BUSINESS LAW - LBS201/2 Fall 2024

Course

Neada Mullalli

For information about registration please contact our admissions.

About

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.

Lessons14

Here is the course outline:

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

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: Materials posted at NEO page; Barnes Chap. 1.

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, Barnes Chapter 5.

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

Business governance, corporation structures. Reading: Materials marked as "required" at NEO page; Barnes Chapter 3. 

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

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

Analysis of real contracts. Carlill v Carbolic Smoke Ball Company [1892]. Reading: Materials posted at NEO; Barnes Chapters 13-15.

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.

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

Competition, antimonopoly, antitrust, public aid. Unfair competition. Reading: Materials posted at NEO page; Barnes Chapter 45 on anti-trust laws

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

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.

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

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BUSINESS LAW - LBS201/2 Fall 2024

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

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

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

4. Launching business. Business forms.

5. Business governance, corporation structures.

6. Introduction of Contracts 1

7. Introduction to Contracts 2

8. Contract provisions and their interpretation 1

9. Contract provisions and their interpretation 2

10. Extracontractual liability, torts and delicts.

11. Competition law.

12. Presentations – 1st group of students

13. Presentations – 2nd group of students

14. Final Exam