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Business Law Tentative Schedule & Content Summary Page 1 of 7
BUSN 305
Legal & Regulatory Environment of Business – Tuesday/Thursday Section
Thomas P. Langdon, Spring 2011
Tentative Schedule
Week Date
Chapter Topic
Assessment
Schedule
(Estimated)
1 Jan 27
1 Introduction; Law as the Foundation of Business
2
Feb 1
Feb 3
2
3
The Ethical Basis of Law and Business Management
The Court System
3
Feb 8
Feb 10
4, 5
6
Litigation & Alternative Dispute Resolution
The Constitution & Business
Quiz Feb 10
4
Feb 15
Feb 17 NO CLASS
6 The Constitution & Business, Cont.
5
Feb 22
Feb 24
7,11
7,11
Introduction to Property; Intellectual Property
Introduction to Property; Intellectual Property
Quiz Feb 24
6
Mar 1
Mar 3
8, 9
8, 9, cont.
Introduction to Contracts
Contract Law, Continued
7
Mar 8
Mar 10
8, 9, cont.
Contract Law, Continued
Midterm Exam
MIDTERM
8
Mar 15
Mar 17 NO CLASS
NO CLASS SPRING BREAK
9
Mar 22
Mar 24
10, Cont.
9
Torts in the Business Environment
Criminal Law
10
Mar 29
Mar 31
14
14, Supp
Corporate Governance, Business Organizations
Agency Law, and the Regulatory Process
11
Apr 5
Apr 7
16
13
Antitrust Law
Sarbanes Oxley & Securities Regulation
Quiz Apr 7
12
Apr 12
Apr 14 NO CLASS
NO CLASS
Online Assignments
Online Assignments
13
Apr 19
Apr 21
19
20
Employment & Labor Law
Discrimination in Employment
14
Apr 26
Apr 28
21
18
Labor Management
Environmental Law
Quiz Apr 28
15
May 3
May 5
13
International Law
Miscellaneous Topics
16 May 10 Course Summary & Review
May 18 FINAL EXAM 8:00 – 10:00 A.M. FINAL
This tentative schedule is subject to change. All changes will be announced in class and posted to
Blackboard as soon as they become known.
Business Law Tentative Schedule & Content Summary Page 2 of 7
Detailed Summary of Content by Chapter
Chapter 1: Law As The Foundation of Business
Law, The Rule of Law, and Property
Classifications of Law
Sources of Law
Legal Sanctions
Jurisprudence
The property-based legal system and corporate governance
Chapter 2: The Ethical Basis of Law and Business Management
Contemporary Business Ethics
The Nature of Ethics
Two Systems of Ethics
Sources of Values for Business Ethics
Achieving an Ethical Business Corporation
The Control of Resources by Non-owners
Consideration of all stakeholders
Legal Regulation & Organizational Codes of Ethics
Property as a system of personal ethics
Chapter 3: The Court System
Personnel
Organization of the Court System
The Power of Judicial Review
Judicial Restraint vs. Judicial Activism
Chapter 4: The Litigation Process
Litigation – An Overview
Standing to Sue
Pretrial Procedures
The Trial
Post-trial Issues
Chapter 5: Alternative Dispute Resolution Systems
Negotiated Settlements
Mediation
Business Law Tentative Schedule & Content Summary Page 3 of 7
Arbitration and its Procedures
Popularity of Arbitration
Other Alternatives
Chapter 6: The Constitution and Business
Basic Concepts
The separation of powers
The Supremacy Clause
The Contract Clause
The Commerce Clause
o Regulation of Foreign Commerce
o Regulation of Interstate Commerce
o Limitation on State Police Power
o Limitation on State Taxation
Regulation and Basic Freedoms
o Freedom of Religion
o Freedom of the Press
o Freedom of Speech
o Eminent Domain
The Fourteenth Amendment
o Due Process of Law
o Equal Protection
Regulatory Process – Administrative Agencies
Chapter 7: The Property-Based Legal System
The Property System
Acquiring resources in a property system
Specialty applications of property
Property and security interests
Limitations on property and the common good
Chapter 8: Introduction to Contract Law
Basic Concepts
Contractual Classifications and Terminology
Contract Formation
o Offer
o Acceptance
o Consideration
o Capacity
o Lawful Purpose
o Statute of Frauds & Parole Evidence
Third Party Rights
