MBA 615 LEGAL FRAMEWORK OF BUSINESS
Contact hours: 42
Pre-requisites: None
Purpose: To provide the learner with knowledge of the legal environment in which businesses operate
Specific objectives
By the end of the course the learner should be able to:-
i) Explain the meaning and purpose of law
ii) Explain the sources of law
iii) Explain the concept of legal personality in relation to corporations, partnerships and other unincorporated associations
iv) Identify the various dispute resolution mechanisms
Course Content
Conceptual framework, the concept of legal personality, business ethics and law, consumer protection, employer/employee obligations, business and development, guarantee and indemnity, insurance business, negotiable instruments, agency, partnerships, commercial arbitration and alternative dispute resolution, bankruptcy and insolvency, business at international level.
Teaching / Learning Methodologies: Lectures and tutorials; group discussion; demonstration; Individual assignment; Case studies
Instructional Materials and Equipment: Projector; test books; design catalogues; computer laboratory; design software; simulators
Course Assessment
Examination - 70%; Continuous Assessment Test (CATS) and Assignments - 30%; Total - 100%
Recommended Text Books
i) Mathur (2009); Business Law; Tata Mcgraw Hill
ii) John Rush (2006); Business Law; Thomson Learning
Text Books for further Reading
i) Keith Abbott (2002); Business Law; Thomson Learning
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