MG 261 Business Law II
S2T 2006 DLE
Undergraduate Degree: Management (2000)Graduate Degree: Master of Business Administration (2004)
13 Mar 06 to 07 May 06
MG 260 Business Law I
Textbook: Required Text: Business Law: The Ethical, Global, and E-Commerce Environment. 12th edition.
Author: Mallor, Barnes, Bowers, and Langvardt
ISBN: 0072562005 or 0072860952
Textbooks can be purchased though the MBS bookstore
Textbooks can be purchased though the Parkville Bookstore
Course Description: A continuation of the study of contracts, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspects of selected issues. Prerequisite: MG260 3:0:3
Educational Philosophy: As a Park University online instructor it is my goal to uphold the educational practices outlined in the Park University School of Online Learning Principles/Standards instructional manual and enhance the instructional strategies presented in the online classroom.
Learning Outcomes: Core Learning Outcomes
Class Assessment: Assignments % of Grade Week Due
Class Participation 15% Continually
Case Studies 10% Continually
Mid-Term Examination 25% Week 4
Paper 25% Week 6
Proctored Final Examination 25% Week 8
Grading: Course Grading Scale
A = 90- 100% (or 270 points or higher)
B = 80-89% (or 240 to 269 points)
C = 70-79% (or 210 to 239 points)
D = 60-69% (or 180 to 209 points)
F = < 60% (177 or fewer points)
Total possible points: 300
Assignments % of Grade Total pts possible
Class Participation 15% 45
Case Studies 10% 30
Mid-Term Examination 25% 75
Paper 25% 75
Proctored Final Examination 25% 75
Total possible points: 300
Late Submission of Course Materials: Submission of Late Work: When an assignment is due at 12:00, 12:01 is late. Generally, late work will receive a 70 for the first day, 50 for the second day late, and 0 after that. Extensions are available for very extenuating circumstances (If you are hospitalized or are deploying to Iraq and will not be near a computer for the entire week). Please see the grading rubrics for assignment-specific late policies.
Classroom Rules of Conduct: In order to facilitate student to student and student to instructor interaction, it is imperative that we maintain an academic environment conducive to learning. With this in mind, during open discussions please be respectful to others when providing feedback and constructive criticism.
Course Topic/Dates/Assignments: Week 1: Agency Law
Readings: Study chapters 35, 36, and "Reading and Briefing Cases" on pages 18-19.
Class Activities: Introduction to online computer conference learning. Introduction & discussion of syllabus/assignment schedule. We will discuss agency law, the duties an agent owes to a principal, the duties a principal owes to an agent, and express, implied, and apparent authority as they relate to third parties and principal liability for an agent's actions. We will also discuss how to brief case law.
Locate a Proctor for your Proctored Final Examination. Each student will take the Proctored Final Examination from an approved proctor who will send the exam back to the instructor via e-mail or fax. See above "Grading Policy" for more information about the proctored final examination.
Week 2: Introduction to the Forms of Business
Readings: Study Chapters 37, 38, and 41.
Class Activities:We will discuss the forms of business, the formation of a partnership, the duties of a partner to a partnership and to the other partners, and the formation of a corporation.
Locate a Proctor for your Proctored Final Examination.
Paper Topic Due (posted in class) by the end of Week 2.
Week 3: The Management of Corporations
Readings: Study Chapters 42-44.
Class Activities: We will discuss the organization and financial structure of corporations, the management of corporations including the duties of the board of directors and the officers, and the rights and liabilities of shareholders.
Week 4: Secured Transactions and Bankruptcy
Readings: Study Chapters 28-30.
Class Activities: We will discuss the difference between secured and unsecured transactions, the relationship between secured transactions and bankruptcy, and the types of bankruptcies.
Mid-Term Exam: The Mid-Term exam will be this week. See the Grading Rubric for more information.
Week 5: Employment Law and Environmental Law
Readings: Study Chapters 51 and 52.
Class Activities: We will discuss employment law and environmental law including the responsibilities of business owners to follow the various laws and consequences if the laws are not observed.
Week 6: Negotiable Instruments
Readings: Chapters 31, 32 (pages 719-726), and 33.
Class Activities: We will discuss negotiable instruments, the types of indorsements, and the liabilities of parties.
Paper Due (in the dropbox as an attachment) by the end of Week 6. See the Grading Rubric under Grading Policy for specifics.
Week 7: Consumer Protection Law and and the Legal and Professional Responsibilities of Auditors, Consultants, and Securities Professionals
Readings: Chapters 46 and 48.
Class Activities: We will discuss the consumer protection acts and the legal and professional responsibilities of auditors, consultants, and securities professionals.
Week 8: Review and Proctored Final Examination
Readings: Study already assigned chapters. Review lectures.
Class Activities: We will review agency law, the forms of business, the formation of a partnership, the duties of a partner, the formation of a corporation, the organization and financial structure of corporations, the management of corporations, the rights and liabilities of shareholders, secured transactions, bankruptcy, employment law, environmental law, negotiable instruments, the consumer protection laws, and the legal and professional responsibilities of auditors, consultants, and securities professionals.
Proctored Final Examination: Each student will take the Proctored Final Examination by Friday of Week 8 from an approved proctor who will send the exam back to the instructor via e-mail or fax. Remember that photo identification is required for a proctored examination.
Academic Honesty:Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University 2005-2006 Undergraduate Catalog Page 85-87
Plagiarism:Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2005-2006 Undergraduate Catalog Page 85-87
Attendance Policy:Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.
Park University 2005-2006 Undergraduate Catalog Page 89
Disability Guidelines:Park University is committed to meeting the needs of all students that 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 Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Park University is committed to meeting the needs of all learners that meet the criteria for special assistance. These guidelines are designed to supply directions to learners 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 American with Disabilities Act of 1990, regarding learners 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 can be found on the Park University web page: http://www.park.edu/disability .