Law 4 Syllabus On Sales and Agency
Law 4 Syllabus On Sales and Agency
Law 4 Syllabus On Sales and Agency
Topics
Orientation
Activities
Lecture
1) Self
Study
Review of Obligations
and Contract Law
2)
Introduction to Sales
Contracts
3)
Agency
4)
5)
6)
7)
8)
Option contracts
Obligation of Seller
Reinforced the
Take Home
concepts and basic Quiz
rules in oblicon
laws to serve as
introduction to
sales
Sales Contract will be Identify key
Quiz
compared and
distinguishing
Graded
contrasted with other characteristics and Recitation
special contracts thru requisites of sales
illustrations
Evaluate various
Identify the
Draft
examples to know the various kinds of Sample SPA
requisites of agency agencies and their
requisites
Evaluate various
Identify who can Quiz
examples to confirm if and who cannot Graded
they conform to the enter into sales
Recitation
requisites of the law contracts; and
on proper parties and evaluate what are
valid subject matters the proper subject
matter of sales
Evaluate various
Identify what are Quiz
examples to confirm if the requisites of Graded
they conform to the valid prices of a Recitation
requisites of the law sales contract,
on price and when
who can decide
time of payment is
the price, and
material
when time of
payment is
required to be
stated in the
contract
Evaluate various
Differentiate
Quiz
examples to analyze Option contracts Graded
the requisites of a
from earnest
Recitation
valid option contracts money from
continuing offers.
Enumerate the
various
obligations of
sellers. Identify
what are the things
buyers can
demand in sales
transaction
9)
Midterm Exam
10)
11)
Delivery
Double Sales
Midterm Exam
Midterm Exam
Midterm
Exam
Quiz
Open Forum
Evaluate various
Explain and
examples to know
contrast the
when there is a
various options for
delivery. Also identify buyers of
the options in case the properties subject
property is sold to
of double sales.
another.
Classify by
hierarchy of rights
who has priority in
double sales.
12)
Installment Sales
Evaluate various
Differentiate the Quiz
examples to know the two installment Graded
circumstances when sales law. Identify Recitation
the protection
the rights of
afforded by Recto
buyers on
Law and Maceda Law installment and
will apply.
apply them to case
scenarios.
13)
Warranties
Evaluate various
Identify the
Quiz
examples to know the default rules as far Graded
express and implied as product
Recitation
warranties and
warranties and
conditions of sales.
condtions
14)
Extinguishment and
Evaluate various
Identify how the Quiz
Redemption
examples to know the sales contract is Graded
instances when
extinguished and Recitation
redemption will apply. discuss the various
kinds of
redemption
15)
Bulk Sales Law and
Evaluate various
Know when
Quiz
Self Study Retail Trade Law
examples to know the foreigners can
Graded
instances when Bulk engage in retail
Recitation
Sales Law will apply. trade. Define what
is Bulk Sales.
Know what are the
conditions
precedent to sales
covered by the
Bulk Sales Law
Credit Transactions
Compare and Contrast
Reports
common securities
contracts
16)
Termination of Agency Evaluate various
Identify the
Open Forum
examples to know the various rules of
consequences of
agencies and their
substitution,
extinguishment
termination and
revocation of agency
16)
Labor Standards
Identify basic
labor rights and
compute
Quiz
Exercises
Computin
g of
Wages/Ov
ertime
17)
Termination
Reports of
the
Summary
of Case
Final Exam
Final Exam
Final Exam
18)
Final Exam
Introduction to course
Overview of subject
Explanation of policies and grading system
Review of Basic Oblicon concepts
Kinds of Obligations
Sources of Obligations
Rules on Fortuitous Events
Rules on Defaults
Rules on Fruits
Rules Extinguishment of Obligations
Defective Contracts
1. Definition of Sales (1458)
2. Characteristic of Sales
3. Distinguished from: Donation, Barter, Contract for piece of work, agency
to sell, dacion en pago, lease
Agency
Requisites
Kinds
Special Power of Attorney
Completeness of Delivery
Time and Place of Delivery
Effect of Delivery (1477)
Double Sales (1544)
Obligation of Buyer
12.5M/12.5F
12.5M/12.5F
25%
25%
100%
Class Policy:
1. Quizzes will be given at the start of classes for topics to be covered for the day
2. If classes are called off or shortened on Friday, then the class will be automatically
students are to wait quietly inside the room even beyond the 15 minute allowance.
4. If the teacher starts class with less than half of the class present, he will give a
5.
6.
7.
8.
surprise quiz. If he comes in later than 15 mins, those present when he comes in can
request a cancel the lowest quiz privilege.
Official attendance will be taken at the start of each class day. Late students will be
marked absent for the first hour but not for the second hour. However, students who
incur more than 9 hours of absences will be given a grade of W.
At the start of the sem, students are required to submit a 3" x 5" index card with 1" x
1" ID picture. Index Card must indicate the name of the students, ID No., the year
and course, high school, landline no., cell phone and email.
Any student who cheat in the exam or is caught plagiarizing a paper or portion
thereof will automatically fail the course.
Make up quiz will be allowed only in very meritorious cases and only if students
make arrangement ahead of time, but in no case more than once in a sem.
Textbook/s:
The Law on Sales, Agency and Credit Transaction Hector S. De Leon 2013
Everyones Labor Code - Cesar Azucena
References:
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