Colegio de San Juan de Letran Intramuros, Manila College of Business Administration and Accountancy ACCOUNTANCY AREA School Year

2005-2006 I. II. III. IV. Course Number Course Title Credits Prerequisite : : : : LAW 4 Law on Negotiable Instruments 3 units Law 3 This course deals with the provisions of the law on negotiable instruments. It includes discussions on topics on

V.

Course Description : negotiability of the instruments;

functions and kinds of negotiable instrument; construction of ambiguous instrument; forgery and its effect; consideration; accommodation party; manner and consequences of transfer of instruments; striking out endorsements; requisites of holder in due course; defense of the parties; discharge of negotiable instruments and the parties secondarily liable, liabilities of the parties, effects of alteration; and other kinds of instruments such as promissory notes and bills of exchange. VI. Course Rationale essential to know : Real life situations in business organizations expose us to different types of negotiable instruments. Therefore, it is the discussion of topics on negotiability o0f the instruments, forgery and its effect, rights of the holders, liabilities f the parties and kinds of instruments. VII. Course Objectives A. General Objective : At the end of the course, the students are expected to interpret the implications of the law on negotiable instruments to day-to-day living.

B. Specific Objectives: Cognitive : know the meaning and nature of negotiable instruments; identify the rights and liabilities of the holders; explain how liabilities for negotiable instruments are discharged; analyze the effects of alteration on negotiable instruments. : : Inculcate among the students the value of honesty and integrity in applying the law on negotiable instruments. Handle simple cases on negotiable instruments

Affective Psychomotor

Specific Objectives

Subject Matter

Values Integrated

Strategies/ Teaching Methodology Lectures Case analysis Board Work

Instructional Materials

Evaluation

Time frame

Expected Outcome

Explain the applicability of the 1. Negotiable Instruments in Awareness negotiable instruments. General Honesty

Books Quiz Newspapers Recitation Supreme Court Seatwork Records Annotated (SCRA) Phil. Reports

1st to 9th Week

Explained the applicability of the negotiable instruments.

Describe the characteristic and feature of negotiable instruments.

1.1 1.2 1.3 1.4 1.5

Discuss the meaning, nature and methods of endorsement.

1.6

Form and interpretation Consideration Negotiation Rights of the holder Liabilities of the parties Presentation for payment

Appreciation of the negotiability of instruments.

Described the characteristic and feature of negotiable instruments. Discussed the meaning, nature and methods of endorsement.

Integrity

COMMUNITY INTEGRATION

SERVICE Common forms of negotiable instruments. Honesty Integrity Awareness Appreciation Lectures Presentation of actual negotiable instruments. Books Newspapers Quiz Gave students opportunity to explain the importance of negotiable instruments in the adopted community.

Give students opportunity to explain the importance of negotiable instruments in the adopted community.

MID-TERM EXAMINATION

Identify the different forms of 2. Bills of Exchange Integrity bills of exchange. 2.1 Form and interpretation 2.2 Presentation for acceptance\ 2.3 Protest 2.4 Acceptance for Enumerate the different types of Honor checks. 2.5 Payment for Honor 2.6 Bills in set

Lectures Case analysis Board Work

Books Quiz Newspapers Recitation Supreme Court Seatwork Records Annotated (SCRA) Phil. Reports

11th to 18th Identified the week different forms of bills of exchange.

Enumerated the different types of checks.

COMMUNITY INTEGRATION

SERVICE 2.7 Promissory and checks notes Reliability Integrity Honesty Lectures Case analysis Board Work Books Quiz Equipped the students with basic knowledge on bills of exchange that they may apply to the adopted community.

Equip the students with basic knowledge on bills of exchange that they may apply to the adopted community.

2.8

General Provisions

3. Documents of Title FINAL EXAMINATION

III. Grading System: MIDTERMS CLASS STANDING QUIZZES MIDTERM EXAM 30% 30% 40% FINALS CLASS STANDING QUIZZES FINAL EXAM 30% 30% 40%

MIDTERM GRADE 100% FINAL GRADE : MIDTERM

PRE-FINAL GRADE 100% 50% + PRE-FINAL GRADE 50% = 100%

IX. Course Policies: Policies on attendance and academic dishonesty are found in the Student Handbook. In case of missed examination and assignments, the student is given the chance to make-up within a week from the day he/she reported, otherwise, it will be equivalent to 50%. X. References: Hector de Leon. Negotiable Instruments - Latest Edition Annotated. Negotiable Instruments Law