Provides a comprehensive overview of U.S. business law, including the legal system, contracts, torts, intellectual property, agency, employment, and business organization forms. Emphasizes practical legal knowledge and explores how laws impact business operations, with a focus on risk management, contract disputes, business formation, and compliance with government regulation. Introduces legal challenges in business through real cases and legal terminology.
Course Outcomes
Upon successful completion of the course, the student will be able to:
- Describe the U.S. legal system as applied to business including sources of law, the judicial system, and alternative forms of dispute resolution.
- Explain the applicability of tort, criminal, and intellectual property law to business.
- Identify business organization forms and the responsibilities and liabilities of principals and agents.
- Describe the legal requirements for contract formation, enforcement, and defenses, as well as application of the Uniform Commercial Code.
- Explain the basic tenets of employment, labor and wage laws related to business.
Prerequisites
Equivalent placement test scores also accepted.