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Contracts and liability for debts of a companyLaajuus (3 cr)

Code: LT00BT79

Objective

The student knows how to operate as a party to a contract and s/he is able to make a contract without unclear terms. S/he is able to describe the legal position of the debtor and the creditor. The student knows how ro search for information from legal databases and how to apply the gained knowledge in practice.

Content

- making of an agreement
- Sale of Goods Act (355/1987)
- Promissory Notes Act (622/1947)
- Interest Act (633/1982)

Assessment criteria, satisfactory (1)

The student is able to search for information from Finlex. The student is able to explain the essential principles of contract law and the promissory notes act.

Assessment criteria, good (3)

The student is able to search for information from Finlex and other legal databases. The student knows how to apply the rules of contract law and the promissory notes act in practice.

Assessment criteria, excellent (5)

The student is able to search for information from legal databases and knows how to apply the gained knowledge in practice. S/he knows how to operate as a party to a contract. The student is able to explain the legal responsibility of the debtor.

Enrollment

14.11.2022 - 06.01.2023

Timing

14.01.2023 - 30.04.2023

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Business Administration, SME Business Management
Teachers
  • Tiina Wakaume
Student groups
  • MPK22

Objective

The student knows how to operate as a party to a contract and s/he is able to make a contract without unclear terms. S/he is able to describe the legal position of the debtor and the creditor. The student knows how ro search for information from legal databases and how to apply the gained knowledge in practice.

Content

- making of an agreement
- Sale of Goods Act (355/1987)
- Promissory Notes Act (622/1947)
- Interest Act (633/1982)

Materials

Material announced by the teacher + Moodle

Teaching methods

Lectures, legal case exercises, doing exercises in the groups, independent work

Student workload

Lectures 8 h + independent work 73 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student is able to search for information from Finlex. The student is able to explain the essential principles of contract law and the promissory notes act.

Assessment criteria, good (3)

The student is able to search for information from Finlex and other legal databases. The student knows how to apply the rules of contract law and the promissory notes act in practice.

Assessment criteria, excellent (5)

The student is able to search for information from legal databases and knows how to apply the gained knowledge in practice. S/he knows how to operate as a party to a contract. The student is able to explain the legal responsibility of the debtor.

Assessment methods and criteria

A written exam, case exercises, group exercise

Enrollment

15.10.2021 - 31.01.2022

Timing

12.03.2022 - 31.05.2022

Credits

3 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Business Administration, SME Business Management
Teachers
  • Marja Salonen
Student groups
  • MPK21

Objective

The student knows how to operate as a party to a contract and s/he is able to make a contract without unclear terms. S/he is able to describe the legal position of the debtor and the creditor. The student knows how ro search for information from legal databases and how to apply the gained knowledge in practice.

Content

- making of an agreement
- Sale of Goods Act (355/1987)
- Promissory Notes Act (622/1947)
- Interest Act (633/1982)

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student is able to search for information from Finlex. The student is able to explain the essential principles of contract law and the promissory notes act.

Assessment criteria, good (3)

The student is able to search for information from Finlex and other legal databases. The student knows how to apply the rules of contract law and the promissory notes act in practice.

Assessment criteria, excellent (5)

The student is able to search for information from legal databases and knows how to apply the gained knowledge in practice. S/he knows how to operate as a party to a contract. The student is able to explain the legal responsibility of the debtor.