Course Syllabus - Bus Org 1 2021
Course Syllabus - Bus Org 1 2021
Course Syllabus - Bus Org 1 2021
College of Law
Ateneo de Davao University
Jacinto Street, 8000 Davao City
A. Course Description:
This course provides for an in-depth study of the legal provisions relating to Partnerships, Trusts and
Agency. Case laws are also discussed to provide proper understanding of how these laws are applied in the
resolutions of conflicts. These civil law concepts are particularly discussed within the bounds of commercial
dealings.
B. Course Objective/s:
C. Course Policies:
• Instructions and updates will be posted via Google Classroom. Each student is expected to have a
gmail account.
• Online discussions will be done through ZOOM cloud meetings or Google Meet. The instructor will
send via Google Classroom the corresponding meeting IDs and passwords at the start of the week.
• Questions will be posted via Google Classroom every week to serve as guides for online
discussions.
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Ateneo de Davao University – College of Law
Syllabus for 2021-2022 (Atty. Raymund Christian S. Ong Abrantes, CPA)
• Online discussions will be done at least 2 hours per week. Students are expected to attend the
online discussion fully prepared.
• Recitations will be graded.
• Written Exam will be via Profpros.com
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Ateneo de Davao University – College of Law
Syllabus for 2021-2022 (Atty. Raymund Christian S. Ong Abrantes, CPA)
5. Limited Partnerships
a. History
b. Concept of Limited Partnership (Art. 1843)
c. Business reason and purpose of statutes authorizing limited partnerships
d. Differences between a general partnership and limited partnerships
e. Formal requisites (Art. 1844)
f. Limited partner’s contribution (Art. 1845)
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Ateneo de Davao University – College of Law
Syllabus for 2021-2022 (Atty. Raymund Christian S. Ong Abrantes, CPA)
g. Effect where surname of limited partner appears in partnership name (Art. 1846)
h. Liability for false statement in certificate (Art. 1847)
i. Liability of limited partner for participating in management of partnership (Art. 1848)
j. Admission of additional limited partners (Art. 1849)
k. Rights, powers, and liabilities of a general partner (Art. 1850)
l. Rights, in general, of a limited partner (Art. 1851)
m. Status of defective limited partnership (Art. 1852)
n. One person, both a general partner and a limited partner (Art. 1853)
o. Loan and other business transactions with limited partnership (Art. 1854)
p. Preferred limited partners (Art. 1855)
q. Compensation of limited partner (Art. 1856)
r. Requisites for return of contribution of limited partner (Art. 1857)
s. Liabilities of a limited partner (Art. 1858)
t. Rights of assignee of limited partner (Art. 1859)
u. Effect of retirement, death, etc. of a general partner (Art. 1860)
v. Right of executor on death of a limited partner (Art. 1861)
w. Rights of creditors of limited partner (Art. 1862)
x. Dissolution of a limited partnership (Art. 1863)
y. When certificate shall be cancelled or amended (Art. 1864-1865)
z. Nature of limited partner’s interest in firm (Art. 1866)
6. Joint Ventures
a. History
b. Nature of Joint Ventures in the Philippine Setting
i. Aurbach vs Sanitary Wares
c. Joint Venture Characteristics
d. Legal Forms in JV Structure
e. Factors in selecting a form of JV Structure
f. Governing Law and Language
g. Financing Joint Ventures
h. Typical example of JV under Private Public Project
7. Law on Trusts
a. Concept of Trust
b. Parties to a Trust Transaction (Art. 1440)
i. Gilbert G. Guy vs. Court of Appeals, et al., G.R. Nos. 165849, 170185, 170186,
171066 & 176650, December 10, 2007
c. Kinds of Trusts
d. Characteristics of Trust
e. Nature of Trust
f. Express Trust (Art. 1443, Art. 1444, Art. 1445)
i. Maria G. De La Cruz vs. Court of Appeals, G.R. No. 76590, February 26, 1990
ii. Irene Marcos-Araneta, et al. vs. Court of Appeals, et al., G.R. No. 154096, August
22, 2008
iii. Heirs of Maximo Labanon, et al. vs. Heirs of Constancio Labanon, et al., G.R. No.
