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MG 261 Business Law II
Lynch, Paul


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
SemesterF1J2004
FacultyLynch, Paul
TitleAdjunct Professor
Daytime Phone913 383 1073  
E-Mailpaul.lynch@park.edu
Semester DatesAugust 23, 2004 thru October 17, 2004
Class Days----R--
Class Time5:30 - 9:50 PM
Credit Hours3

Textbook:
Textbook:  Mallor, Barnes et al, “Business Law and the Regulatory Environment”, Twelfth Edition, Irwin, McGraw-Hill 2000.

Supplementary:   None                                     Supplies:     None


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

Learning Outcomes:
This course entails the reading and understanding of approximately one-half of the text book or some 26 chapters.  The most difficult area of the course is to keep up the reading assignments.  The business student is not required to memorize case decisions or precedent, but is required to understand the way case decisions and precedent in applied in our legal system.  Further, the business student will be required to recognize the issues of the law and realize when the assistance of the legal profession is needed in business matters, as follows:


1.      Understand the basic procedures of the court system.

2.      Understand the parameters for agency.

3.      Understand the parameters for  partnerships.

4.      Be able to recognize the theories of  property

5.      Know the parameters of corporations.

6.      Understand the credit and insurance.

7.      Understand the theories of business regulation as applied to business.

8.   Know how to brief legal cases for presentation.

Course Assessment:
There will be two Examinations will be given during this semester, and  your scores on these examinations will represent 200 points of your final grade.  The First Examinations will be a Take-Home Examination. The Final Examination will be taken the last day of class. It will be an open book/open notes exam.  The exam will have a three hour limitation. There will be eight weeks of reading and preparation for the semester.  In addition, 70 points of your grade will be from seven weekly quizes given on the reading matter from the particular class involved.  These quizes will be given at the end of the class after classroom discussion of the subject material assigned for each class.  It will be important that you come to class prepared to do well on these quizes.  Each student that misses a class will lose the points for the quiz for the class, even if the student must work or have some other reason short of a true emergency.  THERE WILL BE NO EXCEPTION TO THIS RULE!! Each student is expected to make a commitment to attend every class for the eight week semester.  Your boss  where you work should help you keep your commitment, and schedule overtime and travel assignments around this class!   The quizes will be closed book and closed note presentations. Therefore, it behooves the student to prepare for each class.  The Quizes and the Examinations will be made up of True/False Questions, Multiple Choice Questions, and Essay Questions.  In addition, at each class, student must be prepared to be called upon to present his or her brief of the cases in each chapter assigned for the class meeting.  How to brief a legal case is outlined in the early part of your course book.  Class participation for briefing and discussing these legal cases shall be twenty points toward your final grade.

Any student who must miss three or more classes for any reason will be given a FAILING GRADE.

Grading:
The following grading scale will be used.  The professor reserves the right to give a student that attends every class and participates in the learning opportunity up to five or six points to grant that student the next higher letter grade. The total number of points for the semester is 290 points.

Grading Scale:              

261 to 290 = A
           232 to 261 = B
           203 to 231 = C
          174 to 203 = D                                    
            00 to 173 = F

Bonus Paper:   At your option, a research paper on a topic approved by the professor can be worth as much as 15 bonus points to make up for adverse examination and quiz grades.  Choose your topics early from the subject matter studied during the semester if you wish to submit a research paper to raise your grade. This paper must be a typed paper, double spaced, and of five pages in length.  It must include a bibliography at the end to show the source of your research.  No footnotes are required in the paper.

Students are encouraged to select topics associated with the course and useful in their current positions or jobs.

Course Topic/Dates/Assignments:
On the last night of the class, Professor Lynch will grade the Final Examination and will compute the grades.  Your grade will based on the Exams and Quizes taken and submitted to Professor Lynch as of that date, plus any Bonus Research Paper and the final course grades will be submitted to the University that evening.  You should make certain that your quizes and exams and any research paper are in Professor Lynch's possession by the last night of the class.

 Class ActivitiesAssignmentsTests
August 26 Introduction, Chap 35, 36, 37, 38, 40  Quiz 1 (AGCY/PTRSHP)
September 2 Chapters 41, 42, 43, 44  Quiz 2  (CORPORATIONS)
September 9 Chapters 44, 45, 46Quiz 3  (CORPORATIONS) EXAM 1
September 16 Chapters 23, 24, 25, 26, 27  QUIZ 4 (PTY AND INS)
September 23 Chapters 27, 28, 29, 30  QUIZ 5  (INS AND CREDIT)
September 30 Chapters 47, 48, 49, 50   QUIZ 6  (BUS REGS)
October 7 Chapters  50, 51, 52  QUIZ 7  (BUS REGS)
October 14  Final Examination

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:
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


“UNEXCUSED” means absence without contacting the professor prior to the class meeting.  If work or illness causes you to miss a scheduled class, please contact the professor or the University to that effect.  Instructors will be keeping attendance records and reporting absences.  Instructors can excuse absences for proper reasons, but missed work must be made up within the term of enrollment.  Two consecutive weeks of unexcused absences will cause the student to be withdrawn form the class.  Any three absences from the class, excused or unexcused, will merit a failing grade. An incomplete will not be issued to a student who has excessive excused or unexcused absences.

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: http://www.park.edu/disability .

Copyright:
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