BPP_OPR1 Business Law 1

Faculty of Economics and Administration
Spring 2010
Extent and Intensity
1/1/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
JUDr. Jindřiška Šedová, CSc. (lecturer)
prof. JUDr. Jarmila Pokorná, CSc. (lecturer)
JUDr. Jindřiška Šedová, CSc. (seminar tutor)
JUDr. Dana Šramková, Ph.D., MBA (seminar tutor)
Guaranteed by
JUDr. Jindřiška Šedová, CSc.
Department of Law – Faculty of Economics and Administration
Contact Person: JUDr. Jindřiška Šedová, CSc.
Timetable
each odd Wednesday 18:00–19:35 P101
  • Timetable of Seminar Groups:
BPP_OPR1/01: each odd Tuesday 11:05–12:45 VT203, D. Šramková
BPP_OPR1/02: each even Tuesday 11:05–12:45 VT203, D. Šramková
BPP_OPR1/03: each odd Tuesday 12:50–14:30 VT203, D. Šramková
BPP_OPR1/04: each even Tuesday 12:50–14:30 VT203, D. Šramková
BPP_OPR1/05: each odd Wednesday 11:05–12:45 VT203, J. Šedová
BPP_OPR1/06: each even Wednesday 11:05–12:45 VT203, J. Šedová
BPP_OPR1/07: each odd Tuesday 14:35–16:15 VT203, D. Šramková
BPP_OPR1/08: each even Tuesday 14:35–16:15 VT203, D. Šramková
BPP_OPR1/09: each odd Tuesday 9:20–11:00 VT203, D. Šramková
BPP_OPR1/10: each even Tuesday 9:20–11:00 VT203, D. Šramková
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
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.
  • Chybí 4
  • 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
  • 1. Švarc, Z. a kol. Základy obchodního práva. Plzeň : Vydavatelství a nakladatelství Aleš Čeněk, s.r.o., 2005, 476 s., ISBN 86898-51-2.
  • 2. Eliáš,K.,Bartošíková,M.,Pokorná,J. a kol. Kurz obchodního práva. Právnické osoby jako podnikatelé. 5. vyd. Praha: C.H.BECK, 2005. 617 s. ISBN 8071793914.
  • 3. Doporučená literatura: Eliáš, K.: Akciová společnost. Systematický výklad obecného akciového práva se zřetelem k jeho reformě. Linde, Praha 2000
  • Večerková,A. Faldyna,F. Kobliha,I. Pokorná,J. Vítek, J. Tomsa,M. Rozehnalová,N. Balabán, P. Pohl,T. Obchodní právo. 1 vyd. Praha: Meritum 2005. 1386 s. ISBN 80-86395-90-1
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.
The final mark consists of two parts: written examination (80%) + test (20%).
Language of instruction
Czech
Follow-Up Courses
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).
The course is also listed under the following terms Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2020, Spring 2021, Spring 2022, Spring 2023, Spring 2024, Spring 2025.
  • Enrolment Statistics (Spring 2010, recent)
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