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Contract and obligation law

Structure Type: Study unit
Code: TL00BQ90
Curriculum: LT 2025V
Level: Bachelor of Business Administration
Year of Study: 2 (2026-2027)
Semester: Spring
Credits: 5 cr
Responsible Teacher: Teirfolk-Naarmala, Marika
Language of Instruction: Finnish

Learning Outcomes

After completing the course, the student will understand the role and significance of legislation in society and business. The student will have the basic knowledge of contract and obligation law needed in working life and business. The student will have a clear and structured overall understanding of the basic principles of contract law and will also know the basics of special contract law. The student will be able to evaluate a company's operations from a competition law perspective and apply competition legislation in practical business activities. Additionally, the student will master the basics of the formation of debt relationships and debt securities and understand these as part of a company's operations. The student will be able to critically evaluate contract, obligation, and competition law issues as part of a company's operations in society.

Student's Workload

In higher education, 1 credit corresponds to 27 hours of student work. For this course, that means 135 hours, which are divided into contact hours, exercises, and independent study.

Prerequisites / Recommended Optional Courses

No previous knowledge needed.

Contents

Key principles and concepts of contract law.
Formation and binding nature of contracts and related issues.
Different types of contracts and the legislation governing them.
The significance of competition law in business operations.
Formation of debt relationships and related legislation.
Debt securities and related legislation.

Regional Impact

Possible visits to local authorities.

Internationality

Internationality is reflected in this course from the perspective of EU law.

Recommended or Required Reading and Other Learning Resources/Tools

Moodle materials
Current legislation
Course literature and other materials specified by the teacher

Mode of Delivery / Planned Learning Activities and Teaching Methods

Teaching methods depend on whether it is a contact teaching group or a blended learning implementation.

Assessment Criteria

5: The student excellently masters the course learning objectives and can apply what has been learned in practice exceptionally well. The student also comprehends the significance of the course topics in society, both in the private and public sectors.

3: The student masters the course learning objectives well and can apply what has been learned in practice well. The student also comprehends the significance of the course topics in society, both in the private and public sectors.

1: The student satisfactorily masters the course learning objectives and is able to apply what has been learned in practice satisfactorily. The student also comprehends the significance of the course topics in society, both in the private and public sectors.


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