LEGAL ASPECTS OF BUSINESS AND TECHNOLOGY SYLLABUS | | POKHARA UNIVERSITY

This is the syllabus for the course “Legal Aspects of Business and Technology” for the degree BBA offered by Pokhara University.

Course TitleLegal Aspects of Business and Technology
Course CodeLAW 291
Credit Hours3
Course ObjectiveThis course provides an introduction to Nepalese Law, with a particular emphasis on those aspects of the law that impact business and technology. This course is designed for students with no legal background and serves as an introduction to legal concepts. An important aim of this course is to place business and technology in their proper and prominent legal context. The intention of this course is to prepare students to be successful both personally and professionally in an information based society
Course DescriptionThe course is divided into three distinct sections. The first part deals with the concept of legal environment, sources of business laws, the format, structure and operating practicality of the court system in Nepal.The second part deals with contracts, sale of goods, agency, different forms of doing business, areas of regulatory relationship, and arbitration laws. The final sections include an overview of different types of laws relating to business and technology.
Course Contents
Unit IBasics of Legal Environment and Court System (6 hours)
Concept and importance of legal environment: Nature, types and sources of law; Meaning and sources of business law in Nepal;  The court system structure, powers, organization and jurisdiction of the court systems; Civil procedures in Nepal; Provisions of the Nepalese Constitution pertaining to business; Changing dimensions of legal environment in Nepal.
Unit IINepalese Contract Law (10 hours)
Concept of contract; Valid, void and voidable contracts; Essentials of a valid contract; Offer and acceptance; Consideration; Free Consent; Contingent contract; Performance of contract; Termination of a contract; Breach of a contract and remedies; Meaning of Bailment and Pledge; Rights and Duties of Bailor/Bailee and Pledger/Pledge; Pledge by non-owner; Finder of lost goods;  Discharge of Liability; Contract of indemnity and guarantee; Rights and Duties of surety
Unit IIISale of Goods (4 hours)
Meaning and Feature of the contract of sale of goods; Types of goods; conditions and warranties; Transfer of ownership; unpaid seller; suits of breach of the contract; Performance of the contract of sale of goods.
Unit IVAgency and Business Organization (10 hours)
Law of agency: Creation and modes of agency Classification of Agent- Relation of Principal and Agent, rights and duties of agents, sub-agents, principal, substitute agent; Relation of Principal with Third Party; Personal Liability of agent; Termination of agency; Classification of companies; Formation and incorporation, registration, memorandum and articles of association, prospectus, shares and share capital, borrowing powers debentures, board of directors and board meetings, minutes and resolution, auditing, dissolution, winding up, liquidation; Arbitration powers of arbitrator, duties of arbitrator, revocation of arbitrator’s authority.
Unit VLegal and Regulatory Compliance (5 hours)
Industrial Enterprises Act, Financial Institutions Act, Provisions relating to negotiable instruments, Right to Information Act; Consumer Protection Act. Introduction and major provision of Nepalese Labor, Anti-Money Laundering Laws
Unit VILaws Relating to Information Technology/Intellectual Property (12 hours)
Trade Related Aspects of Property/Intellectual Property-Definition, scope and importance of intellectual property; Types of intellectual property e.g. patent, design, trade mark, industrial design, layout design, integrated circuit

Existing laws on intellectual property in Nepal; WTO’s Treaty on Trade Related Aspects of Intellectual Properties; Agreement relating to transfer of technology (supervisory mechanism licensing and franchising), royalties and compliance of laws; Existing law on cyber law- Electronic Transactions (Digital Signature Attestation) Act 2063 (especially on the crime and punishment); Nepal Telecommunication Act, 2045; Foreign Investment and Technology Transfer Act, 2049
Basic TextsWagle, R. and Pant, K. B. | Legal Environment of Business in Nepal | Ratna Pustak BhandarKalika, S.N. | Business Law, Buddha Academic Enterprises Pvt. Ltd.Albuquerque, D. | Legal Aspects of Business | Oxford University Press, New Delhi.
ReferencesSingh, Y. Cyber Laws, Universal Law Publishing Co., New DelhiRelated Nepal Acts and RegulationsWTO. A Final Act on the Embodiment of WTO, WTO publications, Geneva.

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