JUR 3517 Law II

JUR 3517 Law II

Course code: 
JUR 3517
Department: 
Law and Governance
Credits: 
15
Course coordinator: 
Kari Birkeland
Product category: 
Bachelor
Portfolio: 
Bachelor of Law and Business - Programme Courses
Semester: 
2020 Spring
Active status: 
Active
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

The course focuses on questions relating to monetary claims and company law that may be relevant for an enterprise. The course is organized in four sub-courses:

  1. Company law
  2. Stock exchange and securities regulation
  3. Law of negotiable instruments
  4. Law of mortgages and pledges

The course follows a problem-based learning approach. The teaching is therefore composed of traditional lectures and seminar teaching. For the seminar teaching the class is divided into two smaller groups. After the subject for the seminar has been introduced the students work on assignments in study groups. The assignments will then be reviewed in a plenary session.

Learning outcomes - Knowledge

The students shall be familiar with the various forms of ownership in company law. They shall have gained in-depth knowledge of the laws on limited companies (private and public limited companies) and partnerships (general partnerships and apportioned liability partnerships). The students shall be familiar with the main rules in the stock exchange and securities legislation, in particular the duties and rights of investors and issuers. They shall have a good understanding of the rules concerning negotiable instruments in the law on debentures and the law on financial agreements. The students shall also be familiar with mortgage law issues, including the legal protection institution and the parties’ control of the collateral and hypothecary claim.

Learning outcomes - Skills

The students shall be able to identify company law and securities law issues. They shall also be able to account for the main rules regulating these areas. The students shall be able to account for the rules in the law on debentures and the law on financial agreements. They shall be able to recognize and assess problems relating to money claims. They shall be able to identify and account for the mortgagor’s position in relation to the mortgagee, other parties who acquire a right by way of contract, and creditors.

General Competence

The students shall have a conscious attitude towards the legal standards and ethical principles on which the rules in the company law, securities law, the law of negotiable instruments and the law of mortgages and pledges are based.

Course content

Company law

  • Types of ownership
  • Commercial ventures of limited companies
  • Establishing partnerships (general partnerships and apportioned liability partnerships)
  • Commercial ventures of partnerships
  • Distribution of dividend and the relationship to accounting law
  • Review of main features concerning reorganization and restructuring

Stock exchange and securities regulation

  • Acquisitions, including rules on mandatory bids and flag duty
  • Public emissions, including prospectus rules
  • Insider trading
  • Market manipulation
  • Information and notification requirement
  • Main issues in investment counselling

Law of negotiable instruments

  • Content and fulfilment of money claims (financial obligations)
  • Main provisions in the law on debentures
  • Settlement correction
  • Annulment of money claims due to limitation, etc.
  • Consequences of incorrect fulfilment of money claims
  • Claims with several debtors
  • Main provisions in the law on financial agreements

Law of mortgages and pledges

  • Creation of a mortgage
  • Limitations in the access to create mortgages
  • Legal protection rules
  • Security for unpaid purchase
  • Legal effects at the disposal of collateral stage
  • Mortgagee’s position in debt negotiations and bankruptcy
Teaching and learning activities

The duration of the course is 81 teaching hours consisting of lectures and seminars covering the four sub-courses. The lectures are regular teaching in the auditorium. In the seminars the students are organized in study groups for discussions and solving of assignments. The assignments that the students have worked on in the study groups will be reviewed in class in a plenary session. Students are required to take an active part in the seminars. Three voluntary hand-in assignments are set in the course. The students will be given a tentative grade and individual feedback on these hand-in assignments.
 

The allocation of lecture hours and seminar hours for each sub-course is as follows:

  • Company law
    • Lectures and group work - 24 hours.
  • Stock exchange and securities regulation
    • Lectures and group work - 18 hours.
  • Law of negotiable instruments
    • Lectures and group work - 21 hours.
  • Law of mortgages and pledges
    • Lectures and group work - 18 hours.
Software tools
No specified computer-based tools are required.
Qualifications

Higher Education Entrance Qualification.

Required prerequisite knowledge

JUR 3420 Business Law or JUR 3631 Marketing Law and Ethics

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
JUR35171
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
100Yes6 Hour(s)
  • Laws and regulations, including offprints of laws and law drafts
Individual
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • Laws and regulations, including offprints of laws and law drafts
Duration:6 Hour(s)
Comment:
Exam code:JUR35171
Grading scale:ECTS
Resit:Examination every semester
Type of Assessment: 
Ordinary examination
Total weight: 
100
Student workload
ActivityDurationComment
Teaching on Campus
54 Hour(s)
Class room
Online teaching
27 Hour(s)
Digital learning activitites
Prepare for teaching
80 Hour(s)
Student's own work with learning resources
150 Hour(s)
Group work / Assignments
83 Hour(s)
Examination
6 Hour(s)
Sum workload: 
400

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 15 ECTS credit corresponds to a workload of at least 400 hours.