Legal Framework in Business (MBA 20)

Course description:

Legal Frameworks in business is a module that provides an insight into and an understanding of the workings of business organizations, including their formation and effect, operations and management. The module explores not only the business entity, but also the practical implications of such entities entering into binding obligations and contracts, the issue of liabilities, and protection conferred on management and investors. This module is primarily concerned with the regulation of organizations whose principle purpose and functions are the undertaking of some business activity. The module recognizes that a considerable amount of business activity is undertaken outside the legal structure of the limited liability company and therefore takes into account various business organizations– the syllabus requires consideration of incorporated and unincorporated associations. Sole trader, partnership and other types of unincorporated association are considered, although the focus of the course is the incorporated company. This reflects the view that the courts borrow principles that relate to other business organizations when developing legal principles to apply to the registered company.

 Learning objectives: The learners in this course are expected to be able to:

 Explain the meaning of law

  1. Explain the business legal framework in Uganda
  2. Apply commercial law subjects to area of work and practice.
  3. Apply the knowledge of contract law to other areas of business law.
  4. Develop theoretical and interdisciplinary understanding of the context, scope and purpose of government regulation of business
  5. Develop in-depth understanding about local labor-management relations, product liability and public policy;
  6. Identify and explain the legal issues arising in some of the main day-to-day dealings of business organizations and provide advice or commentary relating to those issues
  7. Define and discuss the core concepts inherent in the legal structure of business organizations
  8. Interpret the main statutory provision relevant to the areas covered by the syllabus
  9. Demonstrate reading in depth beyond merely the subject guide.