Business Law Revised and Updated
Table of Contents
2.1 Elements of Legal systems
2.1.1. Nature, purpose and classification of law
- Meaning of law
- Nature of Law
- Purpose of law
- Classification of law
- Law and morality
2.1.2 Sources of law
- The Constitution
- Legislation
- Substance of common law and doctrines of equity
- African customary law
- Islamic law
- Judicial precedent
- General rules of international law and ratified treaties
2.1.3 Administrative law
- Meaning of administrative law
- Functions of administrative law
- Doctrine of separation of powers
- Principles of natural justice
- Judicial control of the Executive
2.1.4 The court system
- Establishment, Structure, composition and jurisdiction of courts
- Supreme Court
- Supreme Court
- Court of Appeal
- High court
- Employment and labour court
- Magistrate courts
- Courts martial
- Kadhis courts
Alternative dispute resolutions
- Nature of Alternative dispute resolutions
- General Principles of ADR
- Mediation
- Negotiation
- Conciliation
2.2 Law of persons
- Natural persons
- Nationality, citizenship and domicile
- Unincorporated associations
- Incorporated associations
- Co-operative societies
2.3 Law of tort
- Nature of tort
- Negligence
- General defences in the law of tort
- Vicarious liability
- Strict Liability
- Defamation
- Occupiers liability
- Limitation of actions
2.4 Law of contract
- Definition of contract
- Classification of contracts
- Essentials of valid contract
- Terms of a contract
- Vitiating factors
- Illegal contracts
- Discharge of contract
- Remedies for breach of a contract
- Limitation of actions
2.5 Sale of goods
- Nature of the contract
- Formalities of the contract
- Terms of the contract
- Implied terms by statute
- Rights and duties of the parties
- Auction sales
- International contracts of sale: FAS, FOB, CIF, FCA, CPT, CIP, DAT, DAP, DDP, CFR, DAF, DES, DDU, Ex-works and Ex-ship
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2.6 Hire Purchase Contracts
- Nature of the hire purchase contract
- Difference between hire purchase and conditional sale/credit sale
- Formalities of the hire purchase contract
- Implied terms of the hire purchase contract
- Rights and duties of the parties
- Termination and completion of the hire purchase contract
2.7 Agency
- Meaning, nature of agency contract
- Types of agents
- Creation of agency
- Authority of an agent
- Rights and duties of the parties
- Termination of agency
2.8 Partnership
- Nature of partnership
- Types of partnership
- Rights, duties and liabilities to existing, incoming, outgoing and minor partners
- Management of partnerships
- Dissolution of partnership and its consequences
2.9 Indemnity and Guarantees
- Nature of the contracts
- Rights and duties of the parties
- Termination of contract
- Remedies for breach of contract
2.10 Insurance
- Nature of the contract
- Formation of the contract
- Principles of insurance
- Types of insurance
- Termination of the contract
2.11 Negotiable instruments
- Nature and characteristics
- Negotiability of the instrument
- Types: Cheques, promissory notes, bills of exchange
- Obligations of the parties
2.12 The law of property
- Definition of property
- Classification of property (real and personal, movable and immovable, tangible and intangible)
- Property in land: Private, Public and Community land
- Interests in land: estates, servitudes and encumbrances
- Intellectual property: plant breeder’s patents, trademarks, copyrights and
- Industrial designs
2.13 Emerging issues and trends
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