Business Law

Course content

The legal system

• Sources of law and legal methods

Administrative law

• The concepts of administrative law. The Civil Services Act, the Open Files Act and the Ombudsman Act are discussed. Special emphasis is placed on the rules of procedure, the legal competence rules, party rights and the right to lodge complaints.

Contract law

• Contract formation (Contract Act, Ch. 1). The law of agency (Contract Act Ch. 2) Contractual invalidity rules (Contract Act Ch. 3, etc.) The rules concerning the legal capacity of minors, the incapacitated and the insane to act.

Law of sales

• The concepts of the law of sales. Consumer protection. The rules of law concerning delays and defects. Contractual law of tort.

Law of negotiable instruments

• The common provisions on contracting a monetary claim and the content of these provisions, as well as overdue payment, counterclaims, limitation and joint liability (including guarantees). In-depth coverage of the law and rules on debt instruments, bearer debt instruments and simple debt instruments.

Law of mortgages and pledges

• Study of the law of mortgages and pledges with a review of the various groups of pledges and the various pledging methods with a special focus on the legal protection rules.

Company law

• The Partnerships Act and the Companies Act with a special emphasis on mortgage rules, decision-making processes, practice of authority and company representation. Related issues are also discussed such as the law of business names, the law of procuration.

Law of property and bona fide purchase

• An introduction is given to the rules on what applies when the seller was not entitled to sell or give up the object/property.

Debt negotiations and bankruptcy

• An introduction is given to the main rules of the debt enforcement law and an overall presentation of the law of bankruptcy with a special emphasis on the bankruptcy terms, annulment rules and the contractual obligations of the debtor in bankruptcy. A review of the economic terms for spouses/cohabitants with the main emphasis on the rules that are important for their creditors.

Financial crime

• Selected parts of the Criminal Code, the Accounting Act, the Tax Assessments Act, the Tax Payment Act and the Value Added Tax Act.