SECTION I: GENERAL INFORMATION ABOUT THE COURSE |
Course Code | Course Name | Year | Semester | Theoretical | Practical | Credit | ECTS |
60421TATOZ-HUK3045 | Business Law | 3 | Fall | 3 | 0 | 3 | 4 |
Course Type : | Compulsory |
Cycle: | Bachelor TQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree |
Language of Instruction: | Turkish |
Prerequisities and Co-requisities: | N/A |
Mode of Delivery: | Face to face |
Name of Coordinator: | Instructor NİGAR BABAYEVA |
Dersin Öğretim Eleman(lar)ı: |
Instructor TUĞBA İMAL ÖZCAN Instructor NİGAR BABAYEVA |
Dersin Kategorisi: |
SECTION II: INTRODUCTION TO THE COURSE |
Course Objectives: | Aim of lecturer, to inform to students concerning basis of terms of commercial law as the main of right, law, law state and the systems of commercial law, the branches of commercial law and the procedures of commercial law in our conutry. |
Course Content: | Principles of commercial law; hierarchy of law; branches of the commercial law system; legal relationships and rights; ; Commercial Law; individual rights; Private contracts (leasing, franchising, factoring, forfaiting) |
Knowledge (Described as Theoritical and/or Factual Knowledge.) | ||
Skills (Describe as Cognitive and/or Practical Skills.) | ||
Competences (Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.) | ||
1) What are the fields of Commercial Law?
Commercial law is examined under 6 sub-titles. These are: Commercial Business Law, Corporate Law, Negotiable Documents Law, Transportation Law, Maritime Trade Law and Insurance Law. |
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2) Company law is a branch of law within the scope of commercial law, which includes norms on issues such as the establishment, merger, division, transfer, type change, liquidation of commercial companies and examines the legal relations with commercial companies. |
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3) Strong and effective corporate governance helps to cultivate a company culture of integrity, leading to positive performance and a sustainable business overall. Essentially, it exists to increase the accountability of all individuals and teams within your company, working to avoid mistakes before they can even occur.
When a company has solid corporate governance, it signals to the market that the organization is well managed and that the interests of management are aligned with external stakeholders. As a result, it can provide your company with a strong competitive advantage. |
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4) What does bankruptcy mean in law?
Bankruptcy is a forced liquidation procedure carried out by the bankruptcy bodies on all assets of the debtor in order to collect the receivables of the creditors. It is an opportunity given to the creditors to follow the bankruptcy persons through bankruptcy. |
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5) Contract law is a specific area of the law that specializes in contracts. Just as doctors specialize in certain areas of medicine, there are some lawyers who specialize in contract law.
Contract law focuses on making agreements that are legally binding. Then, contract law also enforces those agreements to make sure parties do what they say they will do. Agreements are an important part of everyday life, and you may sign an agreement with a business if you purchase something expensive.
Or, if you decide to work for someone, you will sign a contract that specifies the scope of your duties as well as your compensation. Essentially, a contract is a way of formalizing an agreement you make with another party. Both parties who sign the contract are expected to adhere to it.
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6) E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.What does the new e-commerce law bring? |
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7) Contracts for the International Sale of Goods (CISG), also referred to as Vienna Convention, is a treaty that was formed by the United Nation in order to create a uniform international convention or model law. The resultant model law is commonly used to govern international sales agreements. It has become an almost universally adopted Convention with 179 states party to it. The Vienna Convention on Diplomatic Relations is fundamental to the conduct of foreign relations and ensures that diplomats can conduct their duties without threat of influence by the host government. |
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8) The IMF is an organization of 189 member countries that works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
The IMF employs three main functions – surveillance, financial assistance, and technical assistance – to promote the stability of the international monetary and financial system. |
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9) Unfair competition law primarily consists of torts that cause economic damage to a business through a deceptive or wrong commercial practice. Unfair competition can be divided into two broad categories:
Unfair competition is sometimes used to refer to torts (also known as deceptive trading practices) that are solely intended to confuse consumers as to the origin of the product. Unfair trading practices
covers all other forms of unfair competition.
