LAW210 Business Law

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Course Code Course Title Weekly Hours* ECTS Weekly Class Schedule
T P
LAW210 Business Law 2 2 5 Thursday, 12:00 -14:50, AF2.16
Prerequisite It is a prerequisite to
Lecturer Emir Sudzuka Office Hours / Room / Phone
E-mail esudzuka@ius.edu.ba
Assistant Assistant E-mail
Course Objectives The purpose and the goal of the course is to provide students with an overview of applicable laws and regulations on a business. Throughout the course, the students will be introduced to legal institutes pertaining to the establishment of partnerships and commercial companies, the basic regulatory framework of managing a business, basic concepts of negotiations, drafting and conclusion of contracts, and the closure of a business. Whereas the readings for the classes are to provide a comparative approach by introducing legal rules from different jurisdictions (mostly from the US and Germany), the tutorials are to be conducted in a practical manner, by providing the students with an opportunity to test their theoretical understandings.
Textbook "1. Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross: Business Law: Text and Cases: Legal, Ethical, Global, and Corporate Environment, 12th Edition – selected excerpts 2. Roger LeRoy Miller, Gaylord A. Jentz, Business Law Today: The Essentials 9th Edition, 2011, Cengage Learning – selected excerpts"
Learning Outcomes After successful  completion of the course, the student will be able to:
  1. Remember the basic concepts of contract law, in particular sales agreements;
  2. Understand what is the basic regulatory framework for each business, with a special emphasis on consumer protection and competition law;
  3. Apply the basic concepts of contract negotiation and contract drafting, with special emphasis on sales contracts, service and licence agreements;
  4. Analyze how business decisions are made in relation to employment, investment, commercial aspects of business, and choosing the dispute resolution mechanism;
  5. Evaluate different types of companies, and learn how to choose the appropriate one for their business.
Teaching Methods The course will involve a combination of lectures and class discussions.
WEEK TOPIC REFERENCE
Week 1 Intro to Business Law: Definition, areas of law, sources of business law, the concept of a company – partnerships, distinction between personal company and capital company Miller - Jentz, pages 552 - 563
Week 2 Corporate law: Commercial companies, limited liability company, corporations, control v. ownership, corporate governance Company Law (selected provisions)
Week 3 Contracts/International Sales - Part I: The application of the CISG and contract conclusion United Nations Convention on Contracts for the International Sale of Goods (Vienna, 1980) (selected provisions)
Week 4 Contracts/International Sales - Part II: Conformity and Remedies United Nations Convention on Contracts for the International Sale of Goods (Vienna, 1980) (selected provisions)
Week 5 IT Law/IP Law: Trademark, copyright, service and license agreement, transfer of technology Miller - Jentz, pages 126 - 148
Week 6 Employment law and regulatory law: Sources of law, employment agreement, employment-at-will, co-ordination, foreign workers, termination, unions Clarkson, pages 658 - 662 + Labour Law (selected provisions)
Week 7 Secured transactions/bankruptcy/liquidation: Security interest, perfection of a security interest, guaranty, suretyship, liens, pledge, floating lien, priorities, bankruptcy proceedings Clarkson, pages 586 - 602 + Bankruptcy Act (selected provisions)
Week 8 Mid-term exam week
Week 9 Consumer protection and regulatory law: Regulatory framework, penalties, deceptive advertising, labeling and packaging, sales, consumer health and safety, credit protection Clarkson, pages 880 - 896
Week 10 Competition law/Antitrust law: Market power, cartels, mergers, abuse of dominant position, enforcement of private claims, the EU Damages Directive Treaty on the Functionig of the European Union, EU Damages Directive (selected provisions)
Week 11 Foreign direct investments: Definition, foreign control, bilateral treaties on the protection of foreign investments, ICSID ICSID Convention, and selected B&H Bilateratel Agreements (selected provisions)
Week 12 Private International Law: Law applicable to international transactions Private International Law (B&H) (selected provisions)
Week 13 Dispute Resolution: Courts, mediation, arbitration Civil Procedure Act (selected provisions) + UNCITRAL Model Law on Arbitration (selected provisions)
Week 14 Group project presentation
Week 15 Repetiton session fo the final exam
Assessment Methods and Criteria Evaluation Tool Quantity Weight Alignment with LOs
Final Exam 1 35 1,2,3,4,5
Semester Evaluation Compenents
Presentations 1 5 2,3,4
Mid-term exam 1 30 1,2,3,4,5
Research paper 1 20 1,2,5
Group project 1 10 1,2,3,4,5
***     ECTS Credit Calculation     ***
 Activity Hours Weeks Student Workload Hours Activity Hours Weeks Student Workload Hours
Lectures 3 15 45 Home study 2 15 30
Research and writing 10 1 10 Mid-term exam study 15 1 15
Assignments 10 1 10 Final exam study 15 1 15
        Total Workload Hours = 125
*T= Teaching, P= Practice ECTS Credit = 5
Course Academic Quality Assurance: Semester Student Survey Last Update Date: 21/02/2020
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