MG261 Business Law II

for F2A 2004

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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.

CourseMG 261 Business Law II
FacultyIngram, Edsam M.
TitleSenior Professsor
Degrees/CertificatesDoctor of Jurisprudence
Bachelor of Science
Office LocationAustin Center
Office Hours4:45-5:00 p.m. on Monday and Wednesday
Daytime Phone(512) 472-2057
Semester DatesOctober 25, 2004 - December 19, 2004
Class Days-M-W---
Class Time5:00 - 7:30 PM
Credit Hours3

Anderson' Business Law And The Legal Enviornment, 19th. Edition, Comprehensive Volume, Twomey, Jennings, and Fox, West Publishing Company, 2005.  

Textbooks can be purchased though the MBS bookstore

Additional Resources:
Free handouts by instructor

Course Description:
A continuation of the study of contracts, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspects of selected issues. Pre-requisite: MG260.  3:0:3

Educational Philosophy:
To help the student acquire a basic knowledge of the fundamental principles and terminology in the business field of law so the student will be able to utilize that knowledge to increase his/her awareness, understanding, and use of certain legal principles and issues.

Learning Outcomes:
To provide the student with a broader understanding of the legal system and specific issues in the law, with an emphasis on the business area.  The primary emphasis will be in the areas of business law not covered in Business Law I.

Course Assessment:
Examinations, term paper, class participation, and attendance.

The final course grade will be determined by using the following measurements:

1.  There will be three examinations during the semester.  Each examination will cover approximately one-third of the course material and will be worth 100 points.  The final examination will not be cumulative.

2.  The instructor will use handouts and cover matters not in the textbook.  The examinations will include not only the materials in the assigned chapters but will also include the materials in the handouts and class discussions.

3.  The examination grades will be totaled and divided by three.  The following criteria, along with the student's attendance and classroom participation, will be used to assign course final letter grades:

90-100   = A (with an acceptable term paper)
80-89    = B (with an acceptable term paper)
70-79    = C (with an acceptable term paper)
60-69    = D
Below 60 = F

4.  The student's attendance and classroom participation, will be considered in determining the final letter grade.  This can result in the student's final letter grade being raised or lowered.  But, attendance is expected--it is not a "bonus" for the student.  There will be no curve, either up or down, uded in grading, nor will extra work be accepted for extra credit.

Late Submission of Course Materials:
The instructor expects all assignments to be turned in on time.  No late submissions will be accepted by the instructor except in exceptional circumstances.  The instructor will be the sole judge of what is an exceptional circumstance.

Classroom Rules of Conduct:
1.  Students are expected to take their examinations at the regularly scheduled times.  Make-up examinations are discourged and are allowed only in exceptional situations (to be determined by the instructor).

2.  Students are expected to turn their cellular telephones off while in the classroom.  This includes vibrating cellular telephones.  If a student is expecting a possible problem at home or at work, he/she should notify the instructor prior to class and ask permission to leave his/her cellular telephone on that evening.  Then, the student should leave the classroom to talk on the cellular telephone.    

Course Topic/Dates/Assignments:

An acceptable term paper, plus the required total exam score, is required to earn the course letter grade of "C" or better.  Requirements for an acceptable term paper are as follows:

1.  The student must prepare a typed or computer printed, double spaced, term paper consisting of at least 1,000 words.  The paper should contain at least two sources (other than the textbook).  The surces should be properly documented.

2.  The subject for this semester will be one of the following subjects:

    Divorce (including children's issues),
    Torts, and
    Any other law-related subject approved in advance by
    the instructor.

3.  These subjects were chosen because of the issues surrounding each of them--issues such as are the laws being oversued, are people abusing the laws, their
efffect(s)on society, etc.  In writing the paper, the student should not discuss the mechanics of these laws (how the law operates, its legal elements, etc.); instead, the student should discuss the subject's overall effect on societym esoecuakkt the issues mentioned above.

4.  The instructor expects the student to "think" when writing the paper, not simply go on a treasure hunt for good quotations.  As part of the paper, the student is required to submit a written outline to the instructor, discuss it in detail, and have it approved prior to starting the actual paper.  The outline should include, at a minimum, the paper's subject, and outline of the paper, and the specific resource materials to be used.  No deadline for the submissison of the outline is being set.  It is up to the student to have the outline approved in time to prepare the paper.  The outline will be kept by the instructor and will be considered part of the paper.

5.  The textbook can be used to obtain general information regarding the subject, but the paper should be written from other sources--the student should not simply paraphrase or quote the textbook or any other source.  The student is expected to do independent research and write the paper from his/her research.  A minimum of two other sources must be cited in the paper.

6.  The student is expected to cite his/her sources properly and to use proper grammer, spelling, and punctuation.  The student should remember that he/she is striving to attain a top grade in an upper level university course.  The paper should reflect the student's ability and motivation to do this.

7.  The student should turn in his/her completed paper by the date indicated in this syllabus.  A penalty will be assessed on the student's final course grade for late papers.  The instructor will review the paper and either approve it or return it to the student for further work.  If the paper is returned for further work, it must be completed by the date of the third examination.  Under no circumstances will the instructor extend either of these deadlines.

8.  Each paper will be graded either "acceptable" or "unacceptable".  The paper will not be awarded a letter grade.


DATE        CHAPTER(S)     TOPIC  
Oct 25 - Nov 1 = Add/Drop Week
Oct 25      21             Class Orientation and begin
                          Personal Property and

   27      21 and 25      Finish Personal Property and
                          Bailments and Product Liability,
                          Warrantries, and Torts

Nov  1     28              Kinds of Instruments  

    3     33              Consumer Protection and
                          Prepare for First Examination

    8                     FIRST EXAMINATION and work
                          on Term Paper with Instructor

   10     34              Secured Transactions in
                          Personal Property    

   15     35              Bankruptcy

   17     36              Insurance

   22     37 and 38       Agency and Third Persons in

   24     49              Real Property and Prepare for
                          Second Examination
Nov 28 = Last day to withdraw
   29                     SECOND EXAMINATION and work
                          on Term Paper with Instructor

Dec  1     41              TURN IN TERM PAPER              
          Handout         and Types of Business

    6     42              Partnerships

    8     43              LPs, LLCs, and LLPs  

   13     44              Corporations, and Prepare
                          for Third Examination

   15                     THIRD EXAMINATION and wrap-
                          up of course


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 Undergradute Catalog
Page 101

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 2004-2005 Undergraduate Catalog
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 Undergradute 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: .

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