BA402

The purpose of this course is to develop the fundamental knowledge of students about the basic legal decision-making process in different organizations. The purpose is to acquaint students with the legal system and elements of the legal system which represent the normative framework for the decisions. Students shall learn the legal foundations of formation of organizations, the structure and legal characteristic of the individuals who participate in various bodies or perform tasks of these bodies. Students will become familiar with the typology of legal entities, with the criteria and the systemic consequences of classification. Students gain detailed insight in some of the statutory formations, such as the forming of a corporation, partnership, and sole proprietorship. This course will provide a foundation for making decisions about the responsibilities and liabilities of the employees and the responsibilities and liabilities of managers