Report - Entrep

Knowledge of Law on Obligations and Contracts

Obligation> is a juridical necessity to give, to do or not to do

Contract> is a meeting of minds between two persons whereby one binds himself, with respect to the other, to give something or to render some service

Labor

Department of Labor (DOLE)

Concerns:1. Promotion of employment and

apprenticeship2. Workers’ protection and welfare3. Promotion and maintenance of industrial

peace based on social justice

The Labor Code of the Philippines contains the labor policies relating to terms and conditions of employment. Included in the Labor Code are:

workweek and working hoursvacations special leaveholidaysemployment of minorshiring policiestermination of employment

workplace safetyminimum wagesocial security benefitsmedical benefitsworkers’ compensation benefitsbonus and additional benefitsworkers’ rights