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Sep 08, 2024
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2021-2022 Archived Catalog
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BUSN-262 Business Law IICredits 3 / 3 Contact Hours Pre-requisite: Placement into ACRD 080 . The study of law in relation to partnerships, corporations, limited liability companies, property, sales, bailments, loans, insurance, and business regulations, including the perspective of starting a new entrepreneurial venture.
Course Outcomes
- Explain the essentials of a contract and determine the contracts necessary for the student’s business venture
- Evaluate the legal forms of organization and determine which is best for the student’s business venture
- Describe the nature of a business owner’s liability and assess the potential liabilities for the student’s business venture
- Explain the duties and responsibilities of an agency relationship
- Describe the legal ways to protect the proprietary aspects of a business and analyze which apply to the student’s business venture
- Identify resources for zoning, licensing and regulatory information that apply to the student’s business venture
- Explain the law as it relates to human resource management in a small business and particularly in the student’s planned venture
- Explain the different types of bankruptcies
- Identify political issues affecting business ownership.
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