Course

Credit Type:
Course
ACE ID:
ICS-0043
Version:
6
Organization's ID:
BUS214
Organization:
Penn Foster College
Location:
Classroom-based
Length:
Self-paced (52 weeks)
Minimum Passing Score:
70
ACE Credit Recommendation Period:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Business Law
Description

Objective:

The course objective is to be a continuation of Business Law 1. Topics covered include sales, consumer law, negotiable instruments, personal and real property law, wills and trusts, insurance, secured transactions, bankruptcy, and torts and crimes.

Learning Outcomes:

  • Explain the rights of secured and unsecured creditors, the consequences of bankruptcy, risk management, and the purpose of different types insurance
  • Explain laws pertaining to ownership and transfer of property and the general principles involved in wills, trusts,and estates
  • Discuss the formation of sales and lease contracts and the legal issues arising from those types of contracts
  • Explain the purpose and types of negotiable instruments and the role they play in business
  • Discuss the principles of torts, the different types of torts, and criminal law as it relates to business

General Topics:

  • Property
  • Sales and consumer protection
  • Negotiable instruments
  • Insurance, secured transactions, and bankruptcy
  • Torts and crimes
Instruction & Assessment

Instructional Strategies:

  • Computer Based Training
  • Discussion
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Performance Rubrics (Checklists)
  • Quizzes
  • Written Papers
Supplemental Materials
Equivalencies