These Business Law (AB1301) notes from the Nanyang Business School cover weeks 1 to 5. They cover the following topics:
- Society, Business and the Law
- Definition & Function of Law
- Making & Application of the Law
- Singapore Legal System
- Sources of Law
- Classifications of Law
- Statutory Interpretation
- Formation of Contracts
- General concepts relating to contracts
- Elements of contract
- Four pillars of contract
- Definition and importance of consideration
- Types of consideration
- Principles or rules on consideration
- Sufficiency of consideration
- Promissory estoppel
- Intention to create legal relations
- Capacity to contract
- Contract Terms
- Contents of Contract
- Types of terms
- Classification of terms
- Parol Evidence Rule
- Incorporation of Terms
- Construction
- Unfair Contract Terms Act
- The ‘Reasonableness Test’
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