Chapter 3: Law on Obligations

1. In getting into an obligation, it is better for the parties involved to make sure
that the source of such obligation is not against public interest.
2. Although it is not necessary when getting into obligations, it is bets if the
stipulations of such obligation between parties are in writing.
3. It is best to document necessary transactions, exchanges, and agreements
between parties. (e.g. keeping receipts, etc.)
4. In executing an obligation to give or to do, it is best to always assume the risk
of a fortuitous event.
5. It is always a best practice in executing an obligation to give or to do, to
deliver accessions and accessories, although it is merely implied based on
the stipulations between the parties.
Chapter 5: Labor Laws
1. Observe a discrimination-free work environment.
2. Issue updated pay-slips to employees, as proof that they are duly paid the
right amount in legal tender.
3. Make known to all employees of the company rules, employees rights and
benefits, and fair labor practices by issuing a comprehensive Employee
Handbook.
4. Make sure that regular employees are paid the minimum wage.
5. Make clear and in writing that the probationary period has ended.
Chapter 6: Law on Agency
Chapter 7: Sales Law
Chapter 8: Consumer Law
Chapter 9: Law on Lease
Chapter 10: Law on Credit Transactions
Chapter 11: Insurance Law
Chapter 12: Intellectual Property Law
1. Duly and diligently search of things that are already patented, before
applying for your own patent so as not to waste time, effort, and resources.
Chapter 13: Torts & Damages