Law 531

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Week One: The Legal System and the Legal Forms of Business

Details

Due

Points

Objectives

1.1 Explain the major components of the legal system.

1.2 Differentiate between the legal forms of business.

1.3 Differentiate among nonjudicial methods of alternative dispute resolution.

Readings

Read Ch. 1 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 2 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 3 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 4 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 34 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 35 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 36 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 39 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read Ch. 40 of Business Law: Legal Environment, Online Commerce, Business Ethics, and International.

Readings

Read this week’s Electronic Reserve Readings.

Participation

Participate in class discussion.

4 out of 7 DAYS

2

Discussion Questions

Respond to weekly discussion questions.

SEE Each DQ

2

Nongraded Activities and Preparation

Podcasts

Listen to the Course Overview podcast.

Listen to the Week One podcast.

Learning Activity

ERR: “The Elements of Clunk”

Read “The Elements of Clunk” Article located on the student website.

Discuss the guidance it provides.

Learning Activity

The Legal System and ADR

Resource: Exhibit 2.1 in the “State, District of Columbia, and Territory Court Systems” section of Ch. 2 of Business Law.

Review Exhibit 2.1: Typical State Court System.

Select a case and explain how it is processed throughout the various legal phases. Because most cases never make it to trial, it is also important to consider alternative methods of dispute resolution.

Suppose your selected case never went through the legal court system. What methods of ADR are available to pursue? Which of these ADR methods do you think is the most appropriate? Explain your answer.

Learning Activity

Rep. Bachmann Article

Resource: “Rep. Bachmann: Tax Bill Violates Article 1, Section 7 of U.S. Constitution” on the course materials page

Read “Rep. Bachmann: Tax Bill Violates Article 1, Section 7 of U.S. Constitution”.

Consider the following quotation from this article:

"The House of Representatives is expected to vote on the tax deal passed by the Senate on Thursday or Friday. The bill was the result of a deal cut between President Barack Obama and Republican congressional leaders. Article 1, Section 7 of the Constitution states: ’All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills’” (Ballasy, 2010).

Discuss how the following could occur given what Article I, Section 7 of the Constitution says. Is this decision wrong?

Learning Activity

SMLLC Infographic

Resource: “How To Form A Single Member LLC” infographic on the student website

Read the information contained in the “How To Form A Single Member LLC” infographic.

Research the background to LLC formation with only one member.

Write a brief summary of your research findings.

Learning Activity

Business Forms Discussion

Discuss with your Learning Team the difference between...
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