BU400 Business Law (3 cr.)

This course examines the legal environment of business. Systems and concepts such as the legal and regulatory system, contract law, property laws, and torts are analyzed. Also examined are the forms of business organization such as partnerships and corporations. The course introduces the laws and regulations which affect business activities, including employment law, securities, antitrust, bankruptcy, consumer protections, and environmental laws. The course also explores ethics and ethical decision-making in the context of the legal system.

Upon completion of this course, students are expected to be able to do the following:

1. Evaluate the variety of legal issues present in day-to-day business dealings and transactions.
2. Analyze how the American legal system functions and interrelates with the world of business and organizations.
3. Demonstrate ethical business decision-making which takes into account legal considerations.
4. Appraise the methods that business professionals use to protect themselves and their organizations from adverse legal consequences.