BUSN 1110 - Business Law and Ethics
3 Credits
Business law and ethics affect every business, whether you are a for profit or nonprofit organization. Laws are not constant as they are interpreted by the courts which create vast uncertainty for business. Organizations must comply with the law, period. Ethics (like many laws) are not always clear; in fact, they are gray and we often learn from other organizations mistakes. Organizations should live by a “Code of Ethics” to promote ethical behavior at all levels, and advise individuals/employeeon what to do when they observe or perceive something unethical. You will examine workplace issues impacting supervisory responsibilities and explore the influence of ethics on individuals and organizations. You will be introduced to the American leal system. Understand civil, criminal, contract, employment, and labor laws and how they affect business.
Learning Outcomes
Reflect on the American legal system Examine credit and risk Create a learning portfolio Explore the global and culturally diverse context in which business and business law functions. Apply basic legal concepts within the context of a business setting Explain property rights Explain the functions of courts and other non-judicial tribunals in the resolution of disputes. Discuss negotiable instruments Ability to examine elements of contracts Assess the impact of government regulation on business Assess consumer protection and liability List the types of business organizations Identify how the laws of TORTS impact business Examine the main sources of legal authority, which may include Apply principles of employment law and agency Evaluate the ethical cause and effect in decision making
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