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GENERAL INFORMATION:
Course number and title: BU271 Business Law
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Campus: National |
Initiator: Cindy M. Edwin |
Date Initiated: April 4, 2019 |
Course description:
This course introduces the legal system of the US and FSM as it relates to relevant topics involving business transactions and regulations. It equips students to have a basic understanding of valid and invalid contracts and agreements regarding property, sales, negotiable instruments, and agency and employment as it relates to US and FSM law. |
COURSE HOURS/CREDITS:
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Hours per Week |
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No. of Weeks |
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Total Hours |
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Semester Credits |
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Lecture |
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3 |
x |
16 |
x |
48 |
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3 |
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Laboratory |
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x |
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x |
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Workshop |
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x |
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x |
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= |
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Total Semester |
Credits |
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3 |
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PURPOSE OF COURSE:
[X] Degree requirement
[ ] Degree elective
[ ] Certificate
[ ] Other
PREREQUISITES:
BU101 Introduction to Business
PSLOS OF OTHER PROGRAMS THIS COURSE MEETS:
PSLO# |
Program |
N/A |
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1) INSTITUTIONAL STUDENT LEARNING OUTCOMES(Check all that apply)
[ ] |
1. Effective oral communication: capacity to deliver prepared, purposeful presentations designed to increase knowledge, to foster understanding, or to promote change in the listeners’ attitudes, values, beliefs, or behaviors. |
[X ] |
2. Effective written communication: development and expression of ideas in writing through work in many genres and styles, utilizing different writing technologies, and mixing texts, data, and images through iterative experiences across the curriculum. |
[X ] |
3. Critical thinking: a habit of mind characterized by the comprehensive exploration of issues, ideas, artifacts, and events before accepting or formulating an opinion or conclusion. |
[ ] |
4. Problem solving: capacity to design, evaluate, and implement a strategy to answer an open-ended question or achieve a desired goal. |
[X ] |
5. Intercultural knowledge and competence: a set of cognitive, affective, and behavioral skills and characteristics that support effective and appropriate interaction in a variety of cultural contexts. |
[ ] |
6. Information literacy: the ability to know when there is a need for information, to be able to identify, locate, evaluate, and effectively and responsibly use and share that information for the problem at hand. |
[X] |
7. Foundations and skills for life-long learning: purposeful learning activity, undertaken on an ongoing basis with the aim of improving knowledge, skills, and competence. |
[ ] |
8. Quantitative Reasoning: ability to reason and solve quantitative problems from a wide array of authentic contexts and everyday life situations; comprehends and can create sophisticated arguments supported by quantitative evidence and can clearly communicate those arguments in a variety of formats. |
2) PROGRAM STUDENT LEARNING OUTCOMES (PSLOs): The student will be able to:
3) COURSE STUDENT LEARNING OUTCOMES (CSLOs) (General): The student will be able to:
4) COURSE STUDENT LEARNING OUTCOMES (CSLOs) (Specific): The student will be able to:
CSLO (General) 1: Demonstrate a basic understanding of the US and FSM legal system. |
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Student Learning Outcome (specific) |
ISLO |
PSLO |
Assessment Strategies |
Define law, describe the sources of law, and explain why we have laws. |
5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 1.1 by completing a written assignment graded with a rubric.
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Outline court procedures and parties involved in court cases. |
5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 1.2 by a written assignment graded with a rubric.
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Explain tort and various types of business crimes. |
5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 1.3 by a written assignment graded with a rubric.
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Explain government regulation of business. |
5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 1.4 by completing a written assignment graded with a rubric.
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CSLO (General) 2: Demonstrate a basic understanding of valid and invalid contracts and agreements regarding property, sales, negotiable instruments, and agency and employment as it relates to US and FSM law. |
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Student Learning Outcome (specific) |
ISLO |
PSLO |
Assessment Strategies |
2.1 Compare contract and an agreement and its validity. |
3*,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.1 with the use of a legal case problem graded with a rubric.
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2.2 Explain Statute of Frauds and types of agreements covered by this law. |
3,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.2 with the use of a legal case problem graded with a rubric.
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2.3 Explain property, including personal property and real property and how title to real estate is transferred. |
3,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.3 with the use of a legal case problem graded with a rubric.
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2.4 Explain when ownership and risk of loss transfers in sales. |
3,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.4 with the use of a legal case problem graded with a rubric.
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2.5 Describe warranty, including express and implied warranties. |
3,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.5 with the use of a legal case problem graded with a rubric.
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2.6 Discuss characteristics of negotiable instruments and how they are transferred. |
3,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.6 with the use of a legal case problem graded with a rubric.
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2.7 Explain the nature of an agency and parties involved, including duties of each party and termination of agency. |
3,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.7 with the use of a legal case problem graded with a rubric.
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2.8 Explain the relationship of employer and employee, including the legal environment of employment. |
3,5,7 |
5 |
Student will demonstrate a basic understanding of CSLO 2.8 with the use of a legal case problem graded with a rubric.
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CSLO (General) 3: Prepare samples of a variety of legal documents and inspect for validity, including samples of their own work and that of their peers. |
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Student Learning Outcome (specific) |
ISLO |
PSLO |
Assessment Strategies |
3.1 Prepare a sample written contract. |
2*,7 |
4,5 |
Student will prepare a sample written contract in which the type (buy or sell an auto, home, rental, etc.) is determined by the instructor graded with a rubric. |
3.2 Inspect a sample written contract for validity. |
7 |
4,5 |
Student, individually or in a group setting, will inspect a sample contract in which the type (buy or sell an auto, home, rental, etc.) is determined by the instructor, using a checklist to determine validity.
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3.3 Prepare a sample Will and Testament. |
2,7 |
4,5 |
Student will prepare a sample Will and Testament using their identified property graded with a rubric.
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5) COURSE CONTENT:
6) METHOD(S) OF INSTRUCTION:
[X] Lecture [X] Cooperative learning groups
[ ] Laboratory [X] In-class exercises
[ ] Audio visual [ ] Demonstrations
[X] Other –Learning Management System
7) REQUIRED TEXT(S) AND COURSE MATERIALS:
Ashcroft, J.D., Ashcroft, K.M., and Patterson, M.A. (2014). Law for Business. (18th Edition or newer version). Mason, OH. South-Western Publishing, Cengage Learning (or most recent edition).
8) REFERENCE MATERIALS:
Supplementary handouts pertaining to:
9) INSTRUCTIONAL COSTS:
None
10) EVALUATION:
The summative evaluation will be based on examinations, authentic evaluations, and a final exam. A grade of C or better is required to pass this course.
11) CREDIT BY EXAMINATION:
None
BU 271 Business Law
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Recommended by CC: 3/10/2020
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Approved by VPIA: 3/12/2020
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