Legal Environment of Business - IIEI-440G

Course Description: This intense, upper-division six-week online introductory law course explores the legal and regulatory environment of business. It examines law as the foundation for business; reviews the law as a method for dispute resolution through the court system and litigation; it explores the principles of contract law, criminal law and intellectual property and culminates with a review of various regulations impacting business.

This course was designed for both undergraduate and graduate level credit (G), at  the time the school is approved to offer graduate-level credit. Graduate student assignments are clearly noted separately throughout the course.

Prerequisite: None

Course Credit: 3 Credit Hours

Major Course Topics & Course Outcomes

As a result of the group and individual activities included in this course, the student will acquire the following knowledge and skills that can be applied to the workplace:  

Introduction to Law - Overview

• Understand law as the foundation of business
• Comprehend how ethics is the basis for law
• Assess how ethics is relevant for business management

Dispute Resolution

• Explain the court system and its operation
• Discuss litigation and its purpose
• Recognize the value of alternative resolution methods and systems

Legal Foundations for Business

• Identify the relationship between the U.S. Constitution and Business
• Comprehend the Principles of Business Law
• Discuss legal torts and their implication to business

Criminal Law in Business – Intellectual Property Law

• Discuss criminal law as it relates to business
• Realize the legal basis for intellectual property law

Business Regulations – Antitrust

• Enumerate key points of Agency Law as it relates to business
• Review principles of Administrative Law
• Summarize Corporate Governance regulations
• Discuss Antitrust regulations as they apply to Competition

Regulations (Continued) – Sarbanes Oxley – Employment and Labor Laws – Globalization - International Law

• Explain the general reporting & disclosure requirements of the Sarbanes-Oxley Regulations
• Discuss the business implications of the Security and Exchange Commission Regulations
• Identify the various laws governing employers, the workforce, and rights of employees
• Comprehend the basics of international law

 

Course Materials:

There is one textbook for this course.

The Legal and Regulatory Environment of Business, 14th Edition  O. L. Reed, P. J. Shedd, J.  W. Morehead, M. A. Pagnattaro, McGraw Hill, NY. 2008 ISBN-13 9780073048499

 

Please note that textbooks are subject to change. Please contact your advisor before purchasing the textbook for your class to confirm.