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 equivalent placement score.

Quarters Offered: Fall, Winter, Spring

Student Outcomes/Competencies:
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