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MG 261 Business Law II
Gruenke, Douglas C.


Mission Statement: Park University provides access to a quality higher education experience that prepares a diverse community of learners to think critically, communicate effectively, demonstrate a global perspective and engage in lifelong learning and service to others.

Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.

Course

MG 261 Business Law II

Semester

U1R 2012 SC

Faculty

Gruenke, Douglas C.

Title

Adjunct Faculty

Degrees/Certificates

J.D. - Southern Illinois University
B.A. - Southern Illinois University at Edwardsville

Office Hours

By Appointment

Daytime Phone

(618) 616-4237

E-Mail

Douglas.Gruenke@park.edu

douggruenke@yahoo.com

Class Days

--T-R--

Class Time

5:00 - 7:30 PM

Prerequisites

MG 260

Credit Hours

3


Textbook:
Business Law: The Ethical, Global, and E-Commerce Environment, 14th Edition.  Mallor, Barnes, Bowers, and Langvardt.  2010.  ISBN#: 069780734-7

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.
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 helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.


Course Description:
MG261 Business Law II: A continuation of the study of contract, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspects of selected issues.3:0:3 Prerequisite: MG 260

Educational Philosophy:
The facilitator’s educational philosophy is one of interactiveness based on lectures, readings, quizzes, written asyncronous discussion (dialogue), examinations, websites and writings. The facilitator will engage learners each week in what is referred to as disputatious learning to encourage the exploration of ideas, issues and contradictions.

Learning Outcomes:
  Core Learning Outcomes

  1. Describe the relationship between agent and principal
  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:
All Park University courses must include a core assessment that measures the course's Core Learning Outcomes. The purpose of this assessment is to determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities. 

 For this course, the core assessment is a Comprehensive Final Examination to be administered in all sections of MG 261. This exam is worth at least 30 percent of the student's final grade and will test students' mastery of the Core Learning Outcomes (as listed on this syllabus) through definitions, essay, and/or multiple choice questions. 

 This core assessment is a CLOSED BOOK, CLOSED NOTES comprehensive examination that must be administered and proctored in the classroom and is not to be given as a take-home examination. Students should not have access to the exam or its questions before it is administered. The duration of the exam can be no longer than two hours. 

 No computers, or materials other than a writing instrument and a calculator without text functions and communication may be used for the exam; this applies to all students, regardless of whether the exam is for on-line or face-to-face students. Completion of the exam is strictly individual; students may not work in groups to complete the exam.

Link to Class Rubric

Class Assessment:
Weekly asyncronous written discussion with case studies, 2 in-class quizzes, and testing

Grading:

My goal is to give you prompt, clear, and useful feedback to help you learn about business law. Each student is responsible for:

    • Completing Weekly Reading Assignments. 
    • Completing weekly case study assignments.
    • Completing the Mid-Term Exam.
    • Completing 2 In-class Quizzes
    • Participating in Class Discussion

Please note when assignments are due.

Assignments

% of
Grade

Week Due

Class Participation (200 pts)

20%

Continually

Case Studies (100 pts)

10%

Continually

Mid-Term Examination (200 pts)

20%

Week 5

2 Quizzes (200 pts)

20%

Weeks 3 and 7

Final Examination (300 pts)

30%

Week 8

Total 100%  (1000 pts)

A message from the Park Management Department: "The comprehensive final is not a take-home test.  The comprehensive final is a closed book and closed notes exam."

**Note:  The final is the core assessment.

  • Please read the Grading Rubric for each assignment located below under additional information.

Course Grading Scale

100-90%          1000-900 points= A

89-80%             899-800 points = B

79-70%             799-700 points = C

69-60%             699-600 points = D

59% or less      599 points or less= F

Total possible points: 1000

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. 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 Dean of the School of Business.

Late Submission of Course Materials:

 Any assignments that are turned in past the date in which the assignment is due will only receive 1/2 credit for the assignment.

Classroom Rules of Conduct:

 

  1. Students should arrive on time and stay the entire length of class. Late arrivals or early departure will result in a lowered class participation score.
  2. Students are responsible for reading the assigned text prior to the start of class.
  3. No texting or cell phone use in class. 
  4. Any information I provide in this class is for educational use only and is not intended to be legal advice. It does not create an attorney-client relationship. Also, youshould not rely on anything you read on the Internet (including anything from this class) as a substitute for sound legal advice. You should go to an attorney in your state when you have legal problems.

Course Topic/Dates/Assignments:

Week 1: Agency Law

 

 

  • Readings: Study chapters 35, 36, and "Reading and Briefing Cases" on pages 24-25.
  • Class Activities: Introduction & discussion of syllabus/assignment schedule. We will discuss agency law, the duties an agent owes to principal, the duties a principal owes to an agent, and express, implied, and apparent authority as they relate to third parties and principal liability for an agent's actions. We will also discuss how to brief case law.

Week 2: Introduction to the Forms of Business

  • Readings: Study Chapters 37, 38, and 41.
  • Class Activities: We will discuss the forms of business, the formation of a partnership, the duties of a partner to a partnership and to the other partners, and the formation of a corporation.

Week 3: The Management of Corporations

  • Readings: Study Chapters 42-44.
  • Class Activities: We will discuss the organization and financial structure of corporations, the management of corporations including the duties of the board of directors and the officers, and the rights and liabilities of shareholders.
  • Quiz #1 will be at the the beginning of Week #3 and will cover material discussed during the first 2 weeks.

