Legal Questions of an SME

Structure Type: Course
Code: KD07BHHA015
Type: Elective
Level: Bachelor
Credits: 2.0 points
Responsible Teacher: Salonen, Marja
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
LITAKO-2013   2 spring   2.0   2015-01-02   2015-07-31  
LITAKO-2014   2 spring   2.0   2016-01-01   2016-07-31  

Learning Outcomes

The student is able to prepare foundation documents and a legally valid company name of a partnership company and a limited company. He/she is aware of the owner´s liability for obligations of a company and is able to explain who can perform legal acts on behalf of a company. The student is able to find and apply in practice the essential legislation concerning partnership companies and limited companies.
The student knows the significance of efficient observing a ledger in connection with returns of a company. He/she is able to collect debt by voluntary and judicial ways. The student is able to prepare a legally valid payment order and an application for a summons.

Student's Workload

- lectures, legal case and information searching exercises 20 h
- independent work 34 h

Contents

- Partnership Act
- Companies Act (generally)
- Act on Collecting Debts

Recommended or Required Reading

- Jyrki Lindström: Luotonvalvonta ja saatavien perintä

- Karttunen-Koivunen-Laasanen-Sippel-Uitto-Valtonen: Juridiikan perusteet, 2008 p. 387-411

- legislation and legal praxis; www.finlex.fi and www.edilex.fi

- lectures

Mode of Delivery / Planned Learning Activities and Teaching Methods

- lectures
- legal case and information searching exercises
- independent work

Assessment Criteria

Excellent (5): The student is able to find and apply in practice legislation concerning partnerships and limited companies. He/she is able in practice to collect debts both voluntary and judicial ways. The student knows in detail how to realize property collaterals.
Good (4-3): The student is able to find and apply in practice essential legislation concerning partnerships and limited companies. He/she knows how to collect debts both voluntary and judicial ways. The student knows generally how to realize different kind of property collaterals.
Satisfactory (2-1): The student is able to find and apply in practice essential legislation concerning partnerships and limited companies. He/she knows generally how to collect debts both voluntary and judicial ways. The student knows generally how to realize both movable and immovable collaterals.

Assessment Methods

- exam
- also legal case exercises affect on the grade

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