ESF:BPP_OPR1 Business Law 1 - Course Information

BPP_OPR1 Business Law 1

Extent and Intensity

1/2/0. 4 credit(s). Type of Completion: zk (examination).

Teacher(s)

prof. JUDr. Jarmila Pokorná, CSc. (lecturer)
JUDr. Dana Šramková, Ph.D., MBA (seminar tutor)
JUDr. Jindřiška Šedová, CSc. (lecturer)
JUDr. Jindřiška Šedová, CSc. (seminar tutor)
JUDr. Jana Mervartová (seminar tutor)
Ing. Anna Melichová (assistant)

Guaranteed by

JUDr. Jindřiška Šedová, CSc.
Department of Law – Faculty of Economics and Administration
Contact Person: JUDr. Jindřiška Šedová, CSc.
Supplier department: Department of Law – Faculty of Economics and Administration

Timetable of Seminar Groups

BPP_OPR1/01: Tue 9:20–11:00 VT203, J. Šedová, D. Šramková
BPP_OPR1/02: Tue 11:05–12:45 VT203, J. Šedová, D. Šramková
BPP_OPR1/03: Tue 12:50–14:30 VT203, J. Šedová, D. Šramková
BPP_OPR1/04: Tue 14:35–16:15 VT203, J. Šedová, D. Šramková
BPP_OPR1/05: Thu 17:10–18:45 VT204, J. Mervartová, J. Šedová
BPP_OPR1/06: Thu 18:50–20:25 VT204, J. Mervartová, J. Šedová

Prerequisites

! PPOPRI Business Law I
The course builds on the basic knowledge and skills in the area:
- teory of the law
- corporate economics.
Students get the knowledge in the Basic Law course and the Corporate Economics.

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

there are 10 fields of study the course is directly associated with, display

Course objectives

The main goal of this course is to acquaint the students with fundamental institutes of the business law. Introductory part deals with enactment of business, position of entrepreneur and Register of Companies. The second focuses on types of commercial companies, particularly enactment of incorporation, creation and extinction of a commercial company is explained. The enactment of property relations in a trading company and legal status of partners is also clarified. In the third part, fundamentals of the enactment of commercial legal contractual relationship, enactment of individual types of commercial contracts and their hedging are explained.
At the end of this course students will be able:
- to explain the basic legal rules of individual forms of commercial companies;
- to analyze legal rules of ownership rights application by commercial companies partners;
- to get acquainted with problems of partner’s guarantee for company liabilities;
- to make reasoned decisions about legal claims of creditors of companies;
- to analyze risks associated with making commercial contracts;
- to understand meaning of commercial liabilities and guarantee;
- to work with basic legal documents of Business Law in order to be able to interpret and apply these documents to concrete facts from the corporate environment.

Syllabus

• Lectures:
• 1. Commercial law (subject matter, system, sources).
• a) general conditions for business activity and its entities. Entrepreneurs, conditions for business activity, corporate name.
• b) legal negotiation in business activity.
• - authorized representatives of business organizations;
• - manner of acting on behalf of a company, bindig effect of legal acts made on behalf of the company, proctor´s actions;
• - Commercial Register.
• c) Business activity of foreign persons.
• 2. Business organizations I
• a) general regulation of business organization. Classification of business organization.
• b) Comparison (differences) – unlimited liability company (v.o.s. CZ), limited partnership company (k.s. CZ), limited liability company (s.r.o. CZ), joint stock company (a.s. CZ).
• - preconditions for creation of business organizations;
• - property owned by company (contribution, registered capital, share in business, corporate assets and liabilities and their functions);
• - vital preconditions for creation and incorporation of a business organization, compulsory bodies and their power;
• - dissolution, extinction; dissolution of a company with liquidation, dissolution of a company without liquidation.
• 3. Business organizations II
• a) comparison (differences), unlimited liability company (v.o.s. CZ), limited partnership company (k.s. CZ), limited liability company (s.r.o. CZ), joint stock company (a.s. CZ).
• - risks undertaken by and responsibility of authorised representatives, presumption of liability, circumstances excluding liability, authorized representatives´ liability, competition ban, due diligence, managerial contract;
• - rights and responsibilities of members, their participation in company´s management, minority rights, settlement among members due to cessation of participation in a company;
• - members´ liability, property liability of a business organization.
• b) Conversion of business organization.
• c) Company division.
• d) Change in a legal form of a company.
• e) Merger.
• f) Holding company.
• - real holding company and contractual holding company;
• - contract to control the company;
• - relationship between the controlling and controlled person not regulated by the contract to control the company.
• 5. Commercial liabilities.
• Commercial contracts overview. Contract of sale vs. Contract for work done.
• P> 6. Commercial disputes resolution in judicial proceedings.
• Bankruptcy and manners of its resolution.
• Seminars:
• 1. How to commence business activity. Procedure followed in commencement of the operation of trade. Basic duties of trader. Public registers´ copies of an entry (Register of Trades, Commercial Register, Criminal Records, Commercial Journal, etc.). Subsidiary companies of Czech business entities abroad.
• 2. Entrepreneur´s actions. Legal representation. Registered agents acting on behalf of the company. Manner and scope of actions of board of directors of a stock corporation. Proctor´s actions. General meeting and its competence. Shareholder and proxy participation in general meeting.
• 3. Shareholder´s status. Share minority. Conditions for transfer of registered shares. Dividend payment. Sale of company shares. Shareholder right to preferential proportional repurchase of shares.
• 4. Performance of duties by authorized representatives. Due diligence. Authorized representatives‘ liability for damage. Influence of the controlling person on the controlled person.
• 5. Unfair competition. Protection against fraudulent practices in business activity. Unauthorized business activity.
• 6. Commercial obligations. Legal regime. Contractual fine. Interest on late payment. Liquidated damages. Withdrawal from contract. Acknowledgement of obligation. Limitation of obligation.

Literature

required literature
• Šedová J. Studijní texty „Obchodní právo 1“. ESF 2014. Portál výuky právních předmětů ESF: Webová adresa: pravoesf.econ.muni.cz. Informace o oprávnění ke vstupu do webové aplikace je k dispozici ve Stud. materiálech předmětu v IS ESF MU.

recommended literature
• 1. Bělohlávek, A. a kol. Komentář k zákonu o obchodních korporacích. Vprvní. Plzeň: Vydavatelství a nakladatelství Aleš Čeněk, s. r. o., 2013. ISBN 978-80-7380-451-0.
• Zákon č.89/2012 Sb., občanský zákoník, v pozdějším znění
• Zákon č.90/2012 Sb., zákon o obchodních korporacích, v pozdějším znění
• Zákon č. 513/1991 Sb., obchodní zákoník, v pozdějším znění

Teaching methods

Lessons take the form of lectures and seminars. There are explained main thesis of the course within lectures, which are further discussed and aplicated during seminars. Solving examples, analysis of case studiesare a part of a seminar.

Assessment methods

The course finishes with a written exam.Students will be allowed to take the final test after the following criteria have been met: assigned attendance at seminars, passing of a check test.

Language of instruction

Czech

Follow-Up Courses

• PPPAFI Law and Finance

Further comments (probably available only in Czech)

The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PPOPRI. Předpokládají se základní znalosti z předmětu Základy soukromého práva (dříve předmět Občanské právo).

Information about innovation of course.

This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

• Enrolment Statistics (Spring 2014, recent)
  
• Permalink: https://is.muni.cz/course/econ/spring2014/BPP_OPR1