Formal Course Description:
The American legal system; sources of law; adjudication; the legal nature of the corporation; major areas of state and federal corporate law; state and federal regulation of business; legal aspects of ethical and social responsibility of business.
Scope of the Course:
This course focuses on the legal environment of the business corporation – the law governing relationships within the corporation and between the corporation and the social and political environment. You will learn about the legal system of the United States, the nature and uses of law, and the major legal and ethical issues facing the manager in a business corporation. In addition, you will be introduced to several substantive areas of law, including contracts and torts, product liability, employment law, ethics, and business organizations. You should become a more astute user of legal services and you should gain a more comprehensive view of the environment in which you do business.
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