BUSINESS LAW I

Catalog description

An introduction to the law, looking at the nature, type and sources of law, and the judicial system. Contracts, the elements necessary to form them, performance required, and breaches and their remedies. Sales, title and risk of loss, warranties, performance, and remedies. Negotiable instruments, form transfer, holders in due course, defenses. (Note: Accounting majors who plan to sit for the CPA exam are encouraged to take this course in the fall semester of their fourth year).