Course detail

Law in Entrepreneurship

FP-BLENEAcad. year: 2021/2022

The subject covers legal issues related to business. The course focuses on both trade business and business under other legal regulations. At the same time, it will also provide students with an overview of the different types of business corporations and a basic explanation of public registers (especially the Commercial Register), unfair competition, competition, insolvency proceedings, liquidation and consumer protection.

Language of instruction

English

Number of ECTS credits

6

Mode of study

Not applicable.

Learning outcomes of the course unit

Upon completion of the course, students will be able to characterize the various forms of business and types of business corporations and describe their differences. They will be familiar with public registers, unfair competition, competition law, insolvency proceedings and related areas.

Prerequisites

General overview in the scope of knowledge of secondary school studies.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching takes the form of lectures and exercises in each week of classes.

Assesment methods and criteria linked to learning outcomes

Credit is awarded, the course is concluded with a written examination consisting of closed questions. The same rules apply for students with ISP. A minimum of 50% is required to pass the exam. Classification is carried out in accordance with the directive of the Faculty of Business at the BUT.

Course curriculum

1. Different forms of business - introduction, basic problems
2. Trade business - trade, types, conditions, obstacles, establishment, administrative offences
3. Doing business under other legislation - the concept of "liberal profession", advocacy, tax consultancy
4. Introduction to business corporations - division, incorporation, formation, dissolution, dissolution, contribution, share capital
5. Limited liability company and joint stock company - characteristics, differences
6. Public partnership and limited partnership - characteristics, differences
7. Co-operative and European public limited company - characteristics, differences
8. Commercial register - purpose, types, form, commercial register, collection of documents
9. Unfair competition - issues, general clauses, facts
10. Competition - comparison with unfair competition, prohibited agreements, dominance, mergers of competitors
11. Insolvency proceedings, liquidation - differences, commencement, course, termination, bankruptcy
12. Consumer protection - general principles, arbitration clauses, internet shopping, consumer defence options

Work placements

Not applicable.

Aims

The aim of the course is to familiarize students with the basic legal issues related to business. The first part of the course focuses on the forms and ways in which business can be conducted, in particular, sole proprietorship, business under other legal regulations and individual types of business corporations. This will be followed by an explanation of the commercial register and public registers in general, unfair competition, competition, insolvency proceedings, liquidation and consumer protection. On the basis of this knowledge, students will be able to make an informed assessment and select the most appropriate legal form of business.

Specification of controlled education, way of implementation and compensation for absences

There is no checking during the teaching. Teaching is carried out in the form of lectures and exercises, in which the participation of students is not compulsory.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

HAVEL, Bohumil. Czech Corporate Law on its Way. European Company [online]. 2015, 12(1), 19-44. ISSN 16132548. (EN)
Civil & Commercial Law. Czech Legislation. [online]. Dostupné z: http://www.czechlegislation.com/en/civil-and-commercial-law (EN)
Law No. 89/2012 Coll., Civil Code (EN)
Law No. 90/2012 Coll. on commercial companies and cooperatives (Law on commercial corporations) (EN)
Law No. 455/1991 Coll. on Trades (Trade Act) (EN)
Law No. 182/2006 Coll. on Bankruptcy and Settlement (Insolvency Act) (EN)

Recommended reading

BEJČEK, Josef, Robert NERUDA, Michal PETR a David RAUS. Competition law in the Czech Republic. Alphen aan den Rijn: Kluwer Law International, 2015. ISBN 978-90-411-5879-6. (EN)

Classification of course in study plans

  • Programme BAK-E Bachelor's

    branch BAK-ESBD , 1. year of study, summer semester, compulsory

  • Programme BAK-ESBD Bachelor's, 1. year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Exercise

13 hours, compulsory

Teacher / Lecturer