Nov 22, 2024  
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College Catalog 2021-2022 [ARCHIVED CATALOG]

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BLAW 1090 - Business Law 2

Credit Hours: 4.00

Prerequisites: BLAW 1080  

(formerly BUSN 1090)

This fundamentals course is designed to provide a comprehensive overview of liability of the parties under negotiable instruments, debtor-creditor relationships, agency and employment, equal employment opportunity law, business organizations, and real property and estates.

Billable Contact Hours: 4

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OUTCOMES AND OBJECTIVES
Outcome 1: Upon completion of this course, students will be able to identify and explain the liability of the parties under negotiable instruments.

Objectives: With a minimum of proficiency of Level 3 on the discipline rubric:

  1. Kinds of instruments, parties, and negotiability
  2. Transfers of negotiable instruments and warranties of parties
  3. Liability of the parties to negotiable instruments
  4. Checks and funds transfers

Outcome 2: Upon completion of this course, students will be able to identify and explain debtor-creditor relationships.

Objectives: With a minimum of proficiency of Level 3 on the discipline rubric:

  1. Nature of the debtor-creditor relationship
  2. Consumer protection
  3. Secured transactions in personal property
  4. Identify and explain bankruptcy
  5. Identify and explain insurance

Outcome 3: Upon completion of this course, students will be able to identify and explain agency and employment.

Objectives: With a minimum of proficiency of Level 3 on the discipline rubric:

  1. Identify and explain agency
  2. Third persons in agency
  3. Regulation of employment
  4. Equal employment opportunity law

Outcome 4: Upon completion of this course, students will be able to identify and explain business organizations.

Objectives: With a minimum of proficiency of Level 3 on the discipline rubric:

  1. Types of business organizations
  2. Partnerships
  3. LPs, LLCs, and LLPs
  4. Corporation formation
  5. Shareholder rights in corporations
  6. Securities regulation
  7. Accountants’ liability and malpractice
  8. Management of corporations

Outcome 5: Upon completion of this course, students will be able to identify and explain real property and estates.

Objectives: With a minimum of proficiency of Level 3 on the discipline rubric:

  1. Real property
  2. Environmental law and land use control
  3. Identify and explain leases
  4. Decedents’ estates and trusts
COMMON DEGREE OUTCOMES (CDO)
• 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.

CDO marked YES apply to this course:
Communication: YES
Critical Thinking: YES
Global Literacy: YES
Information Literacy: YES
Quantitative Reasoning: YES
COURSE CONTENT OUTLINE

  1. Negotiable Instruments
    1. Promissory Notes and Certificates of Deposit
    2. Checks and Drafts
  2. Debtor - Creditor Relationship
    1. Suretyship and Guaranty
    2. Secured Transactions, Consumer Protection and Insurance
    3. Bankruptcy
  3. Agency and Employment
    1. Agents, Employees and Independent Contractors
    2. Regulation of Employment, Title VII and Elliot-Larson
  4. Business Organizations
    1. Partnerships, Corporations, LP, LLC, and LLP.
    2. State and federal Securities Regulations
    3. Rights and responsibilities of Shareholders, Directors and Officers
  5. Real Property and Estates
    1. Owning, Leasing and Converging Real Estate
    2. Land Use Controls
    3. Decedent’s Estates and Trusts
Primary Faculty
Hetchler, Robert
Secondary Faculty

Associate Dean
Johnson, Elise
Dean
Balsamo, Michael

Official Course Syllabus - Macomb Community College, 14500 E 12 Mile Road, Warren, MI 48088


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