Week 4: Secured Transactions and Bankruptcy

  • Readings: Study Chapters 28-30.
  • Class Activities: We will discuss the difference between secured and unsecured transactions, the relationship between secured transactions and bankruptcy, and the types of bankruptcies.

Week 5: Employment Law and Environmental Law

  • Readings: Study Chapters 51 and 52.
  • Class Activities: We will discuss employment law and environmental law including the responsibilities of business owners to follow the various laws and consequences if the laws are not observed.
  • Mid-Term Exam will be at the beginning on Week #5 and will cover material discussed during the first 4 weeks

Week 6: Negotiable Instruments

  • Readings: Chapters 31, 32 (pages 822-828), and 33.
  • Class Activities: We will discuss negotiable instruments, the types of indorsements, and the liabilities of parties.

Week 7: Consumer Protection Law, Accountant Liability, and Intellectual Property 

  • Readings: Chapters 8 (pages 241-276), 46 and 48.
  • Class Activities: We will discuss the consumer protection acts, the legal and professional responsibilities of auditors, consultants, and securities professionals, and intellectual property.
  • Quiz #2 will be at the beginning of Week #7 and will cover material discussed during Weeks #5 and #6.
     

 

Week 8: Review and Final Examination

  • Readings: Study already assigned chapters. Review lectures.
  • Class Activities: We will review agency law, the forms of business, the formation of a partnership, the duties of a partner, the formation of a corporation, the organization and financial structure of corporations, the management of corporations, the rights and liabilities of shareholders, secured transactions, bankruptcy, employment law, environmental law, negotiable instruments, the consumer protection laws, and the legal and professional responsibilities of auditors, consultants, and securities professionals.

Final Examination: Each student will take the Final Examination by Friday of Week 8

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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 93
Students are required to do their own work in this course;Anyone who cheats in any way (including dividing the work with others and submitting their work as your own) will receive an F in the course and be reported to the Academic Director.

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. from Park University 2011-2012 Undergraduate Catalog Page 93
Students are required to do their own work in this course. Students who plagiarize will receive a 0 on the assignment for a first offense and will be reported to the Academic Director.  Additional offenses will result in an F in the class.

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 "F".
  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 2011-2012 Undergraduate Catalog Page 96

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

Additional Information:

 



Rubric

CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
Synthesis                                                                                                                                                                                                                                                  
Outcomes
Describe the relationship between agent and principal.                                                                                                                                                                                                                                                                                                                                                                                                                                                               
Thoroughly describes the relationship, clearly stating the distinctions between agent and principal. Describes succinctly and clearly the relation. Does not clearly describe or distinguish between the two parties. No response or no pertinent information related to agent-principal relations. 
Analysis                                                                                                                                                                                                                                                   
Outcomes
8. Identify areas where the internet has affected the law as it relates to contracting, employment and intellectual property.                                                                                                                                                                                                                                                                                                                                                                                        
Identifies, describes, and provides examples of how law impacts contracting, employment, and intellectual property protection. Identifies, describes, and provides examples of how law impacts contracting, employment, and intellectual property protection. Does not clearly identify areas. No response or no pertinent information related to agent-principal relations. 
Evaluation                                                                                                                                                                                                                                                 
Outcomes
Identify and describe some of the consumer protection laws.Examine the types of business associations.                                                                                                                                                                                                                                                                                                                                                                                                               
Identifies and describes many (more than four) consumer protection laws.



States and describes several types of business associations and provides a thorough description of each type.







 
Identifies and describes at least two areas.



Identifies and discusses two types of business associations.



 
Does not clearly identify two or more laws.







Does not identify and examine at least two types of business associations.



 
No response or no pertinent information related to consumer protection laws.



No response or no pertinent information related to business associations.



 
Terminology                                                                                                                                                                                                                                                
Outcomes
Examine the types of business associations.Define and give examples of types of intellectual property.                                                                                                                                                                                                                                                                                                                                                                                                               
States and describes several types of business associations and provides a thorough description of each type.



Clearly define each type of intellectual property and submit examples.



 
Identifies and discusses two types of business associations.



Provides a simple, clear definition of two types of intellectual property.



 
Does not identify and examine at least two types of business associations. No response or no pertinent information related to business associations. 
Concepts                                                                                                                                                                                                                                                   
Outcomes
Describe how employment laws protect employees and impose duties on employers.                                                                                                                                                                                                                                                                                                                                                                                                                                       
Provide a description and a thorough explanation based on three or more laws.. Describes and provides an explanation for two basic employment laws. Does not identify and examine at least two types of basic employment laws. No response or no pertinent information related to business associations. 
Application                                                                                                                                                                                                                                                
Outcomes
4. Discuss the most commons forms of bankruptcy.                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
Identify  and provide a thorough discussion of  three or more forms. Identifies and discusses the use of two forms of bankruptcy. Does not identify and examine at least two types of bankruptcy. No response or no pertinent information related to business associations. 
Whole Artifact                                                                                                                                                                                                                                             
Outcomes
Describe how employment laws protect employees and impose duties on employers.                                                                                                                                                                                                                                                                                                                                                                                                                                       
Provides a thorough , and comprehensive description and explanation of the impact of three or more laws and the outcome on employment practices. Provides a description and a general explanation of how employment laws protect employees and affect employers. Does not provide a description of the ways employment laws affect employees and emplyers. No response or no pertinent information related to business associations. 

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Last Updated:5/2/2012 6:35:20 PM