Module Information
Module
Business Law
Program/Track
Academic Year
Advanced Diploma in Accounting and Finance
2014-2015
42 hours / module (Full-time)
36 hours / module (Part-time)
150-200 / module
7.5 ECTS/15 CATS
On successful completion of this unit, students should be able to:
 Understand and appreciate the fundamentals of business law as applied in
Singapore
 Know the context of Contract Law, Law of Sale of Goods, and Company Law
relating to business organization, and the Singapore Code of Corporate
Governance.
 Know the context of the Employment Law, Law of Agency, and Intellectual
Property law
 Critically analyse and evaluate simple legal arguments.
Contact Hours
Total Study Hours
Credits
Learning Objectives
Course Description
Teaching Method
Assessment
Textbook
Bibliography
This module will provide students with the general knowledge and understanding
of the fundamentals of business law in Singapore. It covers major topics discussed
in business law courses providing clear examples and simplified cases. The
module contains many practical points and common clauses when drafting a
contract.
Lectures, case studies and exercises, class discussion
Coursework – 50%; Examination: 50 %
Ravi Chandran; (2010); Introduction to Business Law in Singapore; 4th Edn;
McGraw Hill
Walter Woon; (1997); Company Law; 2nd Edn; Thomson
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Companies Act Cap 50
Companies (Amendments) Act 2003
Companies (Amendments) Act 2004
Code of Corporate Governance
1
Syllabus – Business Law
Contents
Description
Weighting
Part 1 – Introduction to Law
The Essence of Law; legal Jargon; Law of Singapore and the sources;
Civil and Criminal Law; Resolving Civil Disputes; Enforcing Civil
Judgements; Obtaining Legal Advice
Part 2 – Contract Law: Essentials of a Contract
Offer and Acceptance; Consideration; Intention to Create Legal
Relations; Writing; Variation of Contract; Parties to the Contract
Part 3 – Contract Law: II
Terms of Contract and vitiating factors
Terminating a contract and breach of contract
Part 4 – Arbitration and Mediation
Role of Arbitration, Mediation and Conciliation; Differences;
Processes; International Arbitration; Neutrality and Enforceability;
International Commercial Arbitration; the Singapore International
Arbitration Centre (SIAC)
Part 5 – Law of Sale of Goods
Scope of Sale of Goods Act; Implied Terms; Excluding Liability
Imposed by Sale of Goods Act; Liability of the Manufacturers and
Others; Passing of Property; Risk; Delivery; Sale by Persons who is
not the owner; Seller’s and Buyer’s remedies; Consumer Protection
(Fair Trading) Act; International Sales
Part 6 – Employment Law
Contract of employment; Duties of the Employee and Employer;
Termination of Contract of Employment; Discrimination
Part 7 – Law of Agency
The essence of Agency; Agent – Principal Relationship
Principal – Third Party Relationship; Agent – Third Party
Relationship
Part 8- Law Relating to Business Organizations
Sole Proprietorship; Partnership; Companies; Limited Liability
Partnership; Joint Ventures
Part 9 – Company Law
Company formation; Members; Company Secretary and Auditor;
Directors; Winding up; Receivership; Judicial Management
Part 10-Intellectual Property Law
Trade Marks; Patents; Registered Designs; Copyrights
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
2
Lesson Plan – Business Law
Week/ Lecture
1&2
Modules
Chapter
Introduction to Law
1
3
Contract Law: Essentials of a Contract
2
4
Contract Law: II
3
5
Arbitration and Mediation
4
6
Law of Sale of Goods
5
7
Employment Law
6
8
Law of Agency
7
9
Law Relating to Business Organizations
8
10
Company Law
9
11
Intellectual Property Law
10
12
Case study / Presentation / Class tests
13
Revision
14
Revision
3
Assessments – Business Law
A:
Assessment Outline
Assignment/Class test
50%
Final Exam
50%
Total:
B:
100%
Assessments Profile
i.
Assignment/Class test: (50%)
-
ii.
Appointed lecturer to submit assignment/class test as per PM process to be
approved by Exam Board
Students to be communicated on assignment and assessment
outlines/parameters before course and unit commencement.
Students are tasked to submit the assignment/sit class test.
Final Examination (50%) 3 hours
-
Appointed lecturer to submit final exam papers as per PM process to be
approved by Exam Board
Students to be communicated on the final exam and assessment
outlines/parameters before course and unit commencement.
Lecturer will go through with the students and highlight the importance of
relevant topics during the final revision class.
Students are required to sit for the final exam.
4