INTRODUCTION TO BUSINESS LAW

Law is part of our everyday activities. It is even more urgent for a person engaged in business transactions. Ignorance of the law is not a defense and it is against this background that a person intending to do agri-related business should have knowledge of some basic legal principles to enable him or her conclude contracts with ease. Topics covered include; Meaning of law and background to Uganda's legal system.                                                                                                                                                                                                                                                                                                                                                            Objectives : 

• To introduce to the student the sources of law we apply in Uganda’s business world
• To make the student appreciate that disputes must occur in the business, the dispute resolution mechanism in Uganda,   the court structure and alternative dispute resolution
• Understand the importance of law in running a business organization
• Appreciate the basic considerations in entering into a contract
• Understand the vitiating elements of a valid contract