Business Law SS3 Commerce Lesson Note

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

1. Explain the meaning of business law
2. Discuss briefly some of the branches of business law

INSTRUCTIONAL TECHNIQUES: 

• Identification, 
• explanation, 
• questions and answers, 
• demonstration, 
• videos from source

INSTRUCTIONAL MATERIALS: 

• Videos, 
• loudspeaker, 
• textbook, 
• pictures

NOTE

BUSINESS LAW

Business law, also called commercial law or mercantile law, is the body of rules, whether by convention, agreement, or national or international legislation, governing the dealings between persons in commercial matters.

 BRANCHES OF BUSINESS LAW

1. Property law: this deals with the use and ownership of property
2. Contract and commercial law: This deals solely with issues that involve contracts among people
3. Law of Tort: This deals with injuries caused to a person by an individual or a company
4. Inheritance or succession law: this deals with the rights of inheritance of property
5. Family law: This governs the legal aspects of a family such as marriage, divorce, adoption etc
6. Corporate law: This law deals with businesses and shareholders

EVALUATION:   

1. Define business law
2. Discuss some of the branches of business law

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively