College of Business Administration Course Syllabus Course Name: Business Law Course Pre-requisites: None Instructor’s Name: Gıyas Gőkkent Telephone: 755 Class Location: AD-M202 Office Location: S17 Course Number: MGT201 Credit hours: 3 E-mail:giyas.gokkent@adu.ae Class Time: 15:30-16:45 UT Office Hours: 11:00-12:15UT Course Description The course initially covers the organization and financing of a company. The second half of the course examines a broad array of law-sensitive issues relating to intellectual property, product development, M&A transactions, international trade, the duties of directors and officers, business disputes, and bankruptcy and reorganization. Companies and managers regularly confront law-sensitive issues that are crucial to the company's future and the manager's career. Experienced managers bring to these situations an awareness of how law structures opportunities and risks, and enough understanding of law to make good use of professional advice. The goal of the course is not to impart technical legal skills, but to enhance the judgment which students will bring to their responsibilities as entrepreneurs, managers in established companies, or consultants and advisors. Course Content 1. Overview This is a broad-gauged course. We discuss the basic framework of business law, and then follow a new firm from the "breakaway" from an established company through organizing and financing the new venture. We later consider going public, selling the company, and bankruptcy. Along the way, we examine a wide range of law-sensitive issues including intellectual property, employment law, business disputes, mergers and acquisitions, international trade, contracts, products liability, and white-collar crime. The course will use a textbook, lectures and discussions. Student evaluation will be based on homework assignments, periodic tests, and a comprehensive final exam. 2. Learning Objectives (Objectives): The learning objectives of this course are specifically: 1 1. Understand the legal duties firms may face 2. Explain the basic principles of contracts 3. Describe employment law 4. Explain forms of doing business 6. Explain patent law 7. Examine current issues in corporate governance 8. Explore bankruptcy legislation 9. Outline of antitrust law 3. Weekly Outline Week 1 2 3 4 5 6 7 8 9 10 11-13 14 15 Topic Basic Framework of Business Law Legal Duties Contracts I Contracts II Leaving A Company Forms of Doing Business Setting Up A New Firm Patent Law Employment Going Public Current Issues In Corporate Governance Letters of Credit Intellectual Property Readings Refer below Refer below Refer below Refer below Refer below Refer below Refer below Refer below Refer below Refer below Refer below Refer below Refer below 4. Pedagogy- Learning Process Classroom activities are organized and evaluated under the lecturer’s leadership. Many activities are interactive and collaborative. 1. Detailed examples will be used. 2. Guided exercises will follow the examples. Each exercise gives the student a chance to work with a new concept. 3. End of chapter problems will be used as homework to cover each topic introduced in the chapter. The homework gives the student a chance to master the topic. Educational Resources 1. Textbook 2. Readings: Tort Law Basics: Legal Duties Kozup v. Georgetown University (liability of hospital for HIV-tainted blood infusion) Articles on Firestone tires 2 In re Union Carbide (early procedural maneuvering in litigation on Bhopal disaster) Basics: Contracts Tarbert Trading v. Cometals (public policy) Filanto v. Chilwich (dispute over inclusion of term) Transatlantic Financing Corp. v. US (allocating risk) Delchi Career v. Rotorex (damages) Leaving a Company Jet Spray Cooler v. Gifford K. Crampton Chomerics, Inc. v. John Ehrreich Forms of Doing Business Legal Forms of Doing Business Introduction to U.S. Patent Law State Street Bank v. Signature Financial Current Issues in Corporate Governance Article on Sarbanes-Oxley Act Enron Tyco Going International I: Letters of Credit Courtlaulds North America v. North Carolina National Bank Sztejn v. J. Henry Schroder Banking Corp. American Bell International v. Islamic Republic of Iran Antitrust Law Student Assessment 1. Expected Learning Outcomes and Associated Test a. Homework is given to check if the concepts introduced in each chapter are understood. b. Each week some students will be selected to be `on deck`. This means that they have to have read all relevant reading material for the week and are ready to answer questions during class. c. Finally quizzes and exams are used to check the student’s understanding of the course. Students may NOT bring any material for the quizzes, but may bring brief notes of their (not fellow students`) writing for the midterm and final exams. Handouts and other printed material may NOT be brought into examinations. 2. Student Test Elements 3 a. Assignments - Assignment 1 - Assignment 2 - Assignment 3 b. Exams - Quizzes - Mid Exam - Final Exam 3. Evaluation a) Participation, attendance, activities 5 points b) Assignments 10 points c) Quizzes 15 points d) Mid Exam 20 points d) Final Exam 50 points Total 100 points NB: the instructor may change the number of points for items a), b), and c) as long as the total is 30 points. 4. Grading Key Grade A B+ B C+ C D+ D F I Percentage 90-100 85-89 80-84 75-79 70-74 65-69 60-64 Less than 60 Description Excellent Very good Good Very Satisfactory Satisfactory Pass + Pass F Incomplete Grade Point 4 3.5 3 2.5 2 1.5 1 0.0 0.0 Attendance 1. Absences during ADD/DROP week count. 2. Make up: i. Quiz: none. ii. Late submissions: score reduced. iii. Midterm and Final Exam: different from and harder than original. 3. Excused Absences: There are no excused absences. All absences are recorded as part of the Attendance Policy. Hence, you are encouraged to “save up” your absences for “unavoidable circumstances”. 4. Tardiness: students are considered tardy if they are not present before the classroom door is closed both at the beginning of the class and following the break. Tardiness is counted as ½ absence. Students are requested not to interrupt class proceedings by trying to enter once the class has begun (as indicated by the “closed door”). Academic Integrity 4 1. The instructor adheres to all ADU policies regarding academic integrity as stated in the ADU Student Handbook. Students are responsible for internalizing all information regarding ADU academic integrity policies. Full text and explanation of these policies can be found in the ADU student Handbook. 2. Unless specifically expressed by the instructor, collaboration between students in this course, between students in previous courses, external assistance in any form or presenting resources/research without proper citation which has been developed by another individual or organization is strictly prohibited. All work must be the result of your own efforts. 3. Students who are suspected of plagiarism or other violations of academic integrity codes will open investigation. Those found guilty are subject to disciplinary action. Repeated offense will result in permanent expulsion from the University. Miscellaneous 1. Mobile phones: A student whose mobile phone rings during class will be asked to leave the classroom and will receive ½ absence. Should this happen during an exam, the student will not be allowed to retake the exam at another time, while at the same time receiving a full absence. 2. Eating/Drinking/Smoking: students are requested to refrain from engaging in these activities while in class. 5