Study Guide

Objective

Students can describe the central role of contracts in business relations.
Students are familiar with the requirements and consequences of contractual obligations.
Students are able to evaluate the contractual risks for an organisation and take them into account when contracts are being made.
Students are able to explain to the seller and buyer how a binding sales contract is made, and what their rights and obligations are in the sale of goods.
Students are able to recognize the need to protect intellectual property rights and plan marketing operations that will not infringe the rights of others.

Content

What are the general principles of the contract law?
What are the special characteristics of the main types of contracts in business?
What are the consequences of a breach of contract?
How can the contractual compensation for damages be determined in contractual relations?
How is a binding sales contract made and under what conditions will a contract be invalid?
What are the rights and obligations of the seller and buyer in the sale of tangible goods?
How do B-to-B and consumer sales differ?
How can a business protect its rights?
How should intellectual property rights be taken into account in marketing?

Materials

Books:
- Surakka: Access to Finnish Law, 2012, e-book or printed. Chapters 8-11, 20-26
- Sund-Norrgård: Contract Law in Finland 2017, e-book or printed.

The study material is presented in more detail on the Learn page of the course.

Some of the study materials deal specifically with Finnish contract law and commercial law. The second part of the material deals more generally and internationally with agreements and commercial relations.

Most of the material is linked to the Learn page of the course.

Exam schedules

The course is automated and includes exams and quizzes related to study materials.

The students can complete the exams and quizzes according to their own schedule according to their completion time window. The timetables given must be respected.

Student workload

On average, 135 hours, which corresponds to a 5 credits.

Further information

The course is divided into two parts. The first part of the section on Finnish contract law and commercial law, which is entirely mandatory. The second part of the course deals more generally and internationally with agreements and commercial relationships, and in it the student can choose the entities from which to complete.

The course is based on the student's own responsibility for his/her performance and self-study. For the most part, there is no teaching during the course. The teaching to be given is linked as a recording to the course pages.

The timetables given must be respected.

This course is carried out by Xamk Open University of Applied Sciences.
Xamk degree students cannot enrol on open UAS courses.

Evaluation scale

1-5

Assessment methods and criteria

The course is automated. The evaluation is based entirely on the total number of points received from online exams and online quizzes. The limit for passing the course and grade 1 is 50% of the total score.

60% of the assessment of the course is focused on the Finnish contract law and commercial law section and the two exams in the section. 40% of the evaluation focuses on a more international and general share of contracts and trade.