Business Law

Course NameBusiness Law
Course CodeLBS201
DescriptionThis course gives a general overview of law and legal systems. It covers the nature and sources of law, court systems including substantive and procedural areas of constitutional law, labor law, contracts, torts, criminal law, and property from and within the EU as well as USA perspective. The course is geared towards providing students with a basic knowledge of key aspects of the law, critical legal thinking, and a comparative approach to the civil and common law systems. Emphasis is placed on a good overview and understanding of most practical legal issues related to business conduct, i.e. on the legal framework and its application to domestic, national, and international commerce.
Learning OutcomesUpon completion of this course, students will be able to:
– Comprehend and have a clear understanding of the law and its functions, basic legal concepts, legal systems and legal disciplines with a business impact, and this within the Common law tradition as well as Continental (civil law) tradition and distinguish between various approaches based on cultural, economic and political contexts;
– Understand and analyze critical challenges and issues related to the law per se as well as legal systems and legal disciplines;
– Place in context and lend perspective to the acquired knowledge and skills, enhance awareness about critical issues, to improve capacity to identify the most important aspects, and to provide basic evaluation skills; – Exhibit an enhanced awareness and demonstrate a strong foundation to make educated decisions in the business field;
– Identify the risks and solve problems associated with business/commerce, to make educated decisions and to develop strategies for ensuring favorable law regime, jurisdiction and resolution of disputes.
SchoolSchool of Business Administration (SBA)
Number of credits (US / ECTS)3 US / 6 ECTS
PrerequisitesLEG101 or LBS101