Course code JurZ2005
Faculty Faculty of Business, Management and Economics
Credit points, number of lectures
Credit points ECTS Credit points Total number of auditorium hours Number of lecture hours Number of seminars and practical work hours Number of student independent work hours
4 6 64 40 24 96
E-courses JurZ2005-PLK: Commercial Law JurZ2005-NLK: Commercial Law
Course annotation The aim of the course is providing the students of non-legal professions with fundamental knowledge of legal regulation within commercial activities. The tasks of the course: 1) acquire theoretical knowledge regarding the fundamental issues of legal regulation within commercial activities; 2) obtain the basic knowledge for implementing the regulatory enactments; 3) acquire skills to prepare drafts of legal documents.
Course responsible lecturer Jānis Rozenfelds
Results When completing this course successfully, students acquire the knowledge regarding the status of legal entities and fundamental issues of legal regulation within commercial activities.

Academic scope:
1.Students acquire theoretical knowledge regarding the fundamental issues of legal regulation within commercial activities.
2.Students establish knowledge for implementing the regulatory enactments.
3.Students extend understanding regarding the status of legal entities, legal transactions and resolving of commercial legal conflicts.

Practical scope:
1.Students are capable to evaluate legal aspects of economic activities individually and analyze regulatory enactments in this sphere.
2.Students are capable to identify and opt for suitable form of merchant, to find appropriate type commercial transaction and use the most effective method of resolving legal conflicts.
3.Students are able to prepare drafts of legal documents.


Course plan No.TopicPlanned amount in hours
1.Introduction to Commercial law. L – 2; S – 2
2.Economic activities and Merchants.P – 4
3.Business Register. Branches and Representative Offices. Firm. L – 2
4.Representation and Powers of Attorney. L – 2
5.Commercial Agent. Broker. Individual Merchant. L – 2
6.Partnerships: General Partnership and Limited Partnership. S – 2
7.Characterization of Capital Company and their functions. L – 4; P – 2
8.Voluntary liquidation and reorganization of Capital Company. L – 2
9.Legal aspects of Insolvency. L – 4; P – 2
10.Property Law and its significance in commercial activities.L – 4
11.Rights of Obligation, Legal transactions and contracts. L – 2; S – 2
12.Reinforcement of obligation law and security rights.L – 2
13.Most significant types of contract.L – 2; S – 2; P – 2
14.Commercial Transactions. L – 2
15.Performance of payment.L – 2
15.Competitive Law and its violation.L – 2; P – 2
16.Resolving of commercial legal conflicts.L – 4; P – 2
17.Legal liability in commercial activities.L – 2



Requirements for obtaining credit points Attendance of lectures is not compulsory. Attendance of seminars and practical studies is compulsory. Six practical tests have been planed during the course.

Final evaluation of the course consists of the results of practical studies – group work (Two practical tests) – 25%; individual work (Two intermediate tests in writing) – 25%; successful participation at seminars (Drafting two legal documents and presentation of homework in round table discussion) – 25% and the final examination (Written test) – 25%.

To obtain the right to take the examination, student is obliged to attend seminars and practical studies and fulfill all practical tests. The evaluation at seminars, at individual work, at group work and at the final examination should be sufficient, not less than “4” (almost average).


Study programmes Business Administration
Financial Management
Business Administration
Accounting, Analysis and Audit