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Learn the fundamentals of business law, covering principles, characteristics, and various practices within the scope of commercial activities. Gain insights into legal aspects such as contracts, taxation, employment, and more.
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BUSINESS LAW BY ADE MAMAN SUHERMANJenderal Soedirman University (S1)Rijks Universiteit Groningen (S2) UNIVERSITY OF INDONESIA (S3) Permanent staff of Faculty of law Jenderal Soedirman University
Teaching agreement • Mid exam 40 % • Final exam 40 % • Assignment 20 % group discusion, take home assignment • Attendance : at least 75 %
Definition • Principles and law concerning business activities that regulates: all human activities either inidividually or collectively (business entities) in term of earning profit and value added.
Character of business and law • Business : earning profit , value added, business actors, individually or business entities • Efficiency: maximizing profit taking by using most limited resources • Competition – economic is the science of scarcity and leading to competitition
Characteristics of Law • Normative • Regulation based analysis • Justice • Reward and punishment
Certainty • Stability • Fairness • predictabilty
Scop and coverage • contract • Taxation • employment /labor • Arbitration • Company • Oil and gas • Zoning and pen and env.regulation
Antitrust and unfairCompetition law • Consumer protection • Banking institution and financial institution • International/foreign trade • Insurance Practices • Investment • Intelectual property rights
Moratorium and bankcruptcy • The profession of legal, accounting, tax • Choice of law • Real property transaction • Agent, distributors,commission agents
Work council • Merger, take overs and joint venture • Exchange control • Capital rising and financing contract • Product regulations and liability • Social security