FOUNDATION 2
BUSINESS LAW
Content
Definition, scope and sources of Business Law
- The meaning of Business Law
- The scope of Business Law
Classification of Contract
- The definition of contract
Essentials of a valid contract
- Privity of Contract
- Discharge of contract
- The difference between more arrangement and agreement in Law
- The importance of the Law of contract
- Classification of contract with examples
- Remedies for breach of contract
Vitiating elements
- Meaning of vitiating factors
- Types of vitiating factors. (Illegality, mistake, duress, misrepresentation, undue influence, fraud, frustration etc)
- The effect of vitiating factors
Agency and Hire Purchase
- Definition of Agency
- Types of Agency
- Authority of an Agent
- Duties of a Principal and Duties of an Agent
- Termination of Agency Relationship
- What is Hire Purchase and Credit Sale Transactions
- Formation of Hire Purchase Contract
- The effect of Hire Purchase Account on the Common Law Position
- Conditions and Warranties under Hire Purchase Contract
- Termination of Hire Purchase Contract
Intellectual Property
- Patent & Design
- Copyright
- Trade Mark
Sale of Goods
- What are goods?
- Transfer of Property, Risk and Title
- Merchantability, and other implied express terms in a contract of sale, i.e. right to title, right to sell, fitness for purpose, etc.
Banking: Negotiable Instruments
- What is Bill of Exchange?
- What are Negotiable Instruments?
- Cheques
- Promissory Notes
- Liabilities for Forgery
- Circumstances where a Bank can refuse to honor a cheque
Insurance Law
- What is Insurance Contract?
- Types of Insurance
- Formation of Insurance Contract
- Basic Principles i.e. Insurable Interest, Indemnity, Subrogation
- Double Insurance and Ratable Proportion, Reinsurance etc.
Types of Business Organizations
- Sole Proprietorship
- Partnership
- Corporations
- Comparison of the three business organizations
- Advantages and disadvantages of each
- Rights and Duties of Partners
- Nature, Formation, Types and Powers of Corporations
- Corporate attributes
- Corporate powers and liabilities.
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PROFESSIONAL 2
NIGERIAN LABOUR LAW
Employee’s Compensation Act 2010
Contemporary Case Studies and Scenario Learning
- Introduction
- A Historical Overview of Labour Law in Nigeria
- Received Laws – Freedom of Contract
- Guided Intervention -1968
- Individual Contract of Employment
- Definition – Nature
- Contents – Rights and Obligations of Employer and Employee
- The Labour Act
- Health and Safety at Work
- Common law duty of employer
- Statutory duties
- Factories Act
- Liability and Compensation for Industrial injuries
- Negligence – Defenses
- Employees Compensation Act 2010
- Collective Labour Relations
- Freedom of Association and the Right to Organize
- Legal status of trade unions
- Trade Unions and their members
- Trade Unions Acts
- Collective Bargaining and Trade Union Recognition
- Casual Employment, Contract Staff and Trade Union
- Settlement of Trade Disputes
- What is a trade dispute?
- Trade disputes and industrial actions
- Strikes, Lockouts
- Trade Union Immunity
- Statutory procedure for the settlement of trade disputes
- The Trade Disputes Acts, Trade Dispute [Essential Services] Act
- Institutions for the settlement of trade disputes – IAP and NIC
- The Role of the Minister of Employment, Labour and Productivity
- Globalization and Corporate Governance
- Employment Law
- Performance Management
- Emotional Intelligence
- Competency Framework under career mapping
- Nigerian Legal System
- Facts and Statistics about the legal system in Nigeria
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