JUR 3641 Corporate Law

JUR 3641 Corporate Law

Course code: 
JUR 3641
Department: 
Law and Governance
Credits: 
7.5
Course coordinator: 
Kari Birkeland
Course name in Norwegian: 
Foretaksrett
Product category: 
Bachelor
Portfolio: 
Bachelor of Bus.Adm. with Accounting - Programme Courses
Semester: 
2024 Autumn
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

This course is included in the statutory study plan for obtaining approval as a Norwegian authorized accountant. 

Learning outcomes - Knowledge

During the course the students will acquire the necessary legal understanding of key issues in the legislation of importance to the profession as accountant. The course will give the students an introduction to the legal method and selected general private law issues and issues. The course will give the students insight into the general legal framework for the exercise of business activity and the legal rules that are of particular importance for the organization and exercise of such activities.

Learning outcomes - Skills

Students will be able to identify legal issues within the given topics and be able to analyze a problem complex rooted in legal sources. The students should be able to account for key legal and responsibility responsibilities related to the accountant's professional work tasks.

General Competence

Students will be able to acquire legal and ethical thinking, i.e. ethical traditions, norms and values in modern society. This will contribute to increased understanding of laws, regulations and practices, and develop the students' ability to relate to ethical and legal issues in a conscious manner. In addition, the students should be familiar with the grey area that is outside the clearly defined rules and the ethical principles established by legal standards in the legislation, and have a conscious attitude to how these can be handled in practice.

Course content

Company law
The Partnerships Act and the Companies Act with a special emphasis on mortgage rules, decision-making processes, distributions, practice of authority and company representation. Related issues are also discussed such as the law of business names and registration.

Financial crime
Selected parts of the Criminal Code, the Accounting Act, the Value Added Tax Act.

Debt negotiations and bankruptcy
An introduction is given to the main rules of the debt enforcement law and an overall presentation of the law of bankruptcy with a special emphasis on the bankruptcy terms, annulment rules and the debtor in bankruptcy's contractual obligations. A review of the economic terms for spouses/cohabitants with the main emphasis on the rules that are important for their creditors will also be given.

Employment law
An introduction to rules that apply to the individual workplace whether regarding both employers and employees.

Monetary claims
They shall have a good understanding of the rules concerning negotiable instruments in the law on debentures and the law on financial agreements.

Contract law
They shall have god understanding in mechanisms for the signing of contracts, power and representation, interpretation and completion of contracts and nullity and modification

Teaching and learning activities

The course consists of 45 contact hours altogether. Students are expected to have studied the relevant syllabus material and rules of law to be covered in each lecture in advance. 

During the semester two assignments will be set, and the students are given the opportunity to hand them in for feedback. The assignments are not mandatory.

E-learning
In course delivery as online courses, lecturer will, in collaboration with the student administration, organize an appropriate course implementation, combining different learning activities and digital elements on the learning platform. Online students are also offered a study guide that will contribute to progression and overview. Total recommended time spent for completing the course also applies here.

Software tools
No specified computer-based tools are required.
Qualifications

Higher Education Entrance Qualification

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

The course requires knowledge corresponding to the following courses or equivalent:
JUR 3420 Business Law or JUR 3430 Marketing Law.

Assessments
Assessments
Exam category: 
School Exam
Form of assessment: 
Written School Exam - digital
Exam/hand-in semester: 
First Semester
Weight: 
100
Grouping: 
Individual
Support materials: 
  • Bilingual dictionary
  • Digital resource: Lovdata Pro (Digital Exam Mode)
  • Compilation of laws
Duration: 
5 Hour(s)
Exam code: 
JUR36411
Grading scale: 
ECTS
Resit: 
Examination every semester
Type of Assessment: 
Ordinary examination
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
45 Hour(s)
Prepare for teaching
45 Hour(s)
Student's own work with learning resources
45 Hour(s)
Group work / Assignments
60 Hour(s)
Examination
5 Hour(s)
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.