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Status

Open

Estimated Completion Time

16 - 18 weeks

Overview

Whether you plan to start your own business, work for an organization, or go into law, it’s essential to understand more complex legal requirements that impact business operations and decisions. This is especially true as companies grow and expand domestically and internationally. Explore the differences between criminal and civil law. Examine how state and federal regulations work to protect consumer and employees’ rights, protect society and the environment, and understand how business contracts can work to protect everyone.

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Major Topics and Concepts

Unit 1: More Business Law Basics

  • Identify the five main sources of law
  • Differentiate between criminal and civil cases
  • Compare and contrast the federal and state court systems
  • Argue the merits of Alternative Dispute Resolution options
  • Discuss the business life cycle of a law firm

Unit 2: How Government Regulations Protect Employees’ Rights

  • Justify why the federal government regulates the employer-employee relationship
  • Examine federal legislation designed to protect employees
  • Evaluate how the Equal Employment Opportunity Commission (EEOC) enforces regulations that protect employees
  • Assess the advantages and disadvantages of employment contracts
  • Differentiate between union workers and at-will employees

Unit 3: How Government Regulations Protect Society and the Environment

  • Assess the government’s interest in protecting the environment
  • Evaluate the Environmental Protection Agency’s practices and procedures
  • Interpret key legislation aimed at stemming environmental hazards
  • Analyze how government oversees publicly owned businesses

Unit 4: The Ins and Outs of Business Contracts

  • Discuss the elements that comprise a valid contract
  • Classify various types of contracts
  • Distinguish between enforceable and unenforceable contracts
  • Evaluate the usefulness of the Uniform Commercial Code
  • Predict the remedies available to an aggrieved party in a contract breach

Unit 5: How Business Law Protects Consumers

  • Identify the elements of contracts of sale of goods and the associated obligations of buyers and sellers
  • Distinguish between various types of product warranties
  • Describe how federal legislation protects consumers in the marketplace
  • Evaluate how businesses increase profitability by using client-service strategies

Unit 6: Bribery and Beyond: How Businesses Are Perpetrators and Victims of Crime

  • Identify the elements of a crime
  • List common business crimes
  • Compare criminal and tortious conduct
  • Distinguish between common torts committed by and against businesses
  • Examine the steps the government takes to prosecute criminals

Unit 7: Doing Business Around the World

  • Understand the nature of globalization and its growth since the mid-20th century
  • Examine how cultural differences impact business transactions
  • Evaluate how international organizations monitor trade agreements
  • Analyze the extent to which American companies operate under other nations’ laws
  • Distinguish between the advantages and disadvantages of globalization

Unit 8: Winding Up A Business

  • Understand the common reasons why businesses fail
  • Describe the steps a business takes to dissolve
  • Distinguish how the dissolution process is different for sole proprietorships, partnerships, and corporations
  • Explain which bankruptcy option is most suitable for different forms of business

 

Credits .5

Competencies

  • Business Law
    Students will demonstrate an understanding of business law by explaining laws governing behavior in the business world, describing methods of dispute resolution, and summarizing the components of a business law firm.
  • Regulations Protecting Employees
    Students will demonstrate an understanding of regulations protecting employees by describing current circumstances for employees in the workplace and explaining legal policies that protect employees’ rights.
  • Regulations Protecting Society
    Students will demonstrate an understanding of regulations protecting society by explaining regulations that protect society and regulations that protect the environment.
  • Business Contracts
    Students will demonstrate an understanding of business contracts by distinguishing between types of contracts, explaining types of contract violations, and summarizing types of remedies for contract violations.
  • Regulations Protecting Consumers
    Students will demonstrate an understanding of regulations protecting consumers by describing criteria that define legal agreements, differentiating types of consumer harm, and analyzing legal marketing strategies.
  • Crime in the Business World
    Students will demonstrate an understanding of crime in the business world by distinguishing between different types of business crime and explaining the components of a tort action.
  • Global Business
    Students will demonstrate an understanding of global business by describing cultural differences important in global business and comparing advantages and disadvantages of global business.
  • Business Discontinuation
    Students will demonstrate an understanding of business discontinuation by explaining options for dissolving a business and explaining the consequences of bankruptcy.

Pre-Requisites

Business Law 1a

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