| Course ID: | LEGL 4400E. 3 hours. |
| Course Title: | Business Law |
Course
Description: | Debtor-creditor relations, commercial paper, contracts,
securities, agency, partnership, joint ventures, corporations,
professional and legal responsibility, sales, secured
transactions, bankruptcy. |
| Oasis Title: | Business Law |
| Duplicate Credit: | Not open to students with credit in LEGL 4400 or LEGL 6400 |
| Nontraditional Format: | This course will be taught 95% or more online. |
| Prerequisite: | LEGL 2700 or LEGL 2700E or LEGL 2800H |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | Enable future businesspersons to recognize legal issues and
manage legal risks in business decision making in the general
areas of contract law and negotiable instruments law by
providing them with fundamental knowledge of relevant
legal principles. |
| Topical Outline: | Introduction to Business Law
Nature and Terminology
Agreement
Consideration
Capacity and Legality
Genuineness of Assent
The Statute of Frauds
Third Party Rights
Performance and Discharge
Breach of Contract and Remedies
The Formation of Sales and Lease Contracts
Title, Risk, and Insurable Interest
Performance of Sales and Lease Contracts
Remedies for Breach of Sales and Lease Contracts
Sale and Lease Warranties
The Function and Creation of Negotiable Instruments
Transferability and Holder In Due Course
Liability, Defenses, and Discharge |