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Introduction to Business Law
FBW11400

Description
Fundamentals and systematics of law 
• Functions of law, differentiation of law from custom, morality and ethics 
• Bifurcation of law into public law and civil law (private law) 
• Theory of sources of law (origin of law) 
• Classifications of law (objective and subjective law/formal and substantive law) 
• right/enforcing and yielding right). 
• Overview of state and state organization law, including fundamental rights. 
• Overview of the law of the European Union (EU) 

Introduction to private commercial law. 
• Overview of the legal areas of private commercial law 
• Structure and systematics of the German Civil Code (BGB) 
• Natural and legal persons 
• Legal objects 
• Legal transaction, declaration of intent, debt relationship 
• Formation of contracts 
• Right of representation 
• Deadlines and dates 
• Limitation 
• Freedom of contract (private autonomy) and limits (obligation to contract) 
• Overview of contractual obligations, with special emphasis on the law of sales contracts. 
• Overview of the performance problems (delay, impossibility) 
• Defects of quality and title in sales contract law 
• Overview of the law governing general terms and conditions (GTC) 
• Overview of the contract types of the BGB 
• Overview of the law of torts (tort law).

ECTS credits
5

Teaching Language
Deutsch

Exam Language
Deutsch

Support Materials Language
Deutsch

Basic Learning Outcomes

Managing Entity (faculty)