The course is meant to provide the Master students with the necessary understanding of the legal relations on which the trade activities are based, namely the contract. Also, the course is aimed to present disputes resolution and some special types of contracts, all from the international view, but still analysing the issues they encounter in everyday corporate life.
The course is going to provide the Master’s students with the necessary skills of the legal implications of their business activity, from Learning principles and basic concepts of Contract Law which are the basic terms for all those working in business, use the legal knowledge acquired to understand how contracts are negotiated and concluded and their effects in the market, how to interpret the unusual and unclear clauses of a contract, how to react in case of a breaching of contract, to choose the appropriate set of remedies and, in case of a possible litigation, to know the types and the features of different disputes resolution methods. All these from an international view, contracts being presented from both harmonized comparative perspectives, in strict correlation with the present market integration.
Students will be exposed to a comprehensive presentation of the contract’s formation, interpretation, effects and termination based on the provisions of the main legal systems, mainly the Romanian one.
At the seminar activities, the students are taken through the above presented institutions by using different special types of contracts, with cases from practice which will lead to an understanding of the rights/duties of the parties involved and possibilities offered in the indicated situation.
As Romania is part of a Single European Market and very present at International level, the students are already or will be involved in cross border transactions, so the formation, interpretation, performance of contracts have to be understood in relation to other legal systems and especially from the harmonized view of the European legislation, so there will be presented the principles enacted by the primary/secondary legislation and case law in relation to European Contract Law.