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
Search for Sections Transfer Possibilities Michigan Transfer Network (MiTransfer) - Utilize this website to easily search how your credits transfer to colleges and universities. 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:
- Kinds of instruments, parties, and negotiability
- Transfers of negotiable instruments and warranties of parties
- Liability of the parties to negotiable instruments
- 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:
- Nature of the debtor-creditor relationship
- Consumer protection
- Secured transactions in personal property
- Identify and explain bankruptcy
- 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:
- Identify and explain agency
- Third persons in agency
- Regulation of employment
- 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:
- Types of business organizations
- Partnerships
- LPs, LLCs, and LLPs
- Corporation formation
- Shareholder rights in corporations
- Securities regulation
- Accountants’ liability and malpractice
- 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:
- Real property
- Environmental law and land use control
- Identify and explain leases
- 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
- Negotiable Instruments
- Promissory Notes and Certificates of Deposit
- Checks and Drafts
- Debtor - Creditor Relationship
- Suretyship and Guaranty
- Secured Transactions, Consumer Protection and Insurance
- Bankruptcy
- Agency and Employment
- Agents, Employees and Independent Contractors
- Regulation of Employment, Title VII and Elliot-Larson
- Business Organizations
- Partnerships, Corporations, LP, LLC, and LLP.
- State and federal Securities Regulations
- Rights and responsibilities of Shareholders, Directors and Officers
- Real Property and Estates
- Owning, Leasing and Converging Real Estate
- Land Use Controls
- Decedent’s Estates and Trusts
Primary Faculty Manatine, Jennifer R. Secondary Faculty Associate Dean Johnson, Elise Dean Balsamo, Michael
Primary Syllabus - Macomb Community College, 14500 E 12 Mile Road, Warren, MI 48088
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