Course title

Commercial Law

Code

 INT 110

Professor

Prof. Darko Spasevski PhD

The course Commercial Law has been accredited by ACCA (Association of Chartered Certified Accountants). Accreditation brings great benefits to the students of the Faculty of Economics – Skopje. Thanks to the accreditation, they can receive exemptions from ACCA papers during their studies, thus greatly accelerating their path to ACCA membership.

Course objectives (competences):

After completing this course, students should be able to: 

·        Understand the key features of the recognized forms of companies, their formation; characteristics, business, changes (amendments), mergers and acquisitions, restructuring, liquidation and insolvency;

·        Understand and identify the key features, characteristics, as well as rights and obligations arising from various commercial contracts; 

·        Understand the professional, theoretical and practical terminology in the area of business transactions and operations, which is necessary for further academic upgrading for related disciplines in the next academic years.

Course content:

The course covers the key features of the recognized forms of companies, their characteristics and their management. The course addresses the legal relationship between the company and its members or shareholders, legal relationship among members of the company, participation in other companies (affiliated companies, state – owned companies) insolvency, restructuring and liquidation of a company. The course also covers the most important commercial contracts such as the sales contract, brokerage and agency contracts, transport and shipping contracts, warehousing contracts, freight forwarding contracts, insurance contracts. The course should help the students to get acquainted with the work of the companies in a theoretical and practical way, which is an essential part of doing business.