The course RET1A is important for anyone who is going to work with finance, whether you are going to start up for yourself, work in a private or public business or become a board member. These roles require you to have some legal knowledge about entering into agreements, following up on monetary claims, and how taxes are calculated. In addition, the enterprise must comply with all applicable laws and regulations on e.g. tax deductions, VAT, prohibition of price collusion, etc.
The course will provide you with basic legal knowledge of the most relevant rules that you as an economist should be familiar with. The course will provide an introduction to legal method, contract law, tax law, debt prosecution law, mortgage law, money claim law, company law, economic crime and competition law.
Legal method deals with the general guidelines for legal argumentation. Contract law deals with the rules on the formation and interpretation of contracts, as well as the rules on invalidity. The law of debt prosecution deals with the rules on various forms of recovery of monetary claims. The right of lien deals with the rules for various forms of security rights such as guarantees and liens. Money claim law deals with the rules for payment services, transport of monetary claims, set-off of monetary claims and limitation period for monetary claims. Company law provides an overview of the rules for different forms of organisation of companies, the formation of companies and the relationship of competence between the various bodies. Economic crime provides an overview of what economic crime is, with an emphasis on tax evasion and accounting violations as well as the rules on the obligation to pay taxes, duties and value added tax. Competition law deals with, among other things, the rules on price cooperation.