FACULTY OF ECONOMICS AND MANAGEMENT COURSE SYLLABUS LECTURER: MADAM NORAZLA BINTI ABDUL WAHAB COURSE: MGM3351 Room Phone No. Email Consultation hours 019-3069794 norazlaabdulwahab@gmail.com Office hours Course synopsis: This course covers the principles relating to the management of particular business, where a review of the legal basis of business law, such as contracts, agency, partnership, sale of goods, hire-purchase, insurance and negotiable instruments is made, particularly on the aspect of legal rights and liability. Course objectives Students will be able to: 1. apply the legal aspects relating to business and management 2. critically solve the business issues legally 3. distinguish legal rights and liabilities which exist in a particular contract particularly in the field of business and management 4. manage work in groups and able to interact among themselves Course content: CONTENTS WEEKS/ DATE INTRODUCTION TO COMMERCIAL LAW LAW OF CONTRACT INTRODUCTION/FORMATION OFFER WEEK 1 (8-14 SEPT) 2 ACCEPTANCE REVOCATION OF OFFER& ACCEPTANCE WEEK 2 (15/ 21 SEPT) 3 INTENTION TO CREATE LEGAL RELATION CAPACITY TO CONTRACT CONSIDERATION WEEK 3 (22/28 SEPT) 1 NOTES - S 2(d) & Categories Note: The original syllabus and Copyright are the property of Dr. Zahira Mohd. Ishan. However, this syllabus is made with some modification with the consent of the real owner .It is prepared for the benefit of students enrolled in the MGM3351 course. 1/3 4 5 6 8 9 10 11 12 FREE CONSENT/ VOIDABLE AGREEMENT FREE CONSENT/ VOIDABLE AGREEMENT VOID & ILLEGAL CONTRACT VOID & ILLEGAL CONTRACT (cont) CONTENT OF CONTRACT/ 7 - CONSIDERATION (cont) WEEK 4 (29 SEPT-5 OCT) WEEK 6 (13-19 OCT) 19-21 OCT MID SEM BREAK 22-28 OCT DISCHARGE OF CONTRACT REMEDIES Fraud Misrepresentation - Terms of Contract & Implied Terms WEEK 7 (29 OCT-4NOV) WEEK 8 (5-11 NOV ) & TOPICS: OFFER- VOIDABLE AGREEMENT - CONTENT OF CONTRACT DISCHARGE OF CONTRACT WEEK 5 (6-12 OCT) MID SEMESTER TEST - Necessity &Exceptions, Waiver of Performance, Coercion, Undue Influence - Standard Form Contracts Performance - Frustration Damages - Conditions & Warranties LAW OF AGENCY DEFINITION OF AGENT CREATION OF AGENT AUTHORITY OF AGENT DUTIES & LIABILITIES OF AGENT & PRINCIPAL EFFECTS OF AGENT’S CONTRACT TERMINATION OF AGENT WEEK 9 (12-18 NOV) LAW OF PARTNERSHIP DEFINATION CHARACTERISTICS OF PARTNERSHIP WEEK 10 (19-25 NOV) WEEK 11 (26 NOV- 2 DEC) RELATIONS OF PARTNERS INTER SE RELATIONS OF PARTNERS WITH OUTSIDERS PARTNERSHIP PROPERTY DISSOLUTION OF PARTNERSHIP SALE OF GOODS DEFINITION OF GOODS & CLASSIFICATION TERMS OF CONTRACT WEEK 12 (3-9DEC) Note: The original syllabus and Copyright are the property of Dr. Zahira Mohd. Ishan. However, this syllabus is made with some modification with the consent of the real owner .It is prepared for the benefit of students enrolled in the MGM3351 course. 2/3 13 14 TRANSFER OF PROPERTY TRANSFER OF RISK CONTRACTUAL PERFORMANCE BREACH OF CONTRACT & REMEDIES HIRE-PURCHASE DEFINITION FORMATIONS STATUTORY RIGHTS /RIGHTS &OBLIGATIONS OF HIRERS REPOSESSION FINAL EXAMINATION Other topics: - WEEK 13 (10-16 DEC) WEEK 14 (17-20 DEC) 21-23 DEC ALL TOPICS Law of Insurance Definition Formation of Insurance Contract Insurable Interest Law of Negotiable Instruments - Definition - Concept of Negotiability - Types Assessment: 1. Mid Term Test 2. Take Home Quizzes 3. Assignment & Article Review 4. Final examination TOTAL : 15% : 30% : 15% : 40% : 100% References: i- Vohrah, B and Wu Min Aun. (2007). The Commercial Law of Malaysia, Petaling Jaya, Pearson Malaysia Sdn. Bhd. ii- Lee, MP & Detta, IJ. (2009). Business Law, Shah Alam, Oxford Fajar Sdn. Bhd. iii- Harlina & Rozanah (2007), Prinsip Undang-undang Perniagaan di Malaysia, Kump. Usahawan Muslim Sdn Bhd. iv- Shaikh Mohd. Noor Alam b. S.M. Hussain (2002) , Undang-undang Komersil Malaysia, DBP. v- Poole, J. (2006). Textbook on Contract Law, New York, Oxford University Press Inc. vi- Samsar Kamar, L. (2008). Partnership Law in Malaysia, Petaling Jaya, International law Book Services. Statutory References: 1. 2. 3. 4. 5. Contracts Act, 1950 Sale of Goods Act 1957 Hire-Purchase Act 1967 Partnership Act 1961 Bill of Exchange Act 1949 Note: The original syllabus and Copyright are the property of Dr. Zahira Mohd. Ishan. However, this syllabus is made with some modification with the consent of the real owner .It is prepared for the benefit of students enrolled in the MGM3351 course. 3/3