Business Associations is a compulsory subject in the Bachelor of Laws program offered by the Faculty of Law. This subject introduces students to the law regulating commercial associations. It examines the law of principal and agent, partnerships, franchising, joint ventures, and incorporated and unincorporated associations. It also introduces students to the incorporation process and the concept of corporate personality, share capital, promoters, pre-registration contracts, corporate capacity, the authority of corporate organs and agents and the use of trusts in commercial enterprises.
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.