BUL 5831 – COMMERCIAL LAW ONLINE COURSE SYLLABUS SUMMER, 2009 SECTION 5120 This course requires proctored exams. If you are unable to take the exams at the UWF campus and are unable to locate a testing center in your area, do not register for this course. Course Prefix/Number: BUL 5831 Course Title: Commercial Law Course Credit Hours: 3 hours Instructor Name and Contact Information: Donald Roark Instructor in Business Law Department of Accounting and Finance College of Business Building 76, Room 217 (850) 474-2733 Office Hours: Monday, Wednesday: 9:15 AM to 10:15 AM, 12:00 PM to 2:00 PM Other times by appointment Email: droark@uwf.edu Prerequisites or Co-Requisites: BUL 3130 Course Description: Commercial Law is the second of two courses offered by the College of Business which examine legal issues and topics that relate to business. This course will address the following business related legal areas: Secured Transactions, Bankruptcy, Business Entities (with an emphasis on corporations and corporate governance), Governmental Regulation of Business (including environmental regulation), Employment and Labor Law, Insurance Law and Probate Law (Estates and Estate Administration). Student Learning Outcomes: Students will have an understanding of the creation and perfection of secured interests, the priorities of competing secured and unsecured claims, defaults and remedies for default on secured transactions. Students will have an understanding of basic federal bankruptcy law, including Chapter 7 liquidations, Chapter 11 business reorganizations, and Chapter 13 consumer debt adjustment bankruptcies. Students will know the basic forms of business entities in which business can be conducted, including sole proprietorships, general and limited partnerships, limited liability companies, and corporations. They will understand the mechanics of governance of corporations, and will be able to assess the advantages and disadvantages of a choice of business entity, weighing such factors as limited liability, tax advantages, and management issues. Students will have an understanding of the rudimentary aspects of Employment and Labor Law, Environmental Law, Governmental Regulatory Law, Insurance Law, and Probate Law. Topics Covered: Secured Transactions Bankruptcy Law Employment Law Labor Law Business Entities Administrative Law (Governmental Regulatory Law) Environmental Law Insurance Law Probate Law Texts: Required Texts: Contemporary Business and Online Commerce Law, Sixth Edition, by Henry R. Cheeseman, Pearson-Prentice Hall, publishers. ISBN: 9780136015000. While you may be able to locate prior editions of this textbook on the market, it is very difficult to use an earlier version, as the chapter numbers and case problems, and to some degree the text, are changed. Online Course Assignments: This course is being offered as an online course, which means, among other things, that we will not have classroom meetings during the semester. This means that you will be individually responsible for reading the material and completing the required written assignments on the text. I am scheduling the required assignments to be completed and turned in on a bi-weekly basis, so that the completion schedule for the written assignments will correspond with the text material that is covered in the mid-term and final exams. You may complete the assignments ahead of the required schedule, as long as you keep in mind the material that will be covered in each exam. I will be using the eLearning system (available to you through ARGUS) for assignments, grade notification and other materials. The required assignments will be available on the eLearning site for the course (click on “content” when you bring up the eLearning home page for the course) and are to be submitted to the appropriate Dropbox by the deadline date. The deadlines for the written assignments are listed below in the syllabus. Your scores for the assignments and the exams will be posted on the “Grades” page of the eLearning site. Also available on the “Content” page of the eLearning site are Power Point slide presentations for each chapter that we will cover in the text. You are encouraged to view the slide presentations as part of your overall preparation for the assignments and the exams. Assignments: The deadlines for submission of the written assignments for the course are as follows: Assignment No. 1. Deadline date for submission: Friday, May 22nd . Assignment No. 2 Deadline date for submission: Friday, June 5th . Assignment No. 3 Deadline date for submission: Friday, June 19th . (Midterm exam will be given on Chs. 23, 24, 26, 27, 28, and 30 on Friday, June 19th, and Saturday, June 20th. The first exam date will be offered at the Ft. Walton Beach campus, time and place TBA, and the second exam date will be offered at the main Pensacola UWF campus. (If you are taking the exam at a testing center, you will be expected to schedule