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.
I. Recognize the basic concepts of law. II. Recognize elements of the court system in the United States. III. Recognize the definition and the elements of different crimes. IV. Identify different characteristics of contracts and offers. V. Recognize the valid use of e-signatures. VI. Recognize the conditions of an acceptance of a contract. VII. Understand the definition of fraud. VIII. Recognize the relationship between a promise and consideration. IX. Recognize the definition of the capacity of parties X. Identify situations that produce illegality. XI. Recognize the obligations in a collateral contract. XII. Identify terms of assignors liability. XIII. Identify the conditions of a performance. XIV. Recognize examples of damages and remedies. XV. Recognize the process of creation of a relationship. XVI. Identify the relation of principal to agent and an agent to a third person. XVII. Identify the characteristics of a partnership. XVIII. Recognize the process of dissolution of the partnership. XIX. Identify the purpose of the articles of incorporation. XX. Recognize different entities that may be a corporation. XXI. Recognize operational requirements of a corporation. XXII. Recognize laws used to protect investors. XXIII. Recognize characteristics of shareholders rights. XXIV. Identify aspects of ownership rights of personal property. XXV. Recognize characteristics of real property. XXVI. Identify the attributes of co-ownership of real property. XXVII. Recognize the conditions required for formation. XXVIII. Understand some of the nuances in the process of obtaining a title. XXIX. Identify attributes of the liability for negligence. XXX. Recognize some rules concerning product liability. XXXI. Recognize rules of the Uniform Commercial Code. XXXII. Identify the requirements for negotiability. XXXIII. Recognize some types of endorsements used during a negotiation. XXXIV. Recognize the liability of parties with regards to negotiable instruments. XXXV. Recognize some security interests in real property. XXXVI. Identify types of bankruptcy. XXXVII. Identify general areas of protection within the law. XXXVIII. Recognize definitions and examples of the antitrust laws. XXXIX. Recognize the purpose of employment legislation. XL. Identify purposes of enacting workers compensation statutes and characteristics under Title VII. XLI. Identify the scope and provisions of OSHA.
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