Introduction to the Legal System and Contracts

This lecture covers the introduction to the legal system, including the international context and court enforcement, legal sources, theory of rights and obligations, and contract formation with topics such as freedom of contract and consent. Students will gain an understanding of the legal environment, contractual mechanisms, and company organization, enabling them to identify legal issues, understand associated risks, and raise red flags in specific situations. The course also delves into the main subdivisions of the legal system, sources of legislation, enforcement mechanisms, and the theory of rights and obligations in business law.