ACTIVITIES Tutorial exercise 7 LEARNING UNIT 8 LAW OF INSOLVENCY OUTCOME: To fully discuss South African law relating to the law of insolvency. ASSESSMENT CRITERIA: After completion of this theme the learner must be able to: 8.1 Discuss the concept of insolvency. 8.2 Distinguish between sequestration and liquidation (winding-up). 8.3 Distinguish between an application for voluntary surrender and compulsory sequestration. 8.4 Discuss the requirements to sequestrate a debtor’s estate. 8.5 List and identify acts of insolvency. 8.6 Discuss the consequences of sequestration. 8.7 Discuss the effect of a sequestration on the property of the solvent spouse. 8.8 Identify and discuss impeachable dispositions. 8.9 Define a “trustee”, state their duties and discuss their election and appointment. 8.10 Distinguish between the various kinds of meetings of the creditors. 8.11 Explain the difference between a secured, preferential and ordinary creditors claim. 8.12 Briefly discuss the realisation and division of the estate. 8.13 Explain the concept of composition. 8.14 Discuss the rehabilitation of the insolvent. PRESCRIBED LEARNING MATERIAL General Principles of Commercial Law Chapter 28, except: • 28.13 The winding-up of companies and close corporations (pages 484 – 489) ULink slides Additional Notes on ULink LEARNING ACTIVITIES Tutorial exercise 8 19 SOME TERMINOLOGY ON STATUTES TERM MEANING Interpretation The exercise to find the meaning and/or purpose of legislation Constitution The highest law of the country Legislator The maker of legislation, i.e. Parliament. Delegated Law made by a person other than Parliament, e.g. regulations made by a Minister legislation Retroactive Applies backwards. For example a law is applied to a situation that happened before the law was passed. Statute/Act Legislation Presumptions Assumptions made about the meaning and/or purpose of legislation. 20 ANNEXURE I TIPS ON HOW TO STUDY LAW AND ANSWER TESTS AND EXAMINATIONS: FOR NON-LAW STUDENTS Prepared by: Adv HC Schoeman Senior lecturer: Department of Mercantile Law University of Johannesburg Edited by: Taryn Neuhaus Lecturer: Department of Practical Business Law, University of Johannesburg and Dr Imo-Rhesa Nel Lecturer: Department of Practical Business Law, University of Johannesburg 1. INTRODUCTION Law forms part of the social sciences and is thus based on a strong theoretical knowledge. However, only knowing the theory is NOT sufficient to pass Business Law 1. As such, you need to know the theory to enable you to apply the theory to any given set of facts. To study law differs vastly from how to study other subjects in your course, such as accounting. The latter generally follows a set formula – if you know and understand the formula, you are able to answer all the questions successfully. Law is, however, an ever changing field – new legislation is passed, court decisions play an important role in how to interpret legislation, etc. The fact that you do well in subjects that require numerical aptitude does not, therefore necessarily mean that you will do well in law. As stated above, you need to know and understand the theory that underpins a particular legal concept. Only once you know and understand the rules are you able to apply these rules to a set of facts and answer the question correctly. Remember – different questions require different answers. In a test or an examination the same concept is never tested twice. Thus, read the question carefully and apply the applicable theory to the specific question that is asked. Rambling on about the topic without answering what is asked does not take you any further; your lecturers can see that you have no idea what you are talking about and will not go and search for the answers in your ramblings. 21 HOW TO BE SUCCESSFUL The first rule is to work consistently. You are a full time student. Studying full time is similar to having a job. On average people who are working, work 40 hours per week. You therefore need to spend at least 40 hours a week, including lectures and tutorials, on your studies in order to be successful as you can be. (Some students are geniuses and may require less time in order to be successful. If, however, you do not fall in this category you need to spend much more time in front of your books.) The best advice I can give you is the following: (a) Attend all your lectures, even if you failed the course previously. If you failed, it means that you did not know enough about the subject to pass. Not going to lectures will not help you in any way whatsoever. Moreover, the scope and focus changes annually and you may find yourself in a bind if you did not attend all the lectures. (b) Prepare for both your lectures and your tutorials. This will enable you to ask questions and to follow the discussions fully. (c) Listen! (More is said below). Pay attention to what your lecturer says in class – often if you pay proper attention in class you will actually pick up what may be asked and how the questions may be asked. (d) In the afternoon or evening after your lectures go through your class notes, the textbook and the lecture slides (if available). Make your summaries, mind-maps or whatever else that you use to study. This way the information is fresh in your mind and you can immediately pick up if there is anything that you don’t understand. This