BUSN-262 Business Law II

Credits 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.