More often than not, we enter into binding contracts and agreements, or subject ourselves to legal obligations, without being aware that we are already in one and not fully mindful of their implications. This phenomenon is attribute primarily to lack of sufficient exposure to laws governing this facet of our social existence, and secondarily due to the fact that not all obligations and/or contracts are in writing, as customarily believed. However, while others might say that ignorance is bliss, the naivete and obliviousness to our legal obligations and their repercussions is usually not blissful, because under Philippine law, “ignorance of the law excuses no one from compliance therewith’’. Hence a person might have already violated an obligation he does not even know he had in the first place, for which he may be punished.

Includes bibliographical references.

I. Partnership. 1. General provisions. 2. Obligations of the partners. 3. Dissolution and winding up. 4. Limited partnership. II. Corporation. 1. General provisions, definitions and classifications. 2. Incorporation and oranization of private corporations. 3. Board of directors/trustees and officers. 4. Powers of corporations. 5. By laws. 6. Meeting. 7. Stocks and stockholders. 8. Corporate books and records. 9. Merger and consolidation. 11. Non-stock corporations. 12. Close corporations.13. Special corporations. 14. Dissolution. 15. Foerign corporations. 16. Investigations, offenses, and penalties. 17. Miscellaneous provisions. III. Cooperative. 1. General concepts and principles. 2. Organization and registration. 3. Membership. 4. Administration. 5. responsibilities, rights and priveleges of cooperative. 6. Insolvency of cooperatives. 7. Dissolution of cooperatives. 8. Capital, property, and funds. 9. Audit, inquiry and members' right to examine. 10. Allocation and distribution of net surplus. 11. Agrarrian reform cooperatives. 12. Cooperative banks. 13. Insurance cooperative. 14. Public service cooperatives. 15. Credit cooperatives. 16. Financial srvice cooperatives. 17. Electric cooperative. 18. Miscellaneous provisions. 19. Final provisions.

In English text.