MG260 Business Law I

for F1M 2006

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Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.


MG 260 Business Law I


F1M 2006 CH


Peter, Bonnie J.


Adjunct Faculty


Juris Doctor, Wake Forest University
B.S. in Business Administration, LSU
Member of the North Carolina Bar since 1974

Daytime Phone

(252) 646-8079


Web Page

http:// na

Semester Dates

August 21, 2006 - October 15, 2006

Class Days

Tuesday, Thursday

Class Time

7:30 - 10:00 PM

Credit Hours


West's Business Law, 10th  ed., by Clarkson, Miller, Jentz & Cross

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: contracts, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspects of selected issues. 3:0:3

Learning Outcomes:
  Core 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:

There is a comprehensive final exam consisting of 13 True or False questions, 25 Multiple Choice questions and four short answer essay questions.  Your final exam is a comprehensive on  ALL of the assigned material in the course.  This will not be a take-home exam.  The comprehensive final is not a take-home tests.  The comprehensive final is a closed book and closed notes exam

There will be two quizzes , each consisting fo 50 true/false questions for a total of 100 points representing 15% of your final grade.  The quizzes will be closed-book, closed notes quiz (not a take-home quiz).

In addition to the final exam and the two quizzes described above, there will be a mid-term exam, 100 points, 50 points for true/false questions and 50 points for multiple choice questions.  Your mid-term exam will be 30% of your final grade.  Your mid-term exam will be a closed-book, closed notes exam.  This will not be a take-home exam. 



Quiz No. 1,  100Pts       15% of Final Grade

Quiz No. 2,  100 pts       15% of Final Grade

Mid-term Exam  100 pts   30% of Final Grade

Final  Exam, 100 pts         40% of Final Grade

Classroom Rules of Conduct:

CLASS SCHEDULE &  ASSIGNED MATERIAL – Please be prepared to discuss each chapter, including the case material.

Course Topic/Dates/Assignments:

Date Subject/Chapter(s)

Aug. 22 Introduction to the Course; Chapter 1, Introduction to Law and

Legal Reasoning; Chapter 2 Courts and Alternative Dispute Resolution

Aug. 24 Chapter 3, Court Procedures; Start Chapter 4

Aug. 29 Complete Chapter 4, Constitutional Authority to Regulate Business

Review for quiz on Chapters 1 - 4

Aug. 31 Quiz on Chapters 1 – 4, Start Chapter 6, Intentional Torts

Sept. 5 Complete Chapter 6; and Chapter 7, Negligence and Strict Liability

Sept. 7 Chapter 8, Intellectual Property; Review for Exam on Chapters 6, 7 & 8

Sept. 12 Mid-Term Exam on Chapters 1-8, excluding Chapter 5

Sept. 14 Chapter 9, Criminal Law and Cyber Crimes, Start Chapter 10

Sept. 19 Complete Chapter 10, [Contract] Nature and Terminology; and Chapter 11,


Sept. 21 Chapter 12, Consideration, Chapter 13, Capacity and Legality; and Chapter 14, Genuineness of Assent; (These are short chapters)

Sept. 26 Review for quiz on Chapters 9 - 14

Sept. 28 Quiz on Chapters 9 – 14, Chapter 15, Statute of Frauds,

Oct. 3 Chapter 16, Third Party Rights and Chapter 17, Performance and Discharge

Oct. 10 Chapter 30, Bankruptcy Law, and Begin Discussion of Partnership and Corporation

Organizations – Handout(s)

Oct. 12 Complete Discussion of Business Organizations and Review for Final Exam

Oct. 13 Final Exam on Chapters 9– 17, Chapter 30, and Business


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:8/14/2006 11:14:34 AM