Commercial contracts (C3054) - Blended learning

None.

• Becoming familiar with the legal environment of enterprises and the role of contracts therein.
• Understanding the functioning of enterprises operating in a national, European and international context.
• Mastering the general rules and structures underpinning contractual mechanisms, in particular vis-à-vis the pre-contractual negotiation phase, the formation, contents and effects of contract, and the pathology of contracts and compensation for damages.
• Learning the general mechanisms governing the main contracts.
• Measuring the scope of the contractual commitments entered by an enterprise.
• Identifying (and minimizing) the main legal and financial risks faced by enterprises and
• Reviewing the rationale and scope of the limits to contractual freedom imposed by the rules on consumer's protection and competition.

• The legal environment of enterprises. Freedom of contracting.
  • Sources of contract law. Luxembourg, European and international sources.
  • International context and internationalization of contract.
• General notions relating to contract law.
  • Pre-contractual negotiations.
  • Consent and formation of contract. Mistake (erreur), duress (violence), misrepresentation (dol).
• Contents and effects of the contract.
  • Essential elements of the contract. Object of contract.
  • Non-essential elements of the contract. Condition and term.
  • Transmission of contract and of its effects.
• Non-performance (inexécution) and contract's pathology.
  • Formal notice (mise en demeure), termination of contract and forced execution.
  • Compensation, damage claims (dommages-intérêts) and contractual liability.
  • Debt write-off (remise de la dette), extinctive prescription (prescription extinctive) and confusion.
• Sales contract (contrat de vente). Formation and contents.
  • Obligations and guarantees under the sales contract.
  • International sale of goods.
• Lease contract (contrat de bail). Formation and contents.
  • Commercial lease. Leasing (crédit-bail).
  • Distribution agreements. Licensing and franchising.
• Financing contracts between banking and other funding sources.
  • Loan agreements (contrat de prêt). Formation and contents.
  • Opening of bank account. Credit cards.
• Securities (sûretés) in general.
  • Pledge (contrat de gage) and mortgage (contrat d'hypothèque).
  • Fiduciary contract (fiducie-sûreté).
• Services contract (contrat d'entreprise) and subcontracting (sous-traitance). Formation and contents.
  • Agency contract (contrat de mandat). Formation and contents.
  • Transport contract. Formation and contents.
• Consumer protection.
  • The rules of competition.
  • Q&A session.