Unfair Competition Provisions in the New Turkish Commercial Code |
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10) The legal system of each country reflects the values of its society. As a result, national laws and the structure of local judicial systems differ significantly from country to country. However, many types of legal situations or events, such as marriage, inheritance of the decedent, torts, and business transactions, are generally not limited to a single country or even a single jurisdiction within a country. The courts of each relevant country may claim jurisdiction over the matter, and the laws of each relevant country may apply under certain circumstances. Where such conflicts or differences exist, procedures must be in place to resolve them; The term conflict of laws (sometimes referred to as conflict or conflict law) describes a body of laws designed to resolve problems arising from the differences between the legal systems of each country or state. Conflict of laws is a term used primarily in the United States, Canada, and increasingly in the United Kingdom. In many other countries (and historically the United Kingdom), the term private international law is used. |
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11) Kyoto mechanisms:
Clean development mechanism (CDM)
Common application (JI)
Emissions trading (ET)
Kyoto mechanisms:
Promoting sustainable development through technology transfer and investment
Help countries with Kyoto commitments meet their goals by reducing emissions in other countries or removing carbon from the atmosphere cost-effectively
Encouraging the private sector and developing countries to contribute to emissions reduction efforts
CDM and JI are two project-based mechanisms that feed the carbon market. CDM involves investing in developing countries to reduce emissions or improve removal projects that contribute to their sustainable development, while JI allows developed countries to carry out projects to reduce or increase emissions in other developed countries.
Annex I Parties to the Convention should provide information in their national communications under the Kyoto Protocol to demonstrate that their use of mechanisms is complementary to local action to achieve their objectives. This information is evaluated by the facilitating branch of the Compliance Committee. |
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12) We use trade-related corruption metrics to investigate the effects of corruption on international trade and compare the results with the consequences of corruption in general. We distinguish corruption in an exporting economy from that in an importing economy. Both distinctions seem important. In general, corruption hinders international trade, while paying bribes to customs increases imports. This effect is strongest in importing countries with inefficient customs. High waiting times at the border significantly reduce international trade. The effects of corruption and the unpredictability of policies are not certain. |
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13) Research and analytical studies of the carriage of goods and international commercial law, in particular (i) the carriage of goods by sea and multimodal transport, most recently "Rotterdam Rules 2008"; (ii) aspects of air law; (iii) transport documents and their electronic equivalents; as well as (iv) other legal aspects of international trade, in particular the sale of goods under conditions of shipment (CIF and FOB).
It should also be noted that a number of international conventions in the field of commercial maritime law have been negotiated and adopted or drafted mainly under the auspices of UNCTAD. In addition, several non-mandatory rules were adopted under the auspices of UNCTAD. |
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14) Fınal Exam |
