Content Outline and Competencies:

I. Introduction to the American Legal System

A. Explain the sources and the functions of law in the United States.

B. Explain the court system and alternative dispute resolution.

C. Describe court procedures in civil matters.

D. Identify constitutional authority to regulate business.

II. Business Ethics and Corporate Social Responsibility

A. Apply business ethics in an employment context.

B. Identify real world examples of corporate social responsibility.

III. Criminal Law and Tort Law

A. Describe criminal law and criminal procedures.

B. Define white collar crimes.

C. Identify constitutional rights that apply to criminal defendants.

D. Distinguish between criminal and civil wrongs.

E. Classify intentional, negligent and strict liability torts.

F. Apply the elements of various torts to factual scenarios.

IV. Intellectual Property Law

A. Define intellectual property.

B. Distinguish patent, copyright and trademark rights.

C. Explain the importance of intellectual property rights to businesses.

V. Contract Law

A. Classify different forms of contracts.

B. Identify the elements of contracts.

C. Define consideration and recognize its forms and significance in validity of contracts.

D. Identify doctrines that destroy the genuineness of consent to contracts.

E. Describe the role of capacity in the validity of contracts.

F. Describe the different types of illegal contracts.

G. Define the statute of frauds and the types of contracts to which it applies.

H. Distinguish between assignments of rights and delegation of duties under a contract.

I. Identify the rights of third-party beneficiaries under a contract.

J. Explain the performance obligation of a common law contract.

K. Summarize the remedies for breach of a common law contract.

VI. Sales Contracts

A. Identify contracts governed by common law versus contracts governed by the Uniform Commercial Code (UCC) Article 2.

B. Contrast formation of a contract under the common law versus the UCC Article 2.

C. Identify the different laws that apply to products liability.

D. Distinguish between shipping and delivery sales contracts.

E. Differentiate between title, possession, risk of loss and insurable interest.

F. Identify the types and elements of express and implied warranties.

G. Explain the performance obligation of a sales contract.

H. Summarize the remedies for breach of a sales contract.

VII. Agency Law

A. Explain how agency is created.

B. Define agency types.

C. Summarize respective duties of agents and principal.

D. Describe circumstances when agency is terminated.

Content Outline and Competencies:

I. Property Law

A. Classify the different forms of property.

B. Describe the different methods of acquiring property.

C. Summarize the different forms of bailments.

D. Differentiate the different types of interest in real property.

E. Describe methods of transferring property.

F. Summarize the rights and duties of the landlord and the tenant.

G. Explain the process of making a valid will.

H. Explain the process of intestate succession.

I. Summarize the different forms of trusts and process of establishing a trust.

J. Explain the duties of a trustee.

K. Summarize the nature and benefits of insurance contracts for businesses.

II. Secured Transactions

A. Apply the principles of the Uniform Commercial Code (UCC) to secured transactions.

B. Differentiate between security agreements, attachment and perfection.

C. Identify the kinds of property that can be used as collateral in a secured transaction.

D. Demonstrate the priority rules that apply to the rights of creditors.

E. Describe the different methods of perfecting a security interest.

F. Describe the process of foreclosure.

G. Explain the purpose of the bankruptcy law.

H. Distinguish between the different forms of bankruptcy.

III. Negotiable Instruments

A. Describe the basic concept of the law of negotiable instruments.

B. Define holder in due course.

C. Distinguish between checks, drafts, promissory notes and certificates of deposit.

D. Describe the rights of the parties to the negotiable instruments.

IV. Unincorporated Business Organizations

A. Identify the advantages and disadvantages of each type of business organization.

B. Outline the steps involved in formation, operation, dissolution, termination and winding up of the different forms of business organizations.

C. Determine which type of business organization would be most appropriate to form in various situations.

V. Corporations

A. Outline the steps involved in formation, operation, dissolution, termination and winding up of corporations.

B. Classify the different forms of corporations.

C. Outline the financial structure of the corporations.

D. Explain the duties of officers and directors of a corporation.

E. Describe the rights and duties of the shareholders of a corporation.

F. Identify the legal and professional responsibilities of auditors, consultants and securities professionals.

VI. Federal, State and Local Business Regulations

A. Explain the sources, types and limits of administrative law.

B. Describe consumer protection laws.

C. Summarize the legal concepts that govern the employer-employee relationship.

D. Summarize the regulatory system for protection and maintenance of the environment.