160711, August 14, 2007
iv. Estate of Edward Miller Grimm v. Estate of Charles Parsons and Patrick C.
Parsons, G.R. No. 159810, October 9, 2006
v. Benigna Secuya vs. De Selma, G.R. No. 136021, February 22, 2000
g. Distinction: Express Trust v Resulting Implied Trusts
h. Kinds of Implied Trusts (Art. 1447-1456)
i. Alejandro B. Ty vs. Sylvia S. Ty, G.R. No. 165696, April 30, 2008
ii. Rodolfo Tigno vs. Court of Appeals, G.R. No. 110115, October 8, 1997
iii. Ricardo and Milagros Huang vs. Court of Appeals, G.R. No. 108525, September
13, 1994
iv. Herminia L. Ramos vs. Court of Appeals, G.R. No. 108121, May 10, 1994
v. Bernardo De Los Santos vs. Faustino B. Reyes, G.R. No. 45027, January 27, 1992
vi. Natividad P. Nazareno vs. Court of Appeals, G.R. No. 138842, October 18, 2000
vii. Horacio G. Adaza vs. Court of Appeals, G.R. No. 47354, March 21, 1989
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Ateneo de Davao University – College of Law
Syllabus for 2021-2022 (Atty. Raymund Christian S. Ong Abrantes, CPA)
viii. Imelda A. Nakpil vs. Intermediate Appellate Court, G.R. No. 74449, August 20,
1993
ix. Jovita Yap Ancog vs. Court of Appeals, G.R. No. 112260, June 30, 1997
x. Ramon B. Brito, Sr. vs. Severino D. Dianala, et al., G.R. No. 171717, December
15, 2010
xi. Heirs of Sps. Teofilo and Elisa Reterta vs. Sps. Lorenzo and Virginia Mores, G.R.
No. 159941, August 17, 2011
xii. Heirs of Domingo Valientes vs. Reinerio (Abraham) B. Ramas, et al., G.R. No.
157852, December 15, 2010
xiii. Richard B. Lopez vs. Court of Appeals, et al., G.R. No. 157784, December 16,
2008
xiv. Heirs of Pomposa Saludares vs. Court of Appeals, G.R. No. 128254, January 16,
2004
xv. Sps. Godofredo and Carmen Alfredo vs. Sps. Armando and Adelia Borras, G.R.
No. 144225, June 17, 2003
xvi. Tiburcio Samonte vs. Court of Appeals, G.R. No. 104223, July 12, 2001
xvii. Marino Adriano vs. Court of Appeals, G.R. No. 124118, March 27, 2000
xviii. Hortizuela v. Tagufa, G.R. No. 205867, February 23, 2015
xix. Heirs of Zoilo Espiritu, et al. vs. Sps. Maximo and Paz Landrito, G.R. No. 169617,
April 3, 2007
xx. PNB vs. Ciriaco Jumamoy, et al., G.R. No. 169901, August 3, 2011
xxi. Estate of Margarita D. Cabacungan vs. Marilou Laigo, et al., G.R. No. 175073,
August 15, 2011
8. Law on Agency
a. Characteristics (Art. 1868)
i. Chemphil Export & Import Corporation vs. Court of Appeals, G.R. Nos. 112438-39,
December 12, 1995
ii. Filipinas Life Assurance Co. vs. Clemente N. Pedroso, et al., G.R. No. 159489,
February 4, 2008
iii. Eurotech Industrial Technologies vs. Edwin Cuizon, et al., G.R. No. 167552, April
23, 2007
iv. Violeta Tudtud Banate, et al. vs. Phil. Countryside Rural Bank (Liloan, Cebu), Inc.,
et al., G.R. No. 163825, July 13, 2010
b. Creation of Agency
c. Implied vs Agency by Estoppel
i. Yun Kwan Byung vs. PAGCOR, G.R. No. 163553, December 11, 2009
d. Sale of Land or interest therein (Art. 1874)
i. Estate of Lino Olaguer, et al. vs. Emiliano M. Ongjoco, G.R. No. 173312, August
26, 2008
ii. Mactan-Cebu International Airport Authority v. Unchuan, G.R. No. 182537, June 1,
2016
e. Broker vs Agent
f. Kinds of Agent
g. When special powers of attorney necessary (Art. 1878-1883)
i. Woodchild Holdings vs. Roxas Electric & Construction Co., G.R. No. 140667,
August 12, 2004
ii. Shopper's Paradise Realty & Development Corp. vs. Efren Roque, G.R. No.
