GRA 6213 Corporate Law - Forms of Corporations and Partnerships - RESIT EXAMINATION

GRA 6213 Corporate Law - Forms of Corporations and Partnerships - RESIT EXAMINATION

Course code: 
GRA 6213
Department: 
Law and Governance
Credits: 
6
Course coordinator: 
Tore Bråthen
Stine Winger Minde
Morten Lund
Product category: 
Master
Portfolio: 
MSc in Business - Business Law, Tax and Accounting
Semester: 
2018 Autumn
Active status: 
Re-sit exam
Resit exam semesters: 
2018 Autumn
2019 Spring
Resit exam info

This course belongs to the major in Business Law, Tax and Accounting and was last run spring 2018.

Teaching language: 
Norwegian
Course type: 
One semester
Introduction

Company Law is about companies and their legal relationships. Most commerce in society is run by companies in private or public ownership. Company law also includes internal aspects of the company and its owners, and the relationship between the company, its contracting parties and other stakeholders. The main focus of the course is on private and public limited companies, but other types of companies will also be covered.

Learning outcomes - Knowledge

The course covers the legal framework surrounding various forms of ownership used in the business community. An understanding of the legal framework is important to understand Norwegian business. After having completed the course, the students will have a basic understanding of company law and a good understanding of the rules concerning private limited companies, public limited companies and general partnerships.

Learning outcomes - Skills

The students shall be able to account for the main legal aspects and liabilities related to different companies. They shall be able to identify legal problems and be capable of analysing problem complexes on the basis of legal sources. The students shall be able to account for and solve legal questions that apply in company law.

Learning Outcome - Reflection

The students shall be aware of the grey area outside the clearly defined rules. They shall understand the ethical principles established in legal standards in the legislation, and know how to assess these issues in practice.

Course content
  • Review of the various forms of ownership (private limited companies, public limited companies, general partnerships with and without apportioned liability, limited partnerships, sole proprietorships, co-operatives, foundations, Norwegian Registered Foreign Companies, SE-companies), and what characterises these forms of ownership.
  • The sources of law of company law
  • Legal framework for business activity in companies (register legislation, accouting and auditing legislation, company name legislation, register of business enterprises act, central coordinating register act, competition laws, securities trading laws and taxation laws)
  • Registration requirement
  • EU/EEA company law and its influence on Norwegian company law
  • Establishing limited companies
  • Share capital and equity in private limited companies and public limiited companies
  • Shareholders rights
  • Corporate bodies in private and public limited companies (general assembly, board of directors, general manager, corporate assembly)
  • Formation of contracts that bind private and public limited companies (including contracts between the company and its shareholders, management, etc.)
  • Share trading in private and public limited companies
  • Redemption, exclusion and compulsory acquisition in private and public limited companies
  • Capital structure in private and public limited companies
  • Restructuring of private and public limited companies (mergers and demergers)
  • Dissolution and winding-up of private and public limited companies
  • Review of the main rules for general partnerships and apportioned liability (liability, establishment, the company's capital structure and organisation, changes in ownership, dissolution and winding-up)
Learning process and requirements to students

Lectures, discussions and exercises. Students are expected to be prepared for class.

Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class that is not included on It's learning or text book.

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

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA62131
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
100Yes5 Hour(s)
  • Bilingual dictionary
  • Laws and regulations, including offprints of laws and law drafts
Individual Written examination under supervision.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • Bilingual dictionary
  • Laws and regulations, including offprints of laws and law drafts
Duration:5 Hour(s)
Comment:Written examination under supervision.
Exam code:GRA62131
Grading scale:ECTS
Resit:Examination every semester
Exam organisation: 
Ordinary examination
Total weight: 
100