Business Law (BLAW)

3175. Legal and Ethical Environment of Business

Three credits. This course is required for all School of Business students. Prerequisite: Open only to Business majors of sophomore or higher status. Not open to students who have passed or are taking BADM 3720.

The meaning of law and the structure of the legal and regulatory system are studied with a view toward the impact of law upon the operation of global business. Key philosophies of ethics and social responsibility are examined through the lens of stakeholder analysis and other analytical tools. Examination of the institutional foundations of law including court systems, court procedures, and constitutional law. The application of law to shape the legal environment of business through government regulation and legal liability is examined through exploration of tort and product liability, worker protection, and business organization law.

3252. Corporate Social Impact and Responsibility

Three credits. Prerequisite: Open only to Business majors of junior or higher status. Not open to students who have passed or are taking BADM 3252 or HRTS 3252.

Social impact and human rights implications related to global operations of multinational corporations; regulatory environment and competitive contexts that govern responsible business conduct on a global scale, how to navigate regulatory mandates and design social responsibility strategies to increase a firm’s reputation, reduce costs, and improve its competitive positioning while respecting human rights principles.

3254. Business Solutions to Societal Challenges

Three credits. Prerequisite: Open only to Business majors of junior or higher status. Not open to students who have passed or are taking BADM 3254 or HRTS 3254.

Market-based solutions to social and human rights challenges; how companies create value both for society and business, including role of for-profit businesses as agents for positive social impact in changing legal, regulatory, policy, and market environments. Regulatory and business strategies for long-term economic viability, sustainability, and human rights. Social innovation, statutory benefit corporations, corporate social certifications, social investment, shared value, strategic philanthropy, and business opportunities serving emerging markets.

3274. Real Estate Law

Three credits. Prerequisite: BLAW 3175 or BADM 3720; open only to Business majors of junior or higher status. Not open for credit to students who have passed or are taking BADM 3274.

Examination of the legal and ethical aspects of real estate interests, transactions, zoning, and land use. A study is made of present and future land interests, non-possessory interests, fixtures, liens, co-ownership of real estate, residential and commercial landlord-tenant relationships, multi-unit real estate interests, real estate brokerage and fair housing, transfer and financing methods, environmental law, and taxation of real estate transactions.

3277. Law and Ethics for Professional Accountants

Three credits. Prerequisite: BLAW 3175 or BADM 3720; open only to Business majors of junior or higher status. This course is required for all Accounting majors.

Exploration of the legal and professional liability of accountants and ethical decision making in commercial transactions. The legal and ethical framework of commercial transactions is explored through consideration of the law of contract formation, contract performance and breach, bankruptcy law, and the Uniform Commercial Code. Ethical reasoning, integrity, objectivity, independence and other core values as defined by the pertinent accounting institutions are presented.

3660. International Business Law

Three credits. Prerequisite: BLAW 3175 or BADM 3720; open only to Business majors of junior or higher status. Not open for credit to students who have passed or are taking BADM 3660.

Designed to acquaint the student with international business law and with the legal and ethical environment of conducting international business. In examining the legal considerations involved in doing business internationally, this course explores the law surrounding international dispute resolution, the international sale of goods, international intellectual property law, and other issues. Also explores the legal system of selected foreign countries, major treaties and international entities such as the North American Free Trade Agreement, the World Trade Organization, the European Union, and related topics.

3673. The Law of Risk Management and Business Governance

Three credits. Prerequisite: BLAW 3175 or BADM 3720; open only to Business majors of junior or higher status. Not open for credit to students who have passed or are taking BADM 3673.

Examination of the legal aspects of managing and financing partnerships, corporations, and other business organizations. In the study of these organizations, emphasis is placed on ethics and social responsibility, public policy issues concerning their activities, management of various types of financial risk, and the roles and fiduciary duties of professional service providers (such as accountants, asset managers, investment bankers, and risk managers). Securities, banking, and derivatives regulation, capital adequacy, mergers and acquisitions, and corporate governance, among other areas, are covered.

3678. Intellectual Property Law and Ethics in the Digital Age

Three credits. Prerequisite: BLAW 3175 or BADM 3720; open only to Business majors of junior or higher status. Not open for credit to students who have passed or are taking BADM 3678.

Examination of the legal and ethical environment of intellectual property with a particular focus on its application to the production, protection, and use of digital media for private and professional purposes. Major ethical theories will be introduced and applied to digital media and technology firms. The application of intellectual property law as it pertains to various business areas such as marketing, media, sports, visual and performing arts will be examined. Freedom of expression, privacy, plagiarism, defamation, and commercial speech will also be explored. This course also covers related aspects of advertising, Internet law, and the global legal implication of digital media use.

3681. Legal Aspects of Entrepreneurship

Three credits. Prerequisite: BLAW 3175 or BADM 3720; open only to Business majors of junior or higher status. Not open for credit to students who have passed or are taking BADM 3681.

Focuses on legal issues affecting new and growing businesses. Topics include choosing a legal form for the business, raising money and securities regulation, mergers, acquisitions, and liquidation. Also covers protecting intellectual property, employment, consumer protection, sales contracts and liability. In addition legal aspects of distribution, e-commerce, establishing a presence in a foreign market and environmental law are studied.

4891. Field Study Internship

One to six credits. Hours by arrangement. Prerequisite: Open only to Business majors of junior or higher status; completion of freshman-sophomore level School of Business Requirements and consent of instructor and Department Head. Students taking this course will be assigned a final grade of S (satisfactory) or U (unsatisfactory).

Designed to provide students with an opportunity for supervised field work relevant to one or more areas in business law. Students will work under the supervision of one or more professionals in the specialty in question. Student performance will be evaluated on the basis of an appraisal by the field supervisor and a detailed written report submitted by the student.

4893. Foreign Study

Credits and hours by arrangement, up to a maximum of six credits. Prerequisite: Open to juniors or higher; consent of Department Head required prior to student’s departure.

Special topics taken in a foreign study program.

4895. Special Topics

Credits and hours by arrangement. Prerequisite: Announced separately for each offering; open only to Business majors of junior or higher status. With a change in content, may be repeated for credit.

Classroom course in special topics in law as announced in advance for each semester.

4899. Independent Study

Credits by arrangement, not to exceed six in any semester. Prerequisite: Open only to Business majors of junior or higher status; instructor consent required.

Individual study of special topics in law as mutually arranged between student and instructor.

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