Nov 23, 2024  
Catalog 2021-2022 
    
Catalog 2021-2022 [ARCHIVED CATALOG]

BUS& 201 Business Law

5 credits
This is an introductory course which covers the basic study of the structure and function of the American legal system as it relates to business transactions. Emphasis is placed on U.S. contract law, the Uniform Commercial Code, and negotiable instruments.

Prerequisites: ENGL 099  (or placement into ENGL& 101 

Course Outcomes
Upon successful completion of this course students will be able to:

  • Apply correct legal terminology in describing the structure and function of the American legal system and selected areas of law affecting business transactions
  • Apply the law of contracts and the Uniform Commercial Code, Article 2, Sales, to business relations, particularly as they impact the ownership and operation of business
  • Describe the law and Article 3 of the Uniform Commercial Code regarding various types of negotiable instruments
  • Outline the concepts of intentional torts, negligence, strict liability, and product liability
  • Identify types of business organizations, including sole proprietorships, partnerships, and corporations
  • Outline the basic principles of agency law, employment law, and international law as they affect US business
  • Apply ethical principles to the business context, especially as these concepts apply to their participation in the business and professional arena
  • Describe the relationship between criminal and business law
  • Describe the government’s constitutional authority to regulate business
  • Reason clearly, responsibly, and succinctly when faced with legal problems and questions

Global Outcomes
This course teaches to the global outcome of intercultural appreciation.

Total Hours: 50 Theory (Lecture) Hours: 50