Lassen Community College Course Outline BUS 22 Business Law I. 3.0 Units Catalog Description An introduction to the legal system with emphasis on business transactions. Topics include contracts, sales, torts, agency relationships, and commercial paper. A fundamental understanding of legal procedure, sources of law, law classifications, dispute resolution, and social/ethical considerations of law. This course has been approved for live-interactive, online, and correspondence delivery. Recommended Preparation: Successful completion of ENGL105 or equivalent assessment placement. Transfers to both UC/CSU C-ID BUS 125 51 Hours Lecture Scheduled: Fall II. Coding Information Repeatability: Not Repeatable, Take 1 Time Grading Option: Graded or Pass/No Pass Credit Type: Credit - Degree Applicable TOP Code: 050100 III. Course Objectives A. Course Student Learning Outcomes Upon completion of this course the student will be able to: 1. Demonstrate a basic understanding of the legal framework that surrounds contemporary U.S. business. 2. Identify and explain the major constructs of contract law. B. Course Objectives Upon completion of this course the student will be able to: 1. Explain the historical foundations and evolution of U.S. law. 2. Explain the social, political and ethical implications of the law. 3. Describe the process of law through legal systems and courts from problem to resolution. 4. Demonstrate an understanding of tort and criminal law. 5. Explain and apply the elements, performance, breach and remedies of contract law. 6. Recall, explain, and apply the constructs of sales law and the Uniform Commercial Code. 7. Describe the relationship of agency to include duties and obligations for agent, principal and third parties. 8. Demonstrate an understanding of the legal constructs surrounding commercial paper. 9. Differentiate between the primary forms of business and the legal environment surrounding each. BUS-­‐22 Business Law Page 1 IV. Course Content A. The Legal and Social Environment of Business 1. Law and Enforcement Agencies 2. Law as an Expression of Social Forces 3. The Constitution as the foundation of the Legal Environment 4. Government Regulation of Business 5. The International Legal Environment 6. Administrative Agencies 7. Environmental Law and Community Planning 8. Consumer Protection 9. Crimes 10. Torts B. Contracts 1. Nature and Classes of Contracts 2. The Agreement 3. Contractual Capacity 4. Genuineness of Assent 5. Consideration 6. Legality and Public Policy 7. Form of Contract 8. Interpretation of Contracts 9. Third Persons and Contracts 10. Discharge of Contracts 11. Breach of Contract and Remedies C. Personal Property and Bailments 1. Personal Property 2. Bailments 3. Special Bailments and Documents of Title D. Introduction to Sales 1. Nature and Form of Sales 2. Risk and Property Rights 3. Obligations and Performance 4. Warranties and Other Product Liabilities 5. Remedies for Breach of Sales Contract E. Commercial Paper 1. Kinds of Paper, Parties and Negotiability 2. Transfer of Commercial Paper 3. Rights of Holders and Defenders 4. Presentment of Paper for payment and Acceptance 5. Discharge of Commercial paper 6. Checks and Customer-Bank Relationships F. Secured Transactions, Creditors' Rights and Insurance 1. Secured Transactions Under Article 9 2. Other Security Devices 3. Bankruptcy 4. Insurance 5. Kinds of Insurance BUS-­‐22 Business Law Page 2 G. Agency and Employment 1. Agency--Creation and Termination 2. Principal and Agent 3. Third Persons in Agency 4. Employment H. Introduction to Business Organizations and Agencies 1. Forms for Business Organizations 2. Creation and Termination of Partnerships 3. Powers and Duties of Partners 4. Nature, Creation and Termination of Corporation 5. Corporate Powers 6. Corporate Stock and Shareholders 7. Management of Corporations I. Real Property 1. Nature and Ownership of Real Property 2. Leases J. Estates 1. Decedents' Estates 2. Trusts K. How to Find the Law L. U.S. Constitution M. Uniform Commercial Code N. Uniform Partnership Act O. Uniform Limited Partnership Act. P. Revised ABA Model Business Corporation Act Q. Ethics V. Assignments A. Appropriate Readings 1. The Wall Street Journal 2. Business Week 3. Money 4. U.S. News and World Report 5. California Law Review B. Writing Assignments Written analysis of selected case studies. C. Expected Outside Assignments Students will analyze the legal and social environment in business and present these in case studies. D. Specific Assignments that Demonstrate Critical Thinking Students will interpret contract laws in the written analysis of selected case studies. Students will interpret the laws of Personal Property and bailments in the written analysis of case studies. VI. Methods of Evaluation Traditional Classroom Instruction Oral and written analysis of case studies, and multiple choice problems. BUS-­‐22 Business Law Page 3 Online Delivery A variety of methods will be used, such as: research papers, asynchronous and synchronous discussions (chat/forum), online quizzes and exams, postings to online website and email communications. Live Interactive Mirrors traditional classroom methods of lectures, classroom exercises and discussions. Requires sstudent participation during in-class discussions. All students will complete either a written final project and or an oral presentation. Presentations will be either in person or through technological mediated means during the scheduled final. Correspondence Delivery Same as face to face with the exception of the desired use of proctored exams and exclusion of participation in classroom activities. Students will be expected to complete assignments and activities equivalent to in-class assignments and activities. Written correspondence and a minimum of six opportunities for feedback will be utilized to maintain effective communication between instructor and student. VII. Methods of Delivery Check those delivery methods for which, this course has been separately approved by the Curriculum/Academic Standards Committee. Traditional Classroom Delivery Correspondence Delivery Interactive Television Delivery Online Delivery Traditional Classroom Instruction Leacture, discussion Online Delivery Participation in forum based discussions. Online exercises/assignments contained on website. Web based video vignettes with discussion paper, email communications, postings to forums, online lecture notes and web links will compromise the method of instruction. Live Interactive Mirrors traditional classroom methods of lectures, classroom exercises, and discussions. Requires student participation during in-class dicussions. All students will complete either a written final project and or oral presentation. Presentations will be either inperson or through technological mediated means during the scheduled final. Correspondence Delivery Assigned readings, instructor-generated typed handouts, typed lecture materials, exercises and assignments equal to face to face instructional delivery. Written correspondence and a minimum of six opportunities for feedback will be utilized to maintain effective communication between instructor and student. BUS-­‐22 Business Law Page 4 VIII. Representative Texts and Supplies Ashcroft and Ashcroft, “Law for Business”, Cengage Learning, 17th edition (2011), ISBN-10: 0324786530 IX. Discipline/s Assignment Business, Administration of Justice, Law X. Course Status Current Status: Active Original Approval Date: 5/15/1990 Revised By: Garrett Taylor Curriculum/Academic Standards Committee Revision Date: 12/03/2013 BUS-­‐22 Business Law Page 5