BUSINESS LAW BY Permanent staff of Faculty of law Jenderal Soedirman University ADE MAMAN SUHERMAN Jenderal Soedirman University (S1) Rijks Universiteit.

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BUSINESS LAW BY Permanent staff of Faculty of law Jenderal Soedirman University ADE MAMAN SUHERMAN Jenderal Soedirman University (S1) Rijks Universiteit Groningen (S2) UNIVERSITY OF INDONESIA (S3)

Teaching agreement  Mid exam 40 %  Final exam 40 %  Assignment 20 % group discusion, take home assignment  Attendance : at least 75 %

Definition  Principles and law concerning business activities that regulates: all human activities either inidividually or collectively (business entities) in term of earning profit and value added.

Character of business and law  Business : earning profit, value added, business actors, individually or business entities  Efficiency: maximizing profit taking by using most limited resources  Competition – economic is the science of scarcity and leading to competitition

Characteristics of Law  Normative  Regulation based analysis  Justice  Reward and punishment

 Certainty  Stability  Fairness  predictabilty

Scop and coverage  contract  Taxation  employment /labor  Arbitration  Company  Oil and gas  Zoning and pen and env.regulation

 Antitrust and unfairCompetition law  Consumer protection  Banking institution and financial institution  International/foreign trade  Insurance Practices  Investment  Intelectual property rights

 Moratorium and bankcruptcy  The profession of legal, accounting, tax  Choice of law  Real property transaction  Agent, distributors,commission agents

 Work council  Merger, take overs and joint venture  Exchange control  Capital rising and financing contract  Product regulations and liability  Social security