MG260 Business Law I

for F1LL 2012

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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.


MG 260 Business Law I


F1LL 2012 LR


Thompson, Theodis N.


Adjunct Faculty



Daytime Phone



Class Days


Class Time

9:00 - 2:00 PM

Credit Hours


Business Law: The Ethical, Global, and E-Commerce Environment. by Mallor, Barnes, Bowers, and Langvardt; Irwin McGraw-Hill, 14th ed., 2010. ISBN#: 0073377643

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:
MG260 Business Law I Introduction to the law: contracts, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspect of selected issues. 3:0:3

Educational Philosophy:
My educational philosophy is simple. I believe students learn more when there is open discussion. Therefore, I would like each student to come to class prepared to discuss the relevant topics of the class. I will allow students to revise their corrected papers before a final grade is recorded. I realize that many students have hectic lives dealing with jobs and/ or families. As your instructor, I’m willing to do, within reason, whatever it takes to assure you have the opportunity to achieve your goals.

Learning Outcomes:
  Core Learning Outcomes

  1. Distinguish between the role of the law and ethics in business decision making.
  2. Discuss the role the US Constitution plays in the regulation of business.
  3. Recognize the difference between civil and criminal law, and the duties and liabilities with each.
  4. Distinguish between intentional torts, negligence, and strict liability.
  5. Examine the legal requirements for contract formation.
  6. Discuss what actions constitute a breach of a contract, and the remedies available.
  7. Explain the warranties imposed by law in the sale of goods

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 260. 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 may not 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:
Assessment instruments will consist of two examinations, quizzes and class participation. In order to facilitate class discussion, you are responsible for completing the reading assignments and homework prior to class meetings.

Comprehensive Core Assessment Final must be worth at least 30% of the final grade.



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

·         Completing Weekly Reading Assignments.

·         Completing the Mid-Term Exam.

·         Completing Comprehensive Core Assessment.

Please note when assignments are due.


A = 90- 100% (or 900 points or higher)

B =80-89% (or 800 to 899 points)

C = 70-79% (or 700 to 799 points)

D = 60-69% (or 600 to 699 points)

F = < 60% (599 or fewer points)

Total possible points: 1,000

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:
Midterm and Final Exam:
You can't take the Final and Midterm Exam late without instructor permission. I rarely give permission to take it late. However, hospitalization or a military deployment during exam week are excellent reasons to take the final late. Taking the final or midterm late could result in a grade of incomplete for the class. IF YOU DO NOT TAKE THE FINAL, YOU FAIL THE COURSE according to Park policy even if you have a D going into the final.

Classroom Rules of Conduct:
Students are responsible for reading all assignments from the text, prior to each class. Classroom discussions are a very important part of the educational process and every student will be expected to participate. Classes will be conducted using lectures, group discussions, and case studies. I encourage you to participate in class and provide your opinions and insight. I am available to assist you before and after class, evenings, and on most weekends. Please contact me at the above number, or email me any time you need help. You are expected to attend all classes at the scheduled times. In the event of 3 unexcused absences during a semester, you may be administratively dropped from the class.

Course Topic/Dates/Assignments:
Assignments                                      % of Grade                              Week Due

Class Participation (200 pts)                           20%                              Continually

Mid-Term Examination (250 pts)                     25%                                   Week 4

Quizzes (250 pts)                                         25%                            Weeks 2 & 6

Proctored Final Examination** (300 pts)         30%                                    Week 8

Total 100% (1,000 pts)

Week 1: An Introduction to the Legal System

  • Readings: Text: Study chapters 1-4.
  • Class Activities: Introduction to online computer conference learning. Introduction & discussion of syllabus/assignment schedule. We will discuss the state and federal court systems, the steps in a lawsuit, constitutional issues such as the takings clause, the commerce clause, and the contract clause, the alternatives to litigation, and the concept of social corporate responsibility. We will also discuss how to brief case law.

Week 2: Torts and Crimes

  • Readings: Text: Study Chapters 5-7.
  • Class Activities: We will discuss tort law and criminal law as they relate to business law.

