USEFUL INFORMATION, RESOURCES & SERVICES FOR STUDENTSUSEFUL LINKS AND DOCUMENTS ADITIONAL & SUPPORTING INFORMATION

SECTION I: GENERAL INFORMATION ABOUT THE COURSE

Course Code	Course Name	Year	Semester	Theoretical	Practical	Credit	ECTS
LOG6305	Commercial Law	0	Spring	3	0	3	6

Course Type :	Elective Course VII
Cycle:	Bachelor TQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Language of Instruction:	English
Prerequisities and Co-requisities:	N/A
Mode of Delivery:	Face to face
Name of Coordinator:	Instructor NIGAR BABAYEVA
Dersin Öğretim Eleman(lar)ı:
Dersin Kategorisi:

SECTION II: INTRODUCTION TO THE COURSE

Course Objectives & Content

Course Objectives:

The aim of the Commercial Law subject is to provide students with a comprehensive understanding of the legal principles, rules, and practices that govern commercial transactions and business activities. It seeks to equip learners with the knowledge required to identify and address legal issues in the commercial context, including contracts, sale of goods, agency, negotiable instruments, and business structures. The subject also aims to develop students' analytical and problem-solving skills to apply legal concepts effectively in real-world business scenarios and to promote ethical and lawful conduct in commerce.

Course Content:

Week 1: Introduction to Commercial Law
Week 2: Law of Contract – Basics
Week 3: Law of Contract – Performance and Breach
Week 4: Law Relating to Sale of Goods – Part I
Week 5: Law Relating to Sale of Goods – Part II
Week 6: Law of Agency – Part I
Week 7: Law of Agency – Part I
Week 8: Negotiable Instruments Law – Part I
Week 9: Negotiable Instruments Law – Part II
Week 10: Partnership Law – Part I
Week 11: Partnership Law – Part II
Week 12: Company Law – Basic Concepts
Week 13: Company Management & Consumer Law
Week 14: Emerging Issues & Revision

Course Specific Rules

1. Attendance Requirement
Students are required to attend at least 70% of the classes.
Attendance will be monitored through roll calls.
Unexcused absences may negatively affect the final grade.
2. Punctuality
Classes will start on time; latecomers may not be allowed to enter.
Leaving the classroom during the lecture is only acceptable in emergency situations.
3. Preparation Before Class
Students are expected to read the relevant materials before coming to class.
Reading materials and case studies will be shared in advance.
4. Classroom Behavior and Ethics
Active participation is encouraged, but discussions must remain relevant to the course content.
Mobile phones must be set to silent and should not be used unless necessary.
Respectful and academic language must be used at all times.
5. Exams and Assessment Rules
Cheating, plagiarism, or any other form of academic misconduct will result in serious disciplinary action.
Late arrivals to exams will not be granted extra time.
Evaluation criteria will be explained at the beginning of the semester and applied accordingly.
6. Assignment Submission Rules
All assignments must be submitted by the stated deadline.
Late submissions may result in point deductions or may not be accepted.
Proper citation and academic honesty are mandatory in all assignments.
7. Communication and Office Hours
Students may contact the instructor via email or during designated office hours for academic inquiries.
Emails should include a clear subject line and use formal language.
8. Group Work and Presentations
Equal contribution is expected from all members in group projects.
Presentation dates will be announced in advance and cannot be changed.

Course Learning Outcomes (CLOs)

Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:



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) Understand the basic concepts and scope of commercial law.
2) Comprehend the elements and types of contracts
3) Evaluate legal consequences of performance and breach of contracts.
4) Learn the basic rules related to the sale of goods.
5) Understand special cases and legal consequences in sales contracts.
6) Understand the basic concepts of agency law and the rights and obligations of parties
7) Learn disputes arising in agency relationships and their resolutions
8) Recognize the concept and types of negotiable instruments
9) Understand the transfer and liabilities of negotiable instruments
10) Learn types and characteristics of partnerships
11) Comprehend the formation, management, and dissolution of partnerships.
12) Acquire knowledge about types and basic structures of companies
13) Gain awareness of corporate governance principles and consumer rights.
14) Follow current developments in commercial law and consolidate overall knowledge.