your exam on Friday, June 19th or Saturday, June 20th. Most testing centers are not open on Saturday.) Assignment No. 4 Deadline date for submission: Thursday, July 2nd. Assignment No. 5 Deadline date for submission: Friday, July 17th. Assignment No. 6 Deadline date for submission: Friday, July 31st. (Final exam on Chs. 32, 34, 35, 36, 37(part) and 39(part), on Friday, July 31 st and Saturday, August 1st. Same particulars as the midterm exam, above.) Grading/Evaluation: This course requires proctored exams. If you are unable to take the exams at the UWF campus and are unable to locate a testing center in your area, do not register for this course. Grading will be based on three components, each of which will count as a portion of your total grade. They are as follows:’ 1) The successful and timely completion of the written assignments will count for 60 points of the total 260 available points in the course. Each assignment will be worth 10 total points. Submission deadlines occur at 12:00 midnight on the date indicated. For every portion of a 24 hour period that you miss the assignment deadline, you will lose two points on that assignment. Points will also be deducted if you fail to complete the assignment. Otherwise, the assignments will be graded on a satisfactory/unsatisfactory basis. 2) A Mid-Term Exam will cover Chapters 23, 24, 26, 27, 28, and 30, and will count for 100 points of the total 260 available points in the course. The exam will be an objective test, probably multiple choice. We will arrange times and locations on the listed dates at the Ft. Walton Beach campus and at the main UWF campus. I will email you with those times and dates. If you are not able to attend either of these locations, and that would require that you are not living in this immediate area, you will need to arrange to have a test proctor in your locale to administer the test to you and return it to me for grading. This should be a testing center or similar location. (See below) 3) A non-cumulative Final Exam will cover Chapters 32, 35, 35, 36, 37(part), and 39(part), and will count for 100 points of the total 260 available points in the course. Again, the exam will be an objective exam, probably multiple choice. We will again arrange times and locations on the listed dates at the Ft. Walton Beach campus and the main campus. Those students who do not live in this area will follow a similar procedure for testing that they used for the Mid-Term Exam. The grading scale for the course will be as follows: 235 points or above 230 - 234 points 220 - 229 points 205 – 219 points 195 – 204 points 185 – 194 points 165 – 184 points Below 165 points A AB+ B C+ C D F Proctored exams for distance learning students: If you are not located in the Pensacola/Ft. Walton Beach area, you will need to arrange with a testing center in your area to be able to take the midterm and final exam in this course. Testing centers are available at universities and community colleges, where they sometimes offer this service for free, and there are commercial testing centers available as well. You will need to contact your testing center, schedule your testing date(s), and otherwise be responsible for obtaining and scheduling the required facility. If it is an official testing center, you do not need to complete the UWF Proctored Exam form. I will need the name of your contact person and the address of the testing center as soon as possible. Please email this information to me as soon as it is available. I will provide paper exams and return envelopes to the testing centers by mail prior to the exam dates. Expectations for Academic Conduct/Plagiarism Policy: As members of the University of West Florida, we commit ourselves to honesty. As we strive for excellence in performance, integrity – personal and institutional – is our most precious asset. Honesty in our academic work is vital, and we will not knowingly act in ways which erode that integrity. Accordingly, we pledge not to cheat, nor to tolerate cheating, not to plagiarize the work of others. We pledge to share community resources in ways that are responsible and that comply with established policies of fairness. Cooperation and competition are means to high achievement and are encouraged. Indeed, cooperation is expected unless our directive is to individual performance. We will compete constructively and professionally for the purpose of stimulating high performance standards. Finally, we accept adherence to this set of expectations for academic conduct as a condition of membership in the UWF academic community. Assistance: Students with special needs who require specific examination-related or other course-related accommodations should contact Barbara Fitzpatrick, Director of Student Disability Resource Center (SDRC), sdrc@uwf.edu, (850) 474-2387. SDRC will provide the student with a letter for the instructor that will specify any recommended accommodations.