Business Law

o Question 1: Explain, with your words, what is Law and how important it is for the development of business environment in a Local and Global

level? Give one example of a secondary source of law.

o Question 2: Elaborate about the nature and content of Contracts. Give one example of an international agreement and how a more adequate

Dispute Resolution Strategy can be adopted by the parties?

o Question 3: What is the difference between public and private companies? How are Law and Governance intertwined in these 2 legal

structures?

o Question 4: Explain the importance of Arbitration for dispute resolution in international business. Elaborate about one case that was resolved by

arbitration

Formalities:

• Wordcount: There is no specific word count, but we can consider 1 page answer per question using Arial 11 pts.

• Font: Arial 11 pts.

• Text alignment: Justified.

• The in-text References and the Bibliography must be in Harvard’s citation style.

Submission: Week 5: Sunday 22nd of August 2021 – 23h59. Timed assignments will be made available on Moodle 48 hours before the submission deadline. Students need to complete the assignment and upload their submission within this timeframe.

Weight: This task is a 30% of your total grade for this subject.

It assesses the following learning outcomes:

• Outcome 1: Understand the role of law as a business and management tool;

• Outcome 2: Identify different issues and laws applicable in the context of doing business;

Rubrics

Exceptional 90-100 Good 80-89 Fair 70-79 Marginal fail 60-69

Knowledge & Understanding

(20%)

Student demonstrates excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner.

Student demonstrates good understanding of the task and mentions some relevant concepts and demonstrates use of the relevant vocabulary.

Student understands the task and provides minimum theory and/or some use of vocabulary.

Student understands the task and attempts to answer the question but does not mention key concepts or uses minimum amount of relevant vocabulary.

Application (30%) Student applies fully relevant knowledge from the topics delivered in class.

Student applies mostly relevant knowledge from the topics delivered in class.

Student applies some relevant knowledge from the topics delivered in class. Misunderstanding may be evident.

Student applies little relevant knowledge from the topics delivered in class. Misunderstands are evident.

Critical Thinking (30%)

Student critically assesses in excellent ways, drawing outstanding conclusions from relevant authors.

Student critically assesses in good ways, drawing conclusions from relevant authors and references.

Student provides some insights but stays on the surface of the topic. References may not be relevant.

Student makes little or none critical thinking insights, does not quote appropriate authors, and does not provide valid sources.

Communication (20%)

Student communicates their ideas extremely clearly and concisely, respecting word count, grammar and spellcheck

Student communicates their ideas clearly and concisely, respecting word count, grammar and spellcheck

Student communicates their ideas with some clarity and concision. It may be slightly over or under the wordcount limit. Some misspelling errors may be evident.

Student communicates their ideas in a somewhat unclear and unconcise way. Does not reach or does exceed wordcount excessively and misspelling errors are evident.