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B Com Financial management

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Presentation on theme: "B Com Financial management"— Presentation transcript:

1 B Com Financial management
Commercial law 2A B Com Financial management

2 Introduction Lecturer/Facilitator Andrew Tucker B Com LLB, Attorney of the High Court of South Africa Contact details:

3 Resources

4 Books Fouché, M.A. (et al). Legal Principles of Contracts and Commercial Law, Revised 6th edition, 2007, Lexis Nexis Havenga, P (et al). General Principles of Commercial Law, 6th edition, 2007, Juta Kopel, S Guide to Business Law, 4th edition, 2009 or 5th edition, 2012, Oxford University Press Gibson, JTR. South African Mercantile and Company Law, 8th Edition, 2003, Juta. Scott J (et al) The Law of Commerce in South Africa, 2009, Oxford University Press.

5 Introduction to SA law B Com FM

6 What is law? A set of rules, recognised as binding on people and enforced by the State

7 Origins of our law South African law is based on Roman-Dutch law but is also influenced by English law

8 Sources of our law Legislation Case law Common law Customary law
Academic writings Indigenous law

9 Separation of powers Parliament – makes the laws
Executive – implements the laws Judiciary – interprets the laws and settles disputes

10 Public law & Private law
The relationship between the State and its citizens or between states The relationship of citizens between each other

11 Legal subjects Legal subjects have rights and duties
Natural persons Juristic persons A human being A fictitious person Company Club Etc…..

12 Real rights and personal rights
The right to an object or physical thing Absolute, hot pursuit Does not lapse upon death Preferred right in insolvency Derived from juristic act The right to performance or claim Only enforceable against a specific legal subject Lapse on death of holder


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