Course Description
Debtor-creditor relations, commercial paper, contracts, securities, agency, partnership, joint ventures, corporations, professional and legal responsibility, sales, secured transactions, bankruptcy.
Additional Requirements for Graduate Students:
Graduate students will be required to present to the class extra projects on selected topics, with accompanying detailed written papers.
Athena Title
Business Law
Equivalent Courses
Not open to students with credit in LEGL 4400E
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 & Terminology Agreement Consideration Capacity & Legality Genuineness of Assent The Statute of Frauds Third Party Rights Performance & Discharge Breach of Contract & Remedies The Formation of Sales & Lease Contracts Title, Risk, & Insurable Interest Performance of Sales & Lease Contracts Remedies for Breach of Sales & Lease Contracts Sale & Lease Warranties The Function & Creation of Negotiable Instruments Transferability & Holder In Due Course Liability, Defenses & Discharge Checks & Electronic Fund Transfers
Syllabus