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MG 260 Business Law I
Schlicht, James O.


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.
CourseMG 260 Business Law I BU
SemesterS2H2005
FacultySchlicht, James O.
TitleProfessor of Criminal Justice/Adjunct Faculty
Degrees/CertificatesB.A. Political Science, University of Kentucky, 1975
J.D., Duquesne University, 1978
Office Location43 Planters Circle, Lady's Island, SC 29907
Office HoursBy Appointment ONLY
Daytime Phone(843)524-1752
E-Mailjames.schlicht@park.edu
joschl1@yahoo.com
Note:  This is the preferred e-mail address
Semester DatesMarch 21 - May 15, 2005
Class Days--T-R--
Class Time7:35 - 10:05 PM
Credit Hours3

Textbook:
Clarkson, Miller, Jentz, and Cross:
West's Business Law Texts and Cases, Ninth Edition


Note:  This course will cover the first half of the text; the second half will be used for Business Law II

Textbooks can be purchased though the MBS bookstore

Additional Resources:
INFOTRAC, Library, and World Wide Web sources as recommended


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

Educational Philosophy:
The instructor's educational philospohy is one of interactiveness based upon readings, lectures, dialogs, and examinations.  The instructor firmly believes in the efficacy of the Socratic Method, particularly in a course such as this where the subject matter consists of common and statutory law.

Learning Outcomes:
Primary 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.
 
Students successfully completing this course will understand and appreciate the legal environment of business, will examine and be able to define common torts and crimes arising in the world of business, will develop a clear understanding of contracts (including the nature of contracts, requirements for validity, third party rights, performance and discharge, and breaches and remedies), will develop a clear understanding of contracts governed by the Uniform Commercial Code and of international contracts, and will understand the law of negotiable instruments.

Course Assessment:
Course assessment will be based upon a midterm and final examination and class participation.

Grading:
The midterm examination will account for 40% of the final course grade. The Final examination will account for 50% of the final course grade.  Class participation will account for 10% of the final course grade.

Grading Scale:  >90% = A; 80-89% = B; 70-79% = C; 60-69% = D; <60% = F.

Late Submission of Course Materials:
Late submission of course material, absent a showing of special circumstances, will result in a reduction by one letter grade for each day late.

Classroom Rules of Conduct:
Students are expected to come to class prepared, be properly attired, and to exhibit proper decorum.  Cell phones and pagers can be extremely disruptive, and must either be set to vibrate or be turned off during class periods.  If you absolutely must take a call, take it in the hall.

Course Topic/Dates/Assignments:
Date       Chapter Topic
22 March     1&2  Introduction to law and Legal Reasoning
                 Courts & Alternative Dispute Resolution

24 March     3&4  Court Procedures, Constitutional
                 Authority to Regulate Business

29 March     5&6  Torts and Cyber Torts
                 Strict Liability & Product Liability

31 March     7&8  Intellectual Property & Internet Law
                 Criminal Law and Cyber Crimes

5 April     9&10  Nature and Terminology of Contracts
                 Agreement

7 April     11&12 Consideration
                 Capacity and Legality

12 April    13&14 Genuineness of Assent
                 The Statute of Frauds

14 April    15&16 Third Party Rights
                 Performance and Discharge

19 April    Midterm Examination

21 April    17&18 Breach of Contract and Remedies
                 E-Contracts

26 April    19&20 Sales & Lease Contract Formation
                 Title, Risk, & Insurable Interest

28 April    21-23 Performance of Sales & Lease Contracts
                 Remedies for Breach
                 Sales and Lease Warranties

3 May       24&25 Function & Creation of Neg.Instruments
                 Tranferability and H. in D.C.

5 May       26&27 Liability, Defenses, & Discharge
                 Checks, the Banking System, E-Money

10 May      Review for Final Examination

12 May      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 2004-2005 Undergraduate Catalog
Page 101

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. <a href="http://www.park.edu/catalog">
Park University 2004-2005 Undergraduate Catalog</a> Page 101

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 2004-2005 Undergraduate Catalog Page 100

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
 
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Copyright:
This material is copyright and can not be reused without author permission.