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LGST. 2620: Introduction to Business Law

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Introduction to Business Law

This course introduces students to the fundamentals of business law. The main emphasis is on key aspects of contract law, including:

  • agreement
  • consideration
  • writings
  • third-party rights
  • illegality
  • performance,
  • breach
  • defenses
  • remedies.

The course also covers agency law, employment law, sections of the Uniform Commercial Code, and a variety of other legal issues and topics that influence and intersect with modern business practices.

  • Distinguish the differences between criminal and civil law with regard to the plaintiff, the degree of evidence, the verdict outcome and the punishment outcome. 
  • Identify the requirements and types of contracts, the necessary elements, the performance outcomes, breach and remedies. 
  • Understand the rules of agency, types of agency relationships and duties and liabilities of the principal and agent. 
  • Identify the major types of business organizations. The formation of business organizations including rights and liabilities will be identified. The dissolution of the business organizations will also be discussed.