Course Notes / Textbooks: | Prof.Dr.Ayşe Nur Berzek Ticaret Hukukunun Genel İlkeleri, 11.baskı Mustafa Çeker, Ticaret Hukuku Genel Esaslar, Karahan Kitabevi, Adana 2015 . Yılmaz Aslan, Ticaret Hukuku Dersleri, 2016 Doğan Şenyüz, Yılmaz Aslan, İşletme Hukuku, 2012 Mehmet Bahtiyar, Kıymetli Evrak Hukuku, Beta Yayınevi, İstanbul 2016 Mehmet Bahtiyar, Ticari İşletme Hukuku, Beta Yayınevi, İstanbul 2015 Adolf Berle-Gardiner Means (1932).The Modern Corporation and Private Property.US: Transaction Publisher. Ahmed Naciri (2008).Corporate Governance Around the World. New York: Routledge Press. Adrian Davias (1999). A Strategic Approach to Corporate Governance. Great Britain: Cambridge University Press. Adam Smith (2005).An Inquiry Into The Nature and Causes of the Wealth of the Nations.USA: The Pennsylvania State University Press. Bob Tricker (2012).Corporate Governance: Principles, Policies and Practices. Great Britain: Oxford University Press. Christine Mallin (2012).Handbook On International Corporate Governance: Country Analyses.2nd edition, UK: Edward Elgar Publishing Inc. Felix Lopez Iturriaga (2009).Codes of Good Governance Around the World. New York: Nova Science Pub Inc. Institute of Directors (2005).The Handbook of International Corporate Governance: A Definitive Guide: A Country by Country Guide.UK: Kogan Publisher. Jonathan Macey (2008).Corporate Governance: Promises Kept, Promises Broken. New Jersey: Princeton University Press. Lewis Black (2007).Why corporations choose Delaware USA: Delaware Department of State. Patrick Gaughan (2010). Mergers,Acquisitions and Corporate Restructurings.5th edition.USA: John Wiley & Sons Inc. Press. Reiner Kraakman,John Armour,Paul Davies,Henry Hansmann,Gerard Herdic, Klaus Hopt, Hideki Kand, Edward Rock,Luca Enrique (2009).The anatomy of corporate law: a comparative and functional approach.2nd edition, United Kingdom: Oxford University Press. Thomas Clarke (2007).International Corporate Governance, A Comparative Approach. New York: Routledge Press. Thorstein Veblen (1923).Absentee Ownership: Business Enterprise in Recent Times: the Case of America, New York: Viking Press. Willem Calkoen (2012).The One-Tier Board in the Changing and Converging World of Corporate Governance: A comparative study of boards in the UK, the US and the Netherlands, Netherland: Kluwer. William Orville Douglas, Go East Young Man (1994), New York: Garland. Journal articles Andrei Shleifer - Robert Vishny (1997).”A Survey of Corporate Governance”. Journal of Finance 52.2, pp 737-783. Bruce Aronson (2012).”The Olympus Scandal and Corporate Governance Reform: Can Japan Find a Middle Ground between the Board Monitoring Model and Management Model?” UCLA Pacific Basin Law Journal 30.1, pp 93-148. Edward J. Eberle (2009).”The Method and Role of Comparative Law”. Washington University Global Studies Law Review. 8.3, p 452. Gordon Jeffrey. (2002).”What Enron Means for the Management and Control of the Modern Business Corporation: Some initial reflections”. University of Chicago Law Review 69.3, p1233. Hakan Orbay - Burcin Yurtoglu (2006).”The Impact of Corporate Governance Structures on the Corporate Investment Performance in Turkey”. The Authors Journal Compilation 14.4, pp 349-36. Harwell Wells (2010).”Birth of Corporate Governance”. Seattle University Law Review 33.4, pp 1247-1292. Hillary Sale (2004).”Delaware’s Good Faith”. Cornell Law. Review 89, pp 104-106. Jerzy Grabowiecki (2006).”Keiretsu groups: Their role in Japanese Economy and a reference Point (or a paradigm) for Other Countries”. Visiting Research Fellow Monograph Series N413.Institute of Developing Economies, Japan External Trade Organization. Jonathan Macey - Geoffrey Miller (1991).”Origin of the Blue Sky Laws”. Texas Law Review, 70.2, pp 348-352. Roberta Karmel (1984).”Independent Directors: The Independent Corporate Board: A Means to What End? “, George Washington Law Review, 52.4-5. Sofie Cools (2005). ”The Real Difference in Corporate Law between the United States and Continental Europe: Distribution of Powers”. Delaware Journal of Corporate Law 30.3, pp 697-766. Stijn Claessens-BurcinYurtoglu (2012).”Corporate Governance and Development, An Update”. Focus 10, Global Corporate governance Network, IFC. Yoshikawa, T-McGuire, J. (2008).”Change and continuity in Japanese corporate governance”. Asia Pacific Journal of Management 25.1, pp 5-24. Uma Sridharan, Lori Dickes-Royce Caine (2002).”The Social Impact of Business Failure: Enron”. American Journal of Business, 17.2. |
