Business Law

Catalog description

LGST 4100 examines the fundamental legal element of almost every business transaction – a contract. The course focuses on how businesspeople form and perform contracts under the Uniform Commercial Code. In addition, the course examines negotiable instruments and how they function in the banking system. LGST 4100 then focuses on the general rights of creditors and how bankruptcy affects creditor rights. The course also includes material on the structure of business organizations, including mergers and consolidations, and the use of agents in a business setting. The course concludes with a variety of specialized topics including property law, landlord-tenant law, insurance law, estate law and professional liability law. This course is required for Legal Studies in Business majors.