MG260 Business Law I

for S2DD 2005

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MG 260
Term IV, Spring 2005 Bill Rickrich, Adjunct Senior Professor
Telephone numbers work 1-740-670-5425 home 1-740-366-6175
Email address:
21 MAR 05 – 15 MAY 05
First weekend, April 8, 9, 10. Second weekend, April 29, 30, and May 1. Times: Fridays, 5:00 PM - 10:00 PM; Saturdays and Sundays, 8:00 AM - 5:30 PM.
DSCC, Columbus, Ohio
Prerequisites: None
Credit hours: 3


The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Park University will be a renewed international leader in providing innovative educational opportunities for learners within the global society.

Introduction to the law; contracts; agency; employment; negotiable instruments; comparison of social responsibility; and legal aspects of selected issues.
The instructor’s educational philosophy is one of interactiveness based on readings, lecture, dialogue, case-studies and examinations.



* To give students an understanding of the structure and scope of the American Legal System.

* To examine the elements and formation of contracts.

* To understand contractual rights, enforcement and remedies.

* To gain understanding of agency law and its relationship to third parties.

* To gain an understanding of tort law, strict liability and product liability issues.

The student will be able to describe the structure of the federal as well as state legal systems. The primary emphasis of the course will be on the interrelationship between the business world and the legal system. This course will also emphasize basic contract law and the wide role played by the law of agency. This course will also include discussions of tort and strict liability law and the constitutional bases for business regulation. This course is intended to embody the critical, civic and value literacies in the curriculum. A student with critical literacy will be able to gather, evaluate and communicate information effectively and to recognize varieties of problem solving strategies. A student with civic literacy will be able to see the complexity of social, political and economic systems and problems on a national scale and will be able to develop ways that would contribute to the solution of such problems through effective citizenship participation. A student with value literacy will be sensitive to value questions and will possess tools for analyzing value questions and testing these questions and the answers generated throughout his or her life.


Clarkson, Kenneth, et al., West’s Business Law, ninth edition, West Legal Studies in Business, 2004.

Additional material will be handed out in class by the instructor as required.

Students will make use of periodicals available in local, off-base libraries in order to find and read articles pertaining to current topics on the areas of the law covered in this course. Among the best sources of such material are The Wall Street Journal, Time, Newsweek, US News and World Report, and local newspapers. Relevant articles will be discussed in class on a regular basis. Students will also be encouraged to utilize the Internet to locate additional information and articles of interest.


Academic honesty is required of all members of a learning community. Hence, Park will not tolerate cheating or plagiarism on tests, examinations, papers or other course assignments. Students who engage in such dishonesty may be given failing grades or expelled from Park.


Plagiarism – the appropriation or imitation of the language or ideas of another person and presenting them as one’s original work – sometimes occurs through carelessness or ignorance. Students who are uncertain about proper documentation of sources should consult their instructors.


Instructors are required to keep attendance records and report absences. The Instructor may excuse absences for cogent reasons, but missed work must be made up within the term of enrollment. Work missed through unexcused absences must also be made up within the term of enrollment, but unexcused absences may carry further penalties. In the event of two consecutive weeks of unexcused absences in a term of enrollment, the student will be administratively withdrawn, resulting in a grade of “F.” An “Incomplete” will not be issued to a student who has unexcused or excessive absences recorded for a course. Students receiving Military Tuition Assistance (TA) or Veterans Administration (VA) educational benefits must not exceed three unexcused absences in the term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student. Reports of “F” grade (attendance or academic) resulting from excessive absences for students receiving financial assistance from agencies not mentioned above will be reported to the appropriate agency.


Assignments not submitted on the due date will receive a reduced grade unless prior acceptable arrangements are made by the student with the instructor.


Class participation is expected and will form a portion of the final grade. Students are expected to attend all classes and be on time for class. Roll will be checked at each class meeting. Students are expected to make up missed work. Students are expected to be prepared for classes and for examinations.


Park University is committed to meeting the needs of all students who meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University’s policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disability Act of 1990, regarding students with disabilities and, to the extent of any inconsistency between these guidelines and federal and /or state law, the provisions of the law will apply. Additional information concerning Park University’s policies and procedures related to disability may be found on the Park University web page:


First Weekend *Introduction to Law and Legal Reasoning *Courts and Alternative Dispute Resolution
*Court Procedures
*Constitutional Authority to Regulate Business

*Strict Liability and Product Liability
*Agency Formation and Duties

*Liability to Third Parties and Termination
*Chapters 1,2,3,4,5,6,31 and 32
Second Weekend *Contracts, Nature and Terminology


*Capacity and Legality
*Genuineness of Assent
*The Statute of Frauds
*Third Party Rights

*Performance and Discharge
*Breach of Contract and Remedies
*Chapters 9,10,11,12,13,14,15,16, and 17


Midterm Examination (Students will prepare answers between first weekend and second weekend.)

Essay 15%
Test 30%
Multiple Choice/True-False

Final Examination (Students will prepare answers between second weekend and May 11, 2005.)

Essay 15%
Test 30%
Multiple Choice/True-False

Class Participation and Attendance 10%


90 – 100 A

80 - 89 B

70 – 79 C

60 – 69 D

Below 60 F


Park University reserves that right to withdraw a student from a class(es) if the student does not meet his/her financial obligations or fails to attend class. Any student failing to attend a class(es) for two consecutive weeks without approved excuses will be administratively withdrawn and notified by mail that a grade of “F” will be recorded. Excused absences may be granted by the instructor for medical reasons, school-sponsored activities and employment-related demands including temporary duty assignments. There are two types of withdrawals, official and administrative. An official withdrawal begins when a student initiates the withdrawal process. Refunds are based on this date. If a student fails to initiate the withdrawal process and is withdrawn for nonattendance, this is an administrative withdrawal. In this case, refunds will be based on the two (2) week policy. Students enrolled in an accelerated 8 or 9-week program must initiate their withdrawal with the appropriate site administrator. Students continuing enrollment but wishing to withdraw from an individual class must do so at their home site. Withdrawals by telephone will not be accepted.