BLAW 1080 - Business Law 1

Credit Hours: 4.00

Objectives:

1. Identify sources of law.
2. Identify different court systems and alternative dispute resolutions.
3. Compare different court systems and alternative dispute resolutions.
4. Identify the Constitution of the United States.
5. Identify the various federal and state administrative agencies.
6. Explain the rule-making process for administrative agencies.
7. Identify various types of crimes.
8. Define various types of crimes.
9. Identify various types of torts.
10. Define the various types of torts.
11. Identify various types of intellectual property rights.
12. Compare different types of intellectual property rights.

Outcome 2: Upon completion of this course, students will be able to explain the social environment of business as it pertains the law.

Objectives:

1. Define ethics and business ethics.
2. Identify various ethical standards applied in businesses.
3. Compare various ethical standards applied in businesses.
4. Identify various categories of ethical behaviors.
5. Compare various categories of ethical behaviors.
6. Identify methods used for resolving ethical dilemmas.
7. Compare methods used for resolving ethical dilemmas.

Outcome 3: Upon completion of this course, students will be able explain contracts.

Objectives:

1. Identify various classifications of contracts.
2. Identify elements for a contract.
3. Define elements for a contract.
4. Apply elements for a contract.
5. The parol evidence rule.
6. Identify rules of construction for interpreting contracts.
7. Apply rules of construction for interpreting contracts.
8. Distinguish between various third-party contracts.
9. Identify the ways to discharge of contracts.
10. Identify a breach and an anticipatory breach.
11. Identify legal remedies and equitable remedies.
12. Classify legal remedies and equitable remedies.
13. Apply remedies for breach of contract.

Outcome 4: Upon completion of this course, students will be able to explain contracts involving sales (goods and leases of goods).

Objectives:

1. Identify personal property.
2. Classify personal property.
3. Identify bailment carriers, warehouses, hotel keepers, factors, and consignments
4. Identify various aspects of legal supply chain management.
5. Compare various aspects of legal supply chain management.
6. Identify contracts involving the sale of goods.
7. Identify the formation of a sales contract.
8. Identify the formation of leases involving personal property.
9. Identify passage of title and risk of loss in sales contracts.
10. Apply passage of title and risk of loss in sales contracts.
11. Identify product liability theories.
12. Compare product liability theories.
13. Identify warranties provided by sellers.
14. Compare warranties provided by sellers.
15. Identify ways to discharge of sales contracts.
16. Identify a breach and an anticipatory breach in a sales contract.
17. Identify the non-breaching party’s available legal remedies and equitable remedies in a sales contract.
18. Classify the non-breaching party’s legal remedies and equitable remedies in a sales contract.

• Communication: The graduate can communicate effectively for the intended purpose and audience.
• Critical Thinking: The graduate can make informed decisions after analyzing information or evidence related to the issue.
• Global Literacy: The graduate can analyze human behavior or experiences through cultural, social, political, or economic perspectives.
• Information Literacy: The graduate can responsibly use information gathered from a variety of formats in order to complete a task.
• Quantitative Reasoning: The graduate can apply quantitative methods or evidence to solve problems or make judgments.
• Scientific Literacy: The graduate can produce or interpret scientific information presented in a variety of formats.

1. The legal and Social Environment of Business
   1. The adversary system
   2. Ethical standards and behaviors
2. Contracts
   1. Offers
   2. Acceptance
   3. Capacity
   4. Consideration
   5. Legality
   6. Statute of Frauds
   7. Parol evidence rule
   8. Rules of construction and interpretation
   9. Assignments, delegations, and third-party beneficiary contracts
   10. Performance, breach, and remedies
3. Sales and Lease of Goods
   1. Personal Property,
   2. Bailment and
   3. Common Carriers
   4. Sales
   5. Lease of Goods
   6. Title and Risk loss
   7. Product liability and warranties
   8. Performance, breach, and remedies