MG261 Business Law II

for F2A 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


F2A 2006 BE


Ingram, Edsam M.


Senior Professor


Doctor of Jurisprudence
Air War College
Bachelor of Science

Office Location

Austin Center

Office Hours

4:45 - 5:00 p.m. on Tuesday and Thursday

Daytime Phone

(512) 472-2057


Semester Dates

October 23, 2006 - December 17, 2006

Class Days


Class Time

5:10 - 7:50 PM


MG 260

Credit Hours


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

Textbooks can be purchased through the MBS bookstore

Additional Resources:
Free handouts by instructor

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.
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Resources for Current Students - A great place to look for all kinds of information

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: <a href='index.aspx?Class=MG260'>MG260</a>  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 prrinciples and issues.

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.

  Instructor 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.

Class Assessment:
Examinations, term paper, class participation, attendance.


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

1.  There will be three examinations given during the semester.  The first two examinations will each cover approximately one-third of the course material and will be worth 90 points each.  The thrid examination will be a comprehensive examinaiton of the course and will be worth 120 points.  

2.  Actual possible points for the student's final grade will be as follows:

     a.  First examination      =  90 points (30% of the final grade)

     b.  Second examination =  90 points (30% of the final grade)

     c.  Third examination     =  120 points (40% of the final grade)

     d.  Term paper               =  No points will be awarded for the term paper.  The paper must be approved by the instructor.

     Total points  = 300            

3.  The three examination grades will be totaled.  The following criteria will be used to assign the course's final letter grade:

     270 - 300 total points    =  A (with an acceptable term paper)

     240 - 269 total points    =  B (with an acceptable term paper)

     210 - 239 total points    =  C (with an acceptable term paper)

     180 - 209 total points    =  D

     Below 180 total points   =  F

4.  None of the exams will be a take-home exam.  Each exam will be a closed book and closed notes exam.


Late Submission of Course Materials:
The instructor expects all assignments to be turned in on time.  Not late submissions will be accepted by the instructor except in exceptional circumstances (to be determined solely by the instructor).

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 solely 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 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:

TERM PAPER: An acceptable term paper, plus the required total examination 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 surces (other than the textbook). The sources shuld be prperly documented. The "MLA Handbook For Writers Of Research Papers," Sixth Edition, will be used as the authority for documentation style. This book also has a very helpful discussion on writing research papers and is highly recommended by this instructor. A copy of the book can be found in this school's resource room.

2. The student can choose any one of the following subjects for his/her paper: Bankruptcy, Divorce (including issues concerning children), Arbitration, Torts, and Any other law-related subject approved by the instructor in advance.

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

4. The student should discuss his/her individual paper with the instructor prior to starting to write the paper.

5. The instructor expects the student to "think" when writing the paper, not to simply go on a treasure hunt for good quotations.

6. 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 properly cited in the paper.

7. The student is expected to cite his/her sources properly and to use proper grammer, spelling, and punctuation. The student should remember that his/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.

8. The student should turn in his/her completed paper by the date indicated in this syllabus. A penallty 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.

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

CLASS SCHEDULE (Meetings, Examination Schedule, and Term Paper Date): The class schedule will be handed out the first night of class.

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:9/22/2006 10:46:55 AM