Course Description

Technological Educational Institute of Thessaly
Faculty Administration And Economics
Department Business Administration
Course: Business Law
Prof. Dr. Ioannis Papadimopoulos
Learning outcomes
Business administration requires knowledge of commercial law. The objective of this course
is to provide fundamental knowledge in this field and facilitate the learning of relevant
processes and techniques that help the prospective graduate firstly, to understand the
institutional framework of companies (either privately owned or those having corporate
status) from establishment until closure and secondly, to implement the appropriate
regulatory procedures and techniques required for the everyday operation of a business.
Upon completion of the course at least three students will be able to:
1. Have a clear picture and understanding of the regulatory framework of commercial law.
2. Know the basic concepts and functions of commerce in general and the business in
particular, the notion of securities, responsibilities, accountability and liability of owners and
management, industrial company property, company consolidation, reorganization and
3. Evaluate rules and procedures that apply to the creation and operation of commercial
firms, company transformation and reorganization, company bankruptcy and the process of
issuing and managing exchange and bankers’ drafts.
4. Know which documents are required to found a commercial firm, the trade names and
patents as well as the operation and closure of the firm.
5. Draw up documents/reports that are necessary for the everyday business operation and
the legal validity of acts undertaken institutionally, within the company, or by company
Technological Educational Institute of Thessaly
Faculty Administration And Economics
Department Business Administration
General Skills
The course aims to facilitate:
• the searching, analysis and synthesis of data and information with the help
of new technologies,
• business adaptation to new economic conditions,
• business decision making,
• the development of individual and teamwork skills,
• work in an inter-disciplinary environment,
• creative thinking and new research idea generation,
• professional respect for diversity and multiculturalism,
• the advancement of and adherence to an equal opportunities policy,
• the development of analytical and critical thinking skills.
Provides knowledge to consolidate key concepts of the: Commercial Law, Law of Industrial
Property, Company Law, Securities, Business consolidation-reorganisation, Bankruptcy Law
and Individual non-traders’ Debt adjustments.
Course Content
The main topics covered (per week of instruction):
1. Commercial Law, Other relevant fields of legislation and Economics
2. Commerce - Electronic Commerce
3. Trading Transactions - operations
4. Notion of Trader, Commercial property, Commercial–accounting books
5. Company: Distinctive features, protection and taxation
6. Nature and classification of Registered companies and their features
7. General partnership, Limited partnership, Silent partner
8. Limited Company and Private Capital Company
9. Societѐ Anonyme (Public Company) and Cooperatives
10. Securities: Exchange, Bank Cheque, Promissory notes
11. Procedures for Business Consolidation-Reorganisation, Indebted Households
Technological Educational Institute of Thessaly
Faculty Administration And Economics
Department Business Administration
12. Commercial company Bankruptcy
13. Viewing material
Recommended Reading - Books
1.Kotsiris Lampros, Greek Law on Partnerships and corporations, 4.ed., 2013, ISBN
2. Adriaan F./ M. Dorresteijn / Tiago Monteiro/ Christoph Teichmann/ Erik Werlauf:
European Corporate Law, 2. ed., 2009, ISBN 9041124845
3. Mads Andenas/Frank Wooldridge, European Company Law, 2012.
- Journal Business of Law
- Business Law Review
- NYL Journal of Law & Business