also enables you to see your lecturer during her/his consultation hours the same week or the week following the lectures whilst you still remember the work. (If you cannot see your lecturer during her/his consultation hours make an appointment with her/him.) (e) Study law (and your other subjects) everyday. The more time you spend on a subject, the more you understand and remember it more effectively. I know that law is not one of your major subjects. However, you need to pass it in order to obtain your Diploma/Certificate. Moreover, law provides the back-bone for a lot of what you will be studying. You will also be able to use the knowledge that you obtain in law in your personal life (if not when you are a student, when you go into the workplace). (f) Make sure you have your own copy of the textbook. Use the slides as a guideline regarding what the lectures believe to be important. However, the slides alone are not sufficient and you will be expected to have a more in-depth understanding of the work than is possible from a mere studying of the slides. 22 2. HOW TO STUDY EFFECTIVELY1 (a) Manage your time effectively. Not only is it a good skill to have as a student, but it is also important for when you start working. You have a number of courses all of which require that you spend time on them. It is recommended that you do your planning for two weeks at a time. When you need to prepare for a test or the examination, you may need to work out a timetable for a longer period. Work out a timetable and make time for all your courses to study, prepare, etc. Do not deviate from the timetable – even if you are writing a test. If you work consistently throughout the year you only need to recap the work before a test. Other things to take into account: a. Do not study uninterrupted for long periods without taking a break. This does not mean that you study for 10 minutes and take a 20 minute break. It has been found that most people cannot concentrate effectively for more than 40 – 45 minutes. Study or do your exercises for this period, get up and take a short 5 – 10 minute break and then go back to your studies. b. Be realistic in your time management and when you set deadlines. One becomes despondent when you set unrealistic deadlines, for example, giving yourself two hours to study for a law test or examination when you actually need, for example, 10 hours. c. Find out if there are hidden institutional deadlines, e.g. what time the library closes, what time the labs close, etc. Also bear the academic timetable in mind when you do your planning. d. Always bear in mind that there are urgent and important things that may require your attention and disrupt you’re planning. If this happens, set some time aside in the evening or over the weekend to get your programme back on track. e. Give yourself some time off during each week to so something that you like, such as going to the movies, the gym, reading, etc. (b) Lectures, note taking and listening skills. All your lecturers have their own personalities and this will affect their lecturing style. You need to adapt to each lecturer’s own style of lecturing. Your lecturers do not adapt to your personality and style of working. Usually one is able to determine the style and format of the lectures within the first two weeks of the course. a. Although lectures are, to some extent interactive sessions between the lecturer and the student and vice versa, they are largely a passive activity – your lecturer talks 1 Adapted for Business Law 1 (i.e. non-law students) from Bradney, Crownie, Masson, Neal and Newel How to Study Law (4th Ed) Sweet & Maxwell, London (2000), where appropriate. 23 and you need to pay attention. Do not “switch off”! Pay attention as you may lose important information if you don’t listen all the time. I find that I need to write whilst someone else is talking thereby I don’t “switch off”. Some people like to underline the useful information in their textbooks whilst the lecture is in progress. You need to find the best way for yourself to pay attention in class and not to “switch off”. If you are not used to taking down notes whilst someone else is talking you need to practise this skill. It is also a very useful skill that you may be required utilise when you start to work. b. Listening to lectures need to be “active listening”. This means that you take action, e.g. taking down notes whilst your lecturer is talking, and making sure that you understand what is being said. c. Do not become distracted during your lectures. Don’t look at, for example, your cell phone or tweet people whilst you are in lectures. d. Make yourself comfortable in your seat. If your lecturer takes a five minute break between classes, stand up and move your limbs. e. I find that using different colour pens for taking notes or making my summaries helped. For example, headings were in read, sub-headings were in green and the notes were in black. I highlighted important words or phrases in each section, which made the word or phrase stand out. Use whatever tools that works for you. (c) Tutorials a. Attend all your tutorials. Not only is an 80% attendance required to gain entry into the examinations, but the tutorials offer an additional period during which you look at the work that was dealt with in your lectures. b. As with lecturers, tutors