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Mar 29, 2026
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BL 420 - The Legal Environment of Business
This course is a survey of the legal environment in which contemporary business is conducted and the ethical and legal environment of business. Students are provided with a basic and practical understanding of American and international law in such a way as to assist them in meeting the challenges of day-to-day legal and ethical decision making in a rapidly changing business climate. This course introduces students to the foundations of U.S. law and the federal and state court systems. Students will discuss and explain the basics of modern contract law (E-contracts included), internet law and social media, negotiable instruments, and bankruptcy, in addition to identifying and evaluating business and employment relationships, aspects of property law, environmental law and commercial transactions, personal and business torts, securities regulation and consumer protection laws. Comparing aspects and advantages of various business organizations is included.
Credit(s): 3
Prerequisite(s):
None.
Outcomes
- Analyze legal principals within business activities and management level decision making
- Compare and contrast the federal and state legal systems
- Analyze the legal aspects of agency relationships and employment relationships
- Recognize the legal elements arising in contractual relationships
- Identify important federal and state regulations that affect business activities
- Evaluate the aspects of debtor/creditor legislation
- Examine real and personal property ownership categories
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