Business Law - LBS201/2 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 2 8am .. 10:45am, Room 3.27
Class information, the foundation and meaning of the law and business law, legal systems, sources of law. Reading: Barnes chapter 1, materials marked as "required" on NEO. |
2. Criminal Law
Sep 9 8am .. 10:45am, Room 3.27
Public law vs. private law, criminal law, elements of a crime, business related crimes. Reading: Barnes chapter 5 and materials marked as "required" on NEO page. |
3. Business Forms
Sep 16 8am .. 10:45am, Room 3.27
Sole proprietorship, partnerships, LLCs, shareholder companies Reading: Barnes chapter 26, materials marked as "required" on NEO. |
4. Business governance, corporation structures
Sep 23 8am .. 10:45am, Room 3.27
Ethical theories and their application in the corporate world, corporate governance, corporate social responsibility. Reading: Barnes chapter 3, materials marked as "required" on NEO. |
5. Introduction to Contracts 1
Sep 30 8am .. 10:45am, Room 3.27
Agreement v. contracts, elements of contracts, types of contracts, offers. Reading: Barnes Chapters 9-10, materials marked as "required" on NEO. |
6. Introduction to Contracts 2
Oct 7 8am .. 10:45am, Room 3.27
Acceptance, consideration. Reading: Barnes Chapters 11-12, materials posted at NEO page. |
7. Contract provisions and their interpretation 1
Oct 14 8am .. 10:45am, Room 3.27
Capacity to contract and voluntary consent. Analysis of real contracts, Carlill v Carbolic Smoke Ball Company [1892] Reading: Barnes chapters 13 - 14, materials marked as "required" on NEO. |
8. Contract provisions and their interpretation 2
Oct 21 8am .. 10:45am, Room 3.27
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: Barnes Chapters 15-16, materials marked as "required" on NEO. |
9. Contract provisions and their interpretation 3
Nov 4 8am .. 10:45am, Room 3.27
Third parties contract rights, performance & remedies. Reading: Materials marked as "required" on NEO; Barnes Chapters 17-18. |
10. Extracontractual liability, torts and delicts
Nov 11 8am .. 10:45am, Room 3.27
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 18 8am .. 10:45am, Room 3.27
Competition, antimonopoly, antitrust, public aid, unfair competition. Reading: Materials marked as "required" on the NEO page; Barnes chapter 45 on antitrust laws. |
12. Presentations – 1st group of students
Nov 25 8:15am .. 11am
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 2 8:15am .. 11am
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 9 8:15am .. 11am
Open book exam, in written form. Students will receive a hypothetical case and will answer a set of questions in relation to it. |