MG261 Business Law II

for F2SS 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


F2SS 2006 RA


Cox, Tiffany T.


Adjunct Faculty



Daytime Phone



Semester Dates

October 23 - December 17, 2006

Class Days


Class Time

4:55 - 10:20 PM

Credit Hours


The required textbook for this course is "Business Law", 13th ed, by Mallor.  ISBN:  007327139X

Textbooks can be purchased through the MBS 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: Partnerships, corporations, credit, commercial paper and agency; comparison of social responsibility and legal aspects of selected issues. 3:0:3

Educational Philosophy:
The facilitator's education philosophy is one based in active learning and interactive participation, based on lectures, discussion and dialogues, and writing assignments.  The facilitator will encourage each learner to participate in a lively exploration of ideas, issues, and analysis of the current law surrounding the modern business environment.

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:
Written assignments and class discussions / participation are used throughout the course.  A final exam is also given in the last week of class.  The comprehensive final is not a take-home tests.  The comprehensive final is a closed book and closed notes exam.






Class Participation


 150 possible points

Case Studies


 100 possible points

Mid-Term Examination


 250 possible points



 250 possible points

Proctored Final Examination


 250 possible points



 1000 total points


Late Submission of Course Materials:
Work submitted late will be subject to 10% penalty each week, unless the student and instructor have a previous agreement to accept late work for extraordinary circumstances.

Classroom Rules of Conduct:
Students are expected to arrive in class prepared to participate substantively in each class session.  Professional behavior is also expected, and inappropriate comments or behavior will not be allowed at any time.

Course Topic/Dates/Assignments:

Week 1: Introduction to course; review Business Law I essentials. Text reading and case studies.

Week 2: Credit and Secured Transactions. Text reading and case studies.

Week 3: Negotiable Instruments. Text reading and case studies.

Week 4: Liability of Parties. Text reading and midterm exam.

Week 5: Checks and Electronic Transfer. Text reading and case studies.

Week 6: Agency and Third-Party Relations. Text reading and case studies.

Week 7: Regulation of Business. Text reading and case studies.

Week 8: Course review and Final Exam

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:9/25/2006 9:21:15 PM