Law for Business

Part 1 The legal system and the legal environment of business: introduction to law; court and court procedure; business torts and crimes; government regulation of business. Part 2 Contracts: nature and classes of contracts; offer and acceptance; capacity to contract; consideration; defective agreements; illegal agreements; written contracts; third parties and contracts; termination of contracts. Part 3 Personal property: nature of personal property; special bailments. Part 4 Sales: sales of personal property; formalities of a sale; transfer of title and risk in sales contracts; warranties, product liability, and consumer protection. Part 5 Commercial paper and negotiable instruments: nature of negotiable instruments; essentials of negotiability; promissory notes and drafts; negotiation and discharge; liabilities of parties and holders in due course; defenses. Part 6 Agency and employment: nature and creation of an agency; operation and termination of an agency; employer and employee relationships; employee rights; labour legislation. Part 7 Business organization: introduction to business organization; creation and operation of a partnership; dissolution of a partnership; nature of a corporation; management and dissolution of a corporation. Part 8 Insurance and other risk-bearing devices: principles of insurance; types of insurance; security devices; bankruptcy. Part 9 Real property: nature of real property; transfer of real property; real estate mortgages; landlord and tenant relationships; wills and inheritances.