Corporate Law and Law of Contracts

Code:

1GE102

Acronym:

DCS

Keywords
Classification	Keyword
OFICIAL	Legal Sciences

Instance: 2022/2023 - 1S

Active?	Yes
Responsible unit:	Secção Autónoma de Direito
Course/CS Responsible:	Bachelor in Business Administration

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
LGES	318	Bologna Syllabus since 2012	1	-	6	63	162

Teaching language

Portuguese

Objectives

The curricular unit (CU) has as main objective to respond to the needs of transversal training of students in the area of Legal-business Science, transmitting basic knowledge about Law as 'social reality' and structural lines of the national and international legal system.

The study of fundamental notions of law is the starting point, since those who are oriented to develop the professional activity within the company must master the general coordinates of the legal regulation applicable to the context.
It follows the study of the basic legal regime of the commercial company (most common form of legal organization of the company), as well as of the contract regime (privileged instrument of economic collaboration).

As the first CU of the course that belongs to the field of Legal Science, it is also intended as an introductory platform for the CUs of Tax Law, Labor Law (1st cycle of studies), Competition Law, Tax Law and Corporate Law , Labor Law, Environmental Law, Health Law, International Business Law, Commercial Contracts, among others (2nd cycle of studies).

Learning outcomes and competences

1. 
   
   Apply basic notions of law regarding the organization and operation of the legal system, as well as legal technique.
   
   


2. Identify thr constitutional principles for the organization of political power and the portuguese economic and social structure.


3. 
   
   Recognize the contract as a legal instrument in the service of private autonomy and the development of business economic activity.
   
   


4. 
   
   Identify and distinguish the different modalities of contract formation in general.
   
   


5. 
   
   Anticipate and value the legal consequences of contract formation.
   
   


6. 
   
   Predict the financial impact on the company as a result of breach of contract.
   
   


7. 
   
   Classify the main contractual types and recognize the underlying economic interests.
   
   


8. 
   
   Identify and characterize types of commercial.
   
   


9. 
   
   Demonstrate the meaning of each of the phases of the constitution of a commercial company in the various modalities.
   
   


10. 
    
    Interpret and explore the functional dynamics of the governing bodies.
    
    


11. 
    
    To frame in the corporate life the exercise of the main rights and the fulfillment of the main duties of the members.
    
    


12. 
    
    Simulate decision making in a business environment based on legal and economic reasons.
    
    

Working method

Presencial

Program

Part 1 - Introduction

1. The Law, the Market and the Company;


2. Basic concepts: legal system; sources of Law, legal rules and Law enforcement; Jural relation;


3. The constitutional organization of the portuguese economy;


4. The protection of rights and the resolution of disputes.

Part 2 - Contract Law

1. Contract: Concept and legal-economic function;


2. Fundamental principles;


3. Formation and conclusion of the contract;


4. Effects of the contract;


5. Liability;


6. Types of commercial contracts: enunciation and general aspects.

Part 3 - Business Law

1. Framework for commercial activity;


2. Notion and types of commercial companies;


3. Formation of the commercial company;


4. Shareholdings;Rights and obligations of members (the basics);


5. Governing bodies; identification and funtions.

Mandatory literature

ULL; Manual de Introdução ao Direito. ISBN: 9789724078212

Comments from the literature

1. Complementary support texts will be made available

1. Mandatory legislation (on paper, updated and not commented):

Teaching methods and learning activities

The curricular unit makes use of active learning methodologies, using as main practices: Flipped Classroom and Problems.

keywords

Social sciences > Juridical sciences > Private law

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Teste	100,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	99,00
Frequência das aulas	63,00
Total:	162,00

Eligibility for exams

Attendance is compulsory but not controlled.

Calculation formula of final grade

In the normal evaluation period students can choose one of the following ways:

Option I - Final exam:

1. Consists of a written exam; 


2. The result is 100% of the final classification.

Option II - Distributed evaluation:
Consists of:

1. weekly quizzes (via Moodle);


2. 1 test (multiple choice) to be performed in the last week of classes;


3. 1 written test (open answer) to be taken on the date of the final exam.


4. Weighting of the evaluation components in the final classification: Quizzes = access condition to the distributed evaluation; test (multiple choice) = 30%; Written test = 70%;


5. For the purpose of final classification, between the result of the written test and that which results from the weighting described in the previous number, whichever is higher prevails.

In all situations not foreseen, the Evaluation Regulation of the FEP-UP shall apply.

Classification improvement

See the FEP-UP Evaluation Regulation.

Observations

1. During the assessment tests students cannot use or make available to any element (eg. notes, index, mobile phones...) other than the exam statement, the answer sheet, the writting material and legislation (if applicable).


2. The legislation to be consulted cannot contain any note, except for possible cross-reference.