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MG 260 Business Law I
Liefer, Andrew M.


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 260 Business Law I
SemesterS1R2005
FacultyLiefer, Andrew M.
Degrees/CertificatesBachelor of Arts 1992
Juris Doctor 1995
Licensed in the State of Illinois and United States District Court - Southern District of Illinois
Office Location15 Bronze Pointe, Swansea, Illinois
Daytime Phone618-235-6505
Other Phone618-277-4332
E-MailAndrew.Liefer@park.edu
LieferSchmitt@aol.com
Class Days--T-R--
Class Time7:45 - 10:15 PM
PerquisitesNone
Credit Hours3

Textbook:
West's Business Law, 9th Edition, Kenneth Clarkson, Roger Leroy Miller, Gaylord Jentz, Frank Cross

Additional Resources:
Additional material will be handed out in class by the instructor as required.

Course Description:
Introduction to the law: contracts, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspects of selected issues.

Educational Philosophy:
To help the student acquire a basic knowledge of the fundamental principles and terminology in the field of law so the student will be able to utilize that knowledge to increase his/her awareness, understanding and use of certain legal principles and issues.

Learning Outcomes:
  The objective of this course is to provide the student with a general understanding of the law and its relationship to business, along with the legal considerations that impact on business entities.  Students will be expected to learn and understand how to perform case analysis and to apply judicial reasoning to various factual situations presented in the textbook and in class.
  The student should have a basic understanding of the legal system.  He/she should be able to list and cite legal authority, as well as, be able to determine when a particular court has appropriate jurisdiction over a matter.
  The student should be able to decribe pre-trial, trial and appellate court procedures.  In addition, the student should have a basic understanding of constitutional law.  The student must be able to distinguish between the due process clause and the equal protection clause.  Moreover, the student should be able to list and indentify the protections afforded in the United States Constitution.
  The student should be able to list the elements for various tort claims and be able to identify these torts within factual situations.  The student should also be able to outline possible defenses to the tort claims.  In addition, the student should have a basic understanding of criminal law and be able to list and describe potential defenses.
  The student should be able to differentiate between trademark, patent and copyright law.  Moreover, the student should be able to describe what is necessary to protect an interest in these type of intellectual properties.
  The student must have a basic understanding of the formation of contracts and be able to determine the enforceability of a contract.  Specifically, the student should be able to list the elements required to create a valid contract and be able to identify when these requirements have been fulfilled in a given factual scenario.  Additionally, the student should be able to identify when parties to a contract have not demonstrated genuineness of assent and be able to explain the effect such lack of assent has on the enforceability of said contract.
  Furthermore, the student must have a basic understanding of the Statute of Frauds.  He/she must be able to recognize when the requirements of the Statute of Frauds have been met and be able to explain the effect the Statute of Frauds has on the enforceability of a contract.
  The student should understand the concept of privity of contract and be able to demonstrate the difference between an assignment and a delegation.  The student should also be able to identify a breach of contract and list the remedies that are available to the non-breaching party.
  The student should be able to identify when a contract is governed by Article 2 of the Uniform Commercial Code and be able to list what Article 2 requires for a contract to be enforceable.  In addition, the student should be able to list and describe the remedies available to each party in the event of a breach of contract.
  The student should be able to list the requirements for an instrument to be negotiable.  The student must be able to list the requirements necessary to be considered a holder in due course and the advantage this status holds.  Finally, the student should be able to explain the liability a party may incur from effectuating a negotiable instrument.

Course Assessment:
There will be three examinations given during the class term.  The first exam will cover chapters 1 - 8.  The second exam will cover chapters 9 - 18.  The third exam will cover chapters 19 - 27.  In addition, a paper will be due the final week of classes.

Grading:
Attendance            10%      20 points
Paper                 15%      30
Exam I                25%      50
Exam II               25%      50
Exam III              25%      50
                    _____________
Total                100%      200 points

Late Submission of Course Materials:
Late submission of homework and papers, without explanation and specific exemption will result in a minimum of one grade drop.  If such late submission would cause the instructor's reports to the University to be late, such submission would result in a failing grade.

Classroom Rules of Conduct:
Each student is expected to act in a professional manner.

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 Undergraduate 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 Undergraduate Catalog Page 100


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:
This material is copyright and can not be reused without author permission.