Obligation and Contracts

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Obligation and Contracts

Colegio de San Juan de Letran

Intramuros, Manila

College of Business Administration and Accountancy
Accountancy Area
First Semester, School Year 2007-2008

|I. |Course Code |: |LAW 1 |
|II. |Course Title |: |OBLIGATION AND CONTRACTS |
|III. |Course Credit |: |3 units |
|IV. |Course Description |: |This course deals with the basic principles of law in relation to contracts and obligations. It involves discussion of the nature, sources, kinds and extinguishments of contracts and |
| | | |other miscellaneous topics relevant to the course. Topics include general legal concepts of enforceable rights of obligation: types of laws and national legal systems: nature, purpose,|
| | | |scope and key principles of national legislation; sources of obligations; kinds of obligations under the Civil Code; specific circumstances affecting obligations in general (fortuitous|
| | | |events, frauds, negligence, delay and breach of contract); duties of obligor to do or not to do; extinguishment of obligation; general principles of the law of contracts, elements and |
| | | |stages of contracts; freedom from contract and limitation; object of contracts;

References: |Journal of Accounting | | | |Journal Accounting Research |

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