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Business Law: The Legal Environment of Business

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Course Description

The major purpose of Business Law: The Legal Environment of Business is to provide you with a concise summary of the major legal principles affecting businesspeople and business transactions. It provides a quick, yet comprehensive, review of this vital and wide-ranging area of the law. You will be able to analyze business decisions from a legal responsibility perspective.

Learning Objectives

Chapter 1 Introduction to Law and the Legal System After studying this chapter, you will be able to: 1. Recognize the basic concepts of law. 2. Recognize elements of the court system in the United States. Chapter 2 Crimes, White-Collar Crimes, Torts, Cyber Torts, and Intellectual Property Laws After studying this chapter, you will be able to: 1. Recognize the definition and the elements of different crimes. Chapter 3 Contracts, offer, and E-Contracts After studying this chapter, you will be able to: 1. Identify different characteristics of contracts and offers. 2. Recognize the valid use of e-signatures. Chapter 4 Acceptance and Reality of Consent After studying this chapter, you will be able to: 1. Recognize the conditions of an acceptance of a contract. 2. Understand the definition of fraud. Chapter 5 Consideration After studying this chapter, you will be able to: 1. Recognize the relationship between a promise and consideration. Chapter 6 Capacity of Parties and Illegality After studying this chapter, you will be able to: 1. Recognize the definition of the capacity of parties 2. Identify situations that produce illegality. Chapter 7 Writing and Rights of Third Parties After studying this chapter, you will be able to: 1. Recognize the obligations in a collateral contract. 2. Identify terms of assignors liability. Chapter 8 Performance and Remedies After studying this chapter, you will be able to: 1. Identify the conditions of a performance. 2. Recognize examples of damages and remedies. Chapter 9 Agency After studying this chapter, you will be able to: 1. Recognize the process of creation of a relationship. 2. Identify the relation of principal to agent and an agent to a third person. Chapter 10 Partnerships After studying this chapter, you will be able to: 1. Identify the characteristics of a partnership. 2. Recognize the process of dissolution of the partnership. Chapter 11 Organization and Incorporation of Corporations After studying this chapter, you will be able to: 1. Identify the purpose of the articles of incorporation. 2. Recognize different entities that may be a corporation. Chapter 12 Operating the Corporation After studying this chapter, you will be able to: 1. Recognize operational requirements of a corporation. Chapter 13 Corporate Securities and Foreign Corporations After studying this chapter, you will be able to: 1. Recognize laws used to protect investors. Chapter 14 Shareholder Rights and Liabilities After studying this chapter, you will be able to: 1. Recognize characteristics of shareholders rights. Chapter 15 Personal Property After studying this chapter, you will be able to: 1. Identify aspects of ownership rights of personal property. Chapter 16 Real Property After studying this chapter, you will be able to: 1. Recognize characteristics of real property. 2. Identify the attributes of co-ownership of real property. Chapter 17 Formation, Terms, Title, and Risk After studying this chapter, you will be able to: 1. Recognize the conditions required for formation. 2. Understand some of the nuances in the process of obtaining a title. Chapter 18 Product Liability After studying this chapter, you will be able to: 1. Identify attributes of the liability for negligence. 2. Recognize some rules concerning product liability. Chapter 19 Performance & Remedies After studying this chapter, you will be able to: 1. Recognize rules of the Uniform Commercial Code. Chapter 20 Negotiability After studying this chapter, you will be able to: 1. Identify the requirements for negotiability. Chapter 21 Negotiation and Holder In Due Course After studying this chapter, you will be able to: 1. Recognize some types of endorsements used during a negotiation. Chapter 22 Liability of Parties; Checks; Documents of Title After studying this chapter, you will be able to: 1. Recognize the liability of parties with regards to negotiable instruments. Chapter 23 Secured Transactions After studying this chapter, you will be able to: 1. Recognize some security interests in real property. Chapter 24 Bankruptcy After studying this chapter, you will be able to: 1. Identify types of bankruptcy. Chapter 25 Economic Relations and the Law After studying this chapter, you will be able to: 1. Identify general areas of protection within the law. 2. Recognize definitions and examples of the antitrust laws. Chapter 26 Employment Law After studying this chapter, you will be able to: 1. Recognize the purpose of employment legislation. 2. Identify purposes of enacting workers compensation statutes and characteristics under Title VII. 3. Identify the scope and provisions of OSHA.

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Learning Format 11.0 Hours
Self-Study / On-Demand

Credit Type(s)
Business Law

Knowledge Level
Overview