Santa Monica College
Course Outline For
ACCOUNTING 26, Advanced Business Law
(same as BUSINESS 6 )
Course Title: Advanced Business Law
Total Instructional Hours (usually 18 per unit): 54
Hours per week (full semester equivalent) in
3.00
Lecture:
Date Submitted:
Date Updated:
Transferability:
IGETC Area:
CSU GE Area:
SMC GE Area:
Degree Applicability:
Prerequisite(s):
Pre/Corequisite(s):
Corequisite(s):
Skills Advisory(s):
I.
II.
III.
Units: 3.00
In-Class Lab: 0
Arranged:
May 2011
June 2011
Transfers to UC (pending review)
BUS 5
None
None
None
Catalog Description
This course covers advanced topics in agency, partnerships, corporations, LLCs, torts,
legal procedures and other advanced topics.
Examples of Appropriate Text or Other Required Reading: (include all publication
dates; for transferable courses at least one text should have been published within the
last five years)
1. Business Law and the Regulatory Environment, 13th, Metger, Mallor, Barnes,
Irwin/McGraw-Hill © 2006
Course Objectives
Upon completion of this course, the student will be able to:
1. Compare and contrast the advantages and disadvantages of doing business as a
partnership, a corporation and a limited liability corporation.
2. Delineate issues related to agency law.
3. Detail how legal procedures can be used to remedy problems related to
partnerships (limited and general), corporations, LLCs and administrative
agencies.
4. Articulate the legal process for forming, operating, and dissolving partnerships,
corporations and LLCs.
5. Compare and contrast limited and general partnerships.
6. Delineate management?s and owners? legal responsibilities and liability for the
various types of businesses.
7. Research and report on business cases and evaluate legal judgments by
determining relevant issues and by incorporating legislation and prior case law.
8. Break down and apply the laws that regulate business.
IV.
V.
Methods of Presentation:
Lecture and Discussion , Other (Specify) , Discussion , Distance Education
Other Methods: Case studies, videos, slideshows
Course Content
% of
course
VI.
Topic
15%
Agency law
20%
Third-party relations of the principal and the agent
20%
Partnerships
20%
Corporations and LLCS
25%
Regulation of business
100%
Total
Methods of Evaluation: (Actual point distribution will vary from instructor to
instructor but approximate values are shown.)
Percentage Evaluation Method
20 %
Exams/Tests
5%
Class Participation
20 %
Midterm exams
30 %
Final exam
25 %
Other - Case Studies
100 %
Total
Additional Assessment Information:
90 – 100% = A
80 – 89% = B
70 – 79% = C
60 – 69% = D
50 – 59% = F
VII.
Sample Assignments:
-
VIII.
Student Learning Outcomes
1. Given a case study related to agency, partnership and corporate law, the
student will research regulations and prior case law and will apply them by
analyzing and prescribing appropriate remedies.
2. Compare and contrast the legal issues related to the formation, operation and
dissolution of partnerships, corporations and limited liability corporations.
3. Demonstrate a level of engagement in the subject matter that reveals their
understanding of the value of the course content beyond the task itself,
specifically as it relates to linking the relevance of course content to careers in
business and accounting and their personal lives.