Information Package / Course Catalogue
Law of Obligations
Course Code: BAS214
Course Type: Required
Couse Group: Short Cycle (Associate's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 3
Objectives of the Course

The objective of this course is to introduce students to the fundamental concepts, principles, and institutions of the law of obligations, and to teach the emergence, provisions, and termination mechanisms of obligation relations. Furthermore, it aims to provide theoretical and practical knowledge on subjects such as the formation of contracts, validity requirements, defects of consent, breach of obligation, and liability for damages—which are extensively used in the finance, banking, and insurance sectors—thereby enabling students to legally analyze contract processes in their professional lives.

Course Content

Subject, concepts, and fundamental principles of the law of obligations; concepts of obligation and obligation relation; sources of obligation: legal transactions (specifically contracts), torts, and unjust enrichment; formation, validity requirements, and form of contracts; defects of consent (mistake, fraud, duress) and lesion (gabin); the concept of representation; performance of obligations (place, time, and subject); breach of obligation and its consequences (default and damages); circumstances terminating obligation relations; special obligation relations concerning the financial world (suretyship, joint liability, etc.).

Name of Lecturer(s)
Learning Outcomes
1.To be able to explain the fundamental concepts of the law of obligations, elements of obligation relations, and types of liability.
2.To be able to define the formation stages (offer and acceptance) and legal characteristics of contracts, which are the primary source of obligation.
3.To be able to identify liability for damages in professional applications by explaining the concepts of tort and unjust enrichment.
4.To be able to interpret the effects of situations impairing consent (mistake, fraud, duress) and lesion on the validity of contracts by distinguishing them.
5.To be able to apply legal rules regarding the place, time of performance, and performance of monetary debts within the framework of financial transactions.
6.To be able to evaluate cases of breach of obligation, debtor's default, and legal consequences such as default interest from the perspective of financial risk management.
7.To be able to explain the grounds terminating obligations (set-off, statute of limitations, etc.) and distinguish the structure of suretyship and joint liability that constitute security in credit operations.
8.To be able to analyze the validity and formal legal requirements of contracts in the business and financial world (specifically banking and insurance agreements).
Recommended or Required Reading
1.Law of Obligations, Derya Ateş, Turgut Akıntürk, Beta Publications
2.Law of Obligations - General Provisions, Private Debt Relations, İsmail Kayar - Roman Boy, Seçkin publishing
Weekly Detailed Course Contents
Week 1 - Theoretical
Introduction to Law of Obligations: Subject, Sources, Concepts of Obligation and Obligation Relation
Week 2 - Theoretical
Sources of Obligation Relation and the Concept of Legal Transaction (Specifically Contract)
Week 3 - Theoretical
Formation of Contracts: Offer and Acceptance Processes
Week 4 - Theoretical
Validity Requirements of Contracts: Capacity, Subject of Contract, and Immorality
Week 5 - Theoretical
Formal Requirements in Contracts (Written, Official Forms, and Samples of Banking Contracts)
Week 6 - Theoretical
Defects of Consent (Mistake, Fraud, Duress) and Lesion (Gabin)
Week 7 - Theoretical
Concept of Representation, Direct and Indirect Representation, Unauthorized Representation
Week 8 - Theoretical
Second Source of Obligation: Liability Arising from Torts and Principles of Damages
Week 9 - Theoretical
Third Source of Obligation: Concept and Requirements of Unjust Enrichment
Week 10 - Theoretical
Performance of Obligations: Place, Time, Subject of Performance, and Performance Principles in Monetary Debts
Week 11 - Theoretical
Breach of Obligation: Debtor's Default, Faulty Impossibility, and the Concept of Interest
Week 12 - Theoretical
Creditor's Default and Grounds Terminating Obligation Relations (Release, Novation, Set-off, Limitation)
Week 13 - Theoretical
Special Circumstances in Obligation Relations: Joint Liability and Assignment of Claims
Week 14 - Theoretical
Guarantee Contracts in Finance Sector: Suretyship Contract, Conditions, and General Review
Assessment Methods and Criteria
Type of AssessmentCountPercent
Assignment1%5
Quiz1%5
Midterm Examination1%30
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Assignment1415
Quiz1415
Midterm Examination112113
Final Examination114115
TOTAL WORKLOAD (hours)80
Contribution of Learning Outcomes to Programme Outcomes
PÇ-1
PÇ-2
PÇ-3
PÇ-4
PÇ-5
PÇ-6
PÇ-7
PÇ-8
PÇ-9
PÇ-10
OÇ-1
5
2
1
2
3
5
OÇ-2
5
2
1
2
3
4
OÇ-3
5
2
1
2
3
4
OÇ-4
5
2
1
2
3
4
OÇ-5
5
2
1
2
3
4
OÇ-6
OÇ-7
OÇ-8
Adnan Menderes University - Information Package / Course Catalogue
2026