International Business Law 1

Affiliation to semester	1
Duration	1 semester
State of the module	Compulsory module
Frequency of offering	Each semester
ECTS	5
Hours of compulsory in credit hours	4
Learning outcome / competencies	Students: Have gained knowledge of legal fundamentals in general civil and commercial law. Are able to undertake comparative analysis of simple civil law case studies within the context of continental European law and common law and develop their own academic solutions. Understand the basics of contract law, in particular agreeing contracts, the role of third parties, the dissolution of contracts and the legal consequences of contractual non-compliance. Have gained an insight into the most important contact types for business. Are able to differentiate between contractual transactions (executory agreement) and material transactions (Possession business) , and assess the consequence of this division for different legal systems. Have gained an insight into the basics of property law. Understand the fundamental questions of international private law, in particular international contract and property law.
Level	1a
Necessary requirements	None
Recommended requirements	None
Method of examination (applicable are §§ 9-14 RStPO)	Written exam (120 minutes)
Performance rating	Differentiated by grades
Corresponding units	International Business Law 1
Accepted modules
Indications

Unit 1

Name of the unit	International Business Law 1 (SL)
Name of the corresponding module	1.4 International Business Law 1
Language	English
Rate of workload for the unit	100%
Rate of hours of compulsory in credit hours	4
Type of learning	SL
Content of the unit	The module compares the legal systems of Continental or Civil Law (in particular German law) and of the Common Law (in particular England and Wales) regarding the legal principles of the following aspects: legal systems, sources of the law, legal methodology, distinction of private and public law principles of comparative law freedom of contract, conclusion of contracts law of representation consumer protection consequence of a contract binding contract and ways to dissolve a contract relevant business law types of contract CISG breach of contract, in particular damages and avoidance/rescission loans and securities assignment tort law transfer of property
Literature	Robbers, Gerhard: An Introduction to German law, Nomos. Wörlen, Rainer; Balleis, Kristina; Angress, Alexandra: Introduction to English Civil Law, Alpmann Schmidt Verlag. Jewell, Michael: An Introduction to English Contract Law, Nomos. Sims, Vanessa: English Law and Terminology - A Guide for Practitioners and Students Bernstein, Nomos. Lookofsky, Joseph: Understanding the CISG in Europe, Kluwer Law International. Schlechtriem, Peter: Commentary on the UN Convention on the International Sale of Goods, Clarendon Press.