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2024 Fall

BUSINESS LAW - LBS201/1 Fall 2024


Course
Neada Mullalli
For information about registration please contact our admissions.

The course deals with basic principles of Business law in connection with everyday practice in the life o manager. Students will be introduced to judicial review and decision of key cases, statutes and other statutory provisions with special emphasis dedicated to current situation in United States, United Kingdom and the Czech Republic. The main aim of this course is to provide students with knowledge related to contract theory, corporations and other business organizations, securities regulations, investments, mergers and acquisitions etc. Successful graduate should be able not just to merely distinguish theoretical approaches but he should be capable to applying these either in Czech or more importantly in international business environment.

Here is the course outline:

1. Introductory Class and the definition of the law and business law

Sep 3 8:15am .. 11am

Class information, Discussion of class expectations, Introduction to the subject. A brainstorm discussion about the foundation and meaning of the law and business law.

2. Nature, objective and functions of Law, Legal reasoning, Sources of Law, Legal Families

Sep 10 8:15am .. 11am

Law, Legal system, Legal order v. ethics, moral, Macro and micro-functions of law, Primary and secondary sources. Common law and Continental (Civil) law, history, differences. Reading: Barnes chapter 1 and materials marked as "required" on NEO page. Reading: Barnes chapter 1; Materials posted on NEO page.

3. Three pillars of the Business law v. Public law and Private law; v. Substantive and Procedural law

Sep 17 8:15am .. 11am

Fundamental concepts, methods and principles applied in/for the Business law. Setting business, corporation and competition - Constitutional law, Administrative law, Criminal law vs. Civil law, Contracts and Torts; Adjudication v. ADR. Reading: Materials marked as "required" on NEO page; Barnes Chapter 5

4. Launching business. Business forms.

Sep 24 8:15am .. 11am

Trade Licensing. Sole proprietorship, Partnership, LLC, Shareholder company. Reading: Materials marked as "required" on NEO page; Barnes chapter on forms of Business Organisation.

5. Business governance, corporation structures.

Oct 1 8:15am .. 11am

Articles of Associations, Bylaws, Board of Directors, CEO, CFO, Supervisory board. Ethics, CSR and Codes of Ethics.Enron case. Reading: Materials marked as "required" on NEO page; Barnes Chapter 3.

6. Introduction to Contracts 1

Oct 8 8:15am .. 11am

Agreement v. contracts, 4 content requirements, form requirements. Reading: Barnes Chapters 9 - 11 on origin, offer, acceptance of contract.

7. Introduction to Contracts 2

Oct 15 8:15am .. 11am, Room

Agreement v. contracts, 4 content requirements, form requirements. Reading: Barnes Chapters 11-13.

8. Contract provisions and their interpretation 1

Oct 22 8:15am .. 11am

Analysis of real contracts.Carlill v Carbolic Smoke Ball Company [1892]. Reading: Materials marked as "required" on NEO; Barnes Chapters 13-15.

9. Contract provisions and their interpretation 2

Nov 5 8:15am .. 11am, Room

Analysis of real contracts. EWCA Civ 1 Frigaliment Importing Co. v. B. N. S. Int'l Sales Corp. - 190 F. Supp. 116 (S.D.N.Y. 1960) Reading: Materials marked as "required" on NEO; Barnes Chapters 16-18.

10. Extracontractual liability, torts and delicts

Nov 12 8:15am .. 11am

Reasonable care, causality, damage, responsibility-liability. Donoghue v Stevenson [1932] UKHL 100 Reading: Materials posted at NEO page; Barnes Chap. 6 and 7.

11. Competition law

Nov 19 8:15am .. 11am

Competition, antimonopoly, antitrust, public aid. Unfair competition. Reading: Materials marked as "required" on the NEO page; Barnes chapter 45 on antitrust laws.

12. Presentations – 1st group of students

Nov 26 8:15am .. 11am

Presentations by all students in Group 1. The students in Group 2 will do peer-evaluation, in accordance with the evaluation rubric provided by the lecturer.

13. Presentations – 2nd group of students

Dec 3 8:15am .. 11am

Presentations by all students in Group 2. The students in Group 1 will do peer-evaluation, in accordance with the evaluation rubric provided by the lecturer.

14. Final Exam

Dec 10 8:15am .. 11am

Open book exam, in written form. Students will receive a hypothetical case and will answer a set of questions in relation to it.

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