I. BASIC COURSE INFORMATION
- Course Title:
- Course Number:
- Course Name:
- Credit Hours:
- Semesters Offered:
COM 121 English Composition; BUS 100 Introduction to Business or OFT 230 Legal Terminology & Transcription
II. COURSE DESCRIPTION
This course covers the significance of business procedures and methods to avoid lawsuits and major legal problems. The legal system, contract law, sales contracts, commercial paper, agency relationships, insurance, property, partnerships and corporations are the areas of study. The course is designed to be taken near the end of business studies.
III. RATIONALE OF COURSE
Business law affects everyone's life every day. The rules of business transactions are too numerous to be learned. Rather, the best the student, or anyone, can hope to understand is the basis for the rules of law. If the student understands the basis for the rules of law, then he or she will be in a better position to evaluate whether a particular business transaction carries with it legal implications.
IV. COURSE COMPETENCIES
- Reflect an understanding of law and its enforcement through an overview of all types of law, courts, and judicial procedures.
- Demonstrate a working knowledge of law as it specifically affects business operations and decisions. Apply that knowledge to factual situations encountered in business.
- Demonstrate a knowledge of contracts, their formation, elements and related issues.
- Properly use legal terminology in the business environment.
- Demonstrate a familiarity with key provisions of the Uniform Commercial Code.
- Apply knowledge gained in analyzing law cases (case approach).