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Nature and classification of law

Unit 1: Introduction to Law and Business LawTopic 1 of 2
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What the syllabus expects

  • Concept, nature and characteristics of law
  • Classification and sources of law

Nature and classification of law

Bachelor of Business Studies (BBS) — Third Year

Subject: Business Law (MGT 204)

Unit 1: Introduction to Law and Business Law

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

  • Explain the scope and key elements of nature and classification of law.
  • Identify the relevant legal concepts, distinguish parties' positions and analyze a syllabus-based case using the specified legal materials.

Curriculum Scope

  • Concept, nature and characteristics of law
  • Classification and sources of law

Detailed Microsyllabus

  1. Legal foundations

    1. Concept, nature and characteristics of law.
    2. Legal rules and their institutional enforcement.
    3. Distinguish legal standards from ethical or social expectations.
  2. Classification and sources

    1. Public and private law and other prescribed classifications.
    2. Legislation, precedent and other recognized sources.
    3. Identify the source relevant to a business problem.

Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 16–18.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Legal examples must identify the governing law and amendment version supplied for the course; a curriculum heading does not by itself establish a currently applicable legal rule.

Legal reading reference: Consult the Nepal Law Commission's index of Acts and its Civil Code, 2074 page for the prescribed primary legal materials.