Jun 02, 2023  
2022-2023 Undergraduate Catalog 
2022-2023 Undergraduate Catalog

MGT 3130 - Legal Environment of Business

Credits: 4
Formerly: MGT3330
This course is designed to provide students with an overview of the general framework of the legal environment in which twenty-first century business is expected to operate. The primary objective is to acquaint students with the many practical legal issues they should be cognizant of and are likely to encounter throughout their business careers. Class discussion will emphasize current court case decisions of the state and federal appellate courts and United States Supreme Court as appropriate. Students will appreciate how the law is integrated into the development of strategic business decisions. Primary course topics will be drawn from the following business law categories: (1) Government Regulation of Business and the Court System; (2) The Law of Contracts, Sales and an Introduction to the Uniform Commercial Code (UCC); (3) The Law of Torts; Negligence, Strict Liability and Product Liability with some applications to Professional Responsibility; (4) The Law of Agency and Employment , and (5) Methods of Business Formation Including Proprietorships, Partnerships, Corporations and Special Business Forms.
Prerequisite(s): MGT 1100  and at least Sophomore standing.