MG260 Business Law I

for FA 2006

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Mission Statement: 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.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.


MG 260 Business Law I


FA 2006 HO


Miratsky, Matthew J.


Adjuct Instructor


BA History Doane College
JD Creighton University School of Law

Daytime Phone


Other Phone



Semester Dates

8-21 to 12-15

Class Days


Class Time

7:20 - 8:35 AM

Credit Hours



Required:  Richard A. Mann & Barry S. Roberts, BUSINESS LAW AND THE REGULATION OF BUSINESS.  8th edition.  ISBN# 0-324-27074-7.

Recommended:  STUDY GUIDE for aforementioned text.  (Prepared by Richard Taylor): Richard A. Mann & Barry S. Rodgers.  8th edition.  ISBN# 0-324-27075-5.

Textbooks can be purchased though the Parkville Bookstore

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information

Course Description:
Introduction to the law: contracts, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspects of selected issues. 3:0:3

Learning Outcomes:
  Core Learning Outcomes

  1. Describe the historical development and content of statutory and common law.
  2. Demonstrate the ability to brief a case.
  3. Explain the law of contracts.
  4. Define the most common forms of bankruptcy.
  5. Describe the legal construction of partnerships and corporations.
  6. Define the relationship between social responsibility and the law.

Core Assessment:
There is a final exam consisting of 13 True or False questions, 25 Multiple Choice questions and four short answer essay questions.


Course grades will consist of the following:

(1) Attendance / Class Participation / Assignments: 10%.  (100 points).

(2) 3 Exams – 25% each.  250 points each exam.

(3) Core Assesment - 20%, comprehensive final.  This is not a take-home test and is closed book and notes.  Use of electronic devises during the exam is prohibited, absent instructor approval.  200 points.

A: 90% and up.  900 points and above.

B: 80-89%.  800 - 899 points.

C: 70% to 79%.  700 to 799 points.

D: 60% to 69%.  600 to 699 points.

F: Less than 60%.  Below 600 points.

Course Topic/Dates/Assignments:

Aug 22 Class Overview ---

Aug 24 Part I – Introduction to Law & Ethics 1,2

Aug 29-31 Part II – Legal Environment of Business 3,4,5,6

Sept 5-7 Part II – Legal Environment of Business (cont'd) 7,8

Sept 12 Exam over Part II 3-8

Sept 14 Part III – Contracts 9

Sept 19-21 Part III – Contracts (cont'd) 10,11

Sept 26-28 Part III – Contracts (cont'd) 12,13

Oct 3-5 Part III – Contracts (cont'd) 14,15

Oct 10-12 Part III – Contracts (cont'd) 16,17

Oct 17-19 FALL BREAK

Oct 24-26 Part III – Contracts (cont'd) 18

Oct 31 Exam over Part III 9-18

Nov 2 Part IV – Sales 19,20

Nov 7-9 Part IV – Sales (cont'd) 21,22

Nov 14 Part IV – Sales (cont'd) 23

Nov 16 Part V – Negotiable Instruments 24

Nov 21 Part V – Negotiable Instruments (cont'd) 25


Nov 28-30 Part V – Negotiable Instruments (cont'd) 26,27,28

Dec 5 Exam over Parts IV, V

Dec 7 Core Assessment Review

Dec 11 on Finals Week

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 2006-2007 Undergraduate Catalog Page 87-89

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 2006-2007 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "W".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2006-2007 Undergraduate Catalog Page 89-90

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. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: .


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Last Updated:8/22/2006 10:52:25 AM