BUS1131 — Legal Environment of Business
BUS 1131 - Legal Environment of Business 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 lawsu