BUSINESS LAW

Bachelors Degree in Financial Management

BUS 201

Breyer State University
Instructor: Gerald Evans, Ph.D, MBA, BSBA, BS

SYLLABUS

COURSE OVERVIEW: Welcome to Business Law. Most of us have had no formal contact with "Law" in our earlier years and therefore we lack a common "base" upon which an advanced study may be undertaken. This is unfortunate because law welcomed us into the world in the form of our birth certificates and will affect us in countless ways during the balance of our lives.

Therefore we need a common topic with which to begin and experience tells us that this is best supplied by an examination of the "environment" or "surrounding" within which law, business, and the laws of business must function. It is here that law is created, defined, redefined, and applied - and it is known as a "society."

TIME FRAME: This is a five-semester hour course. This course is allotted 10 weeks of time. You must complete all of the requirements for the course successfully by the end of the 10 week period. The first day of week one will being the day that you register for the course, or the day which you notify me that your textbook(s) have arrived and you are ready to begin your studies. Please be cognizant of the time frame. It is rare that extensions of time are permitted, unless you have good justification. Upon successful completion of this course, you will be awarded 5 semester hours of credit.

TEXTBOOKS: There is only one textbook for this course:

Book 1: Business Law, With Applications, 11th Edition. Gordon W. Brown and Paul A. Sukys. Irwin McGraw-Hills Publication: ISBN # 73048100.

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EXAMINATIONS: There are two examinations for this course, a mid-term exam and a final exam. The mid-term exam covers the first seven chapters. The final exam cover chapters eight through eighteen.

a). The mid-term examination must be taken by the end of the fifth week in the course.
b). The final examination must be taken by the tenth week in the course.

Both examinations are programmed and are located in the classroom for this course. The examinations are "open book" objective type. You will have three days to complete your exam, once you access it from the classroom.

GRADING: The grading scale for this course is as follows:

90-100%    = A
80-89%      = B
70-79%      = C
Below 70% = Fail

COMMUNICATION: You are encouraged to communicate with me. I am available as a teacher, coach, and mentor to assist you in meeting your goals for this course. Primarily, communication is through email. However, I am also available for conversation by telephone if you would like. Our classroom for this course has a "Chat" room. I am also very willing to meet with you one-on-one in the chat room at your request. From time to time, depending on how many students are enrolled in this course at a particular time, we will have some scheduled group chats. You will receive more detailed information at the time such chat sessions are scheduled.

WRITTEN ASSIGNMENTS: There are no written assignments for this course. There is a considerable amount of reading involved in this course, and I would prefer you spend your time with the books learning the material.

ABOUT YOUR INSTUCTOR: Gerald Evans, Ph.D, MBA, BSBA, BS, is professor of Business at Canyon College, and Richland Community College. He is a member of National Business Education Association, International Logistics Society, and a Certified and Licensed Buyer. He has also held several positions with national consulting firms.

Dr. Evans is currently Chief Operating Officer for Logistics Forum, Inc. He lectures extensively across the country on Management and Labor practices. He has several publications on Logistics and Business Practices, and has authored over one hundred articles in peer-reviewed journals.

COURSE OBJECTIVES:

1. Explain the law of negligence and the special applications of degree of care required in Business. Identify the liability exposures faced by a risk manager, and discuss the methods available to deal with these exposures.
2. Discuss common law, statutory law, and administrative law as they relate to the field of business, past, present and future and the doctrine of insurable interest.
3. Describe the uniqueness of the insurance mechanism, the role of the law of large numbers, and the classifications of risk which are eligible for transfer to insurance companies.
4. Explain the three insuring agreements and the principle conditions found in a liability policy.
5. Discuss the principles used in underwriting and pricing property and liability risk.

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