BAY MILLS COMMUNITY COLLEGE

BU204 BUSINESS LAW I

COURSE SYLLABUS

INSTRUCTOR: LARRY ELLIS

E-mail:DocDistance07@cox.net

Office Hours M-W-F 6-8 pm &
Sundays from 2:00-4:00 pm

CREDITS: 3

Course Description:

This course will give the student an introductory understanding of the laws of business.  The course content is designed to familiarize the student with contracts, sales, commercial paper, agency, employment law, and real estate transactions. Students will find this course to be beneficial in the legal and social environment of their chosen profession.

Prerequisites:

EN112 and BU113

Objectives of the course:

The student will be able to:
  1. identify three sources of law
  2. list three major antitrust acts
  3. identify the three elements that make a contract valid
  4. explain the differences between an offer and an invitation to make an offer
  5. cite the three requirements of a valid offer
  6. when given three separate situations where there is either fraud, duress, or undue influence; identify two of the situations
  7. identify two classifications of persons who lack capacity to contract
  8. give three examples of insufficient or invalid consideration
  9. identify the types of contracts which are contrary to public policy
  10. name four types of contracts that must be in writing to satisfy the Statute of Frauds
  11. define a bailment and name the two categories of bailments
  12. name two categories of carriers
  13. list five of the seven requirements of negotiability
  14. describe what apparent authority is in regards to the nature of an agency
  15. state how an agency may be terminated, either by the parties or by operation of law
  16. describe real property and transfer thereof; mortgages and landlord tenant relationships

Required Text:

Law Business Text

Ashcroft, John and Ashcroft, Janet, Law for Business, 14th edition. Cincinnati Ohio: Southwest Publishers, 2002 ISBA 0-324-06053-X

Optional: It is recommended that the student obtain access to a law dictionary either by purchase or local library.

Supplemental Reading:

Supplementary readings will be supplied by the instructor. Additional reading of cases, articles, additional books, and recent court decisions affecting business law will be encouraged and expected.

BMCC's Academic Policies

All students please review the following policies and procedures

Student Handbook : (http://www.bmcc.edu/StudentServices1/Handbook/index.html).
Drop or Add a Class : (http://www.bmcc.edu/StudentServices1/Handbook/index.html#course).
Book Refund and Book BuyBack Policies:(http://www.bmcc.edu/StudentServices1/vbookstore.html)
Billing or an outstanding bill: (http://www.bmcc.edu/StudentServices1/Handbook/billingProcedures.html).
Information about class schedules and transcripts:(http://www.bmcc.edu/StudentServices1/Handbook/transcripts.html).

Student participation:

Participation is extremely helpful in developing a thorough understanding of Business Law. Students will be expected to complete the questions and may be asked to discuss cases at the end of each chapter. For those students who take all quizzes and do all writing assignments, the lowest score of each will be dropped.

Evaluation and grading conversion:

A = 94 - 100% C = 74 - 76%
A- = 90 - 93% C- = 70 - 73%
B+ = 87 - 89% D+ = 67 - 69%
B = 84 - 86% D = 64 - 66%
B- = 80 - 83% D- = 60 - 63%
C+ = 77 - 79% F = 0 - 59%

Grading:

1. Seven unit quizzes 30%
2. Midterm examination 20%
3. Four case writing assignments 20%
4.  End of Chapter Questions
 10%
5. Final Examination 20%
Total 100%

Quizzes: Quizzes are to be taken at the end of textbook units 2, 3, 4, 5, 6, 7, & 9.

Midterm examination – a midterm exam will  include material from your text and topics presented. You will access the midterm through a link on the Course Calendar page.

Assignments: Four written assignments are required to be completed as specified on the calendar page.  Proper word usage and spelling is expected. Assignments will be from case studies presented in your textbooks and presented as a link in the lesson plan.

Chapter Questions:  Students are expected to read chapters indicated and complete odd numbered questions at the end of each chapter.  E-mail short answers to the instructor. All assignments are due by Sunday of each week assigned. 

Final Exam – A final exam will include material from your textbook and topics presented. You will access the final through a link on a Course Calendar page.

Please click here to testify that you have read and understand the syllabus and have read and understand the academic dishonesty and plagiarism information.