PA1103 — Contracts, UCC and Business Organizations
PA 1103 - Contracts, UCC and Business Organizations PA 1103 - Contracts, UCC and Business Organizations 4 Credits Introduces the student to the law of contracts and the Uniform Commercial Code, specifically Article 2-Sales and Article 9-Secured Transactions. Students will also gain knowledge in the formation of business organizations in terms of partnerships, corporations and other business entities, which includes the preparation of related documents. Formation of the Sales Contract 2. Warranties 3. Performance of Sales Contract 4. Title, Risk of Loss, and Insurable Interest 5. Remedies Secured Transactions, UCC Article 9 Agency Section E. Business Organization Formation 1. Sole Proprietorships 2. Franchises 3. Partnerships a. Limited Partnerships b. Limited Liability Partnerships 4. Corporations a. Nature and Formation b. Directors, Officers, and Shareholders c. Mergers d. Consolidation e. Termination f. Security Regulations g. Professional and B-Corporations h. Limited Liability Company Section F. Ethics Section A. Contracts 1. Contracts 2. Basic Concepts-Terminology 3. Offers and Acceptance 4. Consideration 5. Legality, Statute of Frauds, Construction 6. Defenses to the Formation and Enforcement of Contracts 7. Third Party Rights and Obligations8. Performance of Contract 9. Remedies Learning
Prerequisites: PA1102