Study Guide

Objective

Having completed this study unit

• The student knows the legal environment of a company.
• The student knows the basics of contract and corporate law and their meaning and role in business.
• The student is able to retrieve and apply legal information.
• The student recognizes main legal factors and challenges in business in the field of contract and corporate law.

Comptences: Financial Management and Business related Law Competence

Content

Basics of contract law:
- an overview of Finnish legislation and the courts of justice
- law of the person
- the meaning and contents of contract
- different types of contracts
- sale of goods
- consumer protection
- the main principles of compensation for damage

Basics of corporate law:
- freedom of trade
- establishing a company
- company forms and their special features

Searching and applying judicial knowledge into practice in the field of contract and corporate law.

Qualifications

NULL

Assessment criteria, satisfactory (1)

Level 1
Business Law
You know the basics of contract and corporate law.
You are able to retrieve and apply legal information in simple cases as well as recognize the meaning of legal factors and main legal challenges in business in the field of contract and corporate law

Level 2
Business Law
You are able to explain the basic knowledge of contract and corporate law and give examples of them.
You are able to find and use this legal information but cannot fully apply it.
You are able to give examples/describe legal challenges in business in the field of contract and corporate law.

Assessment criteria, good (3)

Level 3
Business Law
You understand the basics of contract and corporate law.
You are able to retrieve and apply relevant legal information by leaning on the study material/given instructions.
You have an understanding of legal factors and the main legal challenges in business.

Level 4
Business Law
You have a good knowledge and understanding of the basics of contract and corporate law.
You are able to take legal factors into account when making decisions.

Assessment criteria, excellent (5)

Level 5
Business Law
You have a command of the basics of contract and corporate law.
You are able to efficiently retrieve and apply legal information in business problem solving and justify the decisions.
You are able to foresee legal challenges in business in the field of contract and corporate law.