Legal Aspects of Business II

Course Description

A sequential course to LAW 304. A survey of business organizations (partnerships, corporations, government regulations), property (real property and leasing, estates, community property), business torts, business crimes and associated topics. Emphasizes prevention of litigation and liability arising from business operations.

Learning Outcomes

• Identify the nature of the debtor/creditor relationship.
• Distinguish between types of negotiable commercial paper, legal issues regarding their transfer, and the associated rights and liabilities of relevant parties.
• Recognize legal issues arising from secured transactions.
• Recognize the different forms of business organizations.
• Describe the legal ramifications of bankruptcy filings.
• Explain the nature of wills and trusts.
• Recognize the legal issues arising from real property transactions.
• Recognize business situations that require legal counsel.
• Write analyses of legal issues that may arise in the business environment.
• Establish business practices that comply with relevant laws, in an effort to maintain ethical business practices.
• Identify technological resources available to the business practitioner to aid in the analysis of legal issues arising in the business environment.
• Describe the need for awareness of and sensitivity to differences in business law in the international business environment.
• Establish business practices that comply with relevant laws in an effort to maintain ethical business practices.

Prerequisites

• LAW304