MG261 Business Law II

for U1H 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 261 Business Law II


U1H 2006 BU


Schlicht, James O.


Senior Professor/Adjunct Faculty


B.A., University of Kentucky 1975
J.D., Duquesne University 1978

Office Location

43 Planters Circle, Ladys Island, SC 29907

Office Hours

By Appointment Only

Daytime Phone


Other Phone



Semester Dates

5 June - 30 July 2006

Class Days


Class Time

7:35 - 10:05 PM


MG 260

Credit Hours


West's Business Law (Tenth Edition) Clarkson, Miller, Jentz & Cross

Textbooks can be purchased though the MBS bookstore

Textbooks can be purchased though the Parkville Bookstore

Additional Resources:
Library, INFOTRAC, and Internet sources as recommended

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:
My educational philosophy is one of interactiveness based on readings, lectures, dialogues, examinations, and writings.  I will attempt to engage each learner to encourage the lively exploration of concepts, ideas, and interpretations.

Learning Outcomes:
  Core Learning Outcomes

  1. Define the relationship between the American legal system and business.
  2. Explain the case law/hypothetical example format.
  3. Discuss legal issues within the relevant format.
  4. Arrive at rules of law and formulate those decisions in essay form.

Core Assessment:

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

Class Assessment:
This course does not lend itself well to a substantial writing project.  Therefore, assessment will be based upon class participation, a midterm examination, and a comprehensive final examination.  In addition, I reserve the right to to permit students to do one VOLUNTARY extra credit assignment during the course of the semester involving research into a particular area of Business Law which is of interest to the student.

Participation in Classroom Discussions:  10% of final grade
Midterm Examination:                     40% of final grade
Final Examination:                       50% of final grade

A: 90-100%; B: 80-89%; C: 70-79%; D: 60-69%; F: <60%

Late Submission of Course Materials:
Late submission of course materials without an acceptable excuse will result in a reduction of grade for that meterial of one letter grade for each day late.  Acceptable excuses include illness, TAD, and other emergency situations.

Classroom Rules of Conduct:
Students are expected to be on time for class and to be properly attired.  Cell phones and pagers must be turned off or set to vibrate during class time.  Tape recording is permitted only with my approval.

Course Topic/Dates/Assignments:
Date     Chapters         Pages     Topics
5 June   31,32            635-669   Agency & Liability
7 June   33,34            670-716   Employment & Discrim.
12 June  35,36,37         717-764   Non-Corporate Structure
14 June  38,39            765-805   Corporations
19 June  40,41            806-846   Corporations continued
21 June  42,43            847-887   Small Business & Admin.
26 June  Review for Midterm Examination
28 June  Midterm Examination

3 July   44,45            888-919   Consumer & Enviro. Law
5 July   46,47            920-962   Antitrust & Pers. Prop.
10 July  48,49            963-1005  Real Prop. & Insurance
12 July  50,51            1006-1045 Wills & Prof. Liability
17 July  52               1046-1063 International Law
19 July  Special Assignment TBA

24 July  Review for Final Examination
26 July  Final Examination

Note:  The Instructor reserves the right to vary from the above schedule to meet class needs.

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 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.

  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 "WH".
  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 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. 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:5/1/2006 12:24:53 PM