School of Business
LAW/421 Version 1
Contemporary Business Law
Copyright © 2011 by University of Phoenix. All rights reserved.
This course reviews the U.S. legal system, common law and its development, organizational structures, and the regulatory environment pertinent to business. Students will learn to critically examine torts, crimes, and business ethics. They will also examine contracts; business associations including agencies, partnerships, and corporations; wills, estates, trusts, and other legal entities; securities regulations; and investor protections.
Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents:
•University policies: You must be logged into the student website to view this document. •Instructor policies: This document is posted in the Course Materials forum.
University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.
Melvin, S. P. (2011). The legal environment of business: A managerial approach: Theory to practice. New York, NY: McGraw-Hill/Irwin.
All electronic materials are available on the student website.
Week One: Introduction to Law
Objectives1.1Define the functions of law in society.
1.2Define the role of law in business.
1.3Compare and contrast means for resolving domestic and foreign legal disputes. ReadingsRead Ch. 1, 2, 3, 4, & 25 of The Legal Environment of Business. Read this week’s Electronic Reserve Readings.
Mini-AutobiographyWrite a mini-autobiography following the instructions in the Week One materials and post it to Chat.Day 1DONE Individual
Ready to GoWrite a ready to go message following the instructions in the Week One materials and post it to your Individual Forum.Day 2DONE Individual
Role and Functions of Law PaperResource: Case Brief Cipollone v. Liggett Group, Inc., et al. in Ch. 2, section 2-6, “Commerce Powers,” of the text
Write a 700- to 1,050-word paper in which you define the functions and role of law in business and society. Discuss the functions and role of law in your past or present job or industry. Properly cite at least two references from your reading.
Format your paper consistent with APA guidelines.Day 75-DONE Participation/Weekly Summaries-DONEParticipate in class discussion.
NO WORD COUNT4 of 7 days
Week Two: Torts
Objectives2.1Classify the types of torts.
2.2Assess the different types of and legal protections for intellectual property. 2.3Analyze the legal issues of e-business to include intellectual property, privacy, ethics, and security. ReadingsRead Ch. 9 & 24 of The Legal Environment of Business. Read this week’s Electronic Reserve Readings.
Addressing International Legal and Ethical Issues Simulation SummaryComplete the Addressing International Legal and Ethical Issues simulation located on the student website. Write a 350-word summary. In your paper, answer the following questions:
•What are the issues involved in resolving legal disputes in international transactions?
•What are some practical considerations of taking legal action against a foreign business partner based in another country?
•What factors could work against CadMex's decision to grant sublicensing agreements?
•When the local customs and laws conflict with the customs and laws of an organization operating abroad, which should prevail? Explain why.
•How would you compare the issues in this simulation to the domestic legal issues discussed in your Week One readings? How should companies resolve domestic and international issues...