MIDLANDS STATE UNIVERSITY DEPARTMENT OF HUMAN RESOURCE MANAGEMENT BUSINESS LAW ONE - HRM 215 COURSE OUTLINE - 2010 1. MEANING OF LAW Definition of law, purpose or function of law, Criteria or principles of a just law, Classification of law 2. SOURCES OF LAW Common law, Customs, Legislation, Jurists/Authoritative works, Case law/ Judicial Precedence/Judge made law Doctrine of stare decisis, ratio decidendi, obita dicta 3. HIERARCHY , STRUCTURE AND JURISDICTION OF ZIMBABWEAN COURTS Community, Magistrate, High and Supreme Court 4. LAW OF CONTRACT definition essential elements of a valid contract rules of offer and acceptance terms of a contract-implied, express, special, signed and unsigned documents contracts induced by duress, undue influence and misrepresentation contractual capacity termination/discharge of contracts types of breach remedies for breach of contract 5. SPECIAL CONTRACTS contract of sale-essential elements, passing of ownership and risk, duties of buyer and seller, delivery, voetstoots sales, breaches and remedies lease-definition, duties of lessor/landlord and lessee/tenant, landlord’s tacit hypothec, hoor gaat voor koop, termination of lease agreements agency-creation of agency, agency authority, types of agents, duties and rights of agents, termination contract of employment-definition, duties of the employer and employee, vicarious liability, contracts in restraint of trade, termination partnership-definition, formation, types of partnerships, distinguishing a partnership from a company, partners as agents, duties and rights of partners, termination and effects of termination property-definition and classification of things, real and personal rights, acquiring ownership insurance-definition, insurable interest, good faith, indemnity principle, proximate clauses, doctrine of subrogation and salvage, warranties and conditions,