2022-2023 College Catalog 
    
    Dec 10, 2022  
2022-2023 College Catalog
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BUS 2203 - Business Law**

3 Credits
This course is an introduction to the American legal system as it applies to the environment in which businesses operate. Focus is on the basic principles of contracts, negotiable instruments, real and personal property sales, secured property, insurance, bankruptcy, wills, trusts, and probate estates.

Course Level Objectives
Upon successful completion of this course, the student will be able to:

1. Interpret the basic legal principles and the role of government regulation in business. (GEO 2)
2. Explain the American court system. (GEO 1,3 )
3. Describe business torts and crimes. (GEO 1, 3)
4. Compare the types of contracts. (GEO 2, 3)
5. Differentiate personal property and real property. (GEO 3)
6. Interpret the different types of sales and negotiable instruments associated with sales. (GEO 1, 3)
7. Describe agency - the creation, operation, and termination of an agency. (GEO 1, 3)
8. Interpret the basic laws of employment law. (GEO 2, 3)
9. Differentiate the types of business organizations. (GEO 3)
10. Explain insurance and compare the types of insurance. (GEO 1, 3)
11. Summarize bankruptcy procedures. (GEO 1,3)
12. Describe wills, inheritances, and trusts. (GEO 1,3)
13. Relate ethical behavior in the business community. (GEO 4)

ACTS Equivalent Course Number: BLAW 2003



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