Identification
Prerequisites
Language
Compulsory/Elective
Required textbooks and
course materials
Subject
(code, title, credits)
Department
Program
(undergraduate,
graduate)
Term
Instructor
E-mail:
Phone:
Classroom/hours
LAW 305 Business Law – 3KU/6ECTS credits
Economics and Management
Undergraduate
Fall, 2015
Fuad Aliyev
adjlecturer@gmail.com
Tuesday 18:30:21:00, Room 306N
41 Mehseti street (Neftchilar campus), Khazar University
By advance appointment via e-mail
Office hours
None
English
Required/Elective (depending on specialization)
Primary Textbook: Business law/Robert W. Emerson/Fourth Edition, 2004.
Additional reading materials and power point presentations will be distributed by the instructor
prior to each class when necessary. In addition, we will examine and use the following
legislative materials:
Constitution of Azerbaijan
Civil Code of Azerbaijan
Tax Code of Azerbaijan
Labor Code of Azerbaijan
Other primary sources of law (all legislative materials will be provided in both English
and Azerbaijani languages in word or pdf format)
Course website
N/A
Course outline
This business law course is more than merely studying laws and it aims to introduce basic
concepts of law in the business context and critical thinking skills that the students will be able
to apply in a real-life business issues. It will examine major legal concepts in dealing with
business organizations, contracts, banking procedures, international business transactions,
taxation, employment contracts and dispute resolution mechanisms that business graduates
might encounter in their professional activities.
- teaching business students to understand laws;
- introducing basic contract law and other legal concepts;
- understanding the importance of legal matters in business decision-making processes;
- developing basic legal reasoning, writing, interpretation and problem solving skills;
- acknowledging business ethics and guidelines when making business decisions.
- Knowledge of basic legal concepts;
- Ability to do basic legal research;
- Ability to provide basic legal analysis and advice.
X
Lecture
X
Group discussion
Experiential exercise
X
Case analysis
Simulation
Course paper
X
Others
Methods
Date/deadlines
Percentage (%)
25
Midterm Exam
Case studies
5
Class Participation
5
Activity
25
Assignment and quizzes
Project
Presentation/Group
Course objectives
Learning outcomes
Teaching methods
Evaluation
Discussion
Final Exam
Others
Total
40
100
Week
Policy
Tentative Schedule1
Topics
Date/Day
(tentative)
1
19.09.2015
Nature of the Law: what is law and why business students/people
should study and know it. Functions of Law
2
26.09.2015
Legal/Government Systems, Sources of Law and Enactment of
Laws
Legal System and Legislation of Azerbaijan
Textbook/Assignments/Rea
ding
1.Book: pp. 3-19
1. Constitution of Azerbaijan:
Articles (Maddə) 1-8, 15, 18,
19, 29-30, 33-35, 59, 72-73,
81-133, and 147-158 of the
Constitution
QUIZ 1
3
3.10.2015
Business organizations:
History, Nature, Organizational-Corporate Structure, Management
and State Registration of Business Entities, Regulatory Agencies
and Other Regulatory Issues
General Classification and Forms of Business Entities
4
10.10.2015
Business organizations continued
1.
Book: pp. 305-442;
2.
Civil Code: Articles 4354, 87-91, 98-103, 107,
107.10;
3.
Law
on
Entrepreneurship
Activity: Articles 1-4, 6,
7, 11, 16-17;
4.
Presidential Decree on
Improvement of Rules
on Licensing.
Book: pp. 305-442;
1.
QUIZ 2
5
1
17.10.2015
Introduction to Contract Law: principles, classification and forms
of contracts, parties, essentials, offer, acceptance, assignment
1.
Book: pp. 81-100
and 118-128;
Terms of the Contract: express and implied terms, exclusion of
liability, interpretation
2.
Civil
Code:
Articles 324, 389,
390, 394, 397-400,
405-409, 411, 417424, 443. 443, 447,
448--461, 470, 478,
491, 527, 567, 614,
627, 646, 655, 662,
666, 675, 700, 706,
723, 747, 752, 762,
777, 787, 842, 850,
883, 943, 954
Class dates are subject to change with coordination of the Economics and Management Department and all students
will be notified at least 6-3 hours in advance.
6
24.10.2015
Consideration in contracts
1.
Book pp. 103-116
and 144-163;
Formation and Performance
Validity and Enforceability of contracts
Defects in the contract: misrepresentation, mistake, duress, and
undue influence, illegality, incapacity
Resolving Legal Disputes: discharge of contracts, remedies for
breach, arbitration, statute of limitations
7
31.10.2015
Midterm Exam
8
07.11.2015
International Contracts and Business Transactions: Choice of Law
and Forum, Convention on International Sale of Goods,
INCOTERMS
N/A
1.
Book: pp. 166-183
and 616-625;
2.
Reading materials
assigned by the
instructor.
1.
Book: pp. 234-245;
2.
Law
Bank:
10-11,
20-22,
54-55
1.
Law on Banks:
Articles 1-7, 10, 14,
16, 19-20, 23-28,
31-37, 41-42, 46, 82
2.
Civil Code: Articles
943-970
3.
Further reading on
banking legislation:
http://www.cbar.az/lp
ages/legislation/regul
ations/
Articles 177-213 of
the Criminal Code;
International Contracts: general obligations,
change in
circumstances, conformity of goods & third-party claims, breach &
remedies, arbitration
9
14.11.2015
Banking and Financial Institutions: functions and regulatory
powers of the Central Bank of Azerbaijan, banking, non-banking
institutions, credit unions, investment banks, opening of bank
accounts, deposits, loans and mortgages, wire transfer systems
on Central
Articles 1-6,
14, 16-17,
28-41, 46-50,
International Financial Institutions
World Trade Organization: Functions, Advantages and Structure
10
21.11.2015
Banking and Financial Institutions continued
QUIZ 3
11
28.11.2015
Crimes and Torts
1.
2.
Law
on
Antimonopoly Activity:
Articles 2- 15.
1.
Tax Code of
Azerbaijan: Articles
1, 3-9, 11, 13, 3031, 33-34, 36-38,
Anti-Monopoly Law
12
05.12.2015
Taxation: Major Tax Issues of Contracts
95, 97, 101-102,
105-106, 153-155,
159, 165, 173, 182190, 218-220;
2.
13
12.12.2015
Employment Law Contracts
14
19.12.2015
Taxation: Major Tax Issues of Contracts
1.
Labor
Code
of
Azerbaijan: Articles
3-6, 9-12, 15, 16,
18, 42 - 53, 65-66,
68-72,
77-79,
114, 261, 265, 293 299.
Reading pp. 449479 and 587-603;
Employment Law Contracts CONTINUED
QUIZ 4
15
26.12.2015
Property and Non-Property Rights: Intellectual Property
Consumer Protection Law
Civil Code
Consumer Protection, Review of the course
16
TBD
FINAL EXAM
All topics taught
after the mid-term
exam.