Course for international guest/part time students
- Faculty
- Faculty of Economics
- Organization
- GTK Department of Management and Business Law
- Code
- GTI22AN403EN
- Title
- Business Law II
- Usual semester
- Autumn
- Published semester
- 2024/25/2
- ECTS
- 6
- Language
- en
- Learning outcomes
- This course is designed for non-law students. Therefore its objective is to demonstrate how rational business decisions are to be made in a legal environment, what kind of issues are to be considered in the decision-making. Since business is meant to be global, and the language of the course is English, the operation of the basic legal institutions is inevitably discussed in an international context. Legal studies belong to the realm of social sciences dealing with many aspects of our everyday life, yet rooted in the most ancient questions of mankind. What are the unalienable rights of men? What is the pursuit of happiness? Are we bound by a promise? What is private property? Are we entitled to do with our property or within our business enterprise whatever we please to do? Can we freely choose whom (not) to hire? What comes first: rights or obligations? What should free trade mean? Wherever we go, whatever we do, we are bound by legal relationships, we enter into dozens of contracts each and every day. After having been born, one has the right to inherit, one engages in pity trades (exchanges, gifts) already in the kindergarten, and at legal age one has full capacity to manage his own affairs. Lately rights might be more apparent, nevertheless duties are equally important and indispensable. The course focuses on a concise introduction to the way the law generally operates in business decisions. The method is manifold, it includes historical explanations, institutional descriptions, text and case analysis as well as comparative approaches. The course focuses on cases, explanations, argumentations and interpretations necessary for a manager in the business decisions. Students are welcome to discuss issues in class. This course is designed for Business Law course students of various nationality or background but focuses mainly on modern constitutional Western-type democratic ideas and solutions. Prerequisites This is a 100-level introductory course with no prerequisites other than the BL1 winter course.
- Course content
- The course focuses on cases, explanations, argumentations and interpretations necessary for a manager in the business decisions. Students are welcome to discuss issues in class.. Topics Basic reasoning in legal thinking Basic concept of properties Basic concept of contracts negotiations formation of contracts reality of contracts illegality of contracts performance and remedies breach of contracts torts liability strict liability / product liability Learning outcomes to recognize legal problems (not to solve them) to understand the gist of the attitude of lawyers (judges) to understand the basics of legislation and interpretation to be able to read basic legal documents to make business decisions and argue with regard to basic legal aspects to carry out business negotiations with regard to basic legal aspects to be able to prepare a ppp and present concisely on a chosen topic in public to cooperate and coordinate with peers in preparing a joint project
- Assessment method
- The grade limits on the exams: 50-54 sufficient, 55-69 satisfactory, 70-84 good, 85-100 excellent. https://gtk.elte.hu/dstore/document/4284/Számonkérési%20és%20értékelési%20követelmények_alapszak_2022ősz_ENG_HUN_final.pdf
- Bibliography
- Langvardt, Arlen; Barnes, A. James; Prenkert, Jamie Darin; Mccrory, Martin A.; Perry, Joshua: Business Law (17th ed). McGraw Hill, 2019. (ELTE Library) Sharon Byrd: Introduction to Anglo-American Law and Language Vol.II. Contracts and Torts, C.H.Beck-Stämpfli 2010. (ELTE Library) Pétervári, Kinga: Business Law 2 – Contracts, Texts, Cases and Materials. Budapest, 2022. (accessible at moodle) slides of the classes (moodle)