PRDV205: Business Law and Legal Procedures

Course Syllabus for "PRDV205: Business Law and Legal Procedures "

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When most people think about business, the relationship between business and the law may not be the first consideration that comes to mind.  Bus the law has a major impact on the operation of a successful business.  For example, businesses face a range of government legal regulations, from laws preventing employment discrimination to rules requiring efforts to protect the environment.  In addition, businesses must make important legal decisions from their founding, such as which organizational form they will take, how they will conduct their daily operations (such as making contracts and protecting consumers), and how their potential liquidation will be handled.  Both business administrators and business-law paralegals must familiarize themselves with the range of laws surrounding business as well as the range of operational practices that businesses must implement in order to address the legal challenges of running a company. This course will introduce you to the legal knowledge and skills that business administrators and paralegals must possess.  First, you will explore the basics of the American legal system and examine the specific areas of business practice that the law impacts and regulates - such as torts, contracts, and criminal action.  Then, you will practice important skills related to these areas, such as learning how to draft basic legal documents, make registrations and other filings, and communicate legal and regulatory requirements to company executives and employees.  By the time you have completed this course, you will understand the key legal aspects of operating a business, as well as the foundational skills that certain employees must possess in order to address the legal and regulatory issues that are faced by today's businesses and companies.

Learning Outcomes

Upon successful completion of this course, you should be able to:

  • describe the interaction between the separation of powers and federalism within the US government;
  • describe how US law relates to business;
  • describe the US court system;
  • explain and describe the trial process;
  • identify major forms of alternative dispute resolution;
  • identify common business organizations;
  • complete a state filing for a business organization;
  • explain how a contract can be formed and breached;
  • draft a basic contract;
  • explain the operation of the Uniform Commercial Code (UCC) with regard to the sale of goods, negotiable instruments, and secured transactions;
  • complete a state Uniform Commercial Code filing;
  • identify and describe important laws governing the employment relationship;
  • identify real and personal property and distinguish between the two;
  • identify the major forms of intellectual property;
  • identify and describe the major categories of torts;
  • assess the impact of crime on business;
  • assess the impact of government regulation on business;
  • analyze basic compliance programs and apply program policies to real-world situations; and
  • critically review and explain ethical and regulatory compliance policy programs

Course Requirements

In order to take this course, you must:

√    have access to a computer;

√    have continuous broadband Internet access;

√    have the ability and permission to install plug-ins and/or software (e.g., Adobe Reader or Flash);

√    have the ability to download and save files and documents to a computer;

√    have the ability to open Microsoft Office files and documents (.doc, .ppt, .xls, etc.); and

√    have competency in the English language.

Course Information

Welcome to PRDV205: Business Law and Legal Procedures.  Below, please find general information on this course and its requirements.

Course Designer: Kevin Moquin

Primary Resources: This course makes primary use of the following openly licensed textbooks.  You may download the full versions of these textbooks in PDF form via the links provided below, or you may access the individual chapters as they are assigned and linked to within resource boxes throughout this course.

Reading: The Legal and Ethical Environment of Business

Link: The Legal and Ethical Environment of Business (PDF)

Terms of Use: This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Licensewithout attribution, as requested by the work’s original creator or licensee.

Reading:Corporate Governance

Link: Corporate Governance (PDF)

Terms of Use: This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution, as requested by the work’s original creator or licensee.

Reading:Foundations of Business Law and the Legal Environment

Link: Foundations of Business Law and the Legal Environment (PDF)

Terms of Use: This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution, as requested by the work’s original creator or licensee.

Requirements for Completion: In order to complete this course, you must work through each unit and complete all course readings and assignments.  In addition, you must complete any activities that are required within individual resource boxes.

Note that you will only recieve an official grade on your Final Exam.  However, in order to adequately prepare for this exam, you will need to complete all course assignments.

In order to pass this course, you will need to earn a 70% or higher on the Final Exam. Your score on the exam will be tabulated as soon as you complete it.  If you do not pass the exam, you may take it again.

Time Commitment: This course should take you approximately 30 hours to complete.  Each unit includes time advisories that list the amount of time you are expected to spend on each subunit.  These time advisories should help you plan your coursework accordingly.  You may want to use these time advisories to determine how much time you have over the next few weeks to complete each unit, and then set your unit- and course-completion goals accordingly.

Table of Contents: You can find the course's units at the links below.