Business Law Tentative Schedule & Content Summary Page 4 of 7
Chapter 9 – Contractual Issues – Form, Interpretation, Performance & Discharge
Form & Interpretation
Performance
Excuses for Nonperformance
Additional Thoughts on Contracts
Chapter 10: Torts in the Business Environment
Intentional Torts
o Assault & Battery
o International Infliction of Mental Distress
o Invasion of Privacy
o False Imprisonment and Malicious Prosecution
o Trespass
o Conversion
o Defamation
o Fraud
o Common Law Business Torts
Negligence
o Duty of Care
o Unreasonable Behavior – Breach of Duty
o Causation in Fact
o Proximate Causation
o Defenses to Negligence
Strict Liability in Tort
o Strict Products Liability
o Respondeat Superior
o Ultrahazardous Activity
o Other Strict Liability Torts
Damages
o Compensatory Damages
o Punitive Damages
Alternatives to the Tort System
o Workers’ Compensation Acts
Chapter 11: Intellectual Property in the Property System
Trade Secrets
Patent Law
Trademark Law
Copyright Law
Business Law Tentative Schedule & Content Summary Page 5 of 7
Chapter 12: The Criminal Law and Business
Terms & Procedures
Constitutional Issues
Specific Crimes
o Endangering Workers
o Obstruction of Justice
o False Statement to a Bank
o False Statement to a Federal Agency
o Larceny
o Fraud
o Mail and Wire Fraud
o Bankruptcy Crimes
o Racketeer Influenced and Corrupt Organizations Act (RICO)
o Cyber Crime
o Sentencing Guidelines
o Trends
Chapter 13: International Law
International Law and Organizations
o Sources of International Law
o International Organizations and Agreements Affecting Trade
o The European Union
o The North American Free Trade Agreement
Methods of Transacting International Business
o Foreign Sales
o Licenses or Franchises
o Direct Foreign Investment
Risks Involved in International Trade
o Expropriation and Nationalization
o Export Controls
o Pressures for Bribes
o Conflicts with US Antitrust Laws
Resolving International Disputes
o Suing Foreign Governments in the United States
o Suing Foreign Firms in the United States
o International Arbitration
Chapter 14: Formation & Regulation of Business Organizations
Forms of business organizations
Factors to consider when selecting a business form
Selecting the best organizational form
o Sole Proprietorship
Business Law Tentative Schedule & Content Summary Page 6 of 7
o Partnership
o Corporation
o Limited Partnerships
o S Corporations
o Limited Liability Companies
Operating the Organization
Chapter 15: Sarbanes-Oxley & Securities Regulations
Introduction & Terms
Financial Statements & Controls
The Securities Act of 1933: Going Public
Insider Trading
Blue Sky Laws
Recent Developments In and Considerations Beyond The Federal Securities Act
o Sarbanes-Oxley Act of 2002
o State Blue Sky Laws
Chapter 16: Antitrust Laws – Regulating Competition
Historical Development
The Sherman Act
Types of Cases
The Clayton Act
The Federal Trade Commissions Act – Unfair Competition
Chapter 17: Consumer Protection
The Federal Trade Commission
Federal Credit Regulations
Debt Collection and Consumer Protection
Consumer Privacy and Property
Chapter 18: Environmental Laws and Pollution Control
Government’s regulation of itself
Government’s regulation of business
Suits by private individuals
Trends in Environmental Regulation
Chapter 19: Agency and Employment Laws
Principles of Agency Law
Employment Laws
o Minimum Wage
Business Law Tentative Schedule & Content Summary Page 7 of 7
o The WARN Act
o Family & Medical Leave Act
o OSHA
o Pension plans & Health Care
o Worker Privacy
Employment at Will
Chapter 20: Discrimination in Employment
The Civil Rights Act of 1964
Employment Practices that May be Challenged
Other Statutes in Discrimination of Employment
Chapter 21: Labor-Management Relationship
Labor Laws
The Wagner Act
The Taft-Hartley Act