148775, January 13, 2004
iii. Dominion Insurance Corp. vs. Court of Appeals, G.R. No. 129919, February 6,
2002
iv. Guillermo Adriano vs. Romulo Pangilinan, G.R. No. 137471, January 16, 2002
v. People of the Phil vs. Jaime Carpo, G.R. No. 132676, April 4, 2001
vi. Gloria A. Anacleto vs. Alexander Van Twest, G.R. No. 131411, August 29, 2000
vii. Loyola Security and Detective Agency vs. National Labor Relations Commission,
G.R. No. 113287, May 9, 1995
viii. Lillian N. Mercado, et al. vs. Allied Banking Corp., G.R. No. 171460, July 27, 2007
ix. Mactan-Cebu International Airport Authority v. Unchuan, G.R. No. 182537, June 1,
2016.
h. Kinds of Principal
i. Obligations of the Agent (Art. 1884-1909)
i. BA Finance Corporation vs. Court of Appeals, G.R. No. 82040, August 27, 1991
j. Authority vs Instructions
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Ateneo de Davao University – College of Law
Syllabus for 2021-2022 (Atty. Raymund Christian S. Ong Abrantes, CPA)
k. Sub-agent
i. Spouses Villaluz vs Land Bank of the Philippines and ROD for Davao City, GR.
No. 192602, January 18, 2017
ii. Rustan Pulp & Paper Mills, Inc. vs. Intermediate Appellate Court, G.R. No. 70789,
October 19, 1992
iii. Schmid & Oberly, Inc. vs. RJL Martinez Fishing Corp., G.R. No. No. 75198,
October 18, 1988
iv. Eurotech Industrial Technologies vs. Edwin Cuizon, et al., G.R. No. 167552, April
23, 2007
v. Development Bank of the Philippines vs. Court of Appeals, G.R. No. 109937,
March 21, 1994
vi. Safic Alcan & Cie vs. Imperial Vegetable Oil Co., G.R. No. 126751, March 28,
2001
vii. Nicholas Y. Cervantes vs. Court of Appeals, G.R. No. 125138, March 2, 1999
viii. Siredy Enterprises vs. Court of Appeals, G.R. No. 129039, September 17, 2002
ix. Travel Wide Associated Sales vs. Court of Appeals, G.R. No. 77356, July 15, 1991
x. Metropolitan Bank & Trust Company vs. Court of Appeals, G.R. No. 88866,
February 18, 1991
l. Obligations of the Principal (Art. 1910-1918)
i. Susana De Guzman Buado vs. Eufracio T. Layag, A.C. No. 5182, August 12, 2004
ii. Estate of Juliana Diez vda. de Gabriel vs. Commissioner of Internal Revenue, G.R.
No. 155541, January 27, 2004
m. Modes of Extinguishment of Agency (Art. 1919)
i. Death of Principal or Agent
ii. Revocation
iii. Withdrawal
iv. Death
1. Lim vs Saban, GR. 163720, December 16, 2004
2. Republic vs Evangelista GR. 156015, August 11, 2005
3. Rallos vs Court of Appeals GR No. L-24332, January 31, 1978
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Ateneo de Davao University – College of Law
Syllabus for 2021-2022 (Atty. Raymund Christian S. Ong Abrantes, CPA)
• Comments and Cases on Partnership, Agency, and Trusts by Hector M. De Leon and Hector S.
De Leon
• Agency & Trusts, Partnerships & Joint Ventures: Non-corporate Media of Doing Business by Cesar
L. Villanueva and Teresa Villanueva-Tiansay