Company Law

Structure Type: Course
Code: LTVATH203
Type: Elective
Level: Bachelor
Credits: 3.0 points
Responsible Teacher: Salonen, Marja
Teacher Team: Salonen, Marja ; Palomäki, Juhani ; Potka-Soininen, Tuulia
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
LITAKO-2015   2 spring   3.0   2017-01-01   2017-07-31  
PK-2015   2 spring   3.0   2018-01-01   2018-07-31  
LITAKO-2016   2 spring   3.0   2018-01-01   2018-07-31  
PK-2016   2 spring   3.0   2019-01-01   2019-07-31  

Learning Outcomes

The student is able to find and apply in practice the essential legislation concerning partnership companies and limited companies. The student is able to explain the owner's liability for the obligations of a company and is able to explain who can perform legal acts on behalf of the company.

The student is able to prepare the foundation documents and a legally valid company name of a partnership company and a limited company. The student is able to describe the meaning of the trade register notice in different stages of business activity.

Student's Workload

- lectures and case exercises 30 h
- independent work 51 h

Prerequisites / Recommended Optional Courses

Basics of Law

Contents

- Companies Act (624/2006)
- Legislation concerning partnerships
- Company Names Act (128/1979)
- Trade Register Act (129/1979)

Recommended or Required Reading

- Airaksinen - Pulkkinen - Rasinaho: Osakeyhtiölaki I ja II
- Karttunen - Koivunen - Laasanen - Sippel - Uitto - Valtonen: Juridiikan perusteet, p. 387 - 440
- Companies Act (624/2006)
- Partnership Act (389/1988)

Mode of Delivery / Planned Learning Activities and Teaching Methods

- lectures
- legal case exercises
- independent work

Assessment Criteria

Assessment criteria
The course is assessed on a scale of 1 to 5
Excellent (5)
The student is able to find and apply in practice the legislation concerning partnership companies and limited companies. S/he is able to compare dissimilar corporate forms. The student is able to prepare the foundation documents of a partnership company and a limited company by himself and s/he is able to make a comparison between these documents.
Good (4-3)
The student is able to find and apply in practice the essential legislation concerning partnership companies and limited companies. S/he is able to explain the essential differences between corporate forms. The student is able to prepare the foundation documents of a partnership company and a limited company by himself.
Satisfactory (2-1)
The student is able to find the essential legislation concerning partnership companies and limited companies. S/he is able to explain the owner's liability for the obligations of a company and is able to explain who can perform legal acts on behalf of the company. The student is able to prepare the foundation documents of a partnership company and a limited company.

Assessment Methods

- a written exam

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