Level 6 • Law

Business Law

LAW 203 — Semester III
Course CodeLAW 203
TypeC
ECTS5
SemesterIII
Course Description

Business Law: The titles of the subjects are; Commercial undertaking, commercial affairs and results, merchant, trade register, unfair competition, classification of companies, Stock Corporation, negotiable instruments.

Course Objectives

Business law to make students understand the life of a company from all the points of view. It is a field of right, that aims to understand all the aspects of a company, by touching in a transversal way all the legal frame related to his life. So from this point of view, during this course, it will be treated civil law, labor law, commercial law, taxation law, under the applicable Belgian and EU legal codes.

Key Concepts
  1. Business law - law relating to business, for example, sales, banking, investment, and insurance.
  2. Contract - a legal document that states and explains a formal agreement between two different people or groups, or the agreement itself.
  3. Taxation law - the law that regulates the system of taxing people
  4. Tort law - an action that is wrong but can be dealt with in a civil court.
  5. Legal entity - a company or organization that has legal rights and responsibilities, for example the right to make contracts and the responsibility to pay debts.
Course Outline
WeekTopics
1Introduction to Business Law
2What is Law? This chapter analyzes the nature of the law its long historical development. This can help to make sense of how the law operates today. It will also give a head start by introducing some of the essential technical terms that will be met in the study of law. Pg. 111-125, Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020)
3How law is made? This chapter explains where law comes from and how it is made. Analyzes the sources of law as well as the competent institutions. Pg. 126-155.Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020)
4Business organizations Part 1. This chapter will more closely examine how different types of business may be created. it is necessary to gain understanding of three concepts which are recurring themes in the law relating to business organization – legal personality, incorporation and limited liability. Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020).Pg. 821-870.
5Business organizations Part 2. This chapter will more closely examine how different types of business may be created. Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020). Pg. 821-870.
6Business organizations Part 3.This chapter will more closely examine how different types of business may be created. Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020).Pg. 821-870.
7Value Added Tax Part 1. This lecture focuses on the Belgian VAT Code (BTW-Wetboek/Code de la TVA) and the applicable EU VAT Directive, examining the objective of the law and the legal subjects.
8Value Added Tax Part 2. This lecture focuses on the Belgian VAT Code and the applicable EU VAT Directive, examining tax applicability.
9Midterm exam
10The Contract. Part 1. This chapter examines the types contracts which are formed in the Business law. Starting from the principles of a contract and the legal subjects. Pg. 201-271. Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020).
11The Contract. Part 2. This chapter examines the types contracts which are formed in the Business law (Sale, Rent, Franchise, Leasing) . Starting from the . Pg. 201-271. Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020).
12Law of tort. Part 1. This chapter explains what is Law of Torts and why do we need it. Tort law is easy to describe at a general level and hard to define more precisely. Tort comes from a Latin word meaning “twisted” or “turned aside,” so a tort is an act that is turned aside from the standard of proper conduct—a wrongful act. Pg. 141-164, Law 101: Everything You Need to Know about American, Jay M. Feinman (2023)
13Law of tort. Part 2. This chapter dives into the Tort law and the three categories: intentional torts, negligence, and strict liability. Pg. 164-178, Law 101: Everything You Need to Know about American, Jay M. Feinman (2023)
14Presentation of the students project, revision of the course
Learning Outcomes
  1. Describe the Belgian legal system and the legal environment of business.
  2. Define relevant legal terms in business.
  3. Define the categories of businesses.
  4. Describe current law, rules, and regulations related to settling business disputes.
  5. The role of contract law in business.
Assessment
MethodQty% Each
Midterm Exam(s)135
Project110
Final Exam145
Attendance10
Textbooks

Law for Business Students, A. Adams, St. Caplan, G. Lockwood (2020).; Law 101: Everything You Need to Know about American, Jay M. Feinman (2023).

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