Week 3: Introduction to Contracts

  • Readings: Text: Study Chapters 9, 10, and 11.
  • Readings: Text: Study Chapters 12, 13, and 14.
  • Class Activities: We will continue to discuss contract law including consideration, consent, and the capacity to contract.
  • Mid-Term Exam: The Mid-Term exam will be this week.

Week 5: The Statute of Frauds and the Rights of Third Parties

  • Readings: Text: Study Chapters 15, 16, and 17.
  • Class Activities: We will continue to discuss contract law including the Statute of Frauds and the rights of third parties.

Week 6: Remedies and Product Liability

  • Readings: Text: Chapters 18 and 20.
  • Class Activities: We will discuss remedies and the doctrine of product liability.  

Week 7: Personal Property Law and Landlord-Tenant Law

  • Readings: Text: Chapters 23 and 25.
  • Class Activities: We will discuss personal property law and the landlord-tenant laws including the duties and liabilities of both the landlord and the tenant.

Week 8: 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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty ( or Park University 2011-2012 Undergraduate Catalog Page 95-96

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 95

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 98

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: .


CompetencyExceeds Expectation (3)Meets Expectation (2)Does Not Meet Expectation (1)No Evidence (0)
1.Distinguish between the role of the law and ethics in business decision making.                                                                                                                                                                                                                                                                                                                                                                                                                                    
Clearly describes and states the distinctions and provides examples and supporting information Lists or states the distinctions. Provides no information that pertains to the distinctions No response, or no pertinent related information. 
Analysis          2. Discuss the role the US Constitution plays in the regulation of business. 3. Discuss the difference between civil and criminal law, and the duties and liabilities with each.                                                                                                                                                                                                                                                                                                                   
2. Discusses in depth several roles with examples from a wide variety of different types of businesses.

3. Discusses the differences and describes in great detail the duties and liabilities of each type of law.

2. Provides a discussion with at least three roles and examples from the basic types of businesses (retail, manufacturing, service).

3. Discusses the basic distinctions between civil and criminal law, and states the duties and responsibilities associated with each type

2. Does not describe or discuss the roles of the Constitution.

3. does not clearly describe and discuss the differences that exist be- tween the two types of law.

No response, or no pertinent related information. 
Distinguish between intentional torts, negligence, and strict liability.  5. Examine the legal requirements for contract formation.                                                                                                                                                                                                                                                                                                                                                                                  
4. Provides a  thorough, description of all three (international torts, negligence, and strict liability) with descriptive examples.

5. Lists the legal requirements, and identifies exceptions, and explanations as to why each is important.

2. States the differences.

5.  Lists the requirements.

4.Provides incomplete or no distinctions.

2. Provides incomplete or no distinctions.

4., 5. No response, or no pertinent related information. 
6. Identifies and thoroughly the types that need to be in writing with examples. 2. Lists and clearly states

the types.

6. Does not clearly state or describe the types. 6. No response, or no pertinent related information. 
Explain the warranties imposed by law in the sale of goods.                                                                                                                                                                                                                                                                                                                                                                                                                                                          
8. Clearly identifies, describes, and explains the types of warranties with actual examples. 8. Lists and explains the differences. 8. Does not clearly state or describe the differences. 8.  No response, or no pertinent related information. 
Discuss what actions constitute a breach of a contract, and the remedies available.                                                                                                                                                                                                                                                                                                                                                                                                                                  
Lists, describes,  and creates a very thorough description of the various types of breach and potential remedies.

Identifies, thoroughly describes and explains the reasons for the requirements for each types of contracts with comprehensive, supportive examples.

States and provides a brief discussion of two or more types of breach and possible remedies.

States the types of contracts.

Does not stat e what constitutes a breach.

Does not identify the types of contracts.

No response, or no pertinent related information 
Whole Artifact                                                                                                                                                                                                                                             
1. Distinguish between the role of the law and ethics in business decision making.                                                                                                                                                                                                                                                                                                                                                                                                                                   
Provides a thorough description and distinctions in the roles.

2.  Provides a thorough, but exhaustive discussion of the role of the U.S. Constitution.

States and briefly describes the roles.

Provides a brief discussion, stating the or more roles that the Constitution provides.

Does not identify or distinguish between the roles. No response, or no pertinent related information 


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Last Updated:8/9/2012 11:07:24 PM