- Type Validation
- Level Intermediate
- Time Months
- Cost Paid
Business Law Fundamentals
Issued by
Northeastern State University
Introduction to law and legal principles including study of the legal environment of business in a system subject to social and political influences. Topics include the impact of ethics, the legal system, administrative agencies in business and the law of contracts. Badge earners must complete the following course: BLAW 3003 - Business Law I
- Type Validation
- Level Intermediate
- Time Months
- Cost Paid
Skills
Earning Criteria
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Instructional strategies include: audio visual materials, discussion, computer-based training, practical exercises, lectures.
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SLO 1. Explain why we have laws and identify and describe sources of law (e.g. Case law, Common law/Judge law, Statutory Law, Administrative Law).
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SLO 2. Describe how the U.S. Court systems work – comparing federal, state and local systems, including jurisdiction, venue and standing to sue.
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SLO 3. Describe Court and trial procedures – stages in a typical lawsuit.
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SLO 4. Describe constitutional protections available to business organizations.
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SLO 5. Compare and contrast law and ethics and explain different ways ethical decisions are made.
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SLO 6. Describe types of torts and remedies available in tort law.
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SLO 7. Explain differences between criminal and tort law and liability.
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SLO 8. Describe different types of crimes and corporate criminal liability.
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SLO 9. Explain the nature and importance of a contract.
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SLO 10. Describe the elements required for a valid contract.
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SLO 11. Describe situations in which contracts may be avoided (e.g. minors, incompetents, duress).
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SLO 12. Identify situations in which third parties may have contractual rights and duties.
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SLO 13. Explain the effects of a breach of a contract and remedies available for a breach of contract.
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SLO 14. Describe the different types of business organizations and the methods of organization.