A survey course presenting a broad view of the vast array of legal issues affecting daily life in the U.S. business environment. Areas of law covered will include: the court system, common law, statutory law, Constitutional law, torts, crimes, property ownership and control, consumer transactions, insurance and risk management, contract principles, and employment law. Furthermore, the course analyzes in detail how the law applies to contracts, sales, and situations with special attention to the Uniform Commercial Code and its application. Also analyzed are collateral sales matters such as commercial paper and secured transactions. The second portion of this course includes an analysis of various business organizations such as corporations, partnerships, and independent contractors, the various aspects of management and liability, and special legal issues relating to these topics. Lab fee required.

Offered Fall, Spring for 3 Semester hours.