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Legal Ethical and Regulatory Environment of Business Chapter business legal

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					                         Azerbaijan University
                  Master of Business Administration



                                 Course Syllabus

     MBA 8030 LEGAL, ETHICAL AND REGULATORY
             ENVIRONMENT OF BUSINESS

                                 Fall Semester 2009




INSTRUCTOR:
     Elnara Guliyeva, MA of International and Comparative Law
     Uppsala University, Sweden
     Email: elnarama@hotmail.com
                                           SYLLABUS
         Legal, Ethical and Regulatory Environment of Business
                                              Fall 2009

OFFICE HOURS:
     Sat 12h00 – 15h00


WELCOME
Welcome to Legal, Ethical and Regulatory Environment of Business. I am confident that you are
going to find this course exhilarating, rewarding and challenging. To avoid any misunderstanding,
you are encouraged to read this course outline and to bring the prescribed text to each class
meeting.

COURSE MATERIALS:

   1.   Civil Code of the Republic of Azerbaijan
   2.   Law on the Registration of Legal Entities
   3.   Law on Arbitration
   4.   Labour Code
   5.   UN Convention on Contracts for International Sale of Goods
   6.   EU Convention on Law Applicable to contractual obligations (Rome Convention)
   7.   Convention on the Law Applicable to Sale of Goods (The Hague)
   8.   Convention on recognition and enforcement of foreign arbitral awards
   9.   The Legal Environment of Business and Online Commerce, Henry R. Cheeseman

Recommended:

The Arbitration Agreement, Ramberg

INCOTERMS


COURSE DESCRIPTION:
 Legal, Ethical and Regulatory Environment of Business, seeks to increase understanding of the
 most important legal issues affecting business, in other words, the ‘legal environment’ in which
 businesses operate. Specific emphasis will be given to the business laws of the Republic of
 Azerbaijan and international mechanisms. Practical application of these laws will be
 demonstrated by considering various real life cases. Students will be given ample opportunity to
 apply legal principles to fictitious case studies, thereby furthering their skills in legal reasoning.

INSTRUCTIONAL METHODS:
  Lecture/Discussion/Case Studies/Debates/Examinations

PREREQUISITES:

 Good command of reading/speaking/written English


COURSE OBJECTIVES:
   Develop a basic understanding of the legal principles, concepts and business laws with
    emphasis on those of Azerbaijan

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                                                    SYLLABUS
           Legal, Ethical and Regulatory Environment of Business
                                                     Fall 2009

        Recognize when one has a legal issue in various business settings and transactions
        Develop process of critical reasoning-- students will be able to review factual situations and
         apply sound legal reasoning to reach a conclusion
        Acquire a knowledge of basic legal terminology
        Understand the legal principles surrounding formation of contract, terms, breach of contract
         and remedies
        Assess the legal strengths and weaknesses of each type of business organization
        Develop an understanding of the international legal environment


Course Content:

Week            Reading/Assignments
Week 1          Introduction

                What is Law (brainstorming)? Principles and sources of law.
Week 2          Overview of previous session

                Legal systems of the world. What is general and what is unique.
Week 3          Overview of previous session

                Business and Law.
                Establishment of a business unit
                Registration of business entities
                Requisites of a business entity
                Types of business units

Week 4          Overview of previous session

                Contracts
Week 5          Quize 1

                Different types of contracts.
                International mechanisms regulating contracts law
Week 6          Overview of previous session

                Case study
Week 7          Presentations of the cases
                Evaluation
Week 8          Intellectual property law

Week 9          Overview of previous

                Employment law (general points)

Week 10         Quize 2

Week 11         International transportation law

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                                               SYLLABUS
          Legal, Ethical and Regulatory Environment of Business
                                                  Fall 2009

Week          Reading/Assignments
                 - via road
                 - via sea
                 - via air
                 - via railway

Week 12       Overview of previous session

              Resolution of disputes between businesses
              International Commercial Arbitration
Week 13       Overview of previous session.

              Case study
Week 14       Presentation by working groups

              Ethical aspects of business relationships
Week 15       Quize 3

Week 16       Final exam




ATTENDANCE POLICY:
   Attendance: - this is mandatory. Absence shall have very serious excuse


GRADING DISTRIBUTION:

                      Evaluation Device
                                                                    Points
       Final Examination                                                45
       Case study 1                                                      5
       Case study 2                                                     10
       Quizes                                                           30
       Participation in the lectures                                    10
         Total                                                         100

       Note: The instructor will on every lecture call on students to respond to questions
       related to the lecture or material covered in the text. The quality of your response will
       also be considered as a part of your class participation score.




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                                       SYLLABUS
      Legal, Ethical and Regulatory Environment of Business
                                         Fall 2009
ADDITIONAL INFORMATION:

    1. Student success in Legal Environment of Business, is usually correlated with the
       following: diligent class attendance, careful homework preparation, and comprehensive
       preparation for quizzes and examinations.

    2. Diligent class attendance includes timely arrival (5 minute grace period) and
       attentiveness to classroom activities coordinated by the instructor. Late arrival to class
       disrupts the flow of course material and is an inconsiderate distraction to the instructor
       and to those students who arrived on time. Please plan to arrive in class at the
       appointed time, ready to begin working. Attentiveness to classroom activities includes
       being prepared to participate in classroom discussions and share ideas concerning the
       course material. It does not include socializing with colleagues. Please turn off mobile
       phones upon arrival in class.

    3. Assigned cases should be reviewed in detail and summarized in anticipation for class
       discussion.

    4. The course syllabus, all course handouts, presentations and other power point
       presentations will available to all students through the department and sent to email
       addresses.




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