Business Law - LBS201/1 Fall 2025
Course

The course deals with basic principles of Business law in connection with everyday practice in the life o manager. Students will be introduced to judicial review and decision of key cases, statutes and other statutory provisions with special emphasis dedicated to current situation in United States, United Kingdom and the Czech Republic. The main aim of this course is to provide students with knowledge related to contract theory, corporations and other business organizations, securities regulations, investments, mergers and acquisitions etc. Successful graduate should be able not just to merely distinguish theoretical approaches but he should be capable to applying these either in Czech or more importantly in international business environment.
Here is the course outline:
1. Introduction
Sep 4 11:15am .. 2pm, Room L307
Class information, the foundation and meaning of the law and business law, legal systems, sources of law. Reading: Barnes chapter 1 and materials marked as "required" on NEO page. |
2. Criminal Law
Sep 11 11:15am .. 2pm, Room L307
Public law vs. private law, criminal law, elements of a crime, business related crimes. Reading: Materials marked as "required" on NEO page; Barnes Chapter 5. |
3. Business forms.
Sep 18 11:15am .. 2pm, Room L307
Sole proprietorship, partnerships, LLCs, shareholder companies. Reading: Materials marked as "required" on NEO page; Barnes chapter 26. |
4. Business governance, corporation structures.
Sep 25 11:15am .. 2pm, Room L307
Ethical theories and their application in the corporate world, corporate governance, corporate social responsibility. Reading: Materials marked as "required" on NEO page; Barnes Chapter 3. |
5. Introduction to Contracts 1
Oct 2 11:15am .. 2pm, Room L307
Agreement v. contracts, elements of contracts, types of contracts, offers. Reading: Materials posted at NEO page. Barnes Chapters 9-10. |
6. Introduction to Contracts 2
Oct 9 11:15am .. 2pm, Room L307
Acceptance and consideration. Reading: Materials posted at NEO page; Barnes Chapters 11-12. |
7. Contract provisions and their interpretation 1
Oct 16 11:15am .. 2pm, Room L307
Capacity to contract and voluntary consent. Analysis of real contracts, Carlill v Carbolic Smoke Ball Company [1892]. Reading: Materials marked as "required" on NEO; Barnes Chapters 13-14. |
8. Contract provisions and their interpretation 2
Oct 23 11:15am .. 2pm, Room L307
Illegality, the form and meaning of contracts. Analysis of real contracts. EWCA Civ 1Frigaliment Importing Co. v. B. N. S. Int'l Sales Corp. - 190 F. Supp. 116 (S.D.N.Y. 1960). Reading: Materials marked as "required" on NEO; Barnes Chapters 15 - 16. |
9. Contract provisions and their interpretation 3
Nov 6 11:15am .. 2pm, Room L307
Third parties contract rights, performance & remedies. Reading: Materials marked as "required" on NEO, Barnes Chapters 17-18. |
10. Extracontractual liability, torts and delicts
Nov 13 11:15am .. 2pm, Room L307
Reasonable care, causality, damage, responsibility-liability. Donoghue v Stevenson [1932] UKHL 100 Reading: Materials posted at NEO page. Barnes Chap. 6 and 7. |
11. Competition law
Nov 20 11:15am .. 2pm, Room L307
Competition, antimonopoly, antitrust, public aid, Unfair competition. Reading: Materials marked as "required" on the NEO page; Barnes chapter 45. |
12. Presentations – 1st group of students
Nov 27 11:15am .. 2pm, Room L307
Presentations by all students in Group 1. The students in Group 2 will do peer-evaluation, in accordance with the evaluation rubric provided by the lecturer. |
13. Presentations – 2nd group of students
Dec 4 11:15am .. 2pm, Room L307
Presentations by all students in Group 2. The students in Group 1 will do peer-evaluation, in accordance with the evaluation rubric provided by the lecturer. |
14. Final Exam
Dec 11 11:15am .. 2pm, Room L307
Open book exam, in written form. Students will receive a hypothetical case and will answer a set of questions in relation to it. |