Course : Legal Aspect of Business

Course Code : BMKT 22302

Credit Value : 2

Status : Compulsory

Level                           : Level 2

Semester : Semester II

Overall Learning Outcomes: At the end of the session students should be able to;

  1. identify the key legal systems applicable in Sri Lanka and its main branches and their role.
  2. investigate legal consequences/remedies
  3. outline the laws applicable in marketing discipline including special remedies and consequences
  4. build confidence in applying the relevant laws pertaining to a given scenario and provide judgments
  5. recognize importance of laws and regulations related to the marketing discipline when operating in a competitive environment

Course Content :


Topic No.

Topic

Learning Outcomes

Teaching and Learning Method

Method of Assessment

1

Introduction to Business Law


At the end of the session students should be able to;

  1. describe the meaning of commercial law and activities and areas of law
  2. outline the application of English law as a basis of business law in Sri Lanka
  3. explain the meaning of law and its importance to business organizations


Lectures

Group discussions

End Semester Examination Class room discussions and quizzes

2

Sources of Law and Legal System of Sri Lanka

At the end of the session students should be able to;

  1. describe the sources of law and its applications
  2. explain the fundamental concepts relating to law
  3. outline categories of law and explain in brief each category
  4. outline the categories of law with its application to the business context
  5. explain in brief the legal system in Sri Lanka and the judiciary system
  6. identify the fundamental rights of a

Sri Lankan citizen


Lectures

Group discussions with practical problems

End Semester Examination Class room discussions and quizzes

3

Contract Law

At the end of the session students should be able to;

  1. define a contract and the main elements of a contract including capacity to contract, forms of contract and reality of consent
  2. explain the terms of contract (conditions, warranties and exemption clauses) and its effects including mistakes, misrepresentation and undue influence
  3. outline the illegality and its effects
  4. identify methods of discharging the contracts


Lectures

Group discussions with real world case studies and Case Law

End Semester Examination Class room discussions and quizzes

4

Sale of Goods

At the end of the session students should be able to;

  1. describe the form and subject matter of sale of goods contract
  2. explain conditions and warranties applicable to sale of goods contract
  3. be aware of the transfer of risk and the title of a property
  4. outline the remedies available to both the buyer and the seller including rights of an unpaid seller
  5. identify legal implications of higher purchase and leasing
  6. differentiate between CIF and FOB and other regulations related to international trade


Lectures

Group discussions with case law decisions

End Semester Examination Class room discussions and quizzes

5

Intellectual Property Law

At the end of the session students should be able to;

  1. discuss the importance of intellectual property law
  2. describe the concept behind intellectual property
  3. be aware of the Sri Lanka’s intellectual property office’s concept
  4. explain the Evolution of intellectual property law in Sri Lanka
  5. explain the current law in force
  6. appraise the international intellectual property laws and regulations
  7. analyze intellectual property covered in the intellectual property act of 2003


Lectures

Role play Group discussions and case law decisions

End Semester Examination Class room discussions and quizzes

6

Law governing internet, ecommerce and computer crime

At the end of the session students should be able to;

  1. discuss the importance of the internet,

e-commerce and computer crime and

e-commerce related legislations

  1. define computer/technical in legal terms
  2. recognize Sri Lankan legislations on technology
  3. justify e-commerce and electronic related regulations
  4. appraise laws governing computer crime

Lectures

Role play

Group discussions and case law decisions

End Semester Examination Class room discussions and quizzes

7

Law relating to advertising (Commercial litigation)


At the end of the session students should be able to;

  1. describe the legal aspect of marketing and advertising within the Sri Lankan context
  2. discuss the marketing and advertising protected by freedom to speech and issues other than freedom of speech
  3. review case law decisions on advertising and marketing in Sri Lankan context

Lectures

Role play

Group discussions and case law decisions

End Semester Examination Class room discussions and quizzes

8

Labour Law


At the end of the session students  should be able to;

  1. identify the differences between EPF, ETF and PPF including contributions and instances of withdrawing
  2. describe gratuity and its contribution to employees
  3. describe the types of employees, number of hours of employment, facility requirement, maternity benefits and deductions from remunerations covered by the shop and office act
  4. identify the termination procedure and compensation

Lectures Role play

Group discussions and case law decisions

End Semester Examination Class room discussions and quizzes

9

Consumer Law


At the end of the session students should be able to;

  1. describe the legal background of consumer protection in Sri Lanka
  2. explain consumerism and analyze judicial decisions
  3. analyze the Consumer Affairs Authority Act No.9 of 2003

Lectures Role play Group discussions and case law decisions

End Semester Examination Class room discussions and quizzes

10

Law related to financial instruments (Cheque, Credit Cards, bills of exchange etc.)


At the end of the session students should be able to;

  1. describe the meaning, functions and differences between cheques, bills of exchange and promissory notes
  2. appraise the legal principles and commercial significance of cheque
  3. identify holder in due course and presentment


Lectures Group discussions with real world case studies and Case Law

End Semester Examination Class room discussions and quizzes

Recommended Reading        :

  1. Brody David Eliot (1988), “Business & Its Legal Environment”, D.C Heath Company
  2. McKendrick Ewan (2003), Law of Contract, 5th edition, palgrove, McMillan, Hampshire UK
  3. Weerasooriya, W., (2010), A Textbook of Commercial Law (Business Law), 1st Edition, The Postgraduate Institute of Management.
  4. Weerasooriya W. S., (1997), “Law Relating to Banking and Interrelated Services”, 1st edition, The Institute of Bankers of Sri Lanka.
 

Highligts

  • The certificate awarding ceremony of Diploma in People Skills Facilitated by Nestlé Lanka PLC
    News

    Diploma in People Skills is a unique programme offered by the Department of Marketing Management, Faculty of Commerce and Management Studies to its undergraduates focused on soft skills development. In January 2017, Nestlé Lanka PLC; a leading multinational of Sri Lanka which is the world’s...

    (254)
    Read more...
  • Dr. Ravindra Dissanayake has been appointed as the Chairman of the National Think-Tank of Brand-Sri Lanka” Project
    News

     

    Dr. Ravindra Dissanayake, Senior Lecturer, Department of Marketing Management, the Faculty of Commerce & Management Studies of the University of Kelaniya, has been appointed as the Chairman of the National Think-Tank of “Brand-Sri Lanka” project.

    The National Budget of 2017 has proposed that...

    (99)
    Read more...
  • The inauguration ceremony of MBM in Marketing -II Intake
    News

     

    The inauguration ceremony of Master in Business and Management (MBM) in Marketing, (II Intake) offered by the Faculty of Commerce and Management studies, University of Kelaniya was successfully held on 27th of August 2017 at the CPMG Hall of Ananda Patabendige Building in the Faculty of...

    (139)
    Read more...