References: | Prof.Dr.Ayşe Nur Berzek Ticaret Hukukunun Genel İlkeleri, 11.baskı Mustafa Çeker, Ticaret Hukuku Genel Esaslar, Karahan Kitabevi, Adana 2015 . Yılmaz Aslan, Ticaret Hukuku Dersleri, 2016 Doğan Şenyüz, Yılmaz Aslan, İşletme Hukuku, 2012 Mehmet Bahtiyar, Kıymetli Evrak Hukuku, Beta Yayınevi, İstanbul 2016 Mehmet Bahtiyar, Ticari İşletme Hukuku, Beta Yayınevi, İstanbul 2015 Adolf Berle-Gardiner Means (1932).The Modern Corporation and Private Property.US: Transaction Publisher. Ahmed Naciri (2008).Corporate Governance Around the World. New York: Routledge Press. Adrian Davias (1999). A Strategic Approach to Corporate Governance. Great Britain: Cambridge University Press. Adam Smith (2005).An Inquiry Into The Nature and Causes of the Wealth of the Nations.USA: The Pennsylvania State University Press. Bob Tricker (2012).Corporate Governance: Principles, Policies and Practices. Great Britain: Oxford University Press. Christine Mallin (2012).Handbook On International Corporate Governance: Country Analyses.2nd edition, UK: Edward Elgar Publishing Inc. Felix Lopez Iturriaga (2009).Codes of Good Governance Around the World. New York: Nova Science Pub Inc. Institute of Directors (2005).The Handbook of International Corporate Governance: A Definitive Guide: A Country by Country Guide.UK: Kogan Publisher. Jonathan Macey (2008).Corporate Governance: Promises Kept, Promises Broken. New Jersey: Princeton University Press. Lewis Black (2007).Why corporations choose Delaware USA: Delaware Department of State. Patrick Gaughan (2010). Mergers,Acquisitions and Corporate Restructurings.5th edition.USA: John Wiley & Sons Inc. Press. Reiner Kraakman,John Armour,Paul Davies,Henry Hansmann,Gerard Herdic, Klaus Hopt, Hideki Kand, Edward Rock,Luca Enrique (2009).The anatomy of corporate law: a comparative and functional approach.2nd edition, United Kingdom: Oxford University Press. Thomas Clarke (2007).International Corporate Governance, A Comparative Approach. New York: Routledge Press. Thorstein Veblen (1923).Absentee Ownership: Business Enterprise in Recent Times: the Case of America, New York: Viking Press. Willem Calkoen (2012).The One-Tier Board in the Changing and Converging World of Corporate Governance: A comparative study of boards in the UK, the US and the Netherlands, Netherland: Kluwer. William Orville Douglas, Go East Young Man (1994), New York: Garland. Journal articles Andrei Shleifer - Robert Vishny (1997).”A Survey of Corporate Governance”. Journal of Finance 52.2, pp 737-783. Bruce Aronson (2012).”The Olympus Scandal and Corporate Governance Reform: Can Japan Find a Middle Ground between the Board Monitoring Model and Management Model?” UCLA Pacific Basin Law Journal 30.1, pp 93-148. Edward J. Eberle (2009).”The Method and Role of Comparative Law”. Washington University Global Studies Law Review. 8.3, p 452. Gordon Jeffrey. (2002).”What Enron Means for the Management and Control of the Modern Business Corporation: Some initial reflections”. University of Chicago Law Review 69.3, p1233. Hakan Orbay - Burcin Yurtoglu (2006).”The Impact of Corporate Governance Structures on the Corporate Investment Performance in Turkey”. The Authors Journal Compilation 14.4, pp 349-36. Harwell Wells (2010).”Birth of Corporate Governance”. Seattle University Law Review 33.4, pp 1247-1292. Hillary Sale (2004).”Delaware’s Good Faith”. Cornell Law. Review 89, pp 104-106. Jerzy Grabowiecki (2006).”Keiretsu groups: Their role in Japanese Economy and a reference Point (or a paradigm) for Other Countries”. Visiting