Weekly Course Schedule

Week	Subject	Materials Sharing *
		Related Preparation	Further Study
1)	Introduction to Commercial Law
2)	Law of Contract – Basics
3)	Law of Contract – Performance and Breach
4)	Law of Contract – Performance and Breach
5)	Law Relating to Sale of Goods – Part II
6)	Law of Agency – Part I
7)	Law of Agency – Part II
8)	Negotiable Instruments Law – Part
9)	Negotiable Instruments Law – Part II
10)	Partnership Law – Part I
11)	Partnership Law – Part II
12)	Company Law – Basic Concepts
13)	Company Management & Consumer Law
14)	Emerging Issues & Revision

*These fields provides students with course materials for their pre- and further study before and after the course delivered.

Recommended or Required Reading & Other Learning Resources/Tools

Course Notes / Textbooks:

Internatıonal Trade Law Indıra Carr,Fourth edition.
Prof.Dr.Ayşe Nur Berzek Ticaret Hukukunun Genel İlkeleri, 11.baskı

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:

DERS ÖĞRENME ÇIKTILARI - PROGRAM ÖĞRENME ÇIKTILARI İLİŞKİSİ

Contribution of The Course Unit To The Programme Learning Outcomes

Ders Öğrenme Çıktıları (DÖÇ)	1	2	3	4	5	6	7	8	9	10	11	12	13	14
Program Öğrenme Çıktıları (PÖÇ)
1) Apart from subjects such as finance, business, economics, management-organization, marketing, sales management, human resources management, which constitute the main subjects of business management, it is also necessary for foreign trade, logistics, supply chain management, customs, insurance and risk management. have the necessary basic information.
1) Learns and uses the basic information, concepts and theories required in the field of international trade.
1) Acquires the analyzing solving the problems and managing the conflicts.
1) Experiences all processes in business life.
1) Improves analytical thinking, problem solving in organizational issues, time management, self-discipline and communication skills.
1) Students will be able to benefit from contemporary information technologies and tools in business life, are willing to learn continuously, are open to innovations and can easily adapt to changes.
2) Takes part in activities related to the field of education in a business operating in the field.
2) Use information and communication technologies and business applications and international trade in information systems effectively.
2) Participates as a team member and takes responsibility in the environments that require the solving of the conflicts and acts as a leader when necessary.
2) Uses problem solving, time management, self-discipline and effective communication skills at work.
2) Except the core subjects of the business, students have knowledge about leadership, behavioral sciences, communication and entrepreneurship; in the field of service, mathematics, statistics, law, operations research, information processing and management information systems.
3) Can develop effective management strategies using appropriate theory and methods; plan, co-ordinate, implement and control management processes
3) Questions the application with theoretical knowledge.
3) Has awareness for ethical and social responsivity.
4) By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her group in a systematical and effective way.
4) Compiles the knowledge and experience gained in the field.
4) Applies the theoretical knowledge in business life during a semester.
5) S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field.
5) Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view.
6) Develops strategical, innovative and entrepreneurial ideas.
7) Acquires competence of managing the change.
8) Shows development personally and socially with and awareness for lifelong learning.
9) Follows advanced technologies and developments about digital transformation.
10) Has cultural awareness and s/he transfers this to the groups within and outside his/her field.
11) Has awareness about citizenship competency.
12) Acquires communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+).

