Contracts and liability for debts of a company (3cr)
Code: LT00DE27-3001
General information
- Enrollment
- 13.11.2023 - 03.01.2024
- Registration for the implementation has ended.
- Timing
- 13.01.2024 - 30.04.2024
- Implementation has ended.
- Number of ECTS credits allocated
- 3 cr
- Local portion
- 0 cr
- Virtual portion
- 3 cr
- Mode of delivery
- Distance learning
- Unit
- SeAMK Business Management and SME Business Management
- Campus
- SeAMK Seinäjoki, Frami
- Teaching languages
- Finnish
- Degree programmes
- Bachelor of Business Administration, SME Business Management
- Teachers
- Krista Turunen
- Course
- LT00DE27
Evaluation scale
1-5
Objective
The student is able to act as a contracting party and draft an agreement that is not burdened by interpretive ambiguities. He can describe the legal status of the debtor, the creditor, and the guarantor. The student is able to search for information from legal sources and apply the information he/she finds in practice.
Content
- the conclusion of a contract in accordance with OL.TL (228/1929)
- Commercial Act (355/1987)
- Debt Securities Act (622/1947)
- Interest Act (633/1982)
- Law on Guarantee and Debt Pledge (361/1999)
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
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. She/he knows the main features of the legal status of the guarantor.
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. The student is well acquainted with the legal status of the guarantor.
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. The student has a thorough knowledge of the guarantor's legal status.