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Contracts and Business Law

Module name (EN): Contracts and Business Law
Degree programme: International Business, Bachelor, ASPO 01.10.2020
Module code: IBB-120
Hours per semester week / Teaching method: 4VU (4 hours per week)
ECTS credits: 5
Semester: 1
Mandatory course: yes
Language of instruction:
English
Assessment:
written exam (90 min)
Curricular relevance:
IBB-120 International Business, Bachelor, ASPO 01.10.2020, semester 1, mandatory course
Workload:
60 class hours (= 45 clock hours) over a 15-week period.
The total student study time is 150 hours (equivalent to 5 ECTS credits).
There are therefore 105 hours available for class preparation and follow-up work and exam preparation.
Recommended prerequisites (modules):
None.
Recommended as prerequisite for:
IBB-250 International Contract and Competition Law


[updated 02.03.2020]
Module coordinator:
Prof. Dr. Holger Buck
Lecturer:
Prof. Dr. Holger Buck


[updated 02.03.2020]
Learning outcomes:
Learning outcomes:
After successfully completing this module, students will:
- be familiar with the legal systems and families of private law, as well as understand how the national private commercial law of an EU member state is embedded in the international and European framework.
- be familiar with the most important thematic areas and principles of private business law (civil law, business law, commercial law and corporate law) that exist in every national legal system for internationally active business economists, as well as the regulations in Germany.
- will be familiar with the functions and mechanisms of civil, business, commercial and corporate law.
- will understand law as one of the framework conditions for entrepreneurial activity, the relevance of legal regulations for business practice and legal compliance.
- will be able to incorporate legal considerations into the operational practice of the company.
- will be able to handle relevant legal texts independently.
- will have mastered the basic principles of legal thinking.
- will be able to develop proposals for solutions to specific cases relating to legal transactions and contracts under the law of obligations as well as purchase, commercial and corporate law, by classifying the problem, subsuming the facts under the characteristics of the relevant regulations and deriving the result therefrom
- will have developed drafting proposals for simple legal transactions and be familiar with the standards of contractual practice.
- be able to evaluate and review results based on general legal value judgements.

[updated 11.03.2020]
Module content:
Module content:
1) Legal systems and families of private law
  a) International and European influences on the national legal system of an EU member state
  b) Civil jurisdiction; ADR and legal tech; examples from the German legal system and jurisdiction
2) The actors in private law:
a) Legal entities (persons, consumers, entrepreneurs, traders); examples from German law
3) Contracts and the closing of contracts; examples from German law
   a) Legal transactions (declaration of intent, general legal transactions, contracts)
   b) Overview of contracts under the law of obligations; use of smart contracts
   c) The inclusion of general terms and conditions in contracts
   d) Form of contract and legal transaction, penalty for infringement of the prescribed form
   e) Limits on the content of the contract
   f) Misrepresentation
   g) Agency
   h) Limitation of claim
   i) Provision of contractual service and fulfilment
   j) Withdrawal from a contract and cancellation of a consumer contract
   k) Overview of defective performance and damages
   l) Delay in payment
   m) Replacement of a contracting party (cession)
   n) Involving third parties
4) The purchase contract, default in performance of the purchase contract (warranty for material defects); examples from German law
5) Commercial law; examples from German law
   a) Meaning, task and functions,
   b) Who is a merchant?; How does a merchant conduct legal relations (company, commercial register, protection of legal relations)?
   c) Auxiliaries of merchants
   d) Main features of commercial transactions
6) Corporate law; examples from German law
   a) Types of enterprise for economic purposes
   b) Selecting the most suitable type of enterprise
   c) Distinction between partnerships and limited companies, contributions from shareholders,  
      financing of the company, partner liability
  d) Overview of the most important corporate forms   
  e) The limited liability company (the German GmbH)

[updated 11.03.2020]
Teaching methods/Media:
- Interactive lecture with integrated tutorial
  (Solving legal questions and formulating letters)
- Visualization by means of transparencies
- Learning material from the internal eLearning management system
- Use of English translations of German laws
  (BGB - Civil Code, HGB - Commercial Code, GmbHG - Limited Liability Companies Act).

[updated 11.03.2020]
Recommended or required reading:
- Ackermann H. / Rath, M. (2012). Business law in Germany. Stuttgart: German Law Publishers
- Daigneault, E. (2019). Drafting international agreements in English. München: C. H. Beck
- Fischer, H. (2016). The German legal system and legal language. 6th ed. Dublin: Clarus Press
- Gildeggen, R. u. a. (2016). Wirtschaftsprivatrecht: Kompaktwissen für Betriebswirte. 3. Aufl. Berlin / Boston: de Gruyter Oldenbourg
- Gubby, H. (2013). Practical legal English: Legal terminology. 2. Aufl. The Hague: Eleven international publisher
- Kadner Graziano, T. (2019). Comparative contract law. 2nd ed. Cheltenham et al.: Elgar
- Köbler, G. (2011). Rechtsenglisch: Deutsch-englisches und englisch-deutsches Rechtwörterbuch für jedermann [bilingual]. 8. Aufl. München: Franz Vahlen
- Linhart, K. (2017). Wörterbuch Recht: Englisch-Deutsch / Deutsch-Englisch. 2. Aufl. München: C. H. Beck
- Mann, M. (2015), Commercial contracts in Germany. München: C. H. Beck
- Robbers, G. (2017). An introduction to German law. 6. Aufl. Baden-Baden: Nomos
- Schade, L. (2017), Handels- und Gesellschaftsrecht. 4. Aufl. Heidelberg: C. F. Müller
- Twigg-Flesner, C. (ed) (2010). European Union private law. Cambridge: Cambridge University Press
- Von dem Bussche, A. / Klein, D. (2015). E-Commerce law in Germany. München: C. H. Beck
- Walz, R. (Hg). (2018). Beck_sches Formularbuch Zivil-, Wirtschafts-und Unternehmensrecht Deutsch-Englisch. 4. Aufl. München: C.H. Beck (also available as e-book, htw saar campusnetwork)
Weiss, F. / Kaupa, C. (2017). European Union: Internal Market Law. Cambridge: Cambridge University Press
- Wirth, G. u.a. (2017). Corporate law in Germany. 3. Aufl. München: C. H. Beck
- Wörlen, R. / Steinhäuser K. (2009). Introduction to the German legal system, in: - Bugg, S. / Simon H. (2009). Langenscheidt/AlpmannFachwörterbuch Kompakt. Berlin u. a.: Langenscheidt, p. 168 ff., 174-191.

[updated 11.03.2020]
[Wed Jun  3 09:01:32 CEST 2020, CKEY=ifol, BKEY=ibw4, CID=IBB-120, LANGUAGE=en, DATE=03.06.2020]