MG261 Business Law II

for SP 2007

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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


SP 2007 HO


Miratsky, Matthew J.


Adjunct Instructor


BA History Doane College
JD Creighton University School of Law

Daytime Phone


Other Phone



Semester Dates

8-21 to 12-15

Class Days


Class Time

8:45 - 10:00 AM


MG 260 Business Law I

Credit Hours



Required:  Richard A. Mann & Barry S. Roberts, BUSINESS LAW AND THE REGULATION OF BUSINESS.  8th edition.  ISBN# 0-324-27074-7.

Recommended:  STUDY GUIDE for aforementioned text.  (Prepared by Richard Taylor): Richard A. Mann & Barry S. Rodgers.  8th edition.  ISBN# 0-324-27075-5.

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville 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.
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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: MG 260 3:0:3

Learning Outcomes:
  Core Learning Outcomes

  1. Describe the relationship between agent and principal 2. Examine the types of business associations.
  2. Distinguish between the rights and liabilities of business owners, whether partners, members or shareholders.
  3. Discuss the most commons forms of bankruptcy.
  4. Describe how employment laws protect employees and impose duties on employers.
  5. Define and give examples of types of intellectual property.
  6. Identify and describe some of the consumer protection laws.
  7. Identify areas where the internet has affected the law as it relates to contracting, employment and intellectual property.

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:



Course grades will consist of the following:

(1) Attendance / Class Participation / Assignments: 11% (110 points)

(2) 3 Exams – 23% each (230 points each) and

(3) Core Assesment - 20%, comprehensive final.  This is not a take-home test and is closed book and notes.  Use of electronic devises during the exam is prohibited, absent instructor approval.  200 points

A: 90% and up.  900 points and up.

B: 80-89%.  800 to 899 points.

C: 70% to 79%.  700 to 799 points.

D: 60% to 69%.  600 to 699 points.

F: Less than 60%.  Less than 600 points.

All final exams will be comprehensive and will be closed book and closed notes.  If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth.  Electronic Computers will not be allowed on final exams unless an exception is made by the Associate Dean.

Course Topic/Dates/Assignments:
Jan 16 Class Overview ---

Jan 18 Part VI – Agency 29, 30

Jan 23-25 Part VII – Business Associations 31, 32

Jan 30-Feb 1 Part VII – Business Associations (cont’d) 33, 34

Feb 6-8 Part VII – Business Associations (cont’d) 35,3 6

Feb 13 Part VII – Business Associations (cont’d) 37

Feb 15 Exam over Parts VI, VII 29-37

Feb 20-22 Part VIII – Debtor and Creditor Relations 38, 39

Feb 27-Mar 1 Part IX – Regulation of Business 40, 41

Mar 6-8 Part IX – Regulation of Business (cont’d) 42, 43

Mar 13-15 SPRING BREAK? ---

Mar 20-22 Part IX – Regulation of Business (cont’d) 44, 45

Mar 27-29 Part IX – Regulation of Business (cont’d) 46, 47

Apr 3 Part IX – Regulation of Business (cont’d) 48

Apr 5 Exam over Parts VIII, IX 38-48

Apr 10-12 Part X – Property 49, 50

Apr 17-19 Part X – Property (cont’d) 51,52

Apr 24 Exam over Part X 49-52

Apr 26 Semester Review ---
Apr 24-26 Semester Review ---
May 1-3 Semester Review ---
May 7 begins finals week

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:1/17/2007 2:47:34 PM