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business law notes

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Lecture notes of 4 pages for the course Marketing at UPF (business law notes)

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Uploaded on
May 24, 2025
Number of pages
4
Written in
2024/2025
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Luci
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TOPIC 1

Law → set of principles and norms (based on an idea of justice and order) that regulate
human relations and represent consequences that can be enforced by authority.

Important distinction →
●​ Values: beliefs considered right (freedom, justice, equality)
●​ Principles: framework for decision-making and behavior, deriving from values
●​ Norms: social rules and expectations (related to law)

Definitions →
●​ Enforceability: claiming before a judge the fulfillment of a law/regulation
●​ Legal certainty: predictability of the legal consequences of acts or conduct

Ordinary jurisdiction →
●​ Criminal: basically just crimes (theft, murder, assault)
●​ Contentious-administrative: citizens vs public authorities (taxes, immigration)
●​ Social: social welfare and protection (adoption, divorce)
●​ Civil: the rest of conflicts (contracts, property rights)

Laws in each department →
●​ New product /service idea (Intellectual and Industrial Property Law)
●​ Financing (Contract Law, Tax Law)
●​ Incorporation (Company Law)
●​ Employees (Labor Law, Personal Data Protection Law, Tax Law)
●​ Collaborators (Contract Law)
●​ Marketing (Competition Law, Patent and Trademark Law)
●​ Accounting (Accounting Law, Commercial Law, Company Law, Tax Law)
●​ Website and e-commerce (Personal Data Protection Law, E-Commerce Law)

Legal tools of intermediation with stakeholders →
(individual or organization that is impacted by the actions of a company)
●​ Owners: shareholder agreements, corporate governance policies
●​ Managers: employment contracts, executive compensation agreements
●​ Employees: employment contracts, workplace safety regulations
●​ Customers: contracts, warranties, consumer protection laws, privacy regulations
●​ Shareholders: agreements, proxy voting mechanisms, disclosure requirements
●​ Suppliers: contracts, procurement agreements, supply chain transparency
●​ Government: regulatory compliance, permits, licenses
●​ Society: corporate social responsibility

Lifecycle of a company →
●​ Start-up stage: market research, product development, legal structure
●​ Financing: seeking of funding
●​ Protection of key assets: trademarks, patents, copyrights, confidentiality agreements
●​ Going public (IPO): shares offered to the public to be traded on stock exchange
●​ Corporate reorganizations: adapting to the market, forming strategic initiatives
●​ Dissolution: liquidating assets, paying off creditors, distributing assets
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