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

Code: LT00DE27-3003

General information

Enrollment: 10.11.2025 - 14.01.2026; Registration for the implementation has begun.

Timing: 16.02.2026 - 30.04.2026; The implementation has not yet started.

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: Tiina Wakaume

Scheduling groups: Osaamiskokonaisuus, Avoin AMK (Ei koske tutkinto-opiskelijaa) (Size: 5 . Open UAS : 5.)

Groups: MPK25
Bachelor of Business Administration, SME Business Management; YROKY26
Legal Issues in Business

Small groups: Study Module, Open UAS (Doesn't apply to degree student)

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

Independent work 81 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.