Basis of commercial law [Cognomi A-E] (2017/2018)

Course code
Name of lecturer
Gianluca Riolfo
Gianluca Riolfo
Number of ECTS credits allocated
Academic sector
Language of instruction
Semester 1 dal Oct 2, 2017 al Jan 20, 2018.

Lesson timetable

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Learning outcomes

The course deals with the teaching of the legal lexicon and the basic concepts of civil law, to the extent necessary for the first correct framing of the various institutes of commercial law, and the foundations of the disciplines of the individual and collective enterprise. This last part will be devoted mainly to attention. The aim is to provide the minimum and indispensable legal knowledge for incorporating administrative and entrepreneurial structures, including tourism. During lessons, divided into several sections, special attention will be given to reading and illustrating the provisions of the Italian Civil Code and commercial laws, as well as to the understanding of the logic and standards interpretation mechanisms. At the end of the course, the student must have acquired and will be able to demonstrate adequate knowledge and awareness of the essential rules of operation of undertakings and companies and of the interests they intend to safeguard.


Part 1
- The notion of law: the legal rule. The sources of law and the interpretation of the law.
- People.
- Property and possession (hints).
- The sources of the obligation; the torts.
- The fulfillment and default of the obligation.
- The contract: elements and conclusion.
- Contract: validity and invalidity. Resolution. Efficiency and ineffectiveness. Effects of the contract.
- Representation.
- Prescription and decay.

Part 2
- The concept of entrepreneur. The small one. Agricultural and Commercial Entrepreneur.
- The firm and its transfer.
- The concept of comapny; partenrships end corporations.
- Società semplice: administration and relationships with third parties.
- Società semplice: relationships between members.
- The società in nome collettivo.
- The società in accomandita semplice (limited partnership).

Part 3
- The joint stock company. Notion. Constitution.
- The company's financial structure: shares and financial instruments
- Social bodies: assembly, boarod of directors, collegio sindacale.
- Financial auditing.
- Alternative corporate governance models: one-tier board model and two-tier board model.
- Budget: drafting, approval, profit, dividend.
- Amendments to the Act of incorporation and of the Bylaws.
- The dissolution of the joint stock company.
- Limited liability company.
- The società in accomandita per azioni.
- Cooperative companies.

Didactic methods
Frontal lessons aim at transmitting the basics and illustrating the underlying logic, as well as identifying protected interests. The recourse to the case law and the examination of previous jurisprudence will frequently be made in order to facilitate the identification of the operational implications of the rules studied.

Reference books
Author Title Publisher Year ISBN Note
G. Meruzzi Complemento di diritto commerciale Egea 2016 Da studiare gli argomenti trattati nei capp. 2-8, 9 (par. 9.1), 13,15-20
F. Galgano Istituzioni di diritto privato CEDAM 2013 Da studiare gli argomenti trattati nei capp. I, II (par. 1,2,3), III (da par. 1 a par. 5), IV (par. 1,2,3), V (par. 1,2), VI (par.1,4,5), IX, X, XI, XII, XIII (par.1,2), XIV, XV, XVI (par.1,2,3), XIX (par.1,4), XXI (da par. 1 a par. 4), XXIII
M. Campobasso Manuale di diritto commerciale UTET 2015 Da studiare gli argomenti trattati nei capp. I-V, VI (par. 1,2,9), X-XII

Assessment methods and criteria

The exam is oral, it focuses on the whole program and involves the discussion of three or four topics to ensure mastery of the notions and technical language. The final evaluation is expressed in thirty.

For programme Part 1:
F. Galgano, Istituzioni di diritto privato, Padova, CEDAM, ultima edizione: capp. I, II (par. 1,2,3), III (from par. 1 to par. 5), IV (par. 1,2,3), V (par. 1,2), VI (par.1,4,5), IX, X, XI, XII, XIII (par.1,2), XIV, XV, XVI (par.1,2,3), XIX (par.1,4), XXI (from par. 1 to par. 4), XXIII.

For programme Part 2:
M. Campobasso, Manuale di diritto commerciale, Torino, UTET, ultima edizione: capp. I-V, VI (par. 1,2,9), X-XII
or, as alternative:
G. Meruzzi, Complemento di diritto commerciale, Egea, 2016: capp. 2-8, 9 (par. 9.1), 13,15-20

For programme Part 3:
M. Campobasso, Manuale di diritto commerciale, Torino, UTET, ultima edizione: capp. XIII,XIV, XVI, XVII (from par. 1 to par. 24), XVIII, XIX, XX, XXI, XXII, XXIII, XXIV (from par. 1 to par. 14).

The preparation of the exam presupposes an accurate study of the norms of the Civil Code and the special laws referred to in the text from time to time. G. De Nova, Civil Code and Related Law, Bologna, Zanichelli, last ed.