Fundamentals of Business Law (ILV)

Back
Course numberB4.06360.20.310
Course codeGLWIRE
Curriculum2024
Semester of degree program Semester 2
Mode of delivery Presence- and Telecourse
Units per week3,0
ECTS credits5,0
Language of instruction German

Students are able to
• indicate the basic concepts of the Austrian legal system.
• subsume brief factual situations under norms and derive legal consequences from those norms.
• describe the most important terms and concepts of private law.
• present the requirements for concluding contracts.
• discuss the difference between and the legal consequences of root defects and defects in performance.
• contrast which different laws are to be applied when a private individual contracts with a private individual or a consumer with an entrepreneur or two entrepreneurs with each other.
• describe the principles of other selected areas of public commercial law.
• explain the requirements for contractual claims for damages.

• Introduction to law
• General contract law
• Root defects (lack of agency, error, threat, fraud, lack of form, unlawfulness and immorality of content )
• Performance impairment (default, subsequent impossibility, warranty)
• Tort law
• Basics of property law (ownership, possession, security rights, land register)
• Basics of selected areas of public commercial law

Bydlinski, P. (2020): Fundamentals of private law. Vienna: Manz Verlag.
Bezemek, Ch./Eberhard, H. et al. (2021): European and Public Commercial Law I and II. Vienna: Verlag Österreich.
Schwimann, M. (2019): Civil law for beginners. Vienna: LexisNexis Verlag.

Lecture, discussion, case studies

Integrated module examination
Final assessment type: written examAssessment method(s)