Research Fellow Monograph Series N413.Institute of Developing Economies, Japan External Trade Organization. Jonathan Macey - Geoffrey Miller (1991).”Origin of the Blue Sky Laws”. Texas Law Review, 70.2, pp 348-352. Roberta Karmel (1984).”Independent Directors: The Independent Corporate Board: A Means to What End? “, George Washington Law Review, 52.4-5. Sofie Cools (2005). ”The Real Difference in Corporate Law between the United States and Continental Europe: Distribution of Powers”. Delaware Journal of Corporate Law 30.3, pp 697-766. Stijn Claessens-BurcinYurtoglu (2012).”Corporate Governance and Development, An Update”. Focus 10, Global Corporate governance Network, IFC. Yoshikawa, T-McGuire, J. (2008).”Change and continuity in Japanese corporate governance”. Asia Pacific Journal of Management 25.1, pp 5-24. Uma Sridharan, Lori Dickes-Royce Caine (2002).”The Social Impact of Business Failure: Enron”. American Journal of Business, 17.2. |
SECTION III: RELATIONSHIP BETWEEN COURSE UNIT AND COURSE LEARNING OUTCOMES (CLOs) |
CLOs/PLOs | KPLO 1 | KPLO 2 | KPLO 3 | KPLO 4 | KPLO 5 | |||||||||||||||||||
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1 | 2 | 1 | 2 | 1 | 2 | 3 | 4 | 1 | 2 | 3 | 4 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
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CLO10 | ||||||||||||||||||||||||
CLO11 | ||||||||||||||||||||||||
CLO12 | ||||||||||||||||||||||||
CLO13 | ||||||||||||||||||||||||
CLO14 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE |
Lectures | |
Discussion | |
Case Study | |
Problem Solving | |
Demonstration | |
Views | |
Laboratory | |
Reading | |
Homework | |
Project Preparation | |
Thesis Preparation | |
Peer Education | |
Seminar | |
Technical Visit | |
Course Conference | |
Brain Storming | |
Questions Answers | |
Individual and Group Work | |
Role Playing-Animation-Improvisation | |
Active Participation in Class |
Midterm | |
Presentation | |
Final Exam | |
Quiz | |
Report Evaluation | |
Homework Evaluation | |
Oral Exam | |
Thesis Defense | |
Jury Evaluation | |
Practice Exam | |
Evaluation of Implementation Training in the Workplace | |
Active Participation in Class | |
Participation in Discussions |
LEARNING & TEACHING METHODS | ASSESMENT & EVALUATION METHODS | ||||||||||||||||||||||||||||
CLO1 | CLO2 | CLO3 | CLO4 | CLO5 | CLO6 | CLO7 | CLO8 | CLO9 | CLO10 | CLO11 | CLO12 | CLO13 | CLO14 | ||||||||||||||||
-Lectures | -Midterm | ||||||||||||||||||||||||||||
-Discussion | -Presentation | ||||||||||||||||||||||||||||
-Case Study | -Final Exam | ||||||||||||||||||||||||||||
-Problem Solving | -Quiz | ||||||||||||||||||||||||||||
-Demonstration | -Report Evaluation | ||||||||||||||||||||||||||||
-Views | -Homework Evaluation | ||||||||||||||||||||||||||||
-Laboratory | -Oral Exam | ||||||||||||||||||||||||||||
-Reading | -Thesis Defense | ||||||||||||||||||||||||||||
-Homework | -Jury Evaluation | ||||||||||||||||||||||||||||
-Project Preparation | -Practice Exam | ||||||||||||||||||||||||||||
-Thesis Preparation | -Evaluation of Implementation Training in the Workplace | ||||||||||||||||||||||||||||
-Peer Education | -Active Participation in Class | ||||||||||||||||||||||||||||
-Seminar | - Participation in Discussions | ||||||||||||||||||||||||||||
-Technical Visit | |||||||||||||||||||||||||||||
-Course Conference | |||||||||||||||||||||||||||||
-Brain Storming | |||||||||||||||||||||||||||||
-Questions Answers | |||||||||||||||||||||||||||||
-Individual and Group Work | |||||||||||||||||||||||||||||
-Role Playing-Animation-Improvisation | |||||||||||||||||||||||||||||
-Active Participation in Class |
Measurement and Evaluation Methods | # of practice per semester | Level of Contribution |
Quizzes | 2 | % 20.00 |
Midterms | 1 | % 30.00 |
Semester Final Exam | 1 | % 50.00 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 50 | |
PERCENTAGE OF FINAL WORK | % 50 | |
Total | % 100 |
SECTION V: WORKLOAD & ECTS CREDITS ALLOCATED FOR THE COURSE |