also have their own personalities. Again, you need to adapt to their style of tutoring. c. Prepare for your tutorials! This means that you need to go through the section of the work that will be covered in the tutorial before the tutorial. Also, work out the tutorial questions, which are also placed on ULink before the tutorials, prior to going to the tutorial. By so doing you are in a much better position to see if you understand the work or not. If the latter is the case, you can make an appointment with your lecturer or tutor to go through the aspects that you don’t understand again. d. Participate in the tutorial discussion. Not only are the groups smaller than the lecturing groups but it also makes the tutorials (and the subject) more interesting. You will, however, not be able to participate if you don’t prepare for the tutorials effectively – so do it! 24 (d) ULink a. ULink forms an integral part of Business Law 1B. You need to look in ULink regularly to ensure that you are up to date with the information that is made available to you in ULink. b. Please read the information contained in your study guide concerning ULink carefully, especially the notes on what not to do. (e) Learning Development and Language Skills Workshops a. Various learning development and language skills workshops may be arranged for you. b. The aims of these workshops are to assist you with studying and answering questions in an assessment effectively. c. The attendance of these workshops is compulsory and a register will be taken. d. The dates of these workshops will be communicated to you via ULink. e. It remains within the Faculty’s discretion to take into consideration your attendance of these workshops for purposes of your final assessment. 3. TYPES OF QUESTIONS THAT MAY BE ASKED Questions in Business Law are either theoretical in nature or application based. The various types of questions include, but are not limited to, the following: (a) Multiple choice questions (MCQs) i. MCQs can be either theory based or application based. One has to read the question carefully and choose one of the options provided. ii. Students often mistakenly think that MCQs are easy to answer. In fact, they are often more difficult to answer than longer questions as there is only one correct answer in each instance and the options are often very close to the correct answer. iii. Please do not rush through this section of the test/examination! (b) Matching questions i. In matching questions a list of words or phrases is given and one then has to match the word or phrase with the corresponding answer in the other column. ii. Due to the nature of this type of question they are usually theoretical in nature. One must, however, be in a position to differentiate between the various options and know your work very well, otherwise one may battle with this type of question. 25 (c) Short questions i. As the name suggests, short questions often only count one or two marks. They are either theory based or application based. ii. “Name the legal concept” is an example of short questions. One is either given a definition or an example and one must then provide the correct word or phrase of what is being described in the question. iii. True or false questions are also an example of short questions. One must read the statement and then decide whether the statement is true or false and often one is required to provide a reason for one’s answer. iv. Other questions may include, but is not limited to, a straight forward question that merely requires an answer the question. (d) Longer questions i. Again, as the name suggests these questions usually count more than one mark a question and can be either theory based or application based. ii. Often a set of facts is given and one is then required to answer the questions that follow (i.e. an application based question). (e) Other things to remember i. Generally one mark means one legal fact. Thus, if a question counts 10 marks one is required to write down 10 legal facts, unless the question indicates otherwise. ii. Read the question carefully. Determine what is being asked and then answer accordingly. The biggest trick is to determine what is being tested. Once one is able to ascertain this answering of the question is as easy as pie! Good luck with your studies and may you pass with flying colours the first time round! 26 ANNEXURE II WEEKLY WORK SCHEDULE JULY 2023 Paragraphs 17 Contract of Sale 13.1 – 13.2.2 24 Contract of Sale 13.3 – 13.4 AUGUST 2023 WEDNESDAY, 9 AUGUST 2023: PUBLIC HOLIDAY SEMESTER TEST 1: WEDNESDAY, 31 AUGUST 2023 01 Contract of Sale & Contract of Lease 13.5 – 14.4.1.3 07 Contract of Lease 14.2.2 – 14.7.3.2 14 Insurance 15.1 – 15.6 21 Credit Agreements 16.1 – 16.3.8.4 28 Credit Agreements 16.3.9 – 16.3.27 SEPTEMBER 2023 RECESS: 2 SEPTEMBER – 10 SEPTEMBER 2023 05 Recess 11 Consumer Protection 30.1 – 30.2.4.3.8 18 Consumer Protection 30.2.4.4 – 30.2.4.5.11 25 Consumer Protection 30.2.4.6 – 30.2.7 OCTOBER 2023 SEMESTER TEST 2: FRIDAY, 7 OCTOBER 2023 TUTORIAL TEST: 1 OCTOBER - 15 OCTOBER 2023 EXAMINATION: MONDAY, 31 OCTOBER 2023 03 Security 23.1 – 23.3.5 10 Negotiable Instruments 24.1 – 26.8.1 17 Insolvency 28.1 – 28.12 24 Study Period 31 Exam TAKE NOTE: THIS SCHEDULE IS MERELY A GUIDELINE. LECTURERS MAY MAKE REASONABLE CHANGES DUE TO OTHER REALISTIC CONSIDERATIONS. 27