Legal Framework for Corporate Management

Department

Master's program Food Technology & Nutrition

Course unit code

24_LTE_MAS_3_11

Number of ECTS credits allocated

1.0

Name of lecturer(s)

Recommended optional program components

none

Recommended or required reading

Burgelman, R. A., Christensen, C. M., Wheelwright, S. C.: Strategic Management of Technology and Innovation. Boston: McGraw Hill Irwin, 2004.
Bygrave, W. D., Zacharakis A.: Entrepreneurship. Hoboken: Wiley, 2007.
Foster, N.: Austrian Legal System and Laws. London: Routledge-Cavendish, 2003.
Heller, K.: Austrian Business Law: Legal, Accounting, and Tax Aspects of Business in Austria. 2nd ed. Vienna: Manz, 2004.
Kaplan, R. S., Norton, D. P.: Strategy Maps. Cambridge: Harvard Business School Press, 2004.

Level of course unit

Master

Year of study

Fall 2025

Semester when the course unit is delivered

3

Language of instruction

English

Learning outcomes of the course unit

Graduates of the course are aware of the basic principles of relevant areas of law. They are familiar with business law and the fundamentals of company law, income tax law as well as sales tax law. They moreover know about the basics of the Federal Procurement Act, which is particularly significant to future engineers.

Course contents

In the present course students acquire a basic understanding of:
• contract law, contract design and the act of contract closing;
• warranty and damages, product liability and safety;
• competition and antitrust law;
• company law and the choice of legal forms;
• legal aspects of legal transactions across borders;
• the fundamentals of income tax law for companies;
• business-relevant transfer and excise tax as well as other dues;
• distribution law in general (sales agents, commission agents, distributors etc.).

Planned learning activities and teaching methods

The course comprises an interactive mix of lectures, discussions and individual and group work.

Work placement(s)

none