BLAW 263   Business Law II* (3 Hours)

Prerequisites : BLAW 261 with a grade of “C” or higher or BUS 261 with a grade of “C” or higher or Department approval.

A continuation of Business Law I, this course teaches students the principles of sales contracts, secured transactions, business entities, corporate law, and administrative law. Upon successful completion of this course, students should be able to identify potential legal problems in their businesses and recognize when to engage the services of an attorney. Article 2 of the Uniform Commercial Code will be applied to contracts. Concepts of product liability, estates and trusts, and insurance law will be introduced. The principles of secured transactions, bankruptcy, and commercial paper will be covered. The formation, operation, and dissolution of the different business forms will be taught. Professional responsibility, shareholders’ rights, consumer protection, administrative law, employment law, and environmental law will be covered.