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BUSINESS LAW

Dr. Nguyen Le Thu


Email: thunl@vnu.edu.vn
Course name: Business Law
Course code: INS 2011 1
GENERAL
Credits: 3
INFORMATIO Credit hours: 45
N OF THE
COURSE Theoretical hour: 36
Practice/Discussion hour: 09
Prerequisite: Introduction to Law
▸ Law and source of law
▸ Contract Law
CONTENT
▸ Business law
▸ Definition of law
▸ Source of law
CLASS 1
▸ Areas of law
MAIN
CONTENT
▸ Definition of Business law
▸ Source of Business law
1
Blackstone’s
definition:

“A rule of civil
WHAT IS
conduct prescribed
LAW by the supreme
power in a state,
commanding what
is right, and
prohibiting what is
wrong.”
▸ Establishing the rules
1
FUNCTIONS
▸ Protecting relations
▸ Educating people
OF LAW
1
WHAT IS
BUSINESS
LAW
▸ Constitution

2
SOURCES OF
▸ Treaties and International
Agreements
LAW ▸ Statutes (Law, Codes, Acts)
▸ Regulations (Degrees, Circulars..)
▸ Judicial Precedents
▸ Custom
▸ Equity
Type of State bodies Name of document
legal
document
LAW NATIONAL ASSEMBLY (NA) - Constitution
- Law
- Resolution
1. Standing Committee of the NA Ordinance, Resolution
2. President Order, Decision
3. Government Resolution, Decree
SUB-LAWS 4. Prime Minister Decision, Directive
5. Ministers, heads of ministry-equivalent agencies, Head of
the Supreme People’s Procuracy, Chief Justice of the Decision, Directive, Circular
Supreme People’s Court
6. B/w Ministry and Ministry-equivalent agency; B/w
Ministry/Ministry-equivalent agency and the Supreme Joint Resolution, Joint Circular
People’s Court (SPC) /the Supreme People’s Procuracy; B/w
the SPC and the Supreme People’s Procuracy; B/w a
competent government agency with a socio-political
organization
7. People’s Council Resolution
8. People’s Committee Decision, Directive
▸ Reason for distinction of law?

3
AREAS OF
▸ Bases for such distinction?

LAW
▸ LAW FOR BUSINESS

4
DEFINITION
▸ Which relations should be
regulated?
OF BUSINESS ▸ Which areas of law shall cover
LAW business relations
▹ Starting a business
▹ Running a business
▹ Resolving disputes
▹ Closing a business
▸ Find sources of business law
5
SOURCES OF
among above sources of law

BUSINESS
LAW
▸ Respect to the law
5
PRINCIPLES
▸ Other principles of private law
▸ Insurance of enterprises and
OF BUSINESS their owners
LAW
▹ non-discrimination
▹ legal ownership
▹ not take over
THANKS!
Any questions?
You can find me at thunl@vnu.edu.vn

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