SECTION III: RELATIONSHIP BETWEEN COURSE UNIT AND COURSE LEARNING OUTCOMES (CLOs)

Level of Contribution of the Course to PLOs

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Programme Learning Outcomes	Contribution Level (from 1 to 5)
1)	Apart from subjects such as finance, business, economics, management-organization, marketing, sales management, human resources management, which constitute the main subjects of business management, it is also necessary for foreign trade, logistics, supply chain management, customs, insurance and risk management. have the necessary basic information.	3
1)	Learns and uses the basic information, concepts and theories required in the field of international trade.	5
1)	Acquires the analyzing solving the problems and managing the conflicts.	4
1)	Experiences all processes in business life.
1)	Improves analytical thinking, problem solving in organizational issues, time management, self-discipline and communication skills.	4
1)	Students will be able to benefit from contemporary information technologies and tools in business life, are willing to learn continuously, are open to innovations and can easily adapt to changes.	4
2)	Takes part in activities related to the field of education in a business operating in the field.	2
2)	Use information and communication technologies and business applications and international trade in information systems effectively.
2)	Participates as a team member and takes responsibility in the environments that require the solving of the conflicts and acts as a leader when necessary.
2)	Uses problem solving, time management, self-discipline and effective communication skills at work.	4
2)	Except the core subjects of the business, students have knowledge about leadership, behavioral sciences, communication and entrepreneurship; in the field of service, mathematics, statistics, law, operations research, information processing and management information systems.	2
3)	Can develop effective management strategies using appropriate theory and methods; plan, co-ordinate, implement and control management processes	4
3)	Questions the application with theoretical knowledge.	3
3)	Has awareness for ethical and social responsivity.	3
4)	By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her group in a systematical and effective way.	3
4)	Compiles the knowledge and experience gained in the field.	4
4)	Applies the theoretical knowledge in business life during a semester.	3
5)	S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field.	3
5)	Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view.	3
6)	Develops strategical, innovative and entrepreneurial ideas.	3
7)	Acquires competence of managing the change.	3
8)	Shows development personally and socially with and awareness for lifelong learning.	3
9)	Follows advanced technologies and developments about digital transformation.	4
10)	Has cultural awareness and s/he transfers this to the groups within and outside his/her field.	3
11)	Has awareness about citizenship competency.	3
12)	Acquires communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+).	4

SECTION IV: TEACHING-LEARNING & ASSESMENT-EVALUATION METHODS OF THE COURSE

Teaching & Learning Methods of the Course

(All teaching and learning methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)

Teaching and Learning Methods defined at the Programme Level	Teaching and Learning Methods Defined for the Course
Lectures
Discussion
Case Study
Problem Solving
Homework
Brain Storming
Questions Answers
Individual and Group Work
Active Participation in Class

Assessment & Evaluation Methods of the Course

(All assessment and evaluation methods used at the university are managed systematically. Upon proposals of the programme units, they are assessed by the relevant academic boards and, if found appropriate, they are included among the university list. Programmes, then, choose the appropriate methods in line with their programme design from this list. Likewise, appropriate methods to be used for the course units can be chosen among those defined for the programme.)

Aassessment and evaluation Methods defined at the Programme Level	Assessment and Evaluation Methods defined for the Course
Midterm
Final Exam
Quiz

Contribution of Assesment & Evalution Activities to Final Grade of the Course

Measurement and Evaluation Methods	# of practice per semester	Level of Contribution
Quizzes	1	% 15.00
Midterms	1	% 35.00
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

WORKLOAD OF TEACHING & LEARNING ACTIVITIES
Teaching & Learning Activities	# of Activities per semester	Duration (hour)	Total Workload
Course	14	3	42
Laboratory	0	0	0
Application	0	0	0
Special Course Internship (Work Placement)	0	0	0
Field Work	0	0	0
Study Hours Out of Class	0	0	0
Presentations / Seminar	1	3	3
Project	0	0	0
Homework Assignments	0	0	0
Total Workload of Teaching & Learning Activities	-	-	45
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES
Assesment & Evaluation Activities	# of Activities per semester	Duration (hour)	Total Workload
Quizzes	1	1	1
Midterms	1	1	1
Semester Final Exam	1	1	1
Total Workload of Assesment & Evaluation Activities	-	-	3
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities)			48
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h)			6