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CANADIAN INSTITUTE OF MANAGEMENT

C.I.M. Course Outline

M2A - CANADIAN BUSINESS LAW

TEXT:                          THE LAW AND BUSINESS ADMINISTRATION IN CANADA
                                                       11th Edition - Smyth, Soberman and Easson
                                                       Prentice-Hall of Canada  (now Pearson Education), 2006
                                                       ISBN: 0132042754

Instructor: Craig Stephenson

COURSE DESCRIPTION AND OBJECTIVES
This course is designed to provide the student with an overview of Canadian Business law and an understanding of basic legal terminology. The major emphasis is on contract law, since contracts are the foundation of all commercial transactions.Topics will include a study of the requirements for creating a legally binding contract, as well as some common errors to be avoided.Various types of contracts with special uses will also be examined. The law of contract enforcement will also be reviewed. The primary objective of the course is to give sufficient background in the law to be of assistance for whatever occupation the student may undertake. The outline is intended to support a course of various formats ranging from 36 to 45 classroom hours. The final examination is in addition to these classroom hours.

The following timetable is for reference only.
Actual course calendar will be distributed at the first class.

CLASS
TOPIC
PAGES
DATE
1 Introduction to the Law and Society: An Overview, Torts
Tort Assignment Provided		 Pgs. 1-95
Chapter 1 - 4 		September 12
2 Overview of Contracts and Formation of Contracts Pgs. 96 - 161
Chapter 5 - 7 		September 19
3 Impeaching Contracts Pgs. 162 - 194
Chapter 8 - 9 		September 26
4 Requirements of Writing and Rules of Interpretation Pgs. 195 - 230
Chapter 10 - 11 		October 3
5 Privity, Discharge of Contract, Frustration, Effect of Breach and Remedies
Torts Assignment Due		 Pgs. 231 - 276
Chapter 12 - 13 		October 10
6 Breach of Contract
Contracts Assignment Provided		 Pgs. 277 - 313
Chapter 14 - 15 		October 17
7 Midterm Exam October 24
8 Insurance, Guarantees, Agency and Franchising Pgs. 364 - 409
Chapter 18 - 19 		October 31
9 Contract of Employment and Land Law Pgs. 410 - 437
Pgs. 501 - 524
Chapter 20, 23 		November 7
10 Landlord and Tenant Law and Mortgages
Contracts Assignment Due		 Pgs. 525 - 575
Chapter 24 - 25 		November 14
11 Sole Proprietorships and Partnerships Pgs. 576 - 620
Chapter 26 - 27 		November 21
12 Corporations
Corporations Law Assignment Provided		 Pgs. 621 - 671
Chapter 28 - 29 		November 28
13 Creditors Rights and Remedies
Review		 Pgs. 672 - 725
Chapter 30 - 31 		December 5
14 Exam December 12

CLASS FORMAT

Classes take the form of lectures, discussions of text and problems. Class assignments will be handed out, as they will form part of the course evaluation. A final examination is given at the end of the course. Assignments are due as Follows:

Torts Assignment October 10
Contracts Assignment November 14

TIME COMMITMENT

The following is an estimate of the time commitment required by a student to successfully complete this course:
(a) Class Time (13 Sessions/3 hours) 39 hours
(b) Class Preparation (Est 2 hours per class) 26 hours
(c) Take Home Assignments and assigned work to make up 20% of class mark 15 hours

EVALUATION

The final grade is based on:

Assignments 20%
Midterm 30%
Final Exam 50%
Total Course Mark 100%

NOTE: The final exam will be a combination of short answers, essay and short case study.

NO TEXTBOOKS, NOTES OR SUPPLEMENTARY MATERIAL MAY BE USED DURING THIS EXAMINATION.

Grading Schedule:

A+    90 - 100%
A     80 - 89%
B+    77 - 79%
B     70 - 76%
C+    67 - 69%
C     60 - 66%
F    59.9% and less
INC    Incomplete