Business Law - LBS201/1 Fall 2026
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
Aug 31 11:15am .. 2pm, Room 3.12
Class information, the foundation and meaning of the law and business law, legal systems, sources of law. Reading: Materials posted at MyLearning, Barnes Chapter 1. |
2. Criminal Law
Sep 7 11:15am .. 2pm, Room 3.12
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 14 11:15am .. 2pm, Room 3.12
Sole proprietorship, partnerships, LLCs, shareholder companies. Reading: Materials marked as "required" on NEO page; Barnes chapter 26. |
4. Business governance, corporation structures.
Sep 21 11:15am .. 2pm, Room 3.12
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 5 11:15am .. 2pm, Room 3.12
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 12 11:15am .. 2pm, Room 3.12
Acceptance and consideration. Reading: Materials posted at NEO page; Barnes Chapters 11-12. |
7. Contract provisions and their interpretation 1
Oct 19 11:15am .. 2pm, Room 3.12
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
Nov 2 11:15am .. 2pm, Room 3.12
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 9 11:15am .. 2pm, Room 3.12
Third parties contract rights, performance & remedies. Reading: Materials marked as "required" on NEO, Barnes Chapters 17-18. |
10. Extracontractual liability, torts and delicts
Nov 16 11:15am .. 2pm, Room 3.12
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 23 11:15am .. 2pm, Room 3.12
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 30 11:15am .. 2pm, Room 3.12
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 7 11:15am .. 2pm, Room 3.12
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 14 11:15am .. 2pm, Room 3.12
Open book exam, in written form. Students will receive a hypothetical case and will answer a set of questions in relation to it. |