This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

BTS1201 - South Africa business law A

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Business and Economics

Organisational Unit

Department of Business Law and Taxation

Offered

South Africa

Second semester 2016 (Day)
Summer semester B 2016 (On-campus block of classes)

Synopsis

An introduction to the South African legal system, its history, structure, sources of law and interpretation of statutes. Particular emphasis is placed on the law as it affects business. This includes the banking law on paying instruments and modes of payment. The law of delict, contract and agency as they affect business are examined. The basic principles of the law of partnerships, companies and other bodies corporate are also introduced. Specific contracts, such as purchases and sales, leases, insurance and credit agreements are dealt with. This unit includes an introduction to various specific aspects of commercial law, including labour law, the law of unjust enrichment, the laws of trust, insolvency and administration of estates.

Outcomes

The learning goals associated with this unit are to:

describe and define the South African legal system, its history, structure and sources of law
explain the basic rules of statutory interpretation
identify, discuss and analyse the application of the law of delict, contract, agency and unjustified enrichment to the range of situations in business
identify, discuss and analyse the application of the law relating to modes of payment to a range of situations in business
distinguish and interpret particular nominated contracts, and analyse and discuss the application of the rules of these nominated contracts to a range of situations in business
list, describe and explain various sundry aspects of commercial law that provide necessary background for accountants and auditors in the business environment.

Assessment

Within semester assessment: 30%
Examination: 70%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Chief examiner(s)

Ms Rufaro Gweshe

Prohibitions

BTW1201