The Business Law course examines the laws that govern business entities and challenges students to use this information to manage a business that is ethical, efficient, and compliant. Students will develop a fundamental understanding of the legal environment of business as it pertains to concerns of business, such as contracts, intellectual property, e-commerce, and more. The steps that the modern manager must take to preserve the legal integrity of his or her business organization during troubled times will be examined, as well as the cost of non-compliance, including lawsuits.
Students will spend time learning about legal considerations that impact various types of business entities, including corporations, LLCs, and sole proprietorships and how legal knowledge should be used as a tool for assessing and managing risk. Finally, this course will provide students with an overview of the global legal systems and their impact on the business world.