BUS 1131 - Legal Environment of Business
3 Credits Introduces business students to legal topics that impact business. This course addresses legal reasoning, legal procedures, constitutional law, torts, contracts, the sale of goods under the uniform Commercial Code, business organizations, unfair competition, consumer protection, bankruptcy and employment law.
Major Content Areas Bankruptcy: what it is and the different types of bankruptcy and when each type is used; impact of bankruptcy: 4.5% What is law; legal reasoning; court system: 4% Criminal liability of business: 2% Consumer Protection: statues which provide protection to consumers such as credit laws and warranty laws: 3% Intentional torts; nuisance; defamation; invasion of privacy; negligence; strict liability; products liability; business torts: 25% Employment Law: employment at will; prohibitions against discrimination; legislation that effects employment (e.g. Family Medical Leave Act, Americans with Disabilities Act, Labor Laws): 4% Constitutional law and its impact on business: 4% Business Organizations: the characteristics of all the different types of business organizations; the advantages and disadvantages of each: 10.5% Sales contracts under the Uniform Commercial Code; formation; types of sales contracts; performance obligations of buyer and seller, warranties; nonlitigation remedies; litigation remedies; differences from common law contracts: 9.5% Initiating a lawsuit; alternative dispute resolution: 4% Trademark and Patent: what each of these are; protections they offer; enforcement of these statues; protection against unfair competition: 6.5% Contracts: requirements; conditions; third party contracts; discharge; remedies: 23%
Learning Outcomes Identify what types of law impact business (e.g. statues, case laws and administration regulations and cases) Identify what types of behavior by a business and/or it’s employees can lead to tort liability Analyze the various methods of organizing a business and the advantages and disadvantages of each method Discuss when common law contract rules apply to a situation rather than the Uniform Commercial Code Discuss how a contract is created and its legal impact Describe the stages of a lawsuit and analyze when alternative dispute resolution may be more effective Discuss when an employer may be liable for the torts of its employees Discuss unfair competition, consumer protection, bankruptcy, and employment law
|