Managers must have an understanding of the legal environment in which business enterprises must operate. This course stresses those aspects of the law that are essential to the decision making process and the operation of a business. The basis of constitutional law and the operation of the legal system explained. The difference between civil and criminal law and the methods to resolving disputes are covered. A major emphasis is placed on contract law both in private transactions employing the Uniform Commercial Code, and in federal, state and local contracts which are subject to the various statutes, regulations and procedures governing public agencies.
All aspects of business law are covered including sales contracts – product liability – employment law – the law of agency – business organizations – business agreements – property and consumer law. The growing problem of environmental law is considered. Since more and more enterprise are engaging in international business operations, the legal area is covered. In addition, the role of legal counsel and the legal behavior of the corporate manager is analyzed.
| Introduction to Law, Legal Reasoning, and Business ethics |
Warranties, Product Liability and Consumer Law |
| Courts, Court Procedures and Alternative Dispute Resolution |
Agency Formation, Duties, Liability to Third Parties and Termination |
| Constitutional Authority to Regulate Business and Administrative Law |
Employment, Labor Law, and Employment Discrimination |
| Torts, Negligence and Strict Liability |
Personal Property, Bailments and Insurance |
| Intellectual Property, Criminal Law and Cyber Crimes |
Bankruptcy Law |
| Contracts – Nature and Terminology |
Secured Transactions, Creditors Rights and Suretyship |
| Agreement Consideration, Capacity and Legality |
Environmental and Antitrust Law |
| Genuineness of Assent and Statute of Frauds |
Sole Proprietorships, Franchises, Law for Small Business |
| Third Party Rights, Performance and Discharge |
Partnerships, LLP's, LLC's, Special Business Forms |
| Breach of Contract, Remedies and E-Contracts |
Corporations – Formation, Financing, Directors, Officers, Shareholders |
| Formation of Sales and Lease Contracts |
Corporations – Mergers, Consolidation, Termination, Securities and Corporate Governance |
| Title, Risk and Insurable Interest |
Professional Liability, Accountability, and International Law |
| Performance Breach of Sales/Lease